Martin Marietta Materials Stock Technical Analysis
MLM Stock | USD 595.60 1.37 0.23% |
As of the 28th of November, Martin Marietta secures the Risk Adjusted Performance of 0.0798, mean deviation of 1.16, and Downside Deviation of 1.66. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Martin Marietta Materials, as well as the relationship between them. Please verify Martin Marietta Materials 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 595.6 per share. Given that Martin Marietta Materials has jensen alpha of 0.0018, we recommend you to check Martin Marietta's last-minute market performance to make sure the company can sustain itself at a future point.
Martin Marietta Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Martin, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MartinMartin |
Martin Marietta Analyst Consensus
Target Price | Advice | # of Analysts | |
505.26 | Buy | 21 | Odds |
Most Martin analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Martin stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Martin Marietta Materials, talking to its executives and customers, or listening to Martin conference calls.
Martin Marietta 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.
Martin Marietta Materials Technical Analysis
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 Martin Marietta Materials volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Martin Marietta Materials Trend Analysis
Use this graph to draw trend lines for Martin Marietta Materials. You can use it to identify possible trend reversals for Martin Marietta 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 Martin Marietta price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Martin Marietta Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Martin Marietta Materials applied against its price change over selected period. The best fit line has a slop of 1.71 , which may imply that Martin Marietta Materials will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 110056.24, which is the sum of squared deviations for the predicted Martin Marietta price change compared to its average price change.About Martin Marietta Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Martin Marietta Materials on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Martin Marietta Materials based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Martin Marietta Materials price pattern first instead of the macroeconomic environment surrounding Martin Marietta Materials. By analyzing Martin Marietta's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Martin Marietta's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Martin Marietta specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.005377 | 0.007556 | 0.005634 | 0.005353 | Price To Sales Ratio | 5.08 | 3.42 | 4.56 | 4.78 |
Martin Marietta November 28, 2024 Technical Indicators
Most technical analysis of Martin help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Martin from various momentum indicators to cycle indicators. When you analyze Martin charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0798 | |||
Market Risk Adjusted Performance | 0.1319 | |||
Mean Deviation | 1.16 | |||
Semi Deviation | 1.47 | |||
Downside Deviation | 1.66 | |||
Coefficient Of Variation | 1025.05 | |||
Standard Deviation | 1.62 | |||
Variance | 2.61 | |||
Information Ratio | 0.0168 | |||
Jensen Alpha | 0.0018 | |||
Total Risk Alpha | (0.11) | |||
Sortino Ratio | 0.0164 | |||
Treynor Ratio | 0.1219 | |||
Maximum Drawdown | 8.83 | |||
Value At Risk | (2.61) | |||
Potential Upside | 1.94 | |||
Downside Variance | 2.74 | |||
Semi Variance | 2.15 | |||
Expected Short fall | (1.18) | |||
Skewness | 0.1751 | |||
Kurtosis | 2.47 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Construction Materials space 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 Martin Marietta. If investors know Martin 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 Martin Marietta 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 (0.12) | Dividend Share 3.01 | Earnings Share 32.25 | Revenue Per Share 105.734 | Quarterly Revenue Growth (0.05) |
The market value of Martin Marietta Materials is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Marietta's value that differs from its market value or its book value, called intrinsic value, which is Martin Marietta's 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 Martin Marietta's market value can be influenced by many factors that don't directly affect Martin Marietta's 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 Martin Marietta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Marietta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Marietta's 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.