Miller Intermediate Financials
| MIFAX Fund | USD 27.32 0.26 0.96% |
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 Intermediate Fund Summary
Miller Intermediate competes with Janus Global, Biotechnology Ultrasector, Firsthand Technology, Invesco Technology, and Allianzgi Technology. The investment seeks to maximize total return comprising current income and capital appreciation, consistent with preservation of capital the fund also seeks to realize a total return that outperforms the Bloomberg Barclays U.S. Aggregate Bond Index over full market cycles. Under normal conditions, the fund invests at least 80 percent of its assets in a portfolio of bonds with a dollar-weighted average maturity of between three and ten years.| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Miller Investment Trust |
| Mutual Fund Family | Miller Investment |
| Mutual Fund Category | Corporate Bond |
| Benchmark | Dow Jones Industrial |
| Phone | 877 441 4434 |
| Currency | USD - US Dollar |
Miller Intermediate Key Financial Ratios
Miller Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Miller Intermediate's current stock value. Our valuation model uses many indicators to compare Miller Intermediate value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Miller Intermediate competition to find correlations between indicators driving Miller Intermediate's intrinsic value. More Info.Miller Intermediate 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 6.13 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 Intermediate's earnings, one of the primary drivers of an investment's value.Miller Intermediate Bond Systematic Risk
Miller Intermediate's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Miller Intermediate 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 three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Miller Intermediate Bond correlated with the market. If Beta is less than 0 Miller Intermediate generally moves in the opposite direction as compared to the market. If Miller Intermediate Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Miller Intermediate Bond is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Miller Intermediate is generally in the same direction as the market. If Beta > 1 Miller Intermediate moves generally in the same direction as, but more than the movement of the benchmark.
Miller Intermediate November 24, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Miller Intermediate help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Miller Intermediate Bond. We use our internally-developed statistical techniques to arrive at the intrinsic value of Miller Intermediate 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 Intermediate's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3793 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 2.33 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.6002 |
Other Information on Investing in Miller Mutual Fund
Miller Intermediate 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 Intermediate security.
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