Titan America (TTAM)
Market Price (9/29/2026): $13.6 | Market Cap: $2.5 BilSector: Materials | Industry: Construction Materials
Titan America (TTAM)
Market Price (9/29/2026): $13.6Market Cap: $2.5 BilSector: MaterialsIndustry: Construction Materials
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.0%, FCF Yield is 6.1% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19% Low stock price volatilityVol 12M is 37% Megatrend and thematic driversMegatrends include Sustainable Resource Management, Sustainable & Green Buildings, and Water Infrastructure. Themes include Green Building Materials, Show more. | Weak multi-year price returns2Y Excs Rtn is -51%, 3Y Excs Rtn is -94% Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.69 | Key risksTTAM key risks include [1] a concentrated dependence on the economic and construction cycles of the U.S. Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.0%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.0%, FCF Yield is 6.1% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19% |
| Low stock price volatilityVol 12M is 37% |
| Megatrend and thematic driversMegatrends include Sustainable Resource Management, Sustainable & Green Buildings, and Water Infrastructure. Themes include Green Building Materials, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -51%, 3Y Excs Rtn is -94% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 11.69 |
| Key risksTTAM key risks include [1] a concentrated dependence on the economic and construction cycles of the U.S. Show more. |
Qualitative Assessment
AI Analysis | Feedback
Titan America (TTAM) stock has lost about 15% since 5/31/2026 because of the following key factors:
1. Fiscal Q2 2026 Earnings Miss and Profitability Decline.
Titan America reported earnings per share (EPS) of $0.23 for fiscal Q2 2026 (ended June 30, 2026), missing the consensus analyst estimate of $0.29 by $0.06. Despite a 9.6% year-over-year revenue increase to $470.63 million, net income declined by approximately 15% to $43.3 million compared to fiscal Q2 2025. This significant earnings miss and decline in profitability led to the stock closing down about 9% on July 28, 2026.
2. Margin Compression Driven by Operational Headwinds.
A core reason for the profitability decline was the compression of Titan America's Adjusted EBITDA margin, which fell to 21.4% in fiscal Q2 2026 from 23.2% in fiscal Q2 2025. This margin pressure was specifically attributed by management to operational challenges including Florida outages, import disruptions, and softer cement pricing in certain regions.
Show more
Titan America (TTAM) stock has lost about 15% since 5/31/2026 because of the following key factors:
1. Fiscal Q2 2026 Earnings Miss and Profitability Decline.
Titan America reported earnings per share (EPS) of $0.23 for fiscal Q2 2026 (ended June 30, 2026), missing the consensus analyst estimate of $0.29 by $0.06. Despite a 9.6% year-over-year revenue increase to $470.63 million, net income declined by approximately 15% to $43.3 million compared to fiscal Q2 2025. This significant earnings miss and decline in profitability led to the stock closing down about 9% on July 28, 2026.
2. Margin Compression Driven by Operational Headwinds.
A core reason for the profitability decline was the compression of Titan America's Adjusted EBITDA margin, which fell to 21.4% in fiscal Q2 2026 from 23.2% in fiscal Q2 2025. This margin pressure was specifically attributed by management to operational challenges including Florida outages, import disruptions, and softer cement pricing in certain regions.
3. Near-Term Dilution from Keystone Cement Acquisition.
The acquisition of Keystone Cement Company, completed on May 1, 2026, contributed to lower margins in fiscal Q2 2026. Management indicated that Keystone, while a strategic long-term investment expected to yield synergies by 2029, was a source of near-term dilution, which negatively impacted group-level profitability in the period.
