Miller Market Neutral Fund Price on October 9, 2024
| MMNIX Fund | 10.68 0.01 0.09% |
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 Market stands at 10.68, as last reported on the 30th of November, with the highest price reaching 10.68 and the lowest price hitting 10.68 during the day. At this stage we consider Miller Mutual Fund to be very steady. Miller Market Neutral has Sharpe Ratio of 0.46, which conveys that the entity had a 0.46% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Miller Market, which you can use to evaluate the volatility of the fund. Please verify Miller Market's Mean Deviation of 0.074, risk adjusted performance of 0.2922, and Coefficient Of Variation of 208.19 to check out if the risk estimate we provide is consistent with the expected return of 0.0422%.
Miller Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Miller |
Sharpe Ratio = 0.4616
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Based on monthly moving average Miller Market is performing at about 36% 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 Market by adding it to a well-diversified portfolio.
Miller Market Valuation on October 9, 2024
It is possible to determine the worth of Miller Market on a given historical date. On October 9, 2024 Miller was worth 10.55 at the beginning of the trading date compared to the closed value of 10.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Miller Market mutual fund. Still, in general, we apply an absolute valuation method to find Miller Market'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 Market where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Miller Market's related companies.
| Open | High | Low | Close | Volume | |
| 10.55 | 10.55 | 10.55 | 10.55 | 1.00 | |
10/09/2024 | 10.55 | 10.55 | 10.55 | 10.55 | 1.00 |
| 10.56 | 10.56 | 10.56 | 10.56 | 1.00 |
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Miller Market Trading Date Momentum on October 9, 2024
| On October 10 2024 Miller Market Neutral was traded for 10.56 at the closing time. The highest daily price throughout the period was 10.56 and the lowest price was 10.56 . There was no trading activity during the period 1.0. Lack of trading volume on 10/10/2024 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.09% . The trading delta at closing time to current closing price is 0.28% . |
About Miller Market Mutual Fund history
Miller Market 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 Market Neutral 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 Market stock prices may prove useful in developing a viable investing in Miller Market
The funds advisor seeks to achieve maximum current income while remaining market neutral by achieving a low correlation to the fluctuations of the U.S. stock market. Its primary investment vehicle are convertible bonds. Secondarily, the fund may invest in, but is not limited to, government bonds, corporate bonds, preferred securities, and equities.
Miller Market Mutual Fund Technical Analysis
Miller Market 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 Market Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
Miller Market Neutral 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 Market November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Miller Market 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 Market shares will generate the highest return on investment. By undertsting and applying Miller Market mutual fund market strength indicators, traders can identify Miller Market Neutral entry and exit signals to maximize returns
Miller Market Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Miller Market'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 | 0.2922 | |||
| Jensen Alpha | 0.0356 | |||
| Total Risk Alpha | 0.0182 | |||
| Sortino Ratio | (0.93) | |||
| Treynor Ratio | (1.76) |
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Other Information on Investing in Miller Mutual Fund
Miller Market 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 Market security.
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