Miller Industries Stock Price on November 1, 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.
IPO Date
2nd of August 1994
200 Day MA
56.2479
50 Day MA
63.4266
Beta
0.955
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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' Risk Adjusted Performance of 0.1069, downside deviation of 2.53, 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.

Sharpe Ratio = 0.1429

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsMLR
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

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

Standard Headline on 1st of November 2024

PRNewswire -- Standard Motor Products, Inc. , a leading automotive parts manufacturer and distributor, today announced the completion of the...

Miller Industries Valuation on November 1, 2024

It is possible to determine the worth of Miller Industries on a given historical date. On November 1, 2024 Miller was worth 65.99 at the beginning of the trading date compared to the closed value of 66.37. 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
  67.77    67.77    65.63    65.64    56,041  
11/01/2024
  65.99    66.66    65.88    66.37    40,653  
  66.36    67.55    66.32    67.06    53,866  
Backtest Miller Industries  |  Miller Industries History  |  Miller Industries Valuation   PreviousNext  
Open Value
65.99
66.37
Closing Value
73.59
Upside

Miller Industries Trading Date Momentum on November 1, 2024

On November 04 2024 Miller Industries was traded for  67.06  at the closing time. Highest Miller Industries's price during the trading hours was 67.55  and the lowest price during the day was  66.32 . The net volume was 53.9 K. The overall trading history on the 4th of November contributed to the next trading period price gain. The trading delta at closing time to the next next day price was 1.04% . The trading delta at closing time to current price is 14.80% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding11.5 M11.5 M
Net Income Applicable To Common Shares23.4 M18.4 M

Miller Industries Quarterly Net Working Capital

324.67 Million

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.
A focus of Miller Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Miller Industries trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Miller Industries Period Price Range

Low
November 28, 2024
0.00  NaN%
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 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.

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.