This firm's average rating is Buy from 12 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Martin Marietta market sentiment investors' perception of the future value of Martin. Let us look at a few aspects of Martin technical analysis.
Using predictive
technical analysis, we can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of Martin Marietta Materials. In general, sophisticated investors focus on analyzing Martin Marietta stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build Martin Marietta's daily price indicators and compare them against related drivers such as
momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional
technical analysis and
fundamental analysis, we attempt to find the most accurate representation of
Martin Marietta's intrinsic value. In addition to deriving basic predictive indicators for Martin Marietta, many experienced traders also check how macroeconomic factors affect Martin Marietta price patterns. Please read more on our
technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed
many market ups and downs, anticipate that the market will even out over time. This tendency of Martin Marietta's 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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Martin Marietta. Your research has to be compared to or analyzed against Martin Marietta's peers to derive any actionable benefits. When done correctly, Martin Marietta's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Martin Marietta Materials.
How does Martin Stands against Peers?
Analyzing Martin Marietta competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Martin Marietta across multiple sectors and
thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out
Martin Marietta Competition DetailsMartin Marietta Gross Profit
Martin Marietta Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Martin Marietta previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Martin Marietta Gross Profit growth over the last 10 years. Please check Martin Marietta's
gross profit and other
fundamental indicators for more details.
Closer look at Martin Marietta Semi Deviation
Martin Marietta Materials has current Semi Deviation of 2.04. Semi-deviation provides a good measure of downside risk for a equity or a portfolio. It is similar to standard deviation, but it only looks at periods where the returns are less than the target or average level.
Semi-deviation is the square root of semi-variance. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.
Semi Deviation | = | SQRT(SV) |
| = | 2.04 |
Let's now compare Martin Marietta Semi Deviation to its closest peers:
| MLM | 2.0412055456839258 |
| CX | 2.23 |
| EXP | 2.05 |
| JHX | 1.55 |
| MDU | 1.76 |
Our take on today Martin Marietta hike
New market risk adjusted performance indicator falls down to -2.05. Possible price surge? Martin Marietta Materials currently demonstrates below-verage downside deviation. It has Information Ratio of 0.08 and Jensen Alpha of 0.18. However, we do advice investors to further question Martin Marietta Materials expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.
Our Final Perspective on Martin Marietta
While some other companies under the building materials industry are still a bit expensive, Martin Marietta may offer a potential longer-term growth to stakeholders. With a relatively neutral outlook on the new economy, it is better to hold off any trading of Martin as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Martin Marietta.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Martin Marietta Materials. Please refer to our
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