Herman Story

<div class='circular--portrait' style='background:#FF6600;color: #FFFAFA;font-size:4em;'>HM</div>
MLHR -- USA Stock  

USD 36.78  0.21  0.57%

It seems Herman Miller will continue to recover much faster as its share price surged up 4.06% today. Herman Miller's current daily volatility is 3.22 percent, with a beta of -0.19 and an alpha of 0.1 over DOW. As many of us are excited about elevated trading volume, it is fair to sum up Herman Miller. We will look into some reasons why it is still possible for Herman Miller to maintain above-average margins while minimizing volatility.
Published over three months ago
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Is Herman Miller (NASDAQ:MLHR) stock way too aggressive for baby boomers?
Herman Miller currently holds roughly 461 M in cash with 221.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.83. Our trade recommendations module complements current analysts and expert consensus on Herman Miller. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time.
Investing in Herman Miller, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Herman Miller along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Herman Miller's stock 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. Please use the tools below to analyze the current value of Herman Miller in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Herman Miller. Your research has to be compared to or analyzed against Herman Miller's peers to derive any actionable benefits. When done correctly, Herman Miller's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Herman Miller.

How important is Herman Miller's Liquidity

Herman Miller financial leverage refers to using borrowed capital as a funding source to finance Herman Miller ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Herman Miller financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Herman Miller's total debt and its cash.

How Herman utilizes its cash?

To perform a cash flow analysis of Herman Miller, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Herman Miller is receiving and how much cash it distributes out in a given period. The Herman Miller cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Herman Miller Net Cash Flow from Operations is relatively stable at the moment as compared to the past year. Herman Miller reported last year Net Cash Flow from Operations of 90.1 Million

Herman Miller Correlation with Peers

Investors in Herman can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Herman Miller. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Herman Miller and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Herman is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Herman for more details

Breaking down Herman Miller Indicators

We consider Herman Miller not too volatile. Herman Miller holds Efficiency (Sharpe) Ratio of 0.0467, which attests that the entity had 0.0467% of return per unit of risk over the last month. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Herman Miller, which you can use to evaluate future volatility of the firm. Please check out Herman Miller Market Risk Adjusted Performance of (0.41), risk adjusted performance of 0.037, and Downside Deviation of 3.56 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Our take on today Herman Miller spike

Latest potential upside is at 4.83. Herman Miller shows above-average downside volatility for the selected time horizon. We advise investors to inspect Herman Miller further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Herman Miller future alpha.

The Current Takeaway on Herman Miller Investment

While few other entities under the furnishings, fixtures & appliances industry are still a bit expensive, Herman Miller may offer a potential longer-term growth to retail investors. The inconsistency in the assessment between current Herman valuation and our trade advice on Herman Miller is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Herman Miller.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Herman Miller. Please refer to our Terms of Use for any information regarding our disclosure principles.

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