Millerhoward High Income Fund Manager Performance Evaluation
| XHIEX Fund | USD 12.64 0.00 0.00% |
The fund secures a Beta (Market Risk) of 0.0721, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Millerhoward High's returns are expected to increase less than the market. However, during the bear market, the loss of holding Millerhoward High is expected to be smaller as well.
Risk-Adjusted Performance
7 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Millerhoward High Income are ranked lower than 7 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong technical and fundamental indicators, Millerhoward High is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more1 | HIE Term CEF Coming Upon Its Maturity Date But Still At A Discount - Seeking Alpha | 10/23/2024 |
| Expense Ratio | 2.3900 |
Millerhoward |
Millerhoward High Relative Risk vs. Return Landscape
If you would invest 1,238 in Millerhoward High Income on October 10, 2024 and sell it today you would earn a total of 26.00 from holding Millerhoward High Income or generate 2.1% return on investment over 90 days. Millerhoward High Income is currently producing 0.0347% returns and takes up 0.3636% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Millerhoward, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Millerhoward High Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Millerhoward High's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Millerhoward High Income, and traders can use it to determine the average amount a Millerhoward High's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0955
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XHIEX |
Estimated Market Risk
| 0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Millerhoward High is performing at about 7% 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 Millerhoward High by adding it to a well-diversified portfolio.
Millerhoward High Fundamentals Growth
Millerhoward Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Millerhoward High, and Millerhoward High fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Millerhoward Mutual Fund performance.
About Millerhoward High Performance
Evaluating Millerhoward High's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Millerhoward High has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Millerhoward High has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Millerhoward High is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Millerhoward High Income performance evaluation
Checking the ongoing alerts about Millerhoward High for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Millerhoward High Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Millerhoward High's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Millerhoward High's mutual fund performance include:- Analyzing Millerhoward High's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Millerhoward High's stock is overvalued or undervalued compared to its peers.
- Examining Millerhoward High's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Millerhoward High's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Millerhoward High's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Millerhoward High's mutual fund. These opinions can provide insight into Millerhoward High's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Millerhoward Mutual Fund
Millerhoward High financial ratios help investors to determine whether Millerhoward Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Millerhoward with respect to the benefits of owning Millerhoward High security.
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