Miller Opportunity Trust Fund Alpha and Beta Analysis
| LMOPX Fund | USD 34.25 0.27 0.78% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Miller Opportunity Trust. It also helps investors analyze the systematic and unsystematic risks associated with investing in Miller Opportunity over a specified time horizon. Remember, high Miller Opportunity's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Miller Opportunity's market risk premium analysis include:
Beta 1.25 | Alpha 0.12 | Risk 1.1 | Sharpe Ratio 0.19 | Expected Return 0.21 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Miller Opportunity Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Miller Opportunity market risk premium is the additional return an investor will receive from holding Miller Opportunity long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Miller Opportunity. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Miller Opportunity's performance over market.| α | 0.12 | β | 1.25 |
Miller Opportunity expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Miller Opportunity's Buy-and-hold return. Our buy-and-hold chart shows how Miller Opportunity performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Miller Opportunity Market Price Analysis
Market price analysis indicators help investors to evaluate how Miller Opportunity mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Miller Opportunity shares will generate the highest return on investment. By understating and applying Miller Opportunity mutual fund market price indicators, traders can identify Miller Opportunity position entry and exit signals to maximize returns.
Miller Opportunity Return and Market Media
The median price of Miller Opportunity for the period between Tue, Sep 17, 2024 and Mon, Dec 16, 2024 is 32.51 with a coefficient of variation of 5.55. The daily time series for the period is distributed with a sample standard deviation of 1.82, arithmetic mean of 32.82, and mean deviation of 1.59. The Fund received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Patient Capital Management Q3 2024 Investment Review - Seeking Alpha | 10/11/2024 |
About Miller Opportunity Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Miller or other funds. Alpha measures the amount that position in Miller Opportunity Trust has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Miller Opportunity in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Miller Opportunity's short interest history, or implied volatility extrapolated from Miller Opportunity options trading.
Build Portfolio with Miller Opportunity
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Other Information on Investing in Miller Mutual Fund
Miller Opportunity financial ratios help investors to determine whether Miller 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 Miller with respect to the benefits of owning Miller Opportunity security.
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