Miller Intermediate Bond Fund Price on November 1, 2024
| MIFCX Fund | USD 27.54 0.11 0.40% |
If you're considering investing in Miller Mutual Fund, it is important to understand the factors that can impact its price. As of today, the current price of Miller Intermediate stands at 27.54, as last reported on the 27th of November, with the highest price reaching 27.54 and the lowest price hitting 27.54 during the day. At this stage we consider Miller Mutual Fund to be very steady. Miller Intermediate Bond has Sharpe Ratio of 0.14, which conveys that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Miller Intermediate, which you can use to evaluate the volatility of the fund. Please verify Miller Intermediate's Mean Deviation of 0.3162, downside deviation of 0.3693, and Risk Adjusted Performance of 0.0981 to check out if the risk estimate we provide is consistent with the expected return of 0.0592%.
Miller Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Miller |
Sharpe Ratio = 0.1419
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | MIFCX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.42 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Miller Intermediate is performing at about 11% 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 Intermediate by adding it to a well-diversified portfolio.
Miller Intermediate Valuation on November 1, 2024
It is possible to determine the worth of Miller Intermediate on a given historical date. On November 1, 2024 Miller was worth 26.62 at the beginning of the trading date compared to the closed value of 26.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Miller Intermediate mutual fund. Still, in general, we apply an absolute valuation method to find Miller Intermediate'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 Intermediate where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Miller Intermediate's related companies.
| Open | High | Low | Close | Volume | |
| 26.76 | 26.76 | 26.76 | 26.76 | 1.00 | |
11/01/2024 | 26.62 | 26.62 | 26.62 | 26.62 | 1.00 |
| 26.66 | 26.66 | 26.66 | 26.66 | 1.00 |
| Backtest Miller Intermediate | | | Miller Intermediate History | | | Miller Intermediate Valuation | Previous | Next |
Miller Intermediate Trading Date Momentum on November 1, 2024
| On November 04 2024 Miller Intermediate Bond was traded for 26.66 at the closing time. The highest daily price throughout the period was 26.66 and the lowest price was 26.66 . There was no trading activity during the period 1.0. Lack of trading volume on 11/04/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.15% . The trading delta at closing time to current closing price is 1.31% . |
Miller Intermediate Bond Fundamentals Correlations and Trends
By evaluating Miller Intermediate'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 Intermediate'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 Intermediate Mutual Fund history
Miller Intermediate 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 Intermediate 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 Intermediate stock prices may prove useful in developing a viable investing in Miller Intermediate
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.
Miller Intermediate Mutual Fund Technical Analysis
Miller Intermediate 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 Intermediate Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Miller Intermediate 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 Intermediate November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Miller Intermediate 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 Intermediate shares will generate the highest return on investment. By undertsting and applying Miller Intermediate mutual fund market strength indicators, traders can identify Miller Intermediate Bond entry and exit signals to maximize returns
Miller Intermediate Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Miller Intermediate'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 | 0.0981 | |||
| Jensen Alpha | 0.0442 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.20) | |||
| Treynor Ratio | 1.99 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio |