Miller Opportunity Trust Fund Price on April 17, 2023
| LGOAX Fund | USD 32.35 0.61 1.92% |
Below is the normalized historical share price chart for Miller Opportunity Trust extending back to February 04, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Miller Opportunity stands at 32.35, as last reported on the 5th of May, with the highest price reaching 32.35 and the lowest price hitting 32.35 during the day.
If you're considering investing in Miller Mutual Fund, it is important to understand the factors that can impact its price. We consider Miller Opportunity somewhat reliable. Miller Opportunity Trust has Sharpe Ratio of 0.11, which conveys that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Miller Opportunity, which you can use to evaluate the volatility of the fund. Please verify Miller Opportunity's Downside Deviation of 1.21, mean deviation of 0.9505, and Risk Adjusted Performance of 0.0736 to check out if the risk estimate we provide is consistent with the expected return of 0.13%.
Miller Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Miller |
Sharpe Ratio = 0.1115
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Estimated Market Risk
| 1.16 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Miller Opportunity is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Miller Opportunity by adding it to a well-diversified portfolio.
Miller Opportunity Valuation on April 17, 2023
It is possible to determine the worth of Miller Opportunity on a given historical date. On April 17, 2023 Miller was worth 23.73 at the beginning of the trading date compared to the closed value of 23.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Miller Opportunity mutual fund. Still, in general, we apply an absolute valuation method to find Miller Opportunity's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Miller Opportunity where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Miller Opportunity's related companies.
| Open | High | Low | Close | Volume | |
| 23.55 | 23.55 | 23.55 | 23.55 | 1.00 | |
04/17/2023 | 23.73 | 23.73 | 23.73 | 23.73 | 1.00 |
| 23.79 | 23.79 | 23.79 | 23.79 | 1.00 |
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Miller Opportunity Trading Date Momentum on April 17, 2023
| On April 18 2023 Miller Opportunity Trust was traded for 23.79 at the closing time. The highest daily price throughout the period was 23.79 and the lowest price was 23.79 . There was no trading activity during the period 1.0. Lack of trading volume on 04/18/2023 added to the next day price jump. The trading delta at closing time to closing price of the next trading day was 0.25% . The trading delta at closing time to current closing price is 2.40% . |
Miller Opportunity Trust Fundamentals Correlations and Trends
By evaluating Miller Opportunity's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Miller Opportunity's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Miller financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Miller Opportunity Mutual Fund history
Miller Opportunity investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Miller is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Miller Opportunity Trust will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Miller Opportunity stock prices may prove useful in developing a viable investing in Miller Opportunity
The fund normally makes investments that, in the portfolio managers opinion, offer the opportunity for long-term growth of capital. The portfolio managers exercise a flexible strategy in the selection of investments, not limited by investment style or asset class. It may invest without limit in the common stock of U.S. and foreign issuers of all sizes and in other U.S. and foreign securities. The fund may also borrow money for investment purposes, in amounts up to 10 percent of the funds net assets measured as of the time of the borrowing, which is a practice known as leveraging. It is non-diversified.
Miller Opportunity Mutual Fund Technical Analysis
Miller Opportunity technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Miller Opportunity Period Price Range
Low | April 17, 2023
| High |
23.73 | 23.73 |
Miller Opportunity May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Miller Opportunity mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Miller Opportunity shares will generate the highest return on investment. By undertsting and applying Miller Opportunity mutual fund market strength indicators, traders can identify Miller Opportunity Trust entry and exit signals to maximize returns
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 23.73 | |||
| Day Typical Price | 23.73 | |||
| Period Momentum Indicator | 8.62 | |||
| Relative Strength Index | 52.91 |
Miller Opportunity Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Miller Opportunity's price direction in advance. Along with the technical and fundamental analysis of Miller Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Miller to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0736 | |||
| Jensen Alpha | 0.01 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0403 | |||
| Treynor Ratio | 0.0758 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miller Opportunity Trust. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Miller Opportunity Trust information on this page should be used as a complementary analysis to other Miller Opportunity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.