Miller Opportunity Trust Fund Price on March 12, 2024
| LMNOX Fund | USD 44.35 0.35 0.80% |
Below is the normalized historical share price chart for Miller Opportunity Trust extending back to February 12, 2004. 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 Opportunity stands at 44.35, as last reported on the 30th of November, with the highest price reaching 44.35 and the lowest price hitting 44.35 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 Opportunity appears to be very steady, given 3 months investment horizon. Miller Opportunity Trust has Sharpe Ratio of 0.26, which conveys that the entity had a 0.26% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Miller Opportunity, which you can use to evaluate the volatility of the fund. Please exercise Miller Opportunity's Risk Adjusted Performance of 0.1737, downside deviation of 1.28, and Mean Deviation of 0.863 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 = 0.2646
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Miller Opportunity is performing at about 20% 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 Opportunity by adding it to a well-diversified portfolio.
Miller Opportunity Valuation on March 12, 2024
It is possible to determine the worth of Miller Opportunity on a given historical date. On March 12, 2024 Miller was worth 35.77 at the beginning of the trading date compared to the closed value of 35.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Miller Opportunity mutual fund. Still, in general, we apply an absolute valuation method to find Miller Opportunity'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 Opportunity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Miller Opportunity's related companies.
| Open | High | Low | Close | Volume | |
| 35.60 | 35.60 | 35.60 | 35.60 | 1.00 | |
03/12/2024 | 35.77 | 35.77 | 35.77 | 35.77 | 1.00 |
| 35.90 | 35.90 | 35.90 | 35.90 | 1.00 |
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Miller Opportunity Trading Date Momentum on March 12, 2024
| On March 13 2024 Miller Opportunity Trust was traded for 35.90 at the closing time. The highest daily price throughout the period was 35.90 and the lowest price was 35.90 . There was no trading activity during the period 1.0. Lack of trading volume on 03/13/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.36% . The trading delta at closing time to current closing price is 3.19% . |
Miller Opportunity Trust Fundamentals Correlations and Trends
By evaluating Miller Opportunity'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 Opportunity'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 Opportunity Mutual Fund history
Miller Opportunity 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 Opportunity Trust 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 Opportunity stock prices may prove useful in developing a viable investing in Miller Opportunity
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.
Miller Opportunity Mutual Fund Technical Analysis
Miller Opportunity 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 Opportunity Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Miller Opportunity Trust cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Miller Opportunity November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Miller Opportunity 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 Opportunity shares will generate the highest return on investment. By undertsting and applying Miller Opportunity mutual fund market strength indicators, traders can identify Miller Opportunity Trust entry and exit signals to maximize returns
Miller Opportunity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Miller Opportunity'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 | 0.1737 | |||
| Jensen Alpha | 0.0862 | |||
| Total Risk Alpha | 0.0549 | |||
| Sortino Ratio | 0.0952 | |||
| Treynor Ratio | 0.1951 |
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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.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
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