Micron Technology (UK) Performance
| 0R2T Stock | 87.87 1.34 1.55% |
The company secures a Beta (Market Risk) of 0.0568, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Micron Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding Micron Technology is expected to be smaller as well. At this point, Micron Technology has a negative expected return of -0.19%. Please make sure to verify Micron Technology's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Micron Technology performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Micron Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unsteady performance, the Stock's basic indicators remain stable and the newest uproar on Wall Street may also be a sign of mid-term gains for the firm private investors. ...more
| Total Cashflows From Investing Activities | -6.2 B |
Micron |
Micron Technology Relative Risk vs. Return Landscape
If you would invest 10,398 in Micron Technology on October 6, 2024 and sell it today you would lose (1,611) from holding Micron Technology or give up 15.49% of portfolio value over 90 days. Micron Technology is generating negative expected returns and assumes 3.8395% volatility on return distribution over the 90 days horizon. Simply put, 34% of stocks are less volatile than Micron, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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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 = -0.0505
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| Negative Returns | 0R2T |
Estimated Market Risk
| 3.84 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.19 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Micron Technology is not performing at its full potential. However, 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 Micron Technology 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 | 0.0174 | ||||
| Return On Asset | 0.0117 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 127.18 B | ||||
| Shares Outstanding | 1.13 B | ||||
| Revenue | 25.11 B | ||||
| EBITDA | 8.94 B | ||||
| Book Value Per Share | 40.70 X | ||||
| Cash Flow From Operations | 1.56 B | ||||
| Earnings Per Share | 1.99 X | ||||
| Retained Earnings | 40.82 B |
About Micron Technology Performance
Assessing Micron Technology's fundamental ratios provides investors with valuable insights into Micron Technology's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Micron Technology is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
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 generated a negative expected return over the last 90 days | |
| Micron Technology has high historical volatility and very poor performance | |
| The company reported the revenue of 25.11 B. Net Loss for the year was (5.83 B) with loss before overhead, payroll, taxes, and interest of (1.42 B). | |
| Over 81.0% of the company shares are owned by institutions such as pension funds |
- 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.
Additional 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.