Miller Industries Stock Price on September 6, 2024
| MLR Stock | USD 74.72 0.45 0.61% |
Below is the normalized historical share price chart for Miller Industries extending back to August 02, 1994. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Miller Industries stands at 74.72, as last reported on the 28th of November, with the highest price reaching 75.65 and the lowest price hitting 74.30 during the day.
If you're considering investing in Miller Stock, it is important to understand the factors that can impact its price. Miller Industries appears to be very steady, given 3 months investment horizon. Miller Industries has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% 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 exercise Miller Industries' Downside Deviation of 2.53, risk adjusted performance of 0.1069, and Mean Deviation of 1.63 to check out if our risk estimates are consistent with your expectations.
At this time, Miller Industries' Total Stockholder Equity is relatively stable compared to the past year. As of 11/28/2024, Liabilities And Stockholders Equity is likely to grow to about 679.6 M, while Capital Stock is likely to drop slightly above 91.2 K. . At this time, Miller Industries' Price To Sales Ratio is relatively stable compared to the past year. As of 11/28/2024, Price Book Value Ratio is likely to grow to 1.86, while Price Earnings To Growth Ratio is likely to drop 0.04. Miller Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of August 1994 | 200 Day MA 56.2479 | 50 Day MA 63.4266 | Beta 0.955 |
Miller |
Sharpe Ratio = 0.1429
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Estimated Market Risk
| 2.53 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Miller Industries is performing at about 11% 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.
Price Book 2.1498 | Enterprise Value Ebitda 8.1232 | Price Sales 0.6418 | Shares Float 10.9 M | Dividend Share 0.76 |
Related Headline
Motorcar Parts Headline on 6th of September 2024
Acquisition by Ferguson Joseph Edwin of 15570 shares of Moto... by Ferguson Joseph Edwin
Filed transaction by Motorcar Parts of Director. Grant, award or other acquisition pursuant to Rule 16b-3(d)
Miller Industries Valuation on September 6, 2024
It is possible to determine the worth of Miller Industries on a given historical date. On September 6, 2024 Miller was worth 58.76 at the beginning of the trading date compared to the closed value of 57.54. 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 | |
| 58.36 | 58.76 | 57.65 | 58.74 | 111,856 | |
09/06/2024 | 58.76 | 59.15 | 57.54 | 57.54 | 72,232 |
| 58.00 | 58.40 | 57.17 | 57.33 | 76,660 |
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Miller Industries Trading Date Momentum on September 6, 2024
| On September 09 2024 Miller Industries was traded for 57.33 at the closing time. Highest Miller Industries's price during the trading hours was 58.40 and the lowest price during the day was 57.17 . The net volume was 76.7 K. The overall trading history on the 9th of September contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 0.36% . The trading delta at closing time to current price is 1.88% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 11.5 M | 11.5 M | |
| Net Income Applicable To Common Shares | 23.4 M | 18.4 M |
Miller Industries Quarterly Net Working Capital |
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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 | November 28, 2024
| High |
0.00 | 0.00 |
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Miller Industries November 28, 2024 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 | 0.1069 | |||
| Jensen Alpha | 0.1104 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0794 | |||
| Treynor Ratio | 0.1772 |
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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.