William II - Miller Industries CEO President
| MLR Stock | USD 73.62 1.10 1.47% |
CEO
William II is CEO President of Miller Industries
| Age | 45 |
| Address | 8503 Hilltop Drive, Ooltewah, TN, United States, 37363 |
| Phone | 423 238 4171 |
| Web | https://www.millerind.com |
Miller Industries Management Efficiency
The company has Return on Asset of 0.0861 % which means that on every $100 spent on assets, it made $0.0861 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1915 %, implying that it generated $0.1915 on every 100 dollars invested. Miller Industries' management efficiency ratios could be used to measure how well Miller Industries manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Miller Industries' Return On Tangible Assets are relatively stable compared to the past year. As of 12/01/2024, Return On Assets is likely to grow to 0.09, while Return On Capital Employed is likely to drop 0.15. At this time, Miller Industries' Fixed Asset Turnover is relatively stable compared to the past year. As of 12/01/2024, Return On Assets is likely to grow to 0.09, while Other Assets are likely to drop slightly above 605.3 K.Similar Executives
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Management Performance
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0861 |
Miller Industries Leadership Team
Elected by the shareholders, the Miller Industries' board of directors comprises two types of representatives: Miller Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Miller. The board's role is to monitor Miller Industries' management team and ensure that shareholders' interests are well served. Miller Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Miller Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Leigh Walton, Independent Director | ||
| William II, CEO President | ||
| Jeffrey Badgley, Co-Chief Executive Officer | ||
| Josias Reyneke, Chief Information Officer | ||
| William Miller, President, Co-Chief Executive Officer, Director | ||
| Richard Roberts, Independent Director | ||
| Theodore Ashford, Independent Director | ||
| Frank Madonia, Executive Vice President, Secretary, General Counsel | ||
| A Chandler, Independent Director | ||
| Vincent Tiano, VP Officer | ||
| Jamison Linden, VP Officer | ||
| Deborah Whitmire, Chief Financial Officer, Executive Vice President, Treasurer, Director |
Miller Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Miller Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0861 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 867.16 M | ||||
| Shares Outstanding | 11.45 M | ||||
| Shares Owned By Insiders | 4.32 % | ||||
| Shares Owned By Institutions | 86.14 % | ||||
| Number Of Shares Shorted | 530.62 K | ||||
| Price To Earning | 10.55 X |
Pair Trading with Miller Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Miller Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Miller Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Miller Stock
Moving against Miller Stock
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| 0.58 | ZEO | Zeo Energy Corp Symbol Change | PairCorr |
| 0.36 | FBYD | Falcons Beyond Global, | PairCorr |
The ability to find closely correlated positions to Miller Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Miller Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Miller Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Miller Industries to buy it.
The correlation of Miller Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Miller Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Miller Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Miller Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Miller Stock Analysis
When running Miller Industries' price analysis, check to measure Miller Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Miller Industries is operating at the current time. Most of Miller Industries' value examination focuses on studying past and present price action to predict the probability of Miller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miller Industries' price. Additionally, you may evaluate how the addition of Miller Industries to your portfolios can decrease your overall portfolio volatility.