As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Miller will likely underperform.
The median price of Miller for the period between Sun, May 19, 2013 and Tue, Jun 18, 2013 is 15.89 with a coefficient of variation of 2.34. The daily time series for the period is distributed with a sample standard deviation of 0.37, arithmetic mean of 15.89, and mean deviation of 0.31. The Stock received substential amount of media coverage during this period.
Miller Industries Inc [MLR] is traded on New York Stock Exchange in USA. It is located in Ooltewah, TN and employs 750 people. The company currently falls under 'Small-Cap' category with total capitalization of 174.21 M. Miller Industries Inc runs under Consumer Goods sector within Auto Parts industry. This company has 11.23 M outstanding shares of which 418.09 K shares are now shorted by investors with about 15.3 days to cover shorted positions.
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