MARTIN MARIETTA MATERIALS INC

174.76 -0.74 (-0.42%) Sell

Prayers for MLM investors as it delivered massive losses

13 min read

MARTIN MARIETTA MATERIALS INC has destroyed investor wealth today. It delivered -0.42% to close at 174.76. It's recent 5 day performance has been -1.99%, +0.79%, -1.29%, -0.83% and -2.5%.

[Themes containing MLM]

MLM is currently in a bearish trend. Over the last three months 2 bearish signals have generated a profit of +3.47% for investors.

Trend

MLM has been underperforming the SP500 index in recent time. It showed significant underperformance (compared to the SP500 index) from 10 Nov, 2016 to 22 Oct, 2018. Over the last 2 years 11 months and 10 days, MLM underperformed the SP500 index on 50% days. Which indicates that on days MLM underperforms the SP500 index, it's performance is marginally worse than on the days it outperforms the SP500 index.

During the last three months MLM was mostly loss making and delivered on average -0.13% per day. It's best return during this period (of +8.42%) was on Tuesday, 6 Nov, 2018. While it's worst loss in the same period (of -4.8%) was on Tuesday, 4 Dec, 2018. The longest stort-term trends during this period were 5 profitable and losing days. The bullish trend (which returned +6.89%) started on 21 Nov, 2018 and went on till 28 Nov, 2018 while the bearish trend (which returned -4.78%) started on 20 Sep, 2018 and went on till 26 Sep, 2018.

The last 12 months saw MLM's investors making profits in 5 months and incurring losses in 7 months. MLM was less consistent in delivering monthly returs than SP500 index. MLM significantly outperformed SP500 index in May 2018, when it returned +14.43% compared to +4.75% returned by SP500 index during it's best month in the last one year - Jan 2018. MLM had a longer winning streak of losing months than SP500 index. It went down in 4 straight months (from Jul 2018 to Oct 2018) during which period it delivered -26.21%.

"The monarchy is foremost a business, and it's important to them that the British public continue to finance the excessive luxurious lifestyles of the now quite enormous, wasteful and useless 'royal' family. I find it very sad.

MLM is currently seeing overall fall in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in MLM's volatility from 18 Sep, 2018 to 6 Nov, 2018. While there was a significant surge in the SP500 index's volatility from 25 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that MLM has negative skewness in it's return distribution. This indicates that investors may need to stay invested through long periods of drawdown before expecting a recovery.

SP500 index has more chance of extreme outcomes than MLM. Therefore, SP500 must receive a lower allocation than MLM in your portfolio. SP500 index usually has shorter drawdown period than MLM.

Based on your interest in MLM you may find it interesting to know that MSFT, UNH and V are large caps that have all shown remarkable performance and qualify to be on every investor's watchlist.

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