Miller Income Valuation

LMCKX Fund  USD 9.31  0.21  2.31%   
At this time, the fund appears to be undervalued. Miller Income secures a last-minute Real Value of $9.91 per share. The latest price of the fund is $9.31. 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.
Undervalued
Today
9.31
Please note that Miller Income's price fluctuation is not too volatile at this time. At this time, the fund appears to be undervalued. Miller Income secures a last-minute Real Value of $9.91 per share. The latest price of the fund is $9.31. 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  9.31 Real  9.91 Hype  9.31 Naive  9.17
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.
9.91
Real Value
11.09
Upside
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:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.049.249.44
Details
Hype
Prediction
LowEstimatedHigh
8.139.3110.49
Details
Naive
Forecast
LowNext ValueHigh
7.999.1710.34
Details

Miller Income Total Value Analysis

Miller Income Fund is now forecasted to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the Miller Income fundamentals before making investing decisions based on enterprise value of the company

Miller Income Asset Utilization

The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Miller suggests not a very effective usage of assets in November.

About Miller Income Valuation

Our relative valuation model uses a comparative analysis of Miller Income. We calculate exposure to Miller Income's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Miller Income's related companies.
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.

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.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine