Micron Story

<div class='circular--portrait' style='background:#754DEB;color: #F0FFF0;font-size:4em;'>MT</div>
MU -- USA Stock  

USD 53.53  0.90  1.71%

Micron Technology Receivables Turnover is comparatively stable at the moment as compared to the past year. Micron Technology reported Receivables Turnover of 6.99 in 2019. Inventory Turnover is likely to gain to 4.28 in 2020, whereas Average Assets are likely to drop slightly above 26.3 B in 2020. Today's short post will review Micron Technology as your potential position. We will break down the question of why private investors should continue to be confident in Micron Technology outlook.
Published over two weeks ago
View all stories for Micron Technology | View All Stories
Is Micron Technology (NASDAQ:MU) outlook positive for October 2020?
Micron Technology has performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.9911, which conveys possible diversification benefits within a given portfolio. Let's try to break down what Micron's beta means in this case. Micron Technology returns are very sensitive to returns on the market. As the market goes up or down, Micron Technology is expected to follow. Although it is extremely important to respect Micron Technology price patterns, it is better to be realistic regarding the information on equity historical price patterns. The philosophy towards estimating future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Micron Technology technical indicators, you can presently evaluate if the expected return of 0.0529% will be sustainable into the future. Micron Technology right now secures a risk of 2.21%. Please verify Micron Technology total risk alpha, as well as the relationship between the downside variance and daily balance of power to decide if Micron Technology will be following its current price movements.
There are currently many different techniques concerning forecasting the market as a whole as well as predicting future values of individual securities such as Micron Technology. Regardless of method or technology, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.

Predictive Modules for Micron Technology


How important is Micron Technology's Liquidity

Micron Technology financial leverage refers to using borrowed capital as a funding source to finance Micron Technology ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Micron Technology financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Micron Technology's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Micron Technology, but it might be worth checking our own buy vs. sell analysis

A Deeper look at Micron

Micron Technology currently demonstrates below-verage downside deviation. It has Information Ratio of -0.02 and Jensen Alpha of -0.05. However, we do advice investors to further question Micron Technology expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Returns Breakdown

13.03
Return on Assets
17.88
Return on Investment
Return on Investment17.88
Return on Assets13.03
Return on Equity35.77
Return Capital0.19
Return on Sales0.31

Will Micron continue to gain?

Newest Information Ratio is up to -0.02. Price may drop again. Micron Technology currently demonstrates below-verage downside deviation. It has Information Ratio of -0.02 and Jensen Alpha of -0.05. However, we do advice investors to further question Micron Technology expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.

Our Final Takeaway

Whereas few other entities under the semiconductors industry are still a bit expensive, Micron Technology may offer a potential longer-term growth to private investors. While some private investors may not share our view, we believe it may be a good time to increase your existing holdings in Micron as the risk-reward trade off is appealing enough to hold a position. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Micron Technology.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Micron Technology. Please refer to our Terms of Use for any information regarding our disclosure principles.

Would you like to provide feedback on the content of this article?

You can get in touch with us directly or send us a quick note via email to editors@macroaxis.com