Martin Marietta's market value is the price at which a share of Martin Marietta trades on a public exchange. It measures the collective expectations of Martin Marietta Materials, investors about its performance. Martin Marietta is trading at 562.50 as of the 25th of January 2025, a No Change since the beginning of the trading day. The stock's open price was 562.5. With this module, you can estimate the performance of a buy and hold strategy of Martin Marietta Materials, and determine expected loss or profit from investing in Martin Marietta over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
Martin
Martin Marietta 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Martin Marietta's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Martin Marietta.
0.00
02/05/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/25/2025
0.00
If you would invest 0.00 in Martin Marietta on February 5, 2023 and sell it all today you would earn a total of 0.00 from holding Martin Marietta Materials, or generate 0.0% return on investment in Martin Marietta over 720 days.
Martin Marietta Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Martin Marietta's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Martin Marietta Materials, upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Martin Marietta's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Martin Marietta's standard deviation. In reality, there are many statistical measures that can use Martin Marietta historical prices to predict the future Martin Marietta's volatility.
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 Mate.
Martin Marietta Mate Backtested Returns
At this point, Martin Marietta is very steady. Martin Marietta Mate has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13 % return per unit of risk over the last 3 months. We have found fourteen technical indicators for Martin Marietta, which you can use to evaluate the volatility of the firm. Please verify Martin Marietta's Risk Adjusted Performance of (0.50), coefficient of variation of 812.4, and Variance of 2.0E-4 to check out if the risk estimate we provide is consistent with the expected return of 0.0019%. Martin Marietta has a performance score of 10 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Martin Marietta are completely uncorrelated. Martin Marietta Mate right now secures a risk of 0.0146%. Please verify Martin Marietta Materials, variance, skewness, and the relationship between the standard deviation and information ratio , to decide if Martin Marietta Materials, will be following its current price movements.
Auto-correlation
0.01
Virtually no predictability
Martin Marietta Materials, has virtually no predictability. Overlapping area represents the amount of predictability between Martin Marietta time series from 5th of February 2023 to 31st of January 2024 and 31st of January 2024 to 25th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Martin Marietta Mate price movement. The serial correlation of 0.01 indicates that just 1.0% of current Martin Marietta price fluctuation can be explain by its past prices.
Correlation Coefficient
0.01
Spearman Rank Test
0.36
Residual Average
0.0
Price Variance
2458.72
Martin Marietta Mate lagged returns against current returns
Autocorrelation, which is Martin Marietta stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Martin Marietta's stock expected returns. We can calculate the autocorrelation of Martin Marietta returns to help us make a trade decision. For example, suppose you find that Martin Marietta has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Martin Marietta regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Martin Marietta stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Martin Marietta stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Martin Marietta stock over time.
Current vs Lagged Prices
Timeline
Martin Marietta Lagged Returns
When evaluating Martin Marietta's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Martin Marietta stock have on its future price. Martin Marietta autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Martin Marietta autocorrelation shows the relationship between Martin Marietta stock current value and its past values and can show if there is a momentum factor associated with investing in Martin Marietta Materials,.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.