Micron Technology Stock Performance
| MU Stock | USD 111.78 0.68 0.60% |
On a scale of 0 to 100, Micron Technology holds a performance score of 10. The company secures a Beta (Market Risk) of 1.53, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Micron Technology will likely underperform. Please check Micron Technology's downside variance, and the relationship between the total risk alpha and daily balance of power , to make a quick decision on whether Micron Technology's current price movements will revert.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Micron Technology are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak basic indicators, Micron Technology unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (1.13) | Five Day Return 1.4 | Year To Date Return 35.04 | Ten Year Return 325.04 | All Time Return 7.8 K |
Forward Dividend Yield 0.0041 | Payout Ratio 0.3156 | Last Split Factor 2:1 | Forward Dividend Rate 0.46 | Dividend Date 2024-04-16 |
1 | Samsung confirms next generation HBM4 memory is in fact Snowbolt and reveals it plans to flood the market with precious AI memory amidst growing competition wit... | 04/02/2024 |
2 | Micron Unveils Quad-Port SSD for Autonomous Vehicles | 04/10/2024 |
3 | Disposition of 1606 shares by April Arnzen of Micron Technology at 122.52 subject to Rule 16b-3 | 04/15/2024 |
| Micron Technology dividend paid on 16th of April 2024 | 04/16/2024 |
5 | Micron set to get 6 billion in chip grants from US, Bloomberg reports | 04/17/2024 |
6 | Citi maintains Buy on Micron, keeps stock target amid sector concerns | 04/18/2024 |
7 | Micron Up 1.9 percent Since Last Earnings Report Can It Continue | 04/19/2024 |
8 | Why BigBear.ai, Super Micro Computer, Arm Holdings, and Other Artificial Intelligence Stocks Surged on Tuesday | 04/23/2024 |
| Begin Period Cash Flow | 8.3 B | |
| Total Cashflows From Investing Activities | -6.2 B |
Micron |
Micron Technology Relative Risk vs. Return Landscape
If you would invest 8,797 in Micron Technology on January 26, 2024 and sell it today you would earn a total of 2,381 from holding Micron Technology or generate 27.07% return on investment over 90 days. Micron Technology is generating 0.4344% of daily returns and assumes 3.1459% volatility on return distribution over the 90 days horizon. Put differently, 27% of stocks are less risky than Micron on the basis of their historical return distribution, and some 92% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Micron Technology Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Micron Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Micron Technology, and traders can use it to determine the average amount a Micron Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1381
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Estimated Market Risk
| 3.15 actual daily | 27 73% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Micron Technology is performing at about 10% 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.
Micron Technology Fundamentals Growth
Micron Stock prices reflect investors' perceptions of the future prospects and financial health of Micron Technology, and Micron Technology fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Micron Stock performance.
| Return On Equity | -0.0827 | ||||
| Return On Asset | -0.0377 | ||||
| Profit Margin | (0.21) % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 129.91 B | ||||
| Shares Outstanding | 1.11 B | ||||
| Price To Earning | 19.60 X | ||||
| Price To Book | 3.09 X | ||||
| Price To Sales | 7.41 X | ||||
| Revenue | 15.54 B | ||||
| Gross Profit | (1.42 B) | ||||
| EBITDA | 2.66 B | ||||
| Net Income | (5.83 B) | ||||
| Cash And Equivalents | 9.33 B | ||||
| Cash Per Share | 8.58 X | ||||
| Total Debt | 13.93 B | ||||
| Debt To Equity | 0.15 % | ||||
| Current Ratio | 2.89 X | ||||
| Book Value Per Share | 39.63 X | ||||
| Cash Flow From Operations | 1.56 B | ||||
| Earnings Per Share | (3.44) X | ||||
| Market Capitalization | 124.53 B | ||||
| Total Asset | 64.25 B | ||||
| Retained Earnings | 40.82 B | ||||
| Working Capital | 16.48 B | ||||
| Current Asset | 9.49 B | ||||
| Current Liabilities | 4.83 B | ||||
About Micron Technology Performance
To evaluate Micron Technology Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Micron Technology generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Micron Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Micron Technology market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Micron's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 162.49 | 170.61 | |
| Return On Tangible Assets | (0.08) | (0.08) | |
| Return On Capital Employed | (0.1) | (0.11) | |
| Return On Assets | (0.08) | (0.08) | |
| Return On Equity | (0.12) | (0.11) |
Things to note about Micron Technology performance evaluation
Checking the ongoing alerts about Micron Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Micron Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Micron Technology had very high historical volatility over the last 90 days | |
| The company generated the yearly revenue of 15.54 B. Annual Net Loss to common stockholders was (5.83 B) with gross Loss of (1.42 B). | |
| Over 85.0% of the company shares are owned by institutional investors | |
| On 16th of April 2024 Micron Technology paid $ 0.115 per share dividend to its current shareholders | |
| Latest headline from fool.com: Why BigBear.ai, Super Micro Computer, Arm Holdings, and Other Artificial Intelligence Stocks Surged on Tuesday |
- Analyzing Micron Technology's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Micron Technology's stock is overvalued or undervalued compared to its peers.
- Examining Micron Technology's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Micron Technology's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Micron Technology's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Micron Technology's stock. These opinions can provide insight into Micron Technology's potential for growth and whether the stock is currently undervalued or overvalued.
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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.