Miller Income Fund Technical Analysis
| LMCKX Fund | USD 7.60 0.13 1.74% |
As of the 24th of April, Miller Income secures the Downside Deviation of 1.16, mean deviation of 0.8829, and Risk Adjusted Performance of 0.1114. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Miller Me Fund, as well as the relationship between them. Strictly speaking, you can use this information to find out if the fund will indeed mirror its model of past prices, or the prices will eventually revert. We were able to collect data for nineteen technical drivers for Miller Income, which can be compared to its peers in the industry. Please verify Miller Me Fund coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Miller Income Fund is priced some-what accurately, providing market reflects its recent price of 7.6 per share.
Miller Income Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Miller, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MillerMiller |
Miller Income 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.
Miller Me Fund Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Miller Me Fund volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Miller Me Fund Trend Analysis
Use this graph to draw trend lines for Miller Income Fund. You can use it to identify possible trend reversals for Miller Income as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Miller Income price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Miller Income Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Miller Income Fund applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Miller Income Fund will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.01, which is the sum of squared deviations for the predicted Miller Income price change compared to its average price change.About Miller Income Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Miller Income Fund on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Miller Income Fund based on its technical analysis. In general, a bottom-up approach, as applied to this mutual fund, focuses on Miller Me Fund price pattern first instead of the macroeconomic environment surrounding Miller Me Fund. By analyzing Miller Income's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Miller Income's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Miller Income specific price patterns or momentum indicators. Please read more on our technical analysis page.
Miller Income April 24, 2024 Technical Indicators
Most technical analysis of Miller help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Miller from various momentum indicators to cycle indicators. When you analyze Miller charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1114 | |||
| Market Risk Adjusted Performance | 0.1665 | |||
| Mean Deviation | 0.8829 | |||
| Semi Deviation | 0.9363 | |||
| Downside Deviation | 1.16 | |||
| Coefficient Of Variation | 575.28 | |||
| Standard Deviation | 1.09 | |||
| Variance | 1.18 | |||
| Information Ratio | 0.0918 | |||
| Jensen Alpha | 0.0884 | |||
| Total Risk Alpha | 0.0391 | |||
| Sortino Ratio | 0.0863 | |||
| Treynor Ratio | 0.1565 | |||
| Maximum Drawdown | 4.95 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 1.69 | |||
| Downside Variance | 1.34 | |||
| Semi Variance | 0.8766 | |||
| Expected Short fall | (0.95) | |||
| Skewness | (0.22) | |||
| Kurtosis | (0.29) |
Miller Income April 24, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Miller stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.02 | ||
| Day Median Price | 7.60 | ||
| Day Typical Price | 7.60 | ||
| Price Action Indicator | 0.06 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Miller Income Fund. 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 industry. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.