Micron Technology, Stock Price on December 5, 2024
| MU Stock | 24.42 0.19 0.78% |
If you're considering investing in Micron Stock, it is important to understand the factors that can impact its price. As of today, the current price of Micron Technology, stands at 24.42, as last reported on the 21st of January, with the highest price reaching 24.47 and the lowest price hitting 24.39 during the day. As of now, Micron Stock is not too volatile. Micron Technology, has Sharpe Ratio of 0.0224, which conveys that the firm had a 0.0224 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Micron Technology,, which you can use to evaluate the volatility of the firm. Please verify Micron Technology,'s Mean Deviation of 2.56, downside deviation of 4.16, and Risk Adjusted Performance of 0.0124 to check out if the risk estimate we provide is consistent with the expected return of 0.0846%.
As of the 21st of January 2025, Total Stockholder Equity is likely to drop to about 36.6 B. In addition to that, Common Stock Shares Outstanding is likely to drop to about 884 M. Micron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Micron |
Sharpe Ratio = 0.0224
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Estimated Market Risk
| 3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Micron Technology, is performing at about 1% 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 1.957 | Book Value 40.695 | Enterprise Value 153.4 B | Enterprise Value Ebitda 7.9922 | Price Sales 5.7898 |
Micron Technology, Valuation on December 5, 2024
It is possible to determine the worth of Micron Technology, on a given historical date. On December 5, 2024 Micron was worth 23.93 at the beginning of the trading date compared to the closed value of 23.21. 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 | |
| 23.24 | 23.76 | 22.97 | 23.70 | 51,914 | |
12/05/2024 | 23.93 | 23.95 | 23.16 | 23.21 | 69,032 |
| 23.02 | 23.47 | 23.02 | 23.29 | 181,291 |
| Backtest Micron Technology, | | | Micron Technology, History | | | Micron Technology, Valuation | Previous | Next |
Micron Technology, Trading Date Momentum on December 5, 2024
| On December 06 2024 Micron Technology, was traded for 23.29 at the closing time. The maximum traded price for the trading interval was 23.47 and the lowest daily price was 23.02 . The daily volume was recorded at 181.3 K. The volume of trading on 6th of December 2024 played a part in the next trading day price boost. The trading delta at closing time to the next closing price was 0.34% . The trading delta at closing time to the closing price today is 4.91% . |
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 | 998 M | 884 M |
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 | January 21, 2025
| High |
0.00 | 0.00 |
Micron Technology, cannot be verified against its exchange. Please verify the symbol is currently traded on NEO Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Micron Technology, January 21, 2025 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.
| Risk Adjusted Performance | 0.0124 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0131 |
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Other Information on Investing in Micron Stock
Micron Technology, financial ratios help investors to determine whether Micron Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Micron with respect to the benefits of owning Micron Technology, security.