Martin Marietta (Germany) Price on January 3, 2024
| MMX Stock | 569.60 4.00 0.70% |
If you're considering investing in Martin Stock, it is important to understand the factors that can impact its price. As of today, the current price of Martin Marietta stands at 569.60, as last reported on the 27th of November, with the highest price reaching 574.60 and the lowest price hitting 569.60 during the day. Martin Marietta appears to be very steady, given 3 months investment horizon. Martin Marietta Materials has Sharpe Ratio of 0.21, which conveys that the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Martin Marietta, which you can use to evaluate the volatility of the firm. Please exercise Martin Marietta's Risk Adjusted Performance of 0.134, downside deviation of 1.6, and Mean Deviation of 1.13 to check out if our risk estimates are consistent with your expectations.
Martin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Martin |
Sharpe Ratio = 0.2118
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Estimated Market Risk
| 1.44 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average Martin Marietta is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Martin Marietta by adding it to a well-diversified portfolio.
Martin Marietta Valuation on January 3, 2024
It is possible to determine the worth of Martin Marietta on a given historical date. On January 3, 2024 Martin was worth 444.6 at the beginning of the trading date compared to the closed value of 438.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Martin Marietta stock. Still, in general, we apply an absolute valuation method to find Martin Marietta's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Martin Marietta where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Martin Marietta's related companies.
| Open | High | Low | Close | Volume | |
| 449.48 | 449.48 | 445.89 | 445.89 | 1.00 | |
01/03/2024 | 444.60 | 444.60 | 438.03 | 438.03 | 1.00 |
| 438.43 | 444.90 | 438.43 | 444.90 | 1.00 |
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Martin Marietta Trading Date Momentum on January 3, 2024
| On January 04 2024 Martin Marietta Materials was traded for 444.90 at the closing time. The highest price during the trading period was 444.90 and the lowest recorded bid was listed for 438.43 . There was no trading activity during the period 1.0. Lack of trading volume on January 4, 2024 contributed to the next trading day price appreciation. The trading delta at closing time to the next closing price was 1.57% . The trading delta at closing time to the current price is 2.70% . |
Martin Marietta Materials Fundamentals Correlations and Trends
By evaluating Martin Marietta's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Martin Marietta's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Martin financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Martin Marietta Stock history
Martin Marietta investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Martin is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Martin Marietta Materials will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Martin Marietta stock prices may prove useful in developing a viable investing in Martin Marietta
Martin Marietta Stock Technical Analysis
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.
Price Boundaries
Martin Marietta Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Martin Marietta Materials cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Martin Marietta November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Martin Marietta stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Martin Marietta shares will generate the highest return on investment. By undertsting and applying Martin Marietta stock market strength indicators, traders can identify Martin Marietta Materials entry and exit signals to maximize returns
Martin Marietta Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Martin Marietta's price direction in advance. Along with the technical and fundamental analysis of Martin Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Martin to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.134 | |||
| Jensen Alpha | 0.1706 | |||
| Total Risk Alpha | 0.0109 | |||
| Sortino Ratio | 0.0836 | |||
| Treynor Ratio | 0.3662 |
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Additional Tools for Martin Stock Analysis
When running Martin Marietta's price analysis, check to measure Martin Marietta's 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 Martin Marietta is operating at the current time. Most of Martin Marietta's value examination focuses on studying past and present price action to predict the probability of Martin Marietta's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Martin Marietta's price. Additionally, you may evaluate how the addition of Martin Marietta to your portfolios can decrease your overall portfolio volatility.