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Stock Movement Drivers
Fundamental Drivers
The -15.2% change in TTAM stock from 5/31/2026 to 9/28/2026 was primarily driven by a -11.5% change in the company's P/E Multiple.| (LTM values as of) | 5312026 | 9282026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.23 | 13.76 | -15.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,670 | 1,712 | 2.5% |
| Net Income Margin (%) | 11.1% | 10.4% | -6.6% |
| P/E Multiple | 16.2 | 14.3 | -11.5% |
| Shares Outstanding (Mil) | 184 | 184 | 0.0% |
| Cumulative Contribution | -15.2% |
Market Drivers
5/31/2026 to 9/28/2026| Return | Correlation | |
|---|---|---|
| TTAM | -15.2% | |
| Market (SPY) | 1.5% | 44.3% |
| Sector (XLB) | -2.9% | 56.4% |
Fundamental Drivers
The -23.7% change in TTAM stock from 2/28/2026 to 9/28/2026 was primarily driven by a -23.2% change in the company's P/E Multiple.| (LTM values as of) | 2282026 | 9282026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.04 | 13.76 | -23.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,648 | 1,712 | 3.8% |
| Net Income Margin (%) | 10.8% | 10.4% | -4.4% |
| P/E Multiple | 18.6 | 14.3 | -23.2% |
| Shares Outstanding (Mil) | 184 | 184 | 0.0% |
| Cumulative Contribution | -23.7% |
Market Drivers
2/28/2026 to 9/28/2026| Return | Correlation | |
|---|---|---|
| TTAM | -23.7% | |
| Market (SPY) | 12.2% | 59.0% |
| Sector (XLB) | -6.6% | 66.5% |
Fundamental Drivers
The -10.4% change in TTAM stock from 8/31/2025 to 9/28/2026 was primarily driven by a 0.0% change in the company's Shares Outstanding (Mil).| (LTM values as of) | 8312025 | 9282026 | Change |
|---|---|---|---|
| Stock Price ($) | 15.36 | 13.76 | -10.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | � | 1,712 | 0.0% |
| Net Income Margin (%) | � | 10.4% | 0.0% |
| P/E Multiple | � | 14.3 | 0.0% |
| Shares Outstanding (Mil) | 184 | 184 | 0.0% |
| Cumulative Contribution | 0.0% |
Market Drivers
8/31/2025 to 9/28/2026| Return | Correlation | |
|---|---|---|
| TTAM | -10.4% | |
| Market (SPY) | 20.0% | 56.9% |
| Sector (XLB) | 9.2% | 65.2% |
Fundamental Drivers
nullnull
Market Drivers
8/31/2023 to 9/28/2026| Return | Correlation | |
|---|---|---|
| TTAM | ||
| Market (SPY) | 76.5% | 56.7% |
| Sector (XLB) | 26.4% | 65.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| TTAM Return | - | - | - | - | -0% | -16% | -16% |
| Peers Return | 41% | -15% | 56% | 53% | 9% | -17% | 157% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| TTAM Win Rate | - | - | - | - | 45% | 44% | |
| Peers Win Rate | 72% | 40% | 63% | 62% | 62% | 40% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 56% | |
Max Drawdowns [4] | |||||||
| TTAM Max Drawdown | - | - | - | - | - | -31% | |
| Peers Max Drawdown | -17% | -33% | -17% | -18% | -25% | -30% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: CRH, VMC, MLM, EXP, USLM.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 9/28/2026 (YTD)
How Low Can It Go
| Event | TTAM | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -31.5% | -18.8% |
| % Gain to Breakeven | 46.1% | 23.1% |
| Time to Breakeven | 154 days | 79 days |
In The Past
Titan America's stock fell -31.5% during the 2025 US Tariff Shock. Such a loss loss requires a 46.1% gain to breakeven.
Preserve Wealth
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Asset Allocation
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| Event | TTAM | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -31.5% | -18.8% |
| % Gain to Breakeven | 46.1% | 23.1% |
| Time to Breakeven | 154 days | 79 days |
In The Past
Titan America's stock fell -31.5% during the 2025 US Tariff Shock. Such a loss loss requires a 46.1% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Titan America (TTAM)
Titan America (TTAM) is a prominent vertically integrated manufacturer and supplier of heavy building materials and services across the Eastern Seaboard of the United States. The company operates extensively in key growth markets including Florida, the New York and New Jersey Metropolitan area (Metro New York), and the Mid-Atlantic states (Virginia, North Carolina, and South Carolina). They cater to diverse end markets such as infrastructure, residential, and non-residential construction, leveraging strong regional economic and population growth trends.
The company's core product offerings encompass cement (including supplementary cementitious materials or SCMs), aggregates, ready-mix concrete, and concrete block, supported by a network of over 100 facilities. Titan America prides itself on being a leading provider of lower-carbon cement and green concrete solutions, with over 95% of its cement production having reduced CO2 emissions compared to standard options. Their vertically integrated business model, coupled with significant investments in logistics, production capacity, and advanced digital technologies like AI/ML, enhances efficiency, reliability, and their ability to meet the growing demand for sustainable building materials.
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Here are 1-3 brief analogies for Titan America (TTAM):
- It's like a regional Vulcan Materials or Martin Marietta for the Eastern U.S., but with a strong emphasis on vertically integrated production of lower-carbon cement and green concrete.
- Think of it as a major industrial powerhouse akin to a regional Cemex, providing the essential building blocks—cement, aggregates, and concrete—for all construction on the Eastern Seaboard, while leading the way in sustainable and digitally optimized materials.
- Imagine a legacy car manufacturer aggressively pivoting to EVs and advanced tech, but for the world of cement, concrete, and aggregates; Titan America is rapidly transforming itself into a leader in lower-carbon materials and digitally optimized construction supplies for the Eastern U.S.
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- Cement: A foundational building material used in concrete, produced in various types including lower-carbon and ternary blends for reduced CO2 emissions.
- Supplementary Cementitious Materials (SCMs): Materials like fly ash, slag, calcined clay, or natural pozzolans used to enhance concrete performance and reduce its carbon footprint.
- Aggregates: Essential raw materials such as crushed stone, sand, and gravel used in concrete, asphalt, and other construction applications.
- Ready-Mix Concrete: Concrete that is batched in a plant and delivered to a construction site ready for use.
- Concrete Block: Pre-formed masonry units used for constructing walls, foundations, and other structures.
- Fly Ash Beneficiation and Marketing: Services involving the processing and distribution of fly ash for beneficial reuse in construction materials.
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Based on the provided company description, Titan America (TTAM) sells primarily to other companies rather than individuals. The description does not name specific customer companies.
Titan America serves a diverse customer base across the following end markets:
- Infrastructure: Companies involved in building and maintaining public works such as roads, bridges, and other civil engineering projects.
- Residential: Companies engaged in the construction of residential properties.
- Non-residential: Companies undertaking commercial, industrial, and institutional building projects.
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Bill Zarkalis, President and Chief Executive Officer
Bill Zarkalis has served as the President and Chief Executive Officer of Titan America LLC since 2014. Prior to joining Titan America, he was the Chief Financial Officer of Titan Cement International, Titan America's parent company, from 2010 to 2014, and served as Executive Director of Business Development and Strategic Planning from 2008 to 2010. Before joining Titan Cement International in 2008, Mr. Zarkalis held various global business leadership roles with The Dow Chemical Company, including Global Vice President of Dow Automotive, Global Business Director of Specialty Plastics and Elastomers, and Global Business Director of Synthetic Latex. He has been a member of the Executive Committee and Board of Directors of Titan Cement International SA since 2013. Mr. Zarkalis holds a Master of Science in chemical engineering from The National Technical University of Athens and Pennsylvania State University.
Larry Wilt, Chief Financial Officer
Larry Wilt has served as the Chief Financial Officer of Titan America LLC since 2000. Previously, he was Corporate Controller for Tarmac America, Inc. from 1996 to 2000, and Manager, Internal Audit from 1995 to 1996. Tarmac America Inc. was acquired by Titan Cement Company S.A. in 2000. Before joining Tarmac America, Inc. in 1995, Mr. Wilt worked as a Senior Manager at Ernst & Young LLP. He holds a Bachelor of Science degree in commerce from the University of Virginia and is a Certified Public Accountant in Virginia and Georgia.
Maria Silva, Chief Human Resources Officer
Maria Silva has served as Chief Human Resources Officer of Titan America LLC since September 2025.
Kevin Baird, President, Mid-Atlantic Business Unit
Kevin Baird has served as Titan America LLC's President, Mid-Atlantic Business Unit since 2017. His prior roles at the company include Senior Vice President of Ready-Mix Operations and Florida Concrete Products (2013 to 2017) and Vice President, Cement and Aggregate Operations for the Florida Business Unit (2011 to 2013). From 1999 to 2011, Mr. Baird held various engineering and operations management positions. He earned a Bachelor of Science degree in electrical engineering from North Carolina State University.
Jason Morin, President, Florida Business Unit
Jason Morin joined Titan America as President, Florida Business Unit in early 2025. Before this, he served as CEO of Black Mountain Sand from 2019 to 2023. Most recently, he founded Rearden Advisors, where he provided advisory services to industrial clients in operational excellence and strategic mergers and acquisitions. His commercial career began at General Electric, followed by various leadership roles at Holcim, including Production Manager, Plant Manager, VP of Environmental & Government Affairs, and VP of Manufacturing. He also worked in executive leadership positions in operations and sales at Summit Materials' Continental Cement division. Mr. Morin holds a Bachelor of Science in Engineering & Management from Clarkson University and an MBA from Missouri State University.
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Key Risks to Titan America (TTAM)
- Sensitivity to Economic and Construction Market Cycles: Titan America operates in the heavy building materials sector, which is highly dependent on overall economic health, population growth, and construction spending across infrastructure, residential, and non-residential end markets. A significant slowdown in these areas, particularly on the Eastern Seaboard of the United States where the company primarily operates, would directly impact the demand for its products and could adversely affect its revenues and profitability. The company explicitly states that it serves markets that benefit from "population growth, economic growth and technology and innovation trends that are among the strongest in the United States," indicating a reliance on these favorable conditions.
- Evolving Environmental Regulations and Decarbonization Pressures: While Titan America has invested significantly in and positions itself as a leader in lower-carbon and green concrete solutions, the heavy building materials industry, particularly cement production, faces increasing scrutiny regarding CO2 emissions and environmental impact. Evolving and stricter environmental regulations, potential carbon pricing or taxes, and the continuous need for investment in advanced green technologies could increase operating costs, necessitate substantial capital expenditures, or affect market competitiveness if the company cannot adapt effectively or if new, more disruptive technologies emerge. The company's strategic focus on "Lower-Carbon Cement" and "Type IT cement" underscores the ongoing challenge and investment required in this area.
- Raw Material and Energy Cost Volatility: The production of cement, aggregates, and concrete relies heavily on the availability and cost of raw materials obtained from mining operations, as well as significant energy consumption. Fluctuations in the cost and supply of these raw materials (such as limestone, fly ash, slag) and energy prices (including electricity, natural gas, and fuel for transportation and operations) could directly impact Titan America's production costs and profit margins. The company's management of "474 million tons of reserves" and efforts to optimize logistics and energy efficiency highlight the criticality of these inputs to its operations.
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- Increased Demand from Infrastructure and Resilient Urbanization in High-Growth Regions: Titan America is strategically positioned to capitalize on large-scale infrastructure investments, such as those spurred by the Bipartisan Infrastructure Law, and resilient urbanization trends along the U.S. Eastern Seaboard. The company's operations in high-growth regions like the Mid-Atlantic and Southeast are expected to benefit significantly from this demand, including participation in specialized construction projects like data centers in Virginia.
- Strategic Acquisitions and Integration for Expanded Market Presence and Synergies: The recent acquisition of Keystone Cement Company has notably expanded Titan America's cement and aggregates operations across the Mid-Atlantic region, encompassing Pennsylvania, Ohio, Maryland, and Delaware. This acquisition not only broadens the company's geographic footprint and adds capacity but is also projected to generate $30 million in annual run-rate synergies by 2029, contributing to future revenue and profitability.
- Expansion of Lower-Carbon and High-Performance Product Portfolio, Supported by Innovation: Titan America's commitment to developing and supplying lower-carbon cement and green concrete solutions, including new products like Type IT cement, positions it to meet the growing market demand for sustainable building materials. Further driving this innovation, the company has launched an Innovation Hub in Miami to accelerate the development of advanced materials and construction solutions.
- Enhanced Production Capacity and Operational Efficiency through Targeted Investments and Digital Transformation: Ongoing strategic investments aim to boost production capacity and operational efficiency. These include expanding cement and supplementary cementitious materials (SCM) storage, scaling import capabilities, modernizing logistics networks, and leveraging artificial intelligence and machine learning (AI/ML) technologies. For instance, plans to increase capacity at the Pennsuco plant in Florida from 2.4 million tonnes to over 2.9 million tonnes by 2030 will enable Titan America to more effectively meet anticipated market demand.
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Capital Expenditures
- In 2023, Titan America completed a $73 million investment at its Port Tampa Bay Terminal and Norfolk Terminal, which included constructing new domes and adding approximately 70,000 tons of multi-product storage capacity at each location, along with other repairs and refurbishments.
- Between 2018 and 2023, the company invested $52 million in modernizing its logistics network in the Mid-Atlantic region. This included increasing silo storage capacity, installing an automated loadout system at the Roanoke Plant, expanding rail terminals in Winston-Salem, Charlotte, Selma, and Wilmington, and installing a hybrid loadout system at the Norfolk Terminal for both truck and rail car loading.
- Recent investments also reflect a strategic focus on decarbonization through the development of Lower-Carbon Cement and Type IT cement, aiming for significant CO2 emission reductions, and on digital transformation through the adoption of AI/ML technologies to enhance plant reliability, capacity utilization, product quality, and energy efficiency.
Peer Outperformance in Construction Materials
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Copper | 7 | 83.5% | 108.5% | 180.4% | TGB 418% · HBM 353% · SCCO 337% |
| Silver | 6 | 62.8% | 304.4% | 163.0% | AYA 365% · HL 219% · SVM 199% |
| Steel | 13 | 17.9% | 37.1% | 162.9% | HCC 339% · NWPX 321% · STLD 315% |
| Gold | 39 | 13.8% | 214.9% | 147.5% | AUGO 874% · IAG 741% · AU 579% |
| Construction Materials ← | 9 | -23.9% | 15.5% | 47.4% | USLM 364% · CRH 88% · SMID 79% |
| Aluminum | 4 | 47.1% | 87.3% | 44.8% | CENX 181% · KALU 62% · CSTM 28% |
| Diversified Metals & Mining | 24 | -24.7% | -16.8% | 11.8% | ATLX 179900% · USAR 48272% · FMST 692% |
| Metal, Glass & Plastic Containers | 11 | -0.7% | 19.6% | 0.6% | KRT 220% · MYE 83% · GEF 46% |
| Paper & Plastic Packaging Products & Materials | 7 | 11.4% | 9.4% | -6.3% | PKG 92% · CCK 12% · SON 0% |
| Specialty Chemicals | 42 | 11.7% | 2.0% | -17.8% | ODC 475% · NEU 197% · CMT 96% |
| Precious Metals & Minerals | 8 | 9.1% | 171.7% | -23.6% | ASM 628% · PPTA 350% · MTA 46% |
| Diversified Chemicals | 4 | -1.9% | -27.2% | -29.0% | CBT 69% · ASH -15% · CC -43% |
| Commodity Chemicals | 12 | 10.2% | -19.8% | -33.5% | HWKN 283% · KOP 50% · MEOH 39% |
| Fertilizers & Agricultural Chemicals | 10 | -14.4% | -12.4% | -45.6% | CF 127% · CTVA 92% · NTR 29% |
| Paper Products | 4 | -32.6% | -54.5% | -72.2% | SLVM 22% · CLW -48% · ITP -96% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| With Titan America Stock Surging, Have You Considered The Downside? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 142.22 |
