Macroaxis is not in business of monitoring Summit Materials headlines and social sentiment data; there are plenty of companies out there that do it quite successfully. However, we do analyze noise-free headlines and recent hype associated with Summit Materials brand which may create opportunities for some arbitrage if properly timed. With Summit Materials hype-based prediction module you can estimate the value of Summit Materials from the prospective of Summit Materials response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Summit Materials over a specific investment horizon. Also please take a look at Summit Materials Basic Forecasting Models to cross-verify your projections.
On 25 of June Summit Materials is traded for 26.71. This company has historical hype elasticity of 0.03 and average elasticity to hype of competition of 0.0. Summit Materials is estimated to increase in value after the next headline with price going to jump to 26.74. The average volatility of media hype impact on the company stock price is about 873.33%. The price escalation on the next news is estimated to be 0.11% where as daily expected return is at this time at -0.23%. The volatility of related hype on Summit Materials is about 15411.76% with expected price after next announcement by competition of 26.71. The company reported last year revenue of 1.93 B. Total Income to common stockholders was 121.83 M with profit before taxes, overhead, and interest of 650.8 M. Considering 30-days investment horizon, the next estimated press release will be in about 5 days. Also please take a look at Summit Materials Basic Forecasting Models to cross-verify your projections.