Micron Technology Stock Price on July 9, 2019

MU Stock  USD 119.25  0.45  0.38%   
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 119.25, as last reported on the 28th of March, with the highest price reaching 120.11 and the lowest price hitting 117.08 during the day.
IPO Date
1st of June 1984
200 Day MA
75.9074
50 Day MA
90.737
Beta
1.239
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. By analyzing Micron Technology's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please exercise Micron Technology's Risk Adjusted Performance of 0.1177, mean deviation of 1.8, and Downside Deviation of 2.2 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 (14.31). Micron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.2065

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Estimated Market Risk

 2.85
  actual daily
25
75% of assets are more volatile

Expected Return

 0.59
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average Micron Technology is performing at about 16% 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
2.9988
Enterprise Value Ebitda
33.7104
Price Sales
7.1841
Shares Float
1.1 B
Dividend Share
0.46

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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 ReportedProjected for 2024
Common Stock Shares Outstanding1.3 B783.8 M
Net Loss-6.7 B-6.4 B

Micron Technology Quarterly Net Working Capital

17.18 Billion

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.
A focus of Micron Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Micron Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Micron Technology Period Price Range

Micron Technology March 28, 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

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.
When determining whether Micron Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Micron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Micron Technology Stock. Highlighted below are key reports to facilitate an investment decision about Micron Technology Stock:
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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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
(3.45)
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.