Vulcan Materials Stock Price on May 2, 2024
| VMC Stock | USD 261.24 2.70 1.04% |
If you're considering investing in Vulcan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Vulcan Materials stands at 261.24, as last reported on the 28th of April, with the highest price reaching 261.83 and the lowest price hitting 258.79 during the day. Vulcan Materials appears to be very steady, given 3 months investment horizon. Vulcan Materials owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Vulcan Materials, which you can use to evaluate the volatility of the company. Please review Vulcan Materials' Semi Deviation of 0.9058, risk adjusted performance of 0.1096, and Coefficient Of Variation of 597.11 to confirm if our risk estimates are consistent with your expectations.
Vulcan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Vulcan |
Sharpe Ratio = 0.1675
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Estimated Market Risk
| 1.28 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.21 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Vulcan Materials is performing at about 13% 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 Vulcan Materials by adding it to a well-diversified portfolio.
Vulcan Materials Valuation on May 2, 2024
It is possible to determine the worth of Vulcan Materials on a given historical date. On May 2, 2024 Vulcan was worth 258.99 at the beginning of the trading date compared to the closed value of 261.24. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Vulcan Materials stock. Still, in general, we apply an absolute valuation method to find Vulcan Materials' 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 Vulcan Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Vulcan Materials' related companies.
| Open | High | Low | Close | Volume | |
| 258.99 | 261.83 | 258.79 | 261.24 | 651,163 | |
04/28/2024 | 258.99 | 261.83 | 258.79 | 261.24 | 0.00 |
| Backtest Vulcan Materials | | | Vulcan Materials History | | | Vulcan Materials Valuation | Previous |
Vulcan Materials Trading Date Momentum on May 2, 2024
| On April 28 2024 Vulcan Materials was traded for 261.24 at the closing time. Highest Vulcan Materials's price during the trading hours was 261.83 and the lowest price during the day was 258.79 . There was no trading activity during the period 0.0. Lack of trading volume on the 28th of April did not result in any price rise and fall. The trading price change to current price is 0.86% . |
Vulcan Materials Fundamentals Correlations and Trends
By evaluating Vulcan Materials' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Vulcan Materials' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Vulcan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Vulcan Materials Stock history
Vulcan Materials 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 Vulcan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Vulcan 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 Vulcan Materials stock prices may prove useful in developing a viable investing in Vulcan Materials
Vulcan Materials Company, together with its subsidiaries, produces and supplies construction aggregates primarily in the United States. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama. Vulcan Materials operates under Building Materials classification in the United States and is traded on New York Stock Exchange. It employs 11912 people.
Vulcan Materials Stock Technical Analysis
Vulcan Materials 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
Vulcan Materials Period Price Range
Low | April 28, 2024
| High |
258.99 | 261.24 |
Vulcan Materials April 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Vulcan Materials stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Vulcan Materials shares will generate the highest return on investment. By undertsting and applying Vulcan Materials stock market strength indicators, traders can identify Vulcan Materials entry and exit signals to maximize returns
Vulcan Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Vulcan Materials' price direction in advance. Along with the technical and fundamental analysis of Vulcan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Vulcan 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 | 0.1096 | |||
| Jensen Alpha | 0.1821 | |||
| Total Risk Alpha | 0.0418 | |||
| Sortino Ratio | 0.1105 | |||
| Treynor Ratio | 0.7301 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Vulcan 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 population. For information on how to trade Vulcan Stock refer to our How to Trade Vulcan Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for Vulcan Stock analysis
When running Vulcan Materials' price analysis, check to measure Vulcan Materials' 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 Vulcan Materials is operating at the current time. Most of Vulcan Materials' value examination focuses on studying past and present price action to predict the probability of Vulcan Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vulcan Materials' price. Additionally, you may evaluate how the addition of Vulcan Materials to your portfolios can decrease your overall portfolio volatility.
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Is Vulcan Materials' 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 Vulcan Materials. If investors know Vulcan 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 Vulcan Materials listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Vulcan Materials is measured differently than its book value, which is the value of Vulcan that is recorded on the company's balance sheet. Investors also form their own opinion of Vulcan Materials' value that differs from its market value or its book value, called intrinsic value, which is Vulcan Materials' 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 Vulcan Materials' market value can be influenced by many factors that don't directly affect Vulcan Materials' 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 Vulcan Materials' value and its price as these two are different measures arrived at by different means. Investors typically determine if Vulcan Materials is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vulcan Materials' 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.