Vulcan Materials Stock Market Value
| VMC Stock | USD 256.40 2.94 1.13% |
| Symbol | Vulcan |
Vulcan Materials Price To Book Ratio
Is Vulcan Materials' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vulcan Materials. If investors know Vulcan will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vulcan Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.916 | Dividend Share 1.72 | Earnings Share 7.05 | Revenue Per Share 58.511 | Quarterly Revenue Growth 0.059 |
The market value of Vulcan Materials is measured differently than its book value, which is the value of Vulcan that is recorded on the company's balance sheet. Investors also form their own opinion of Vulcan Materials' value that differs from its market value or its book value, called intrinsic value, which is Vulcan Materials' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vulcan Materials' market value can be influenced by many factors that don't directly affect Vulcan Materials' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vulcan Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vulcan Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vulcan Materials' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Vulcan Materials 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Vulcan Materials' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Vulcan Materials.
| 02/24/2024 |
| 04/24/2024 |
If you would invest 0.00 in Vulcan Materials on February 24, 2024 and sell it all today you would earn a total of 0.00 from holding Vulcan Materials or generate 0.0% return on investment in Vulcan Materials over 60 days. Vulcan Materials is related to or competes with Eagle Materials, CRH PLC, Cemex SAB, James Hardie, Cementos Pacasmayo, and Loma Negra. Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the... More
Vulcan Materials Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Vulcan Materials' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Vulcan Materials upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0921 | |||
| Maximum Drawdown | 6.88 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 1.92 |
Vulcan Materials Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vulcan Materials' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vulcan Materials' standard deviation. In reality, there are many statistical measures that can use Vulcan Materials historical prices to predict the future Vulcan Materials' volatility.| Risk Adjusted Performance | 0.1068 | |||
| Jensen Alpha | 0.1088 | |||
| Total Risk Alpha | 0.0249 | |||
| Sortino Ratio | 0.1069 | |||
| Treynor Ratio | 0.1773 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Vulcan Materials' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Vulcan Materials Backtested Returns
Vulcan Materials appears to be very steady, given 3 months investment horizon. Vulcan Materials owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Vulcan Materials, which you can use to evaluate the volatility of the company. Please review Vulcan Materials' Semi Deviation of 0.9613, risk adjusted performance of 0.1068, and Coefficient Of Variation of 614.73 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vulcan Materials holds a performance score of 14. The entity has a beta of 1.18, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Vulcan Materials will likely underperform. Please check Vulcan Materials' downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Vulcan Materials' existing price patterns will revert.
Auto-correlation | -0.82 |
Excellent reverse predictability
Vulcan Materials has excellent reverse predictability. Overlapping area represents the amount of predictability between Vulcan Materials time series from 24th of February 2024 to 25th of March 2024 and 25th of March 2024 to 24th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Vulcan Materials price movement. The serial correlation of -0.82 indicates that around 82.0% of current Vulcan Materials price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.84 | |
| Residual Average | 0.0 | |
| Price Variance | 41.34 |
Vulcan Materials lagged returns against current returns
Autocorrelation, which is Vulcan Materials stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Vulcan Materials' stock expected returns. We can calculate the autocorrelation of Vulcan Materials returns to help us make a trade decision. For example, suppose you find that Vulcan Materials has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Vulcan Materials regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Vulcan Materials stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vulcan Materials stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vulcan Materials stock over time.
Current vs Lagged Prices |
| Timeline |
Vulcan Materials Lagged Returns
When evaluating Vulcan Materials' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vulcan Materials stock have on its future price. Vulcan Materials autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Vulcan Materials autocorrelation shows the relationship between Vulcan Materials stock current value and its past values and can show if there is a momentum factor associated with investing in Vulcan Materials.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Vulcan Materials offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Vulcan Materials' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Vulcan Materials Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Vulcan Materials Stock:Check out Vulcan Materials Correlation, Vulcan Materials Volatility and Vulcan Materials Alpha and Beta module to complement your research on Vulcan Materials. For information on how to trade Vulcan Stock refer to our How to Trade Vulcan Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Vulcan Stock analysis
When running Vulcan Materials' price analysis, check to measure Vulcan Materials' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vulcan Materials is operating at the current time. Most of Vulcan Materials' value examination focuses on studying past and present price action to predict the probability of Vulcan Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vulcan Materials' price. Additionally, you may evaluate how the addition of Vulcan Materials to your portfolios can decrease your overall portfolio volatility.
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Vulcan Materials technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.