Casella Waste Systems Stock Price Prediction
| CWST Stock | USD 112.91 0.35 0.31% |
Oversold Vs Overbought
62
Oversold | Overbought |
Quarterly Earnings Growth (0.68) | EPS Estimate Next Quarter 0.11 | EPS Estimate Current Year 0.6382 | EPS Estimate Next Year 1.0381 | Wall Street Target Price 113.89 |
Using Casella Waste hype-based prediction, you can estimate the value of Casella Waste Systems from the perspective of Casella Waste response to recently generated media hype and the effects of current headlines on its competitors.
Casella Waste Systems Hype to Price Pattern
Investor biases related to Casella Waste's public news can be used to forecast risks associated with an investment in Casella. The trend in average sentiment can be used to explain how an investor holding Casella can time the market purely based on public headlines and social activities around Casella Waste Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Casella Waste's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Casella Waste.
The fear of missing out, i.e., FOMO, can cause potential investors in Casella Waste to buy its stock at a price that has no basis in reality. In that case, they are not buying Casella because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Casella Waste after-hype prediction price | USD 112.84 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Casella Waste's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Casella Waste After-Hype Price Prediction Density Analysis
As far as predicting the price of Casella Waste at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Casella Waste or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Casella Waste, with the unreliable approximations that try to describe financial returns.
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| Expected price to next headline |
Casella Waste Estimiated After-Hype Price Volatility
In the context of predicting Casella Waste's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Casella Waste's historical news coverage. Casella Waste's after-hype downside and upside margins for the prediction period are 111.24 and 114.44, respectively. We have considered Casella Waste's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Casella Waste is very steady at this time. Analysis and calculation of next after-hype price of Casella Waste Systems is based on 3 months time horizon.
Casella Waste Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Casella Waste is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Casella Waste backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Casella Waste, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.10 | 1.60 | 0.07 | 0.03 | 11 Events / Month | 6 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
112.91 | 112.84 | 0.06 |
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Casella Waste Hype Timeline
Casella Waste Systems is currently traded for 112.91. The entity has historical hype elasticity of -0.07, and average elasticity to hype of competition of -0.03. Casella is projected to decline in value after the next headline, with the price expected to drop to 112.84. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.06%, whereas the daily expected return is currently at 0.1%. The volatility of related hype on Casella Waste is about 508.83%, with the expected price after the next announcement by competition of 112.88. About 99.0% of the company shares are held by institutions such as insurance companies. The book value of Casella Waste was currently reported as 24.19. The company had not issued any dividