Miller Industries Stock Price on January 4, 2025
| MLR Stock | USD 66.87 1.05 1.60% |
If you're considering investing in Miller Stock, it is important to understand the factors that can impact its price. As of today, the current price of Miller Industries stands at 66.87, as last reported on the 6th of January, with the highest price reaching 66.98 and the lowest price hitting 65.89 during the day. Currently, Miller Industries is very steady. Miller Industries has Sharpe Ratio of 0.0596, which conveys that the firm had a 0.0596% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Miller Industries, which you can use to evaluate the volatility of the firm. Please verify Miller Industries' Mean Deviation of 1.59, risk adjusted performance of 0.0551, and Downside Deviation of 2.63 to check out if the risk estimate we provide is consistent with the expected return of 0.15%.
Miller Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Miller |
Sharpe Ratio = 0.0596
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Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Miller Industries is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Miller Industries by adding it to a well-diversified portfolio.
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Miller Industries Valuation on January 4, 2025
It is possible to determine the worth of Miller Industries on a given historical date. On January 4, 2025 Miller was worth 65.89 at the beginning of the trading date compared to the closed value of 66.87. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Miller Industries stock. Still, in general, we apply an absolute valuation method to find Miller Industries' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Miller Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Miller Industries' related companies.
| Open | High | Low | Close | Volume | |
| 66.36 | 66.69 | 65.40 | 65.82 | 76,130 | |
01/03/2025 | 65.89 | 66.98 | 65.89 | 66.87 | 50,132 |
| 65.89 | 66.98 | 65.89 | 66.87 | 0.00 |
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Miller Industries Trading Date Momentum on January 4, 2025
| On January 06 2025 Miller Industries was traded for 66.87 at the closing time. Highest Miller Industries's price during the trading hours was 66.98 and the lowest price during the day was 65.89 . There was no trading activity during the period 0.0. Lack of trading volume on the 6th of January did not cause price change. The trading delta at closing time to current price is 1.47% . |
Miller Industries Fundamentals Correlations and Trends
By evaluating Miller Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Miller Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Miller financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Miller Industries Stock history
Miller Industries investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Miller is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Miller Industries will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Miller Industries stock prices may prove useful in developing a viable investing in Miller Industries
Miller Industries, Inc., together with its subsidiaries, manufactures and sells towing and recovery equipment. The company was incorporated in 1990 and is based in Ooltewah, Tennessee. Miller Industries operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 1421 people.
Miller Industries Stock Technical Analysis
Miller Industries technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Miller Industries Period Price Range
Low | January 6, 2025
| High |
0.00 | 0.00 |
Miller Industries cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Miller Industries January 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Miller Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Miller Industries shares will generate the highest return on investment. By undertsting and applying Miller Industries stock market strength indicators, traders can identify Miller Industries entry and exit signals to maximize returns
Miller Industries Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Miller Industries' price direction in advance. Along with the technical and fundamental analysis of Miller Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Miller to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0551 | |||
| Jensen Alpha | 0.1333 | |||
| Total Risk Alpha | 0.1006 | |||
| Sortino Ratio | 0.048 | |||
| Treynor Ratio | 0.3233 |
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Additional Tools for Miller Stock Analysis
When running Miller Industries' price analysis, check to measure Miller Industries' 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 Industries is operating at the current time. Most of Miller Industries' value examination focuses on studying past and present price action to predict the probability of Miller Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Miller Industries' price. Additionally, you may evaluate how the addition of Miller Industries to your portfolios can decrease your overall portfolio volatility.