Miller Vertible Bond Fund Price on April 1, 2023
| MCFCX Fund | USD 12.95 0.03 0.23% |
Below is the normalized historical share price chart for Miller Vertible Bond extending back to December 11, 2009. 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 Vertible stands at 12.95, as last reported on the 12th of December 2024, with the highest price reaching 12.95 and the lowest price hitting 12.95 during the day.
If you're considering investing in Miller Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Miller Mutual Fund to be very steady. Miller Vertible Bond has Sharpe Ratio of 0.1, which conveys that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Miller Vertible, which you can use to evaluate the volatility of the fund. Please verify Miller Vertible's Mean Deviation of 0.2258, downside deviation of 0.2621, and Risk Adjusted Performance of 0.096 to check out if the risk estimate we provide is consistent with the expected return of 0.0301%.
Miller Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Miller |
Sharpe Ratio = 0.1025
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| Negative Returns | MCFCX |
Estimated Market Risk
| 0.29 actual daily | 2 98% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average Miller Vertible is performing at about 8% 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 Vertible by adding it to a well-diversified portfolio.
Miller Vertible Valuation on April 1, 2023
It is possible to determine the worth of Miller Vertible on a given historical date. On April 1, 2023 Miller was worth 11.61 at the beginning of the trading date compared to the closed value of 11.61. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Miller Vertible mutual fund. Still, in general, we apply an absolute valuation method to find Miller Vertible'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 Vertible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Miller Vertible's related companies.
| Open | High | Low | Close | Volume | |
| 11.54 | 11.54 | 11.54 | 11.54 | 1.00 | |
03/31/2023 | 11.61 | 11.61 | 11.61 | 11.61 | 1.00 |
| 11.63 | 11.63 | 11.63 | 11.63 | 1.00 |
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Miller Vertible Trading Date Momentum on April 1, 2023
| On April 03 2023 Miller Vertible Bond was traded for 11.63 at the closing time. The highest daily price throughout the period was 11.63 and the lowest price was 11.63 . There was no trading activity during the period 1.0. Lack of trading volume on 04/03/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.17% . The trading delta at closing time to current closing price is 0.26% . |
Miller Vertible Bond Fundamentals Correlations and Trends
By evaluating Miller Vertible'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 Vertible'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 Vertible Mutual Fund history
Miller Vertible 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 Vertible Bond 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 Vertible stock prices may prove useful in developing a viable investing in Miller Vertible
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.
Miller Vertible Mutual Fund Technical Analysis
Miller Vertible 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 Vertible Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
Miller Vertible Bond 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 Vertible December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how Miller Vertible 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 Vertible shares will generate the highest return on investment. By undertsting and applying Miller Vertible mutual fund market strength indicators, traders can identify Miller Vertible Bond entry and exit signals to maximize returns
Miller Vertible Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Miller Vertible'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 | 0.096 | |||
| Jensen Alpha | (0) | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.30) | |||
| Treynor Ratio | 0.1064 |
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Other Information on Investing in Miller Mutual Fund
Miller Vertible 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 Vertible security.
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