Performance of MTE Micron Technology | 91.8% in 12m
Compare MTE with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?
Compare Micron Technology with its related Sector/Index SMH
Performance Duell MTE vs SMH
| TimeFrame | MTE | SMH |
|---|---|---|
| 1 Day | 1.15% | -2.91% |
| 1 Week | 3.73% | -0.09% |
| 1 Month | -5.53% | -8.81% |
| 3 Months | 37.2% | 10.81% |
| 6 Months | 64.9% | 46.83% |
| 12 Months | 91.8% | 67.86% |
| YTD | 41.3% | 23.01% |
| Rel. Perf. 1m | 0.24 | |
| Rel. Perf. 3m | 1.39 | |
| Rel. Perf. 6m | 0.84 | |
| Rel. Perf. 12m | 0.94 |
Is Micron Technology a good stock to buy?
Probably not. Based on ValueRay Fundamental Analyses, Micron Technology (XETRA:MTE) is currently (May 2024)
not a good stock to buy. It has a ValueRay Fundamental Rating of -34.28 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MTE as of May 2024 is 117.64. This means that MTE is currently overvalued and has a potential downside of 9.62% (Sold with Premium).
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of MTE as of May 2024 is 117.64. This means that MTE is currently overvalued and has a potential downside of 9.62% (Sold with Premium).
Is MTE a buy, sell or hold?
Micron Technology has no consensus analysts rating. ValueRay therefore judges the recommendation based on the last 12 Month Returns of 91.77%.
In compare to VanEck Semiconductor, MTE made 23.91% more over the last 12 months. Due to the outperformance, it is recommend to buy MTE.
In compare to VanEck Semiconductor, MTE made 23.91% more over the last 12 months. Due to the outperformance, it is recommend to buy MTE.
Values above 0%: MTE is performing better - Values below 0%: MTE is underperforming
Compare MTE with Broad Market Indices
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| US S&P 500 | SPY | 4.73% | -1.35% | 45.64% | 69.61% |
| US NASDAQ 100 | QQQ | 4.90% | -0.26% | 46.33% | 60.07% |
| US Dow Jones Industrial 30 | DIA | 5.17% | -1.42% | 49.91% | 78.29% |
| German DAX 40 | DBXD | 4.61% | -3.53% | 44.86% | 78.31% |
| UK FTSE 100 | ISFU | 2.24% | -7.42% | 49.14% | 83.09% |
| Shanghai Shenzhen CSI 300 | CSI 300 | 0.90% | -6.10% | 63.46% | 104.43% |
| Hongkong Hang Seng | HSI | -0.33% | -8.60% | 66.42% | 111.02% |
| Japan Nikkei 225 | EXX7 | 4.49% | 0.49% | 50.10% | 72.81% |
| India NIFTY 50 | INDA | 2.96% | -7.32% | 44.11% | 64.07% |
| Brasil Bovespa | EWZ | 3.21% | -3.39% | 59.67% | 73.90% |
MTE Micron Technology vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | 6.53% | -1.02% | 44.59% | 59.34% |
| Consumer Discretionary | XLY | 3.54% | -1.15% | 51.08% | 71.64% |
| Consumer Staples | XLP | 4.93% | -4.57% | 52.54% | 92.14% |
| Energy | XLE | 8.05% | -2.29% | 54.66% | 78.65% |
| Financial | XLF | 5.58% | -1.88% | 39.87% | 67.59% |
| Health Care | XLV | 3.93% | -1.51% | 51.31% | 85.31% |
| Industrial | XLI | 4.44% | -2.51% | 40.97% | 69.18% |
| Materials | XLB | 2.88% | -1.67% | 46.56% | 78.84% |
| Real Estate | XLRE | 4.90% | 1.24% | 54.13% | 91.50% |
| Technology | XLK | 5.63% | 1.46% | 48.22% | 62.01% |
| Utilities | XLU | 2.58% | -8.99% | 51.06% | 90.71% |
| Aerospace & Defense | XAR | 2.07% | -3.93% | 46.58% | 71.85% |
| Biotech | XBI | -0.31% | 1.42% | 35.66% | 85.34% |
| Homebuilder | XHB | 4.16% | 1.69% | 25.94% | 45.82% |
| Retail | XRT | 5.44% | 3.62% | 42.28% | 73.38% |
Does Micron Technology outperform its market, is MTE a Sector Leader?
Yes, over the last 12 months Micron Technology (MTE) made 91.77%, while its related Sector, the VanEck Semiconductor (SMH) made 67.86%.
Over the last 3 months MTE made 37.24%, while SMH made 10.81%.
Yes, over the last 12 months Micron Technology (MTE) made 91.77%, while its related Sector, the VanEck Semiconductor (SMH) made 67.86%.
Over the last 3 months MTE made 37.24%, while SMH made 10.81%.
| Period | MTE | SMH | S&P 500 |
|---|---|---|---|
| 1 Month | -5.53% | -8.81% | -4.18% |
| 3 Months | 37.24% | 10.81% | 2.60% |
| 12 Months | 91.77% | 67.86% | 22.16% |