Micron Technology Stock Price on June 30, 2021
| MU Stock | USD 109.12 2.35 2.20% |
Below is the normalized historical share price chart for Micron Technology extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Micron Technology stands at 109.12, as last reported on the 22nd of April, with the highest price reaching 110.23 and the lowest price hitting 106.63 during the day.
If you're considering investing in Micron Stock, it is important to understand the factors that can impact its price. Micron Technology appears to be very steady, given 3 months investment horizon. Micron Technology has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Micron Technology, which you can use to evaluate the volatility of the firm. Please exercise Micron Technology's Downside Deviation of 2.57, risk adjusted performance of 0.0924, and Mean Deviation of 2.13 to check out if our risk estimates are consistent with your expectations.
At this time, Micron Technology's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 77.6 B in 2024, whereas Common Stock is likely to drop slightly above 86.4 M in 2024. . At this time, Micron Technology's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 2.34 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (14.32). Micron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of June 1984 | 200 Day MA 80.5702 | 50 Day MA 102.4112 | Beta 1.277 |
Micron |
Sharpe Ratio = 0.1172
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Estimated Market Risk
| 3.1 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.12 actual daily | 9 91% of assets perform better |
Based on monthly moving average Micron Technology is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Micron Technology by adding it to a well-diversified portfolio.
Price Book 3.0921 | Enterprise Value Ebitda 34.7196 | Price Sales 7.4091 | Shares Float 1.1 B | Dividend Share 0.46 |
Micron Technology Valuation on June 30, 2021
It is possible to determine the worth of Micron Technology on a given historical date. On June 30, 2021 Micron was worth 73.67 at the beginning of the trading date compared to the closed value of 72.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Micron Technology stock. Still, in general, we apply an absolute valuation method to find Micron Technology's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Micron Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Micron Technology's related companies.
| Open | High | Low | Close | Volume | |
04/07/2022 | 73.67 | 74.68 | 72.13 | 72.15 | 22,658,641 |
| 72.50 | 72.85 | 70.83 | 71.12 | 20,562,570 |
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Micron Technology Trading Date Momentum on June 30, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Micron Technology Fundamentals Correlations and Trends
By evaluating Micron Technology's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Micron Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Micron financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Micron Technology Stock history
Micron Technology investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Micron is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Micron Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Micron Technology stock prices may prove useful in developing a viable investing in Micron Technology
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.3 B | 783.8 M | |
| Net Loss | -6.7 B | -6.4 B |
Micron Technology Quarterly Net Working Capital |
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Micron Technology Stock Technical Analysis
Micron Technology technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Micron Technology Period Price Range
Low | April 7, 2022
| High |
73.67 | 72.15 |
Micron Technology April 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Micron Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Micron Technology shares will generate the highest return on investment. By undertsting and applying Micron Technology stock market strength indicators, traders can identify Micron Technology entry and exit signals to maximize returns
| Accumulation Distribution | 773695.0 | |||
| Daily Balance Of Power | (0.60) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 73.41 | |||
| Day Typical Price | 72.99 | |||
| Price Action Indicator | (2.01) | |||
| Period Momentum Indicator | 36.97 |
Micron Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Micron Technology's price direction in advance. Along with the technical and fundamental analysis of Micron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Micron to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0924 | |||
| Jensen Alpha | 0.2992 | |||
| Total Risk Alpha | 0.0354 | |||
| Sortino Ratio | 0.1319 | |||
| Treynor Ratio | 0.2721 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Micron Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. For more information on how to buy Micron Stock please use our How to Invest in Micron Technology guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Micron Stock analysis
When running Micron Technology's price analysis, check to measure Micron Technology's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Micron Technology is operating at the current time. Most of Micron Technology's value examination focuses on studying past and present price action to predict the probability of Micron Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Micron Technology's price. Additionally, you may evaluate how the addition of Micron Technology to your portfolios can decrease your overall portfolio volatility.
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Is Micron Technology's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Micron Technology. If investors know Micron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Micron Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.43) | Dividend Share 0.46 | Earnings Share (3.44) | Revenue Per Share 16.67 | Quarterly Revenue Growth 0.577 |
The market value of Micron Technology is measured differently than its book value, which is the value of Micron that is recorded on the company's balance sheet. Investors also form their own opinion of Micron Technology's value that differs from its market value or its book value, called intrinsic value, which is Micron Technology's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Micron Technology's market value can be influenced by many factors that don't directly affect Micron Technology's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Micron Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Micron Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Micron Technology's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.