Summit Materials Performance

Summit Materials Inc -- USA Stock  

USD 31.26  1.17  3.61%

On a scale of 0 to 100 Summit Materials holds performance score of 12. The entity has beta of -0.0763 which indicates as returns on market increase, returns on owning Summit Materials are expected to decrease at a much smaller rate. During bear market, Summit Materials is likely to outperform the market.. Although it is vital to follow to Summit Materials Inc current price movements, it is good to be conservative about what you can actually do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting Summit Materials Inc technical indicators you can presently evaluate if the expected return of 0.3453% will be sustainable into the future. Please operates Summit Materials Value At Risk as well as the relationship between Kurtosis and Market Facilitation Index to make a quick decision on weather Summit Materials Inc existing price patterns will revert.
Investment Horizon     30 Days    Login   to change

Summit Materials Inc Relative Risk vs. Return Landscape

If you would invest  3,037  in Summit Materials Inc on November 11, 2017 and sell it today you would earn a total of  206  from holding Summit Materials Inc or generate 6.78% return on investment over 30 days. Summit Materials Inc is generating 0.3453% of daily returns assuming volatility of 1.88% on return distribution over 30 days investment horizon. In other words, 17% of equities are less volatile than the company and above 94% of equities are expected to generate higher returns over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering 30-days investment horizon, Summit Materials Inc is expected to generate 3.65 times more return on investment than the market. However, the company is 3.65 times more volatile than its market benchmark. It trades about 0.18 of its potential returns per unit of risk. The DOW is currently generating roughly 0.39 per unit of risk.

Operating Margin

Summit Materials Inc Operating Margin
Based on recorded statements Summit Materials Inc has Operating Margin of 11.78%. This is 189.04% lower than that of the Industrial Goods sector, and 262.93% lower than that of General Building Materials industry, The Operating Margin for all stocks is 207.97% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.

Summit Materials Daily Price Distribution

The median price of Summit Materials for the period between Sat, Nov 11, 2017 and Mon, Dec 11, 2017 is 30.35 with a coefficient of variation of 2.83. The daily time series for the period is distributed with a sample standard deviation of 0.85, arithmetic mean of 30.23, and mean deviation of 0.67. The Stock did not receive any noticable media coverage during the period.
12 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Summit Materials Inc are ranked lower than 12 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

Summit Materials Sharpe Ratio = 0.1837
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small ReturnsSUM
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative Returns

Estimated Market Risk

 1.88
  actual daily
 
 83 %
of total potential
  

Expected Return

 0.35
  actual daily
 
 6 %
of total potential
  

Risk-Adjusted Return

 0.18
  actual daily
 
 12 %
of total potential
  
Based on monthly moving average Summit Materials is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Summit Materials by adding it to a well-diversified portfolio.