Waste Management (Germany) Price on March 22, 2024
If you're considering investing in Waste Stock, it is important to understand the factors that can impact its price. Waste Management appears to be very steady, given 3 months investment horizon. Waste Management shows Sharpe Ratio of 0.16, which attests that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Waste Management, which you can use to evaluate the volatility of the company. Please utilize Waste Management's Market Risk Adjusted Performance of 0.2894, downside deviation of 0.9401, and Mean Deviation of 0.9106 to validate if our risk estimates are consistent with your expectations.
Waste Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Waste |
Sharpe Ratio = 0.161
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | UWS | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Waste Management is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Waste Management by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
About Waste Management Stock history
Waste Management investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Waste is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Waste Management will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Waste Management stock prices may prove useful in developing a viable investing in Waste Management
Waste Management Stock Technical Analysis
Waste Management technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Waste Management Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Waste Management cannot be verified against its exchange. Please verify the symbol is currently traded on Stuttgart Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Waste Management November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Waste Management stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Waste Management shares will generate the highest return on investment. By undertsting and applying Waste Management stock market strength indicators, traders can identify Waste Management entry and exit signals to maximize returns
Waste Management Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Waste Management's price direction in advance. Along with the technical and fundamental analysis of Waste Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Waste to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1239 | |||
Jensen Alpha | 0.0973 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | 0.0576 | |||
Treynor Ratio | 0.2794 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Other Tools for Waste Stock
When running Waste Management's price analysis, check to measure Waste Management's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waste Management is operating at the current time. Most of Waste Management's value examination focuses on studying past and present price action to predict the probability of Waste Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waste Management's price. Additionally, you may evaluate how the addition of Waste Management to your portfolios can decrease your overall portfolio volatility.
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Commodity Directory Find actively traded commodities issued by global exchanges | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |