Millerhoward High Income Valuation
| HIEDelisted Fund | USD 12.56 0.04 0.32% |
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.
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 | Naive 12.59 |
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: Miller/howard High Total Value Analysis
Millerhoward High Income is currently forecasted to have company total value of 101.3 M with market capitalization of 101.3 M, debt of , and cash on hands of . Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Miller/howard High fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
101.3 M | 101.3 M |
Miller/howard High Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The latest return on assets of Miller/howard indicates not a very effective usage of assets in November.Miller/howard High Ownership Allocation
Millerhoward High Income maintains a total of 18.69 Million outstanding shares. Over half of Miller/howard High's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company has, if the real value of the fund is less than the current market value, you may not be able to make money on it.Miller/howard High Past Distributions to stockholders
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Miller/howard High's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Miller/howard High and how it compares across the competition.
About Miller/howard High Valuation
The delisted fund valuation mechanism determines Miller/howard High's current worth on a weekly basis. Our valuation model uses a comparative analysis of Miller/howard High. We calculate exposure to Miller/howard High's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Miller/howard High's related companies.MillerHoward High Income Equity Fund is a closed ended equity mutual fund launched and managed by Miller Howard Investments, Inc. MillerHoward High Income Equity Fund was formed on November 24, 2014 and is domiciled in the United States. MillerHoward High operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
A single share of Miller/howard High represents a small ownership stake in the entity. As a stockholder of Miller/howard, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.
Miller/howard High Dividends Analysis For Valuation
Please note that Miller/howard High has scaled down on payment of dividends at this time.
There are various types of dividends Miller/howard High can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Miller/howard shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Millerhoward High Income directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Miller/howard pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Miller/howard High by the value of the dividends paid out.
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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
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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