Summit Materials Performance

SUM -- USA Stock  

USD 19.14  0.09  0.47%

Macroaxis gives Summit Materials performance score of 0 on a scale of 0 to 100. The entity has beta of 1.4693 which indicates as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Summit Materials will likely underperform.. Even though it is essential to pay attention to Summit Materials current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Summit Materials exposes twenty-one different technical indicators which can help you to evaluate its performance. Summit Materials has expected return of -0.3709%. Please be advised to validate Summit Materials Standard Deviation, Value At Risk as well as the relationship between Value At Risk and Kurtosis to decide if Summit Materials past performance will be repeated at some point in the near future.
Horizon     30 Days    Login   to change

Summit Materials Relative Risk vs. Return Landscape

If you would invest  2,068  in Summit Materials on August 23, 2018 and sell it today you would lose (163.00)  from holding Summit Materials or give up 7.88% of portfolio value over 30 days. Summit Materials is generating negative expected returns assuming volatility of 1.9738% on return distribution over 30 days investment horizon. In other words, 17% 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 is expected to under-perform the market. In addition to that, the company is 4.45 times more volatile than its market benchmark. It trades about -0.19 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.43 per unit of volatility.

Summit Materials Market Risk Analysis

Sharpe Ratio = -0.1879
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Summit Materials Relative Performance Indicators

Estimated Market Risk
 1.97
  actual daily
 
 83 %
of total potential
  
Expected Return
 -0.37
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.19
  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.

Summit Materials Performance Rating

Summit Materials Risk Adjusted Performance Analysis

0 

Risk-Adjusted Performance

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

Summit Materials Alerts

Equity Alerts and Improvement Suggestions

Summit Materials generates negative expected return over the last 30 days
Summit Materials has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
SUM has about 50.4 M in cash with (8.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.45.
Roughly 22.0% of the company outstanding shares are owned by corporate insiders
Latest headline from thewellesleysnews.com: Analyst Opinion Summary Summit Materials, Inc. , Huntsman Corporation

Summit Materials Performance Indicators

Summit Materials Basic Price Performance Measures

Quick Ratio1.21
Fifty Two Week Low18.47
Target High Price35.00
Payout Ratio0.00%
Fifty Two Week High34.06
Target Low Price24.00
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