Miller Income Fund Manager Performance Evaluation
| LMCLX Fund | USD 9.30 0.07 0.76% |
The fund secures a Beta (Market Risk) of 0.83, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Miller Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Miller Income is expected to be smaller as well.
Risk-Adjusted Performance
Fair
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Miller Income Fund are ranked lower than 10 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak essential indicators, Miller Income may actually be approaching a critical reversion point that can send shares even higher in March 2026.
...more| Expense Ratio Date | 31st of January 2023 | |
| Expense Ratio | 0.9700 |
Miller |
Miller Income Relative Risk vs. Return Landscape
If you would invest 869.00 in Miller Income Fund on November 2, 2025 and sell it today you would earn a total of 61.00 from holding Miller Income Fund or generate 7.02% return on investment over 90 days. Miller Income Fund is currently producing 0.1147% returns and takes up 0.8317% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Miller, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Miller Income Current Valuation
Fairly Valued
Today
Please note that Miller Income's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Miller Income secures a last-minute Real Value of $9.19 per share. The latest price of the fund is $9.3. We determine the value of Miller Income from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Miller Income is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Miller Mutual Fund. However, Miller Income'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 9.3 | Real 9.19 | Hype 9.39 | Naive 9.31 |
The intrinsic value of Miller Income'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, news, and other external factors that may influence Miller Income's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Miller Income Fund helps investors to forecast how Miller mutual 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 Income more accurately as focusing exclusively on Miller Income's fundamentals will not take into account other important factors: Miller Income Target Price Odds to finish over Current Price
The tendency of Miller Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 9.30 | 90 days | 9.30 | about 10.87 |
Based on a normal probability distribution, the odds of Miller Income to move above the current price in 90 days from now is about 10.87 (This Miller Income Fund probability density function shows the probability of Miller Mutual Fund to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Miller Income has a beta of 0.83. This indicates as returns on the market go up, Miller Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Miller Income Fund will be expected to be much smaller as well. Additionally Miller Income Fund has an alpha of 0.0367, implying that it can generate a 0.0367 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Miller Income Price Density |
| Price |
Predictive Modules for Miller Income
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Miller Income. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Miller Income Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Miller Income is not an exception. The market had few large corrections towards the Miller Income's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Miller Income Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Miller Income within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.04 | |
β | Beta against Dow Jones | 0.83 | |
σ | Overall volatility | 0.30 | |
Ir | Information ratio | 0.03 |
Miller Income Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Miller Income for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Miller Income can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Gov. Evers State budget surplus allows for both school funding, property tax relief - wpr.org | |
| The fund maintains about 45.22% of its assets in bonds |
Miller Income Fundamentals Growth
Miller Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Miller Income, and Miller Income fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Miller Mutual Fund performance.
| Price To Earning | 10.17 X | ||||
| Price To Book | 1.00 X | ||||
| Price To Sales | 1.45 X | ||||
| Total Asset | 51.7 M | ||||
About Miller Income Performance
Evaluating Miller Income's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Miller Income has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Miller Income has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Under normal market conditions, the fund will invest without limit primarily in cash distributing equity, and equity-like securities, fixed income securities, derivatives, and other financial instruments of issuers located anywhere in the world. It can invest without limit in foreign securities in any country, including countries with developing or emerging markets. The fund is non-diversified.Things to note about Miller Income performance evaluation
Checking the ongoing alerts about Miller Income for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Miller Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Gov. Evers State budget surplus allows for both school funding, property tax relief - wpr.org | |
| The fund maintains about 45.22% of its assets in bonds |
- Analyzing Miller Income's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Miller Income's stock is overvalued or undervalued compared to its peers.
- Examining Miller Income's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Miller Income's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Miller Income's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Miller Income's mutual fund. These opinions can provide insight into Miller Income's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Miller Mutual Fund
Miller Income 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 Income security.
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