Martin Marietta Materials Stock Price on March 12, 2024
| MLM Stock | USD 571.14 9.61 1.65% |
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 571.14, as last reported on the 21st of May, with the highest price reaching 586.40 and the lowest price hitting 571.14 during the day. We consider Martin Marietta very steady. Martin Marietta Materials has Sharpe Ratio of 0.082, which conveys that the firm had a 0.082% 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 verify Martin Marietta's Mean Deviation of 0.9561, downside deviation of 1.49, and Risk Adjusted Performance of 0.0644 to check out if the risk estimate we provide is consistent with the expected return of 0.11%.
At this time, Martin Marietta's Total Stockholder Equity is very stable compared to the past year. As of the 21st of May 2024, Liabilities And Stockholders Equity is likely to grow to about 16.3 B, while Common Stock Total Equity is likely to drop about 573.4 K. . At this time, Martin Marietta's Price To Sales Ratio is very stable compared to the past year. As of the 21st of May 2024, Price Earnings To Growth Ratio is likely to grow to 0.70, while Price Book Value Ratio is likely to drop 2.31. Martin Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Martin |
Sharpe Ratio = 0.082
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Estimated Market Risk
| 1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Martin Marietta is performing at about 6% 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.
Price Book 4.6338 | Enterprise Value Ebitda 18.7341 | Price Sales 5.4925 | Shares Float 61.2 M | Dividend Share 2.88 |
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Martin Marietta Valuation on March 12, 2024
It is possible to determine the worth of Martin Marietta on a given historical date. On March 12, 2024 Martin was worth 597.03 at the beginning of the trading date compared to the closed value of 603.16. 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 | |
| 596.40 | 597.79 | 590.40 | 595.71 | 452,081 | |
03/12/2024 | 597.03 | 603.53 | 595.76 | 603.16 | 312,564 |
| 602.98 | 608.95 | 600.86 | 604.92 | 295,060 |
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Martin Marietta Trading Date Momentum on March 12, 2024
| On March 13 2024 Martin Marietta Materials was traded for 604.92 at the closing time. Highest Martin Marietta's price during the trading hours was 608.95 and the lowest price during the day was 600.86 . The net volume was 295.1 K. The overall trading history on the 13th of March 2024 contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 0.29% . The trading delta at closing time to current price is 0.81% . |
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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 62.1 M | 56.9 M | |
| Net Income Applicable To Common Shares | 996.8 M | 1 B |
Martin Marietta Quarterly Net Working Capital |
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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 | March 12, 2024
| High |
597.03 | 603.16 |
Martin Marietta May 21, 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
| Accumulation Distribution | 4024.03 | |||
| Daily Balance Of Power | 0.7889 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 599.65 | |||
| Day Typical Price | 600.82 | |||
| Price Action Indicator | 6.58 | |||
| Period Momentum Indicator | (32.02) |
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 | 0.0644 | |||
| Jensen Alpha | 0.0906 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0368 | |||
| Treynor Ratio | 0.2592 |
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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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
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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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 7.658 | Dividend Share 2.88 | Earnings Share 34.03 | Revenue Per Share 107.953 | Quarterly Revenue Growth (0.08) |
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.