 Summit Materials Inc  USA Stock   USD 32.43 1.24 3.98% 
Summit Materials Inc has
Semi Deviation of 1.58,
Coefficient Of Variation of 1360.44 and
Risk Adjusted Performance of 0.0438. In relation to
Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Summit Materials Inc as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen
technical drivers for Summit Materials Inc which can be compared to its competition. Please validate
Summit Materials Inc Standard Deviation,
Value At Risk as well as the
relationship between Value At Risk and
Kurtosis to decide if Summit Materials is priced more or less accurately providing market reflects its prevalent price of 32.43 per share. Given that Summit Materials Inc has
Jensen Alpha of
(0.22), we advise you doublecheck Summit Materials Inc current market performance to make sure the company can sustain itself at future point.
Investment Horizon

30 Days
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Summit Materials Inc Trend Analysis
Use this graph to draw trend lines for Summit Materials Inc. You can use it to identify possible trend reversals for Summit Materials as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Summit Materials price movement. To start drawing, click on the pencil icon on topright. To remove the trend, use eraser icon.
Summit Materials Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Summit Materials Inc applied against its price change over selected period. The best fit line has a slop of
0.16 % which may imply that Summit Materials Inc will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 21.24, which is the sum of squared deviations for the predicted Summit Materials price change compared to its average price change.
  Price Ceiling MovementCalculate and plot Price Ceiling Movement for different equity instruments 
Summit Materials Inc is rated
fourth in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about
1.29 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Summit Materials Inc is roughly
1.29