Summit Materials Technical Analysis Overview

SUM -- USA Stock  

USD 19.05  0.28  1.49%

Summit Materials has Coefficient Of Variation of 461.11 and Risk Adjusted Performance of 0.1. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of Summit Materials 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 which can be compared to its competition. 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 is priced more or less accurately providing market reflects its prevalent price of 19.05 per share. Given that Summit Materials has Jensen Alpha of 0.62, we advise you double-check Summit Materials current market performance to make sure the company can sustain itself at future point.
Horizon     30 Days    Login   to change

Summit Materials Technical Analysis

Time Period
  Portfolio Suggestion    
Execute Indicator
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Summit Materials volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Summit Materials Trend Analysis

Use this graph to draw trend lines for Summit Materials. 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 top-right. 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 applied against its price change over selected period. The best fit line has a slop of 0.15 % which may imply that the returns on investment in Summit Materials will continue to fail. It has 34 observation points and a regression sum of squares at 17.7, which is the sum of squared deviations for the predicted Summit Materials price change compared to its average price change.

Diversify with Summit Materials

Build Optimal Portfolios

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations when you add Summit Materials to your portfolio

Summit Materials Market Strength

Summit Materials September 25, 2018 Daily Price Condition

Also please take a look at World Market Map. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.