Miller Opportunity Trust Fund Probability of Future Mutual Fund Price Finishing Over 29.29

LGOAX Fund  USD 33.63  0.56  1.69%   
Miller Opportunity's future price is the expected price of Miller Opportunity instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Miller Opportunity Trust performance during a given time horizon utilizing its historical volatility. Check out Miller Opportunity Backtesting, Portfolio Optimization, Miller Opportunity Correlation, Miller Opportunity Hype Analysis, Miller Opportunity Volatility, Miller Opportunity History as well as Miller Opportunity Performance.
  
Please specify Miller Opportunity's target price for which you would like Miller Opportunity odds to be computed.

Miller Opportunity Target Price Odds to finish over 29.29

The tendency of Miller Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 29.29  in 90 days
 33.63 90 days 29.29 
about 89.25
Based on a normal probability distribution, the odds of Miller Opportunity to stay above $ 29.29  in 90 days from now is about 89.25 (This Miller Opportunity Trust probability density function shows the probability of Miller Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Miller Opportunity Trust price to stay between $ 29.29  and its current price of $33.63 at the end of the 90-day period is about 87.97 .
Assuming the 90 days horizon the mutual fund has the beta coefficient of 1.67 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Miller Opportunity will likely underperform. Additionally Miller Opportunity Trust has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Miller Opportunity Price Density   
       Price  

Predictive Modules for Miller Opportunity

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Miller Opportunity Trust. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Miller Opportunity's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
32.4733.6334.79
Details
Intrinsic
Valuation
LowRealHigh
31.8633.0234.18
Details
Naive
Forecast
LowNextHigh
32.8734.0235.18
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
32.8833.3433.80
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Miller Opportunity. Your research has to be compared to or analyzed against Miller Opportunity's peers to derive any actionable benefits. When done correctly, Miller Opportunity's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Miller Opportunity Trust.

Miller Opportunity Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Miller Opportunity is not an exception. The market had few large corrections towards the Miller Opportunity's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Miller Opportunity Trust, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Miller Opportunity within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.03
β
Beta against NYSE Composite1.67
σ
Overall volatility
1.25
Ir
Information ratio 0.05

Miller Opportunity Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Miller Opportunity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Miller Opportunity Trust can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The fund generated three year return of -6.0%
Miller Opportunity Trust maintains 99.77% of its assets in stocks

Miller Opportunity Technical Analysis

Miller Opportunity's future price can be derived by breaking down and analyzing its technical indicators over time. Miller Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Miller Opportunity Trust. In general, you should focus on analyzing Miller Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.

Miller Opportunity Predictive Forecast Models

Miller Opportunity's time-series forecasting models is one of many Miller Opportunity's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Miller Opportunity's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.

Things to note about Miller Opportunity Trust

Checking the ongoing alerts about Miller Opportunity for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Miller Opportunity Trust help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The fund generated three year return of -6.0%
Miller Opportunity Trust maintains 99.77% of its assets in stocks
Check out Miller Opportunity Backtesting, Portfolio Optimization, Miller Opportunity Correlation, Miller Opportunity Hype Analysis, Miller Opportunity Volatility, Miller Opportunity History as well as Miller Opportunity Performance.
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Miller Opportunity's price analysis, check to measure Miller Opportunity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Miller Opportunity is operating at the current time. Most of Miller Opportunity's value examination focuses on studying past and present price action to predict the probability of Miller Opportunity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miller Opportunity's price. Additionally, you may evaluate how the addition of Miller Opportunity to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Miller Opportunity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Miller Opportunity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Miller Opportunity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.