Micron Stock Price on July 26, 2022 Breakdown

MU
 Stock
  

USD 55.49  2.16  3.75%   

As of today, the current price of Micron Technology is  55.49 , as last reported on the 2nd of December, with the highest price reaching  57.92  and the lowest price hitting  55.10  during the day.
We consider Micron Technology very steady. Micron Technology has Sharpe Ratio of 0.0182, which conveys that the firm had 0.0182% of return per unit of risk over the last 3 months. Our standpoint towards estimating the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Micron Technology, which you can use to evaluate the future volatility of the firm. Please verify Micron Technology Downside Deviation of 2.9, mean deviation of 2.17, and Risk Adjusted Performance of 0.0161 to check out if the risk estimate we provide is consistent with the expected return of 0.0533%.
  
Net Income Common Stock is likely to drop to about 5 B in 2022. Price to Book Value is likely to gain to 1.99 in 2022. Price to Earnings Ratio is likely to gain to 7.39 in 2022. Micron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Most Recent Activity

Shares Float
1.1 B
net Income Applicable To Common Shares
8.7 B
Shares Outstanding
1.1 B
Shares Short Prior Month
31.7 M
Dividend Share
0.43
Earnings Share
7.75

Micron Technology Main Headline on 26th of July 2022

Micron Technology dividend paid on 26th of July 2022

Micron Technology Valuation on July 26, 2022

It is possible to determine the worth of Micron Technology on a given historical date. On July 26, 2022 Micron was worth 60.31 at the beginning of the trading date compared to the closed value of 59.53. 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 Visa 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
  61.35    61.83    59.70    60.02    14,479,420  
07/26/2022
  60.31    60.69    59.55    59.53    11,044,820  
  60.49    62.39    59.61    61.76    14,589,820  
Backtest Micron Technology  |  Micron Technology History  |  Micron Technology Valuation   PreviousNext  
Open Value 60.31
59.53
Closing Value
69.09
Upside

Micron Technology Trading Date Momentum on July 26, 2022

On July 27 2022 Micron Technology was traded for  61.76  at the closing time. The highest price during the trading period was 62.39  and the lowest recorded bid was listed for  59.61 . The volume for the day was 14.6 M. This history from July 27, 2022 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 3.75% . The trading delta at closing time to the current price is 5.59% .

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 historical stock prices may prove useful in developing a viable investing in Micron Technology
Last ReportedProjected for 2022
Weighted Average Shares1.1 B1.2 B
Weighted Average Shares Diluted1.1 B1.2 B
Issuance Purchase of Equity Shares106 M114.4 M

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
July 26, 2022
High

 60.31 

  

 59.53 

-0.78-1.29%

Micron Technology December 2, 2022 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 stock's 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 stock 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.
Additionally, see Correlation Analysis. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for analysis

When running Micron Technology 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 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.
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Go
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 YOY
(0.43) 
Market Capitalization
62.7 B
Quarterly Revenue Growth YOY
(0.20) 
Return On Assets
0.097
Return On Equity
0.19
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 Micron Technology value 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.