Waste Net Income Applicable To Common Shares from 2010 to 2026
| WAST Stock | 20.67 0.23 1.10% |
Net Income Applicable To Common Shares | First Reported 2010-12-31 | Previous Quarter 3.2 B | Current Value 2.7 B | Quarterly Volatility 259.6 M |
Check Waste Management financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Waste Management's main balance sheet or income statement drivers, such as Tax Provision of 783.2 M, Interest Income of 586.3 M or Selling General Administrative of 2.2 B, as well as many indicators such as . Waste financial statements analysis is a perfect complement when working with Waste Management Valuation or Volatility modules.
Waste | Net Income Applicable To Common Shares |
Latest Waste Management's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Waste Management CDR over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Waste Management's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Waste Management's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Waste Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 2,351,421,569 | |
| Geometric Mean | 2,339,674,416 | |
| Coefficient Of Variation | 11.04 | |
| Mean Deviation | 179,047,289 | |
| Median | 2,238,000,000 | |
| Standard Deviation | 259,630,490 | |
| Sample Variance | 67408T | |
| Range | 919.9M | |
| R-Value | 0.63 | |
| Mean Square Error | 43035.5T | |
| R-Squared | 0.40 | |
| Significance | 0.01 | |
| Slope | 32,577,042 | |
| Total Sum of Squares | 1078527.9T |
Waste Net Income Applicable To Common Shares History
About Waste Management Financial Statements
Waste Management investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Waste Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 3.2 B | 2.7 B |
Pair Trading with Waste Management
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Waste Management position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Waste Management will appreciate offsetting losses from the drop in the long position's value.Moving against Waste Stock
| 0.71 | CMC | Cielo Waste Solutions | PairCorr |
| 0.52 | AMZN | Amazon CDR | PairCorr |
| 0.52 | AMZN | Amazon CDR | PairCorr |
| 0.51 | ROOF | Northstar Clean Tech | PairCorr |
| 0.44 | BLM | BluMetric Environmental | PairCorr |
The ability to find closely correlated positions to Waste Management could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Waste Management when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Waste Management - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Waste Management CDR to buy it.
The correlation of Waste Management is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Waste Management moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Waste Management CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Waste Management can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Waste Stock
Waste Management financial ratios help investors to determine whether Waste Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Waste with respect to the benefits of owning Waste Management security.