Miller Opportunity Financial Statements From 2010 to 2024
LMOFX Fund | USD 40.75 0.33 0.80% |
Check Miller Opportunity financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Miller Opportunity's main balance sheet or income statement drivers, such as , as well as many indicators such as . Miller financial statements analysis is a perfect complement when working with Miller Opportunity Valuation or Volatility modules.
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Miller Opportunity Trust Mutual Fund Price To Book Analysis
Miller Opportunity's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Miller Opportunity Price To Book | 1.03 X |
Most of Miller Opportunity's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Miller Opportunity Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, Miller Opportunity Trust has a Price To Book of 1.03 times. This is much higher than that of the Miller Value Funds family and significantly higher than that of the Mid-Cap Blend category. The price to book for all United States funds is notably lower than that of the firm.
Miller Opportunity Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Miller Opportunity's current stock value. Our valuation model uses many indicators to compare Miller Opportunity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Miller Opportunity competition to find correlations between indicators driving Miller Opportunity's intrinsic value. More Info.Miller Opportunity Trust is rated third overall fund in price to earning among similar funds. It also is rated third overall fund in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Miller Opportunity Trust is roughly 8.26 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Miller Opportunity's earnings, one of the primary drivers of an investment's value.About Miller Opportunity Financial Statements
Miller Opportunity investors use historical fundamental indicators, such as Miller Opportunity's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Miller Opportunity. Please read more on our technical analysis and fundamental analysis pages.
The fund normally makes investments that, in the portfolio managers opinion, offer the opportunity for long-term growth of capital. The portfolio managers exercise a flexible strategy in the selection of investments, not limited by investment style or asset class. It may invest without limit in the common stock of U.S. and foreign issuers of all sizes and in other U.S. and foreign securities. The fund may also borrow money for investment purposes, in amounts up to 10 percent of the funds net assets measured as of the time of the borrowing, which is a practice known as leveraging. It is non-diversified.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Miller Mutual Fund
Miller Opportunity financial ratios help investors to determine whether Miller Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Miller with respect to the benefits of owning Miller Opportunity security.
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