Summit Materials Performance

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.
Investment Horizon     30 Days    Login   to change

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 (%) 
      Risk (%) 
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.

Operating Margin

Summit Materials Inc Operating Margin
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.
0 

Risk-Adjusted Performance

Over the last 30 days Summit Materials Inc has generated negative risk-adjusted returns adding no value to investors with long positions.

One Month Efficiency

Summit Materials Sharpe Ratio = 0.0129
Best
Portfolio
Best
Equity
Good Returns
Average Returns
Small Returns
CashSmall
Risk
Average
Risk
High
Risk
Huge
Risk
Negative ReturnsSUM

Estimated Market Risk

 1.22
  actual daily
 
 89 %
of total potential
  

Expected Return

 0.02
  actual daily
 
 1 %
of total potential
  

Risk-Adjusted Return

 0.01
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Summit Materials is performing at about 0% 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.