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 0.51, 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:
3.94
MU:
0.52
CRDO:
4.31
MU:
1.07
CRDO:
1.55
MU:
1.13
CRDO:
9.77
MU:
0.61
CRDO:
25.78
MU:
1.08
CRDO:
12.68%
MU:
25.41%
CRDO:
83.02%
MU:
53.30%
CRDO:
-62.04%
MU:
-98.25%
CRDO:
0.00%
MU:
-30.86%
Fundamentals
CRDO:
$13.38B
MU:
$117.82B
CRDO:
-$0.14
MU:
$3.49
CRDO:
$245.59M
MU:
$29.09B
CRDO:
$151.92M
MU:
$9.00B
CRDO:
-$24.53M
MU:
$12.99B
Returns By Period
In the year-to-date period, CRDO achieves a 19.06% return, which is significantly lower than MU's 25.65% return.
CRDO
19.06%
20.40%
171.25%
316.99%
N/A
N/A
MU
25.65%
1.91%
-7.22%
25.21%
13.45%
13.84%
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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 0.43%.
| 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. | 0.43% | 0.55% | 0.67% | 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
The current volatility for Credo Technology Group Holding Ltd (CRDO) is 20.45%, while Micron Technology, Inc. (MU) has a volatility of 24.31%. This indicates that CRDO 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.
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