Martin Story

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MLM -- USA Stock  

USD 336.59  6.87  2.08%

While some baby boomers are getting worried about basic materials space, it is reasonable to summarize Martin Marietta Materials against economic and market trends. As expected, Martin Marietta is starting to reaffirm its true potential as stakeholders are becoming more and more confident in the future outlook. The returns on the market and returns on Martin Marietta appear more or less related for the last few months. Sluggish forward indicators of the company may also denote signs of medium-term losses for Martin stakeholders. Martin Marietta Mate is scheduled to announce its earnings tomorrow. The upcoming quarterly report is expected on the 9th of February 2021.
Published over three weeks ago
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Our new technical analysis of Martin Marietta Materials (NYSE:MLM)
This firm's average rating is Hold from 13 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. About 102.0% of the company shares are owned by institutional investors. The book value of Martin Marietta was now reported as 92.4. Martin Marietta Mate recorded earning per share (EPS) of 10.7. The entity last dividend was issued on the 30th of November 2020.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Martin Marietta Materials. In general, we focus on analyzing Martin Marietta stock price patterns and their correlations with different microeconomic environment and drivers. We also 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, we 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, frequently view the market will even out over time. This tendency of Martin Marietta's stock 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 use the tools below to analyze the current value of Martin Marietta in the context of predictive analytics.
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 towards 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 Details

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Martin Marietta, but it might be worth checking our own buy vs. sell analysis

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
CX
CRH
EXP
JHX
MLM2.2607488797559547
CX3.56
CRH2.3
EXP2.05
JHX2.37

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.

About Contributor

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 Raphi Shpitalnik do not own shares of Martin Marietta Materials. Please refer to our Terms of Use for any information regarding our disclosure principles.

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