Miller Income Fund Price on October 23, 2024
| LMCLX Fund | USD 9.22 0.12 1.28% |
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 9.22, as last reported on the 27th of November, with the highest price reaching 9.22 and the lowest price hitting 9.22 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 0.19, which conveys that the entity had a 0.19% 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 Downside Deviation of 0.7552, mean deviation of 0.8734, and Risk Adjusted Performance of 0.1424 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 = 0.1851
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Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Miller Income is performing at about 14% 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.
Miller Income Valuation on October 23, 2024
It is possible to determine the worth of Miller Income on a given historical date. On October 23, 2024 Miller was worth 8.34 at the beginning of the trading date compared to the closed value of 8.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Miller Income mutual fund. Still, in general, we apply an absolute valuation method to find Miller Income's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Miller Income where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Miller Income's related companies.
| Open | High | Low | Close | Volume | |
| 8.36 | 8.36 | 8.36 | 8.36 | 1.00 | |
10/23/2024 | 8.34 | 8.34 | 8.34 | 8.34 | 1.00 |
| 8.39 | 8.39 | 8.39 | 8.39 | 1.00 |
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Miller Income Trading Date Momentum on October 23, 2024
| On October 24 2024 Miller Income Fund was traded for 8.39 at the closing time. The highest daily price throughout the period was 8.39 and the lowest price was 8.39 . There was no trading activity during the period 1.0. Lack of trading volume on 10/24/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.60% . The trading delta at closing time to current closing price is 0.96% . |
Miller Income Fundamentals Correlations and Trends
By evaluating Miller Income's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Miller Income's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Miller financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 | November 27, 2024
| High |
0.00 | 0.00 |
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Miller Income November 27, 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 | 0.1424 | |||
| Jensen Alpha | 0.0682 | |||
| Total Risk Alpha | 0.0185 | |||
| Sortino Ratio | 0.1113 | |||
| Treynor Ratio | 0.1807 |
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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.
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |