Summit Materials Price Prediction and Hype Density Breakdown

SUM -- USA Stock  

USD 26.71  0.14  0.52%

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.
 Time 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

June 25, 2018
26.71
Current Value
26.74
After-hype Price
Target Odds
  
30.67
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
 0.23% 1.31% 0.03%  0.00% 5 Events / Month3 Events / MonthIn about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
26.7126.740.11%
873.33% 

Summit Materials Hype Timeline

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.

Summit Materials Related Hype Analysis

Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
Hecla Mining Company(0.04) 4 per month 0.00 (0.06)  2.88 (2.70)  5.11 
Vale S A 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
Dynaresource 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
El Capitan Precious Metals 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
Emerge Energy Services LP 0.10 4 per month 0.00 (0.16)  4.55 (3.83)  10.99 
West Canyon Energy Corp 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
White Mountain Titanium Corporation 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
Wolverine Technologies Corp 0.00 0 per month 0.00  0.00  0.00  0.00  0.00 
Almaden Minerals Ltd 0.005 2 per month 0.98  0.10  2.92 (1.37)  4.76 
Asanko Gold 0.02 3 per month 0.00 (0.22)  2.61 (4.55)  8.69 

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Also please take a look at Summit Materials Basic Forecasting Models to cross-verify your projections. Please also try Pattern Recognition module to use different pattern recognition models to time the market across multiple global exchanges.