Summit Materials Price Prediction

Summit Materials Inc -- USA Stock  

USD 31.56  0.21  0.66%

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 Inc 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 Inc 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.
Investment Horizon     30 Days    Login   to change

Summit Materials estimiated after-hype price volatility

 Next price density 
 
Expected price to next headline
October 22, 2017
31.56
Current Value
Downside upside
31.56
After-hype Price
Target Price Odds
 Above  Below  
35.22
Upside
Upside upside
Summit Materials is not too volatile asset. Analysis and calculation of next after-hype price of Summit Materials Inc is based on 1 month time horizon.

Summit Materials Hype Analysis

Daily Expected returnPeriod VolatilityHype elasticityRelated hype elasticityAverage news densityRelated news densityNext Expected Hype
 0.02% 1.22% 0.00%  0.00% 0 Events / Month1 Events / MonthWithin a week
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
31.5631.560.00%
0.00% 

Summit Materials Hype Timeline

On 22 of October Summit Materials Inc is traded for  31.56 . This company stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Summit Materials Inc is estimated not to react to the next headline with price going to stay at about the same level and average media hype impact volatility of 0.0%. The immediate return on the next news is estimated to be very small where as daily expected return is at this time at 0.02%. The volatility of relative hype elasticity to Summit Materials is about 2614.29%%. The volatility of related hype on Summit Materials is about 2614.29% with expected price after next announcement by competition of 31.56. About 25.0% of the company outstanding shares are owned by corporate insiders. Book value of Summit Materials Inc was at this time as 10.23. The company has Price/Earnings To Growth (PEG) ratio of 0.88. Summit Materials Inc had not issued any dividends in recent years. Considering 30-days investment horizon, the next estimated press release will be within a week.
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
Expected
Short fall
Potential
Upside
Value
At Risk
Maximum
Drawdown
Hecla Mining Company(0.06) 1 per month 0.00 (0.17)  0.00  1.96 (2.54)  5.78 
Vale S A(0.21) 1 per month 1.71 (0.0982) (1.48)  2.49 (3.05)  8.27 
Dynaresource Inc(0.1) 1 per month 0.00 (0.35)  0.00  0.00  0.00  6.67 
El Capitan Precious Metals Inc 0.01 1 per month 0.00 (0.0327)  0.00  25 (20)  45 
Emerge Energy Services LP 0.08 1 per month 0.00 (0.23)  0.00  5.04 (7.01)  13.36 
West Canyon Energy Corp 0.00 0 per month 0.00 (0.22)  0.00  0.00 (4.76)  9.76