CRDO vs. MU
Compare and contrast key facts about Credo Technology Group Holding Ltd (CRDO) and Micron Technology, Inc. (MU).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CRDO or MU.
Correlation
The correlation between CRDO and MU is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CRDO vs. MU - Performance Comparison
Key characteristics
CRDO:
1.95
MU:
-0.45
CRDO:
2.58
MU:
-0.30
CRDO:
1.36
MU:
0.96
CRDO:
3.24
MU:
-0.50
CRDO:
8.01
MU:
-0.84
CRDO:
24.70%
MU:
34.44%
CRDO:
101.84%
MU:
63.28%
CRDO:
-62.04%
MU:
-98.25%
CRDO:
-39.89%
MU:
-44.25%
Fundamentals
CRDO:
$8.27B
MU:
$90.21B
CRDO:
$0.03
MU:
$4.18
CRDO:
1.62K
MU:
19.31
CRDO:
25.05
MU:
2.87
CRDO:
13.26
MU:
1.85
CRDO:
$266.75M
MU:
$31.32B
CRDO:
$168.72M
MU:
$10.88B
CRDO:
$12.63M
MU:
$12.53B
Returns By Period
In the year-to-date period, CRDO achieves a -23.54% return, which is significantly lower than MU's 1.31% return.
CRDO
-23.54%
45.58%
9.29%
196.88%
N/A
N/A
MU
1.31%
29.92%
-24.72%
-28.31%
12.58%
12.15%
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Risk-Adjusted Performance
CRDO vs. MU — Risk-Adjusted Performance Rank
CRDO
MU
CRDO vs. MU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Credo Technology Group Holding Ltd (CRDO) 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.
Dividends
CRDO vs. MU - Dividend Comparison
CRDO has not paid dividends to shareholders, while MU's dividend yield for the trailing twelve months is around 0.54%.
TTM | 2024 | 2023 | 2022 | 2021 | |
---|---|---|---|---|---|
CRDO Credo Technology Group Holding Ltd | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MU Micron Technology, Inc. | 0.54% | 0.55% | 0.54% | 0.89% | 0.21% |
Drawdowns
CRDO vs. MU - Drawdown Comparison
The maximum CRDO drawdown since its inception was -62.04%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for CRDO and MU. For additional features, visit the drawdowns tool.
Volatility
CRDO vs. MU - Volatility Comparison
Credo Technology Group Holding Ltd (CRDO) has a higher volatility of 29.11% compared to Micron Technology, Inc. (MU) at 23.37%. This indicates that CRDO's price experiences larger fluctuations and is considered to be riskier than MU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CRDO vs. MU - Financials Comparison
This section allows you to compare key financial metrics between Credo Technology Group Holding Ltd 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
CRDO vs. MU - Profitability Comparison
CRDO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Credo Technology Group Holding Ltd reported a gross profit of 85.93M and revenue of 135.00M. Therefore, the gross margin over that period was 63.7%.
MU - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Micron Technology, Inc. reported a gross profit of 2.96B and revenue of 8.05B. Therefore, the gross margin over that period was 36.8%.
CRDO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Credo Technology Group Holding Ltd reported an operating income of 26.19M and revenue of 135.00M, resulting in an operating margin of 19.4%.
MU - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Micron Technology, Inc. reported an operating income of 1.77B and revenue of 8.05B, resulting in an operating margin of 22.0%.
CRDO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Credo Technology Group Holding Ltd reported a net income of 29.36M and revenue of 135.00M, resulting in a net margin of 21.8%.
MU - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Micron Technology, Inc. reported a net income of 1.58B and revenue of 8.05B, resulting in a net margin of 19.7%.