Martin Marietta Total Risk Alpha
| MLM Stock | | | USD 560.69 -6.78 -1.19% |
Technical inputs supporting the Total Risk Alpha indicator for Martin Marietta Materials are shown here. Values are derived from historical price and volume observations. Availability can differ across markets, exchanges, and instruments. Martin Marietta has a market cap of 33.82 B, operating margin of 23.09%, ROE of 10.16%.
Correlation Analysis can help frame allocation decisions. The overview captures current portfolio composition. This captures an allocation to Martin Marietta Materials. It is represented within the portfolio holdings. The allocation framework shapes how individual positions are weighted. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Martin Marietta Materials has current Total Risk Alpha of 0.0558. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.0558 | |
| ER[a] | = | Expected return on investing in Martin Marietta |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Martin Marietta |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Martin Marietta Materials is rated
below average in total risk alpha compared to key competitors. It is currently under evaluation in maximum drawdown compared to key competitors producing
197.77 in Maximum Drawdown for each unit of Total Risk Alpha. The spread between Maximum Drawdown and Total Risk Alpha for Martin Marietta Materials sits at
197.77 The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
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Other Technical Indicators