Micron Technology Stock Price on December 18, 2024

MU Stock  USD 89.82  0.54  0.60%   
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 89.82, as last reported on the 27th of December, with the highest price reaching 90.63 and the lowest price hitting 88.10 during the day.
IPO Date
1st of June 1984
200 Day MA
110.7391
50 Day MA
102.5962
Beta
1.179
 
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 has Sharpe Ratio of -0.0506, which conveys that the firm had a -0.0506% return per unit of risk over the last 3 months. Micron Technology exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Micron Technology's Risk Adjusted Performance of 0.0089, downside deviation of 4.01, and Mean Deviation of 2.57 to check out the risk estimate we provide.
  
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 72.9 B in 2024, whereas Common Stock is likely to drop slightly above 88 M in 2024. . At this time, Micron Technology's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.08 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop (12.50) in 2024. Micron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0506

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Estimated Market Risk

 3.38
  actual daily
30
70% of assets are more volatile

Expected Return

 -0.17
  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.
Price Book
2.1256
Enterprise Value Ebitda
8.18
Price Sales
3.9613
Shares Float
1.1 B
Wall Street Target Price
132.007

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Micron Technology Valuation on December 18, 2024

It is possible to determine the worth of Micron Technology on a given historical date. On December 18, 2024 Micron was worth 110.25 at the beginning of the trading date compared to the closed value of 103.9. 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
  109.75    110.49    107.68    108.60    35,733,228  
12/18/2024
  110.25    112.04    102.73    103.90    63,024,281  
  90.08    91.00    84.61    87.09    91,304,890  
Backtest Micron Technology  |  Micron Technology History  |  Micron Technology Valuation   PreviousNext  
Open Value
110.25
100.10
Downside
103.9
Closing Value
120.40
Upside

Micron Technology Trading Date Momentum on December 18, 2024

On December 19 2024 Micron Technology was traded for  87.09  at the closing time. The highest price during the trading period was 91.00  and the lowest recorded bid was listed for  84.61 . The volume for the day was 91.3 M. This history from December 19, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 16.18% . The trading delta at closing time to the current price is 14.82% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding1.1 B794.9 M
Net Loss-6.7 B-6.4 B

Micron Technology Quarterly Net Working Capital

15.12 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

Low
December 27, 2024
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High

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Micron Technology cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 December 27, 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.

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.