Martin Marietta Materials Stock Market Value

MLM Stock  USD 613.94  2.08  0.34%   
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 selling at 613.94 as of the 28th of March 2024; that is 0.34 percent increase since the beginning of the trading day. The stock's lowest day price was 609.36.
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 Martin Marietta Correlation, Martin Marietta Volatility and Martin Marietta Alpha and Beta module to complement your research on Martin Marietta.
Symbol

Martin Marietta Materials Price To Book Ratio

Is Martin Marietta's industry 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
0.541
Dividend Share
2.8
Earnings Share
19.34
Revenue Per Share
109.486
Quarterly Revenue Growth
0.089
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.

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
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Martin Marietta on February 27, 2024 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 30 days. Martin Marietta is related to or competes with Parker Hannifin, Fathom Digital, Eastern, ATT, Exxon, and McDonalds. Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side... More

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.

Martin Marietta Market Risk Indicators

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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Martin Marietta's 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.
Hype
Prediction
LowEstimatedHigh
606.22607.43673.05
Details
Intrinsic
Valuation
LowRealHigh
592.68593.89673.05
Details
Naive
Forecast
LowNextHigh
600.26601.47602.68
Details
22 Analysts
Consensus
LowTargetHigh
459.79505.26560.84
Details
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 Materials.

Martin Marietta Materials Backtested Returns

Martin Marietta appears to be very steady, given 3 months investment horizon. Martin Marietta Materials has Sharpe Ratio of 0.29, which conveys that the firm had a 0.29% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Martin Marietta, which you can use to evaluate the volatility of the firm. Please exercise Martin Marietta's Downside Deviation of 1.29, risk adjusted performance of 0.1662, and Mean Deviation of 0.9022 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Martin Marietta holds a performance score of 22. The company secures a Beta (Market Risk) of 1.24, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Martin Marietta will likely underperform. Please check Martin Marietta's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Martin Marietta's current price movements will revert.

Auto-correlation

    
  0.40  

Average predictability

Martin Marietta Materials has average predictability. Overlapping area represents the amount of predictability between Martin Marietta time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 2024. 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 Materials price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Martin Marietta price fluctuation can be explain by its past prices.
Correlation Coefficient0.4
Spearman Rank Test0.61
Residual Average0.0
Price Variance30.51

Martin Marietta Materials 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  

Martin Marietta Investors Sentiment

The influence of Martin Marietta's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Martin. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Martin Marietta's public news can be used to forecast risks associated with an investment in Martin. The trend in average sentiment can be used to explain how an investor holding Martin can time the market purely based on public headlines and social activities around Martin Marietta Materials. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Martin Marietta's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Martin Marietta's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Martin Marietta's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Martin Marietta.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Martin Marietta in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Martin Marietta's short interest history, or implied volatility extrapolated from Martin Marietta options trading.

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When determining whether Martin Marietta Materials is a strong investment it is important to analyze Martin Marietta's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Martin Marietta's future performance. For an informed investment choice regarding Martin Stock, refer to the following important reports:
Check out Martin Marietta Correlation, Martin Marietta Volatility and Martin Marietta Alpha and Beta module to complement your research on Martin Marietta.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

Complementary 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.
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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.
A focus of Martin Marietta technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Martin Marietta trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...