Micron Technology, Inc. (MU)

Nasdaq Stock Exchange
USD
US5951121038
1 June 1984  –  11 December 2024

Performance

Annualized Return
11.24%
Sharpe Ratio
0.48
Maximum Drawdown
-98.25%

Metrics

Metric Micron Technology, Inc.
Initial Balance $10,000
Final Balance $751,676
Returns   [View more details]
Month-To-Date 4.19%
Year-To-Date 19.94%
3M 18.43%
6M -24.15%
Annual Return (3Y) 6.73%
Annual Return (5Y) 15.36%
Annual Return (All) 11.24%
Risk   [View more details]
Annual Volatility 60.15%
Max Drawdown -98.25%
Sharpe Ratio 0.48
Sortino Ratio 0.71
Adjusted Sortino (S/√2) 0.5

  • Initial balance: The amount of starting capital used to invest in the asset or portfolio. In this case, we're starting with a $10,000 investment on June 1984.
  • Final balance: The amount of capital we've accrued over time as of December 2024.
  • Annual return: Also known as annualized return, or CAGR (Compound Annual Growth Rate), measures how much an investment has increased on average each year, during a specific time period. The time period in this case is approximately 41 year(s). Even a small difference in return can have a big impact on the final balance over a long period of time.
  • Annual volatility: Basically indicates how much, in percentage points, the investment can deviate from its annual return, under most circumstances. An investment with an annual return of 5% and an annual volatility of 10% would indicate returns from approximately -5% to 15% most of the time. A lower volatility is usually preferred to ensure more steady returns over time.
  • Best year: The best performance attained over its lifetime in a given year.
  • Worst year: The worst performance undergone over its lifetime in a given year.
  • Max drawdown: The largest percentage drop from a peak to a trough of an asset or portfolio, before a new peak is attained. Maximum drawdown is an indicator of downside risk over a specified time period.
  • Sharpe Ratio: The Sharpe ratio measures the performance of an investment compared to a risk-free asset, after adjusting for its risk. A Sharpe Ratio above 1 is considered good.
  • Sortino Ratio: The Sortino Ratio is a variation of the Sharpe ratio that only penalizes the investment for negative volatility/outcomes, and not for positive volatility. A Sortino Ratio above 1 is considered good.
  • Adjusted Sortino Ratio: Sortino Ratio/√2. To allow for comparing the Sortino ratio to the Sharpe ratio, we multiply the risk measure of the Sortino ratio by the square root of 2 (which is the same as dividing the Sortino ratio by the square root of 2).
  • Ulcer Index: The Ulcer Index (UI) is a technical indicator that measures downside risk in terms of both the depth and duration of price declines.
  • Gain to Pain Ratio: The sum of all returns divided by the absolute value of the sum of all negative returns. In essence, the GPR shows the ratio of net returns to the losses incurred in getting those returns.

Annualized Returns

Annual Return 1y Annual Return 3y Annual Return 5y Annual Return 10y Annual Return 20y Annual Return
Micron Technology, Inc. 31.76 6.73 15.36 11.85 11.48 11.24

Annual Returns

Year Micron Technology, Inc.
1984 92.92%
1985 -68.81%
1986 -47.06%
1987 227.82%
1988 6.78%
1989 -38.09%
1990 3.84%
1991 40.06%
1992 33.99%
1993 146.63%
1994 138.47%
1995 80.54%
1996 -26.4%
1997 -10.94%
1998 94.94%
1999 54.51%
2000 -9.12%
2001 -12.68%
2002 -68.58%
2003 38.3%
2004 -8.31%
2005 7.77%
2006 4.88%
2007 -48.07%
2008 -63.59%
2009 300.01%
2010 -24.05%
2011 -21.57%
2012 0.8%
2013 243.06%
2014 60.97%
2015 -59.55%
2016 54.8%
2017 87.59%
2018 -22.84%
2019 69.49%
2020 39.79%
2021 24.21%
2022 -45.93%
2023 71.93%
2024 19.94%

Micron Technology, Inc. had 25 positive years and 16 negative years. That's a positive ratio of 61%.

