Martin Story

Closer look at Martin Marietta Standard Deviation

Martin Marietta Materials has current Standard Deviation of 2.26. The Standard Deviation is a measure of how spread out the prices or returns of an asset are on average. It is the most widely used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instruments or portfolios of equities.

Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.

Standard Deviation  =   SQRT(V)

=

2.26

SQRT	=	Square root notation
V	=	Variance of Martin Marietta returns

Let's now compare Martin Marietta Standard Deviation to its closest peers:

	MLM	2.2607488797559547
	CX	3.56
	CRH	2.3
	EXP	2.05
	JHX	2.37

Will Martin pull back in March 2021?

Expected Short fall just dropped to -1.66, may denote upcoming price depreciation. As of the 8th of February, Martin Marietta secures the Mean Deviation of 1.59, risk adjusted performance of 0.0647, and Downside Deviation of 2.43. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Martin Marietta Mate, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Martin Marietta, which can be compared to its peers in the industry. Please verify Martin Marietta Mate variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Martin Marietta Materials is priced some-what accurately, providing market reflects its recent price of 300.91 per share. Given that Martin Marietta Mate has jensen alpha of 0.1954, we recommend you to check Martin Marietta's last-minute market performance to make sure the company can sustain itself at a future point.

The Current Takeaway on Martin Marietta Investment

While some firms under the building materials industry are still a bit expensive, Martin Marietta may offer a potential longer-term growth to stakeholders. With a less-than optimistic outlook for your 30 days horizon, it may be a good time to short some or all of your Martin Marietta holdings as it seems the potential growth was already fully factored into the current price. 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.