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Asset Summary

Weekly Performance Report for VMC ETF: Week 50, 2024

Summary: The Weekly started with VMC ETF opening at $286.59 and closing at $278.11. The ETF showed weakness throughout the Weekly, with the highest price observed at $288.85 and the lowest at $273.42. The underlying asset had a trading range of $15.43 Overall, it was a negative trading Weekly for VMC ETF, reflecting investor pessimism and market activity.

Change in Closing Price: There was a net decrease of $-8.48 or -2.96% in the closing price from the opening to the closing price over the Weekly.

Volume Analysis: Trading volume for VMC ETF was 3,056,426 units during Week 50, indicating active market participation and investor interest.

Opening Price: The Weekly started at $286.59.

Highest Price: The highest price observed during the Weekly was $288.85.

Lowest Price: The lowest price observed during the Weekly was $273.42.

Closing Price: The Weekly ended at $278.11.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

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Frequently Asked Questions

Vulcan Materials Company was founded in 1909.

Vulcan offers crushed stone, sand, gravel, asphalt, and ready-mixed concrete for construction and infrastructure projects.

Vulcan generates revenue primarily through the sale of construction materials to contractors and government agencies for infrastructure projects.

Vulcan adapts by investing in technology, enhancing operational efficiency, and responding to market trends in construction materials.

Vulcan emphasizes customer service by ensuring timely delivery of products and maintaining strong relationships with its customers.

Yes, Vulcan Materials Company is publicly traded on the New York Stock Exchange under the ticker symbol VMC.

Vulcan supports various infrastructure projects, including roads, bridges, airports, and commercial developments.

Vulcan is committed to sustainable practices, focusing on minimizing environmental impact and promoting responsible resource management.

The outlook for Vulcan Materials is positive, driven by ongoing demand for infrastructure improvements and construction activities across the U.S.

Vulcan prioritizes safety by implementing rigorous safety protocols, training programs, and promoting a safety-first culture across all operations.

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