Correlation
The correlation between 0992.HK and MU is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
0992.HK vs. MU
Compare and contrast key facts about Lenovo Group (0992.HK) and Micron Technology, Inc. (MU).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: 0992.HK or MU.
Performance
0992.HK vs. MU - Performance Comparison
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Key characteristics
0992.HK:
-0.43
MU:
-0.22
0992.HK:
0.04
MU:
0.06
0992.HK:
1.01
MU:
1.01
0992.HK:
-0.26
MU:
-0.28
0992.HK:
-0.56
MU:
-0.44
0992.HK:
20.45%
MU:
36.20%
0992.HK:
51.78%
MU:
63.44%
0992.HK:
-89.26%
MU:
-98.25%
0992.HK:
-33.46%
MU:
-19.08%
Fundamentals
0992.HK:
HK$112.26B
MU:
$138.13B
0992.HK:
HK$0.11
MU:
$4.18
0992.HK:
10.90
MU:
29.57
0992.HK:
0.76
MU:
0.17
0992.HK:
1.63
MU:
4.35
0992.HK:
2.36
MU:
2.80
0992.HK:
HK$33.30B
MU:
$24.51B
0992.HK:
HK$5.36B
MU:
$9.05B
0992.HK:
HK$751.70M
MU:
$9.71B
Returns By Period
In the year-to-date period, 0992.HK achieves a -10.22% return, which is significantly lower than MU's 47.05% return. Over the past 10 years, 0992.HK has underperformed MU with an annualized return of 2.50%, while MU has yielded a comparatively higher 17.84% annualized return.
0992.HK
-10.22%
-4.74%
-4.44%
-21.26%
11.77%
21.73%
2.50%
MU
47.05%
32.38%
37.51%
-11.01%
30.40%
19.99%
17.84%
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Risk-Adjusted Performance
0992.HK vs. MU — Risk-Adjusted Performance Rank
0992.HK
MU
0992.HK vs. MU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lenovo Group (0992.HK) and Micron Technology, Inc. (MU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
0992.HK vs. MU - Dividend Comparison
0992.HK's dividend yield for the trailing twelve months is around 4.25%, more than MU's 0.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0992.HK Lenovo Group | 4.25% | 3.82% | 3.48% | 5.93% | 3.57% | 3.84% | 5.37% | 5.01% | 6.01% | 5.64% | 3.37% | 2.35% |
MU Micron Technology, Inc. | 0.37% | 0.55% | 0.54% | 0.89% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
0992.HK vs. MU - Drawdown Comparison
The maximum 0992.HK drawdown since its inception was -89.26%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for 0992.HK and MU.
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Volatility
0992.HK vs. MU - Volatility Comparison
The current volatility for Lenovo Group (0992.HK) is 7.73%, while Micron Technology, Inc. (MU) has a volatility of 9.04%. This indicates that 0992.HK experiences smaller price fluctuations and is considered to be less risky than MU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
0992.HK vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Lenovo Group and Micron Technology, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities