Insider Trading
| MLR Stock | USD 68.61 0.50 0.73% |
Slightly above 51% of Miller Industries' investor base is interested to short. The analysis of overall sentiment of trading Miller Industries stock suggests that many investors are impartial at this time. Miller Industries' investing sentiment overview a quick insight into current market opportunities from investing in Miller Industries. Many technical investors use Miller Industries stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Miller |
Filed transaction by Miller Industries Director . Insider Public Trading
Read at macroaxis.com
Miller Industries Fundamental Analysis
We analyze Miller Industries' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Miller Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Miller Industries based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Current Valuation
Current Valuation Comparative Analysis
Miller Industries is currently under evaluation in current valuation category among its peers. 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.
Miller Industries Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Miller Industries stock to make a market-neutral strategy. Peer analysis of Miller Industries could also be used in its relative valuation, which is a method of valuing Miller Industries by comparing valuation metrics with similar companies.
Peers
Miller Industries Related Equities
| GNTX | Gentex | 1.40 | ||||
| ALV | Autoliv | 1.26 | ||||
| ADNT | Adient PLC | 1.11 | ||||
| DORM | Dorman Products | 0.55 | ||||
| DAN | Dana | 0.42 | ||||
| PLOW | Douglas Dynamics | 0.65 | ||||
| CPS | Cooper Stnd | 0.88 | ||||
| SMP | Standard | 1.05 | ||||
| FOXF | Fox Factory | 1.83 | ||||
| MPAA | Motorcar Parts | 3.11 | ||||
| MNRO | Monro Muffler | 3.50 | ||||
| SRI | Stoneridge | 5.38 |
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.