Millerhoward High Income Fund Current Valuation
| HIEDelisted Fund | USD 12.56 0.04 0.32% |
Valuation analysis of Millerhoward High Income helps investors to measure Miller/howard High's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Miller/howard High's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Millerhoward High Income secures a last-minute Real Value of $11.53 per share. The latest price of the fund is $12.56. We determine the value of Millerhoward High Income from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend purchasing undervalued funds and exiting overvalued funds since, at some point, fund prices and their ongoing real values will merge together.
The fair value of the Miller/howard fund is determined by what a typical buyer is willing to pay for full or partial control of Millerhoward High Income. Since Miller/howard High is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Miller/howard Fund. However, Miller/howard High's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 12.56 | Real 11.53 | Hype 12.56 |
The real value of Miller/howard Fund, also known as its intrinsic value, is the underlying worth of Millerhoward High Income Fund, which is reflected in its stock price. It is based on Miller/howard High's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Miller/howard High's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Millerhoward High Income helps investors to forecast how Miller/howard fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Miller/howard High more accurately as focusing exclusively on Miller/howard High's fundamentals will not take into account other important factors: Millerhoward High Income Fund Current Valuation Analysis
Miller/howard High's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Millerhoward High Income has a Current Valuation of 0.0. This indicator is about the same for the Financial Services average (which is currently at 0.0) family and about the same as Asset Management (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
Miller/howard Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Miller/howard High's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Miller/howard High could also be used in its relative valuation, which is a method of valuing Miller/howard High by comparing valuation metrics of similar companies.Millerhoward High is currently under evaluation in current valuation among similar funds.
Miller/howard Fundamentals
| Shares Outstanding | 18.69 M | |||
| Shares Owned By Insiders | 0.02 % | |||
| Shares Owned By Institutions | 51.91 % | |||
| Number Of Shares Shorted | 22.52 K | |||
| Price To Earning | 8.78 X | |||
| Short Ratio | 0.48 X | |||
| Earnings Per Share | 1.16 X | |||
| Number Of Employees | 10 | |||
| Beta | 1.6 | |||
| Market Capitalization | 101.3 M | |||
| Annual Yield | 0.01 % | |||
| Year To Date Return | 18.34 % | |||
| One Year Return | 23.21 % | |||
| Three Year Return | 9.35 % | |||
| Five Year Return | 10.21 % | |||
| Last Dividend Paid | 0.61 |
About Miller/howard High Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Millerhoward High Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Miller/howard High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Millerhoward High Income based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Millerhoward High Income. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Miller/howard Fund
If you are still planning to invest in Millerhoward High Income check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Miller/howard High's history and understand the potential risks before investing.
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