Summit Materials Price Prediction and Hype Density Breakdown

SUM -- USA Stock  

USD 19.05  0.18  0.94%

We analyze noise-free headlines and recent hype associated with Summit Materials 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.
Horizon     30 Days    Login   to change

Summit Materials After-Hype Price Density Analysis

 Next price density 
 
Expected price to next headline

Summit Materials Estimiated After-Hype Price Volatility

September 24, 2018
19.05
Current Value
19.25
After-hype Price
Target Odds
  
25.10
Upside
Summit Materials is not too volatile asset. Analysis and calculation of next after-hype price of Summit Materials is based on 1 month time horizon.

Summit Materials Next Price Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.50% 1.95% 0.20%  0.70% 5 Events / Month4 Events / MonthIn about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
19.0519.251.05%
500.00% 

Summit Materials Hype Timeline

On 24 of September Summit Materials is traded for 19.05. This company has historical hype elasticity of 0.2 and average elasticity to hype of competition of -0.7. Summit Materials is estimated to increase in value after the next headline with price going to jump to 19.25. The average volatility of media hype impact on the company stock price is about 500.0%. The price escalation on the next news is estimated to be 1.05% where as daily expected return is at this time at -0.5%. The volatility of related hype on Summit Materials is about 140.24% with expected price after next announcement by competition of 18.35. The company reported last year revenue of 2.04 B. Total Income to common stockholders was 106.05 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.

Summit Materials Related Hype Analysis

Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
Daikin Industries Ltd(0.17) 2 per month 0.58  0.21  2.29 (1.52)  3.85 
Compagnie de Saint Gobain S A 0.015 1 per month 1.57  0.11  2.12 (2.51)  5.18 
Cementos Argos S A 0.00 1 per month 0.00 (0.09)  0.00 (0.02)  0.79 
Geberit AG 0.00 0 per month 0.00  0.16  2.64  0.00  4.60 
CEMEX S A B de C V 0.00 2 per month 0.00  0.0416  4.48 (4.11)  18.79 
CEMEX S A B de C V 0.02 3 per month 0.00 (0.1)  2.50 (2.40)  8.56 
Everest Industries Limited(13.45) 2 per month 0.00 (0.21)  2.40 (2.98)  7.79 
Toto Ltd(0.36) 1 per month 0.00 (0.15)  3.85 (2.52)  6.87 
Owens Corning 0.05 4 per month 0.89 (0.0403)  2.48 (2.07)  5.96 
USG Corporation(0.01) 4 per month 0.00 (2.82)  0.12 (0.09)  0.16 

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Also please take a look at Summit Materials Basic Forecasting Models to cross-verify your projections. Please also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
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