Miller Market Valuation

MMNIX Fund   10.68  0.01  0.09%   
Miller Market Neutral secures a last-minute Real Value of USD9.8 per share. The latest price of the fund is USD10.68. Our model forecasts the value of Miller Market Neutral from analyzing the fund technical indicators and probability of bankruptcy. In general, investors 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.
Overvalued
Today
10.68
Please note that Miller Market's price fluctuation is very steady at this time. Miller Market Neutral secures a last-minute Real Value of USD9.8 per share. The latest price of the fund is USD10.68. Our model forecasts the value of Miller Market Neutral from analyzing the fund technical indicators and probability of bankruptcy. In general, investors 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 Market is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Miller Mutual Fund. However, Miller Market'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  10.68 Real  9.8 Hype  10.68 Naive  10.69
The intrinsic value of Miller Market'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 Market'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.
9.80
Real Value
11.75
Upside
Estimating the potential upside or downside of Miller Market Neutral 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 Market more accurately as focusing exclusively on Miller Market's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
10.6310.6610.69
Details
Hype
Prediction
LowEstimatedHigh
10.5910.6810.77
Details
Naive
Forecast
LowNext ValueHigh
10.5910.6910.78
Details

About Miller Market Valuation

Our relative valuation model uses a comparative analysis of Miller Market. We calculate exposure to Miller Market's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Miller Market's related companies.
The funds advisor seeks to achieve maximum current income while remaining market neutral by achieving a low correlation to the fluctuations of the U.S. stock market. Its primary investment vehicle are convertible bonds. Secondarily, the fund may invest in, but is not limited to, government bonds, corporate bonds, preferred securities, and equities.

Other Information on Investing in Miller Mutual Fund

Miller Market 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 Market security.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges