Waste Management (Brazil) Price on August 17, 2023
| W1MC34 Stock | 663.00 3.25 0.49% |
If you're considering investing in Waste Stock, it is important to understand the factors that can impact its price. As of today, the current price of Waste Management stands at 663.00, as last reported on the 26th of November, with the highest price reaching 663.00 and the lowest price hitting 663.00 during the day. Waste Management appears to be very steady, given 3 months investment horizon. Waste Management shows Sharpe Ratio of 0.15, which attests that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven 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 (0.41), mean deviation of 1.05, and Downside Deviation of 1.33 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 = 0.1499
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Estimated Market Risk
| 1.49 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Waste Management is performing at about 11% 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.
Waste Management Valuation on August 17, 2023
It is possible to determine the worth of Waste Management on a given historical date. On August 17, 2023 Waste was worth 389.53 at the beginning of the trading date compared to the closed value of 388.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Waste Management stock. Still, in general, we apply an absolute valuation method to find Waste Management's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Waste Management where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Waste Management's related companies.
| Open | High | Low | Close | Volume | |
| 390.27 | 390.27 | 389.48 | 389.48 | 46.00 | |
08/17/2023 | 389.53 | 389.53 | 388.80 | 388.80 | 2.00 |
| 387.99 | 387.99 | 387.99 | 387.99 | 3.00 |
| Backtest Waste Management | | | Waste Management History | | | Waste Management Valuation | Previous | Next |
Waste Management Trading Date Momentum on August 17, 2023
| On August 18 2023 Waste Management was traded for 387.99 at the closing time. The highest price during the trading period was 387.99 and the lowest recorded bid was listed for 387.99 . There was no trading activity during the period 3.0. Lack of trading volume on August 18, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 0.21% . The trading price change to the current price is 2.58% . |
Waste Management Fundamentals Correlations and Trends
By evaluating Waste Management's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Waste Management's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Waste financial account trend analysis is a perfect complement when working with valuation or volatility modules.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 26, 2024
| High |
0.00 | 0.00 |
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Waste Management November 26, 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 | 0.1054 | |||
| Jensen Alpha | 0.2365 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0498 | |||
| Treynor Ratio | (0.42) |
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| Volume Indicators |
Complementary Tools for Waste Stock analysis
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.
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