Miller Convertible Financials
| MCIFX Fund | USD 12.93 0.01 0.08% |
Miller |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Miller Convertible Fund Summary
Miller Convertible competes with Transamerica Financial, Rmb Mendon, Fidelity Advisor, Financial Industries, and Putnam Global. The fund invests at least 80 percent of its assets in convertible bonds. The managers define convertible bonds as including synthetic convertible bonds and other securities that the advisor identifies as having characteristics similar to convertible bonds.Specialization | Convertibles, Large Growth |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US60055P2011 |
| Business Address | Miller Investment Trust |
| Mutual Fund Family | Miller Investment |
| Mutual Fund Category | Convertibles |
| Benchmark | Dow Jones Industrial |
| Phone | 877 441 4434 |
| Currency | USD - US Dollar |
Miller Convertible Key Financial Ratios
Miller Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Miller Convertible's current stock value. Our valuation model uses many indicators to compare Miller Convertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Miller Convertible competition to find correlations between indicators driving Miller Convertible's intrinsic value. More Info.Miller Vertible Bond is number one fund in annual yield among similar funds. It also is number one fund in year to date return among similar funds creating about 43.53 of Year To Date Return per Annual Yield. 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 Convertible's earnings, one of the primary drivers of an investment's value.Miller Vertible Bond Systematic Risk
Miller Convertible's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Miller Convertible volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Miller Vertible Bond correlated with the market. If Beta is less than 0 Miller Convertible generally moves in the opposite direction as compared to the market. If Miller Convertible Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Miller Vertible Bond is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Miller Convertible is generally in the same direction as the market. If Beta > 1 Miller Convertible moves generally in the same direction as, but more than the movement of the benchmark.
Miller Convertible February 2, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Miller Convertible help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Miller Vertible Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Miller Vertible Bond based on widely used predictive technical indicators. In general, we focus on analyzing Miller Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Miller Convertible's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4412 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 2.25 | |||
| Value At Risk | (0.62) | |||
| Potential Upside | 0.5456 |
Other Information on Investing in Miller Mutual Fund
Miller Convertible 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 Convertible security.
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