The fund secures Beta (Market Risk) of 0.3883 which conveys that as returns on market increase, Miller Opportunity returns are expected to increase less than the market. However during bear market, the loss on holding Miller Opportunity will be expected to be smaller as well. Although it is vital to follow to Miller Opportunity price patterns, it is good to be conservative about what you can actually do with the information regarding equity historical price patterns. The philosophy towards estimating future performance of any fund is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. We have found twenty-one technical indicators for Miller Opportunity which you can use to evaluate performance of the organization.
|Horizon||30 Days Login to change|
Miller Opportunity Relative Risk vs. Return LandscapeIf you would invest 2,098 in Miller Opportunity A on January 20, 2019 and sell it today you would earn a total of 498.00 from holding Miller Opportunity A or generate 23.74% return on investment over 30 days. Miller Opportunity A is currently producing 0.5691% returns and takes up 2.1181% volatility of returns over 30 trading days. Put another way, 19% of traded equities are less volatile than the company and 90% of traded equity instruments are likely to generate higher returns over the next 30 trading days.
Daily Expected Return (%)
Miller Opportunity Current Valuation
Miller Opportunity is not too volatile asset. Miller Opportunity secures last-minute Real Value of $28.56 per share. The latest price of the fund is $25.96. At this time the organization appears to be undervalued. We determine the value of Miller Opportunity from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend to purchase undervalued stocks and to get rid of overvalued stocks since at some point entities prices and their ongoing real values will merge together.
Miller Opportunity Market Risk Analysis
Sharpe Ratio = 0.2687
Miller Opportunity Relative Performance Indicators
Estimated Market Risk
Risk-Adjusted Fund PerformanceCompared to the overall equity markets, risk-adjusted returns on investments in Miller Opportunity A are ranked lower than 17 (%) of all funds and portfolios of funds over the last 30 days.
|Fifty Two Week Low||20.48|
|Fifty Two Week High||30.07|
|Annual Report Expense Ratio||1.34%|