Micron Technology, Inc. (MU) — Stock Correlations & Overview
Over the past year, MU has moved most closely with MULL, MUU, AIS. Explore the stocks most correlated and inversely correlated with MU below, along with its price, financials, and company profile.
Stocks correlated with MU
Correlation of daily returns. Higher positive values move with MU; negative values move opposite it. Informational only, not investment advice.
Most correlated with MU
| Symbol | Company | Correlation |
|---|---|---|
| MULL | GraniteShares 2x Long MU Daily ETF | 1.00 |
| MUU | Direxion Shares ETF Trust Direxion Daily MU Bull 2X ETF | 1.00 |
| AIS | VistaShares Artificial Intelligence Supercycle ETF | 0.84 |
| IGPT | Invesco AI and Next Gen Software ETF | 0.84 |
| FTXL | First Trust Nasdaq Semiconductor ETF | 0.83 |
Most inversely correlated with MU
| Symbol | Company | Correlation |
|---|---|---|
| MUD | Direxion Shares ETF Trust Direxion Daily MU Bear 1X ETF | -0.99 |
| SOXS | Direxion Daily Semiconductor Bear 3X ETF | -0.81 |
| TSXD | Direxion Daily Semiconductors Top 5 Bear 2X ETF | -0.80 |
| SSG | ProShares UltraShort Semiconductors | -0.74 |
| REW | Proshares UltraShort Technology | -0.74 |
Frequently asked questions about MU correlations
- Which stocks are most correlated with MU?
- Based on one year of daily returns, the stocks most correlated with Micron Technology, Inc. (MU) are MULL (1.00), MUU (1.00) and AIS (0.84). A correlation near 1.00 means the two stocks' daily moves have tracked each other closely over the period.
- Which stocks are inversely correlated with MU?
- Over the past year, the stocks most inversely correlated with Micron Technology, Inc. (MU) are MUD (-0.99), SOXS (-0.81) and TSXD (-0.80). A negative correlation means the two stocks have tended to move in opposite directions.
- What does a correlation of 0.8 mean for a stock?
- Correlation measures how closely two stocks' daily returns move together, on a scale from -1 to 1. At 0.8, the two stocks have moved in the same direction on most days — though not by identical amounts. A value near 0 means their moves have been unrelated, and a negative value means they have tended to move in opposite directions. Correlation reflects past behavior and can change over time.
- How are these MU correlations calculated?
- We compute the correlation of daily returns between MU and roughly 9,000 other US-listed stocks and ETFs over the trailing one-year window, then rank the strongest positive and negative relationships. The data is refreshed monthly. It is informational and educational only — not investment advice.
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