|Summit Materials Inc -- USA Stock|| |
USD 31.56 0.21 0.66%
Summit Materials has performance score of 0 on a scale of 0 to 100. The entity has beta of 0.5887 which indicates as returns on market increase, Summit Materials returns are expected to increase less than the market. However during bear market, the loss on holding Summit Materials will be expected to be smaller as well.. Although it is extremely important to respect Summit Materials Inc
current price movements, it is better to be realistic regarding the information on 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 0.0157% will be sustainable into the future. Summit Materials Inc
right now has a risk of 1.2154%. Please validate Summit Materials Standard Deviation
, Value At Risk
as well as the relationship
between Value At Risk and Kurtosis
to decide if Summit Materials will be following its existing price patterns
Relative Risk vs. Return Landscape
If you would invest 3,171
in Summit Materials Inc on September 22, 2017
and sell it today you would earn a total of 6
from holding Summit Materials Inc or generate 0.19%
return on investment over 30
days. Summit Materials Inc is generating 0.0157% of daily returns assuming volatility of 1.2154% on return distribution over 30 days investment horizon. In other words, 11% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, Summit Materials Inc is expected to generate 12.45 times less return on investment than the market. In addition to that, the company is 4.51 times more volatile than its market benchmark. It trades about 0.01 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.73 per unit of volatility.
Based on recorded statements Summit Materials Inc has Operating Margin of 10.98%. This is 182.99% lower than that of the Industrial Goods sector, and 251.87% lower than that of General Building Materials
industry, The Operating Margin for all stocks is 200.64% 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 Fri, Sep 22, 2017 and Sun, Oct 22, 2017 is 31.59 with a coefficient of variation of 1.29. The daily time series for the period is distributed with a sample standard deviation of 0.41, arithmetic mean of 31.68, and mean deviation of 0.32. The Stock did not receive any noticable media coverage during the period.