Monthly Returns

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD
1984 - - - - - 79.7% -17.7% 49.7% -14.8% 0.9% 4.2% -2.7% 92.9%
1985 -11.9% -51.6% -1.1% -6.5% -23.3% 7.6% -9.9% -7.8% -5.1% -35.7% 97.3% -4.2% -68.8%
1986 38.2% -2.1% 3.3% 22.1% -13.8% -25% -14.7% 26.6% -13.6% -18.6% -31.6% -7.7% -47.1%
1987 25% 20% 14.8% 33.9% 20.5% -13% 10.4% 0% 12.5% -36.1% -4.3% 78.8% 227.8%
1988 -4.2% 36.3% -7.1% 12.6% 6.2% 3.5% -12.4% -11.6% 22.6% -9.5% -18.4% 1.6% 6.8%
1989 15.1% 7.6% -0.7% 9.7% 15.3% -24.5% -27.7% 7.5% -9.6% -19.2% -4.8% -2.5% -38.1%
1990 -20.5% 56.5% 1% 0% 10.2% -1.9% -15.1% -20% -8.3% -4.5% 25.4% 2.5% 3.8%
1991 22.2% 25.3% 4.8% -9.2% 12.7% -29.3% 5.3% 14.1% 2.7% 20.7% -24% 6.6% 40.1%
1992 31.9% 4.7% -20.5% -7.3% 3.5% -4.2% 14% -6.2% 6.6% 19.2% -3% 0.7% 34%
1993 17.2% 10.7% -3.6% -2.6% 29.3% 24.8% 20.9% 18.9% 2.3% -13% -2.5% 0.5% 146.6%
1994 25.5% 21.4% 17.5% 9.8% -7.5% 2.6% 8.1% 7.7% -14.2% 15.9% 5% 5.2% 138.5%
1995 0.3% 40.1% 22.9% 8.4% 8.3% 23.3% 13.4% 23.4% 3.3% -11.2% -23% -26.9% 80.5%
1996 -13.6% -6.6% -1.2% 15% -11.6% -19.5% -27.1% 20.5% 34.1% -18% 32.5% -12.1% -26.4%
1997 19.3% 8.6% 7% -12.7% 19.9% -5.3% 21.3% -8.3% -22.1% -22.5% -7.4% 4.3% -10.9%
1998 33.3% -4% -12.4% 6.9% -24.1% 5.3% 34.3% -31.7% 33.8% 24.9% 8.7% 22.4% 94.9%
1999 54.3% -26.1% -16.4% -22.7% 1.7% 6.9% 52.2% 21.5% -11.2% 7.2% -6% 16.5% 54.5%
2000 -20.4% 54.4% 31.3% 10.6% 0.4% 25.9% -7.5% -0% -43.6% -24.5% -9.4% 12.7% -9.1%
2001 28.9% -25.2% 21.4% 9.3% -17.4% 9.6% 2.2% -10.5% -49.9% 20.9% 19.3% 14.1% -12.7%
2002 8.9% -4.7% 2.3% -28% -0.5% -14.3% -3.6% -11.5% -28.3% 29.4% -1.2% -38.4% -68.6%
2003 -15.7% -2.7% 1.9% 4.4% 33.2% 3.8% 24.6% -1.9% -6.6% 6.9% -9.3% 3.5% 38.3%
2004 19.6% -6.6% 11.1% -18.5% 10.4% 1.9% -11.6% -14.9% 4.5% 1.3% -9% 11.5% -8.3%
2005 -15.7% 10.5% -10.1% -6.1% 13.1% -7% 16.4% 0.3% 11.7% -2.3% 9.8% -6.7% 7.8%
2006 10.3% 5.7% -5.1% 15.3% -2.4% -9.1% 3.5% 10.8% 0.7% -17% 1% -4.4% 4.9%
2007 -7.2% -8.4% 1.9% -5.1% 6.2% 2.9% -5.3% -3.5% -3.1% -5.3% -20.8% -12.9% -48.1%
2008 -3.6% 7.6% -20.6% 29.3% 4.5% -25.7% -19.5% -12.2% -4.5% 16.3% -41.8% -3.7% -63.6%
2009 40.9% -13.4% 26.1% 20.2% 3.7% 0% 26.3% 15.3% 11.3% -17.2% 10.8% 40.4% 300%
2010 -17.4% 3.9% 14.5% -9.8% -2.8% -6.6% -14.3% -11.3% 11.6% 14.6% -12% 10.3% -24.1%
2011 31.4% 5.6% 3.1% -1.3% -9.9% -26.7% -1.5% -19.8% -14.7% 10.9% 7.2% 5% -21.6%
2012 20.8% 12.5% -5.3% -18.6% -11.4% 8.1% -1.6% 0% -3.7% -9.2% 9.9% 6.2% 0.8%
2013 19.2% 10.9% 19.1% -5.6% 24% 22.7% -7.6% 2.5% 28.7% 1.2% 19.3% 3.1% 243.1%
2014 5.9% 5% -2.2% 10.4% 9.5% 15.3% -7.3% 6.7% 5.1% -3.4% 8.6% -2.6% 61%
2015 -16.4% 4.8% -11.5% 3.7% -0.7% -32.6% -1.8% -11.4% -8.7% 10.6% -3.8% -11.1% -59.6%
2016 -22.1% -3.6% -1.5% 2.7% 18.3% 8.2% -0.2% 20% 7.8% -3.5% 13.8% 12.2% 54.8%
2017 10% -2.8% 23.3% -4.3% 11.2% -3% -5.8% 13.7% 23% 12.7% -4.3% -3% 87.6%
2018 6.3% 11.6% 6.8% -11.8% 25.3% -8.9% 0.7% -0.5% -13.9% -16.6% 2.2% -17.7% -22.8%
2019 20.5% 7% 1.1% 1.8% -22.5% 18.3% 16.3% 0.9% -5.4% 11% -0.1% 13.2% 69.5%
2020 -1.3% -1% -20% 13.9% 0% 7.5% -2.8% -9.1% 3.2% 7.2% 27.3% 17.3% 39.8%
2021 4.1% 16.9% -3.6% -2.4% -2.2% 1% -8.7% -5% -3.6% -2.7% 21.6% 11% 24.2%
2022 -11.7% 8% -12.4% -12.3% 8.3% -25.1% 12.1% -8.6% -11.4% 8.2% 6.6% -13.1% -45.9%
2023 20.7% -4.1% 4.4% 6.9% 6% -7.5% 13.3% -2% -2.7% -1.5% 13.8% 12.3% 71.9%
2024 0.5% 5.7% 30.2% -4.2% 10.7% 5.2% -16.4% -12.4% 7.8% -3.8% -1.7% 4.2% 19.9%
Pos 65% 62.5% 55% 51.3% 65% 52.5% 43.9% 44.7% 46.3% 46.3% 48.8% 61% 61%
Avg 8.7% 6% 2.9% 1.5% 4.1% -0.1% 1.3% 1.1% -1.6% -1.4% 2.6% 3.6% 33.4%

