Miller Opportunity Trust Fund Fundamentals
| LGOAX Fund | USD 32.43 0.15 0.46% |
Miller Opportunity Trust fundamentals help investors to digest information that contributes to Miller Opportunity's financial success or failures. It also enables traders to predict the movement of Miller Mutual Fund. The fundamental analysis module provides a way to measure Miller Opportunity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Miller Opportunity mutual fund.
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Miller Opportunity Trust Mutual Fund Price To Book Analysis
Miller Opportunity's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
Current Miller Opportunity Price To Book | 1.03 X |
Most of Miller Opportunity's fundamental indicators, such as Price To Book, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Miller Opportunity Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
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Based on the latest financial disclosure, Miller Opportunity Trust has a Price To Book of 1.03 times. This is much higher than that of the Miller Value Funds family and significantly higher than that of the Mid-Cap Blend category. The price to book for all United States funds is notably lower than that of the firm.
Miller Opportunity Trust Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Miller Opportunity's current stock value. Our valuation model uses many indicators to compare Miller Opportunity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Miller Opportunity competition to find correlations between indicators driving Miller Opportunity's intrinsic value. More Info.Miller Opportunity Trust is number one fund in price to earning among similar funds. It is number one fund in price to book among similar funds fabricating about 0.12 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Miller Opportunity Trust is roughly 8.26 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Miller Opportunity by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Miller Opportunity's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Miller Opportunity's earnings, one of the primary drivers of an investment's value.Miller Price To Book Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Miller Opportunity's direct or indirect competition against its Price To Book to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Miller Opportunity could also be used in its relative valuation, which is a method of valuing Miller Opportunity by comparing valuation metrics of similar companies.Miller Opportunity is currently under evaluation in price to book among similar funds.
Fund Asset Allocation for Miller Opportunity
The fund invests 99.77% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.Asset allocation divides Miller Opportunity's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Miller Fundamentals
| Price To Earning | 8.51 X | ||||
| Price To Book | 1.03 X | ||||
| Price To Sales | 0.78 X | ||||
| Total Asset | 531.46 M | ||||
| Year To Date Return | 5.86 % | ||||
| One Year Return | 36.71 % | ||||
| Three Year Return | (7.66) % | ||||
| Five Year Return | 7.74 % | ||||
| Ten Year Return | 9.01 % | ||||
| Net Asset | 1.17 B | ||||
| Last Dividend Paid | 0.17 | ||||
| Equity Positions Weight | 99.77 % |
About Miller Opportunity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Miller Opportunity Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Miller Opportunity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Miller Opportunity Trust based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.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.
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Try AI Portfolio ArchitectCheck 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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.