| Mkt Cap | 17.1 |
| Rev LTM | 4,506 |
| Op Inc LTM | 978 |
| FCF LTM | 490 |
| FCF 3Y Avg | 753 |
| CFO LTM | 1,075 |
| CFO 3Y Avg | 1,531 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 6.6% |
| Rev Chg 3Y Avg | 2.3% |
| Rev Chg Q | 7.0% |
| QoQ Delta Rev Chg LTM | 1.8% |
| Op Inc Chg LTM | 9.0% |
| Op Inc Chg 3Y Avg | 11.1% |
| Op Mgn LTM | 20.5% |
| Op Mgn 3Y Avg | 22.3% |
| QoQ Delta Op Mgn LTM | -0.5% |
| CFO/Rev LTM | 22.5% |
| CFO/Rev 3Y Avg | 25.3% |
| FCF/Rev LTM | 10.6% |
| FCF/Rev 3Y Avg | 12.4% |
Price Behavior
| Market Price | $13.76 | |
| Market Cap ($ Bil) | 2.5 | |
| Distance from 52W High | -28.8% | |
| 50 Days | 200 Days | |
| DMA Price | $15.29 | $16.20 |
| DMA Trend | indeterminate | down |
| Distance from DMA | -10.0% | -15.1% |
| 3M | 1YR | |
| Volatility | 34.5% | 37.1% |
| Downside Capture | 311.00 | 185.95 |
| Upside Capture | 102.37 | 146.98 |
| Correlation (SPY) | 45.8% | 57.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.23 | 1.58 | 1.07 | 1.64 | 1.62 | 0.22 |
| Up Beta | 0.80 | 0.02 | 0.71 | 1.77 | 1.88 | 0.56 |
| Down Beta | 3.01 | 3.28 | 1.35 | 1.78 | 1.37 | -0.32 |
| Up Capture | 74% | 78% | 85% | 119% | 174% | 37% |
| Bmk +ve Days | 10 | 21 | 32 | 68 | 138 | 427 |
| Stock +ve Days | 10 | 21 | 34 | 63 | 129 | 190 |
| Down Capture | 221% | 280% | 131% | 170% | 145% | 97% |
| Bmk -ve Days | 11 | 21 | 32 | 59 | 113 | 324 |
| Stock -ve Days | 11 | 21 | 30 | 64 | 121 | 198 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with TTAM | |
|---|---|---|---|---|
| TTAM | -5.5% | 37.0% | -0.08 | - |
| Sector ETF (XLB) | 14.2% | 17.9% | 0.59 | 65.0% |
| Equity (SPY) | 17.4% | 13.0% | 0.96 | 57.4% |
| Gold (GLD) | 9.7% | 29.6% | 0.31 | 31.1% |
| Commodities (DBC) | 42.7% | 20.7% | 1.60 | -29.1% |
| Real Estate (VNQ) | 4.3% | 13.6% | 0.06 | 34.3% |
| Bitcoin (BTCUSD) | -23.0% | 44.8% | -0.46 | 25.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with TTAM | |
|---|---|---|---|---|
| TTAM | -3.5% | 40.0% | -0.18 | - |
| Sector ETF (XLB) | 6.5% | 19.1% | 0.23 | 65.1% |
| Equity (SPY) | 13.5% | 17.2% | 0.60 | 56.7% |
| Gold (GLD) | 18.1% | 18.9% | 0.77 | 19.2% |
| Commodities (DBC) | 11.0% | 19.5% | 0.44 | -9.0% |
| Real Estate (VNQ) | 0.9% | 18.9% | -0.06 | 44.9% |
| Bitcoin (BTCUSD) | 14.4% | 52.4% | 0.45 | 27.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with TTAM | |
|---|---|---|---|---|
| TTAM | -1.8% | 40.0% | -0.18 | - |
| Sector ETF (XLB) | 9.9% | 20.7% | 0.42 | 65.1% |
| Equity (SPY) | 15.4% | 17.9% | 0.73 | 56.7% |
| Gold (GLD) | 11.7% | 16.4% | 0.58 | 19.2% |
| Commodities (DBC) | 8.5% | 18.1% | 0.38 | -9.0% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 44.9% |
| Bitcoin (BTCUSD) | 63.8% | 66.2% | 1.03 | 27.8% |
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Returns Analyses
Industry Resources
| Materials Resources |
| Chemical & Engineering News (C&EN) |
| Mining.com |
| Plastics News |
| Construction Materials Resources |
| Construction Europe |
| Aggregates Business |
| Concrete Products |
External Quote Links
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| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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