Other Return Metrics

Metric Micron Technology, Inc.
Cumulative Return 7416.76%
Enh Ann Return 29.16%
Best Year 300.01%
Worst Year -68.81%
Best Month 97.25%
Worst Month -51.56%
Best Day 23.73%
Worst Day -25.24%
Win Ratio (Yearly) 60.98%
Win Ratio (Quarterly) 57.06%
Win Ratio (Monthly) 53.51%
Win Ratio (Daily) 50.05%

Annual Volatility

Annual Volatility 1y Annual Volatility 3y Annual Volatility 5y Annual Volatility 10y Annual Volatility 20y Annual Volatility
Micron Technology, Inc. 48.93 44.8 46.41 46.31 50.64 60.15

Sharpe Ratio

Sharpe Ratio 1y Sharpe Ratio 3y Sharpe Ratio 5y Sharpe Ratio 10y Sharpe Ratio 20y Sharpe Ratio
Micron Technology, Inc. 0.8 0.37 0.54 0.47 0.47 0.48

3-Year Rolling Sharpe Ratio

The rolling Sharpe Ratio gives a clue about the continued consistency or stability of the risk-adjusted returns.

Drawdown Periods

Simply said, a drawdown is the "pain" period experienced by an investor between a peak (new highs) and subsequent valley (a low point before moving higher). In the table below are the fifth largest drawdowns encountered for the portfolio/asset in question.

Micron Technology, Inc.

Start Valley End Days Drawdown
2000-07-17 2008-11-20 2022-01-04 7841 -98.25%
1984-09-18 1986-12-08 1993-07-08 3215 -91.33%
1995-09-12 1996-07-23 2000-02-29 1631 -81.66%
2022-01-18 2022-09-26 2024-03-07 779 -49.63%
2024-06-20 2024-09-09 - 174 -43.73%

The Micron Technology, Inc. took approximately 91 months on average to recover from a major drawdown. The longest drawdown lasted 261 months.

Underwater plot

The underwater plot shows you the drawdown periods on a chart. Whereas the performance chart usually gives you a positive viewpoint, the underwater plot gives you a pessimistic viewpoint. It helps you to visualize downtrends that occurred and how long it took for the portfolio's value to rebound to hit a new high after suffering a loss.

Other Risk Metrics

Metric Micron Technology, Inc.
Sharpe Ratio 0.48
Sortino Ratio 0.71
Adjusted Sortino (S/√2) 0.5
Calmar Ratio 0.11
Omega Ratio 1.09
Gain to Pain Ratio 0.09
Ulcer Index 0.68
Kelly Criterion 4.03%
Skew 0.14
Kurtosis 3.52
End of: