Miller Income Fund Price on July 16, 8024
| LCMNX Fund | USD 9.25 0.08 0.86% |
Below is the normalized historical share price chart for Miller Income Fund extending back to March 03, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Miller Income stands at 9.25, as last reported on the 11th of December 2024, with the highest price reaching 9.25 and the lowest price hitting 9.25 during the day.
If you're considering investing in Miller Mutual Fund, it is important to understand the factors that can impact its price. Miller Income appears to be not too volatile, given 3 months investment horizon. Miller Income has Sharpe Ratio of 0.24, which conveys that the entity had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Miller Income, which you can use to evaluate the volatility of the fund. Please exercise Miller Income's Mean Deviation of 0.826, risk adjusted performance of 0.1695, and Downside Deviation of 0.6921 to check out if our risk estimates are consistent with your expectations.
Miller Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Miller |
Sharpe Ratio = 0.2379
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Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 18 82% of assets perform better |
Based on monthly moving average Miller Income is performing at about 18% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Miller Income by adding it to a well-diversified portfolio.
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.
About Miller Income Mutual Fund history
Miller Income investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Miller is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Miller Income will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Miller Income stock prices may prove useful in developing a viable investing in Miller Income
Under normal market conditions, the fund will invest without limit primarily in cash distributing equity, and equity-like securities, fixed income securities, derivatives, and other financial instruments of issuers located anywhere in the world. It can invest without limit in foreign securities in any country, including countries with developing or emerging markets. The fund is non-diversified.
Miller Income Mutual Fund Technical Analysis
Miller Income technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Miller Income Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Miller Income December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Miller Income mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Miller Income shares will generate the highest return on investment. By undertsting and applying Miller Income mutual fund market strength indicators, traders can identify Miller Income Fund entry and exit signals to maximize returns
Miller Income Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Miller Income's price direction in advance. Along with the technical and fundamental analysis of Miller Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Miller to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1695 | |||
| Jensen Alpha | 0.2408 | |||
| Total Risk Alpha | 0.0709 | |||
| Sortino Ratio | 0.1974 | |||
| Treynor Ratio | 2.81 |
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Other Information on Investing in Miller Mutual Fund
Miller Income 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 Income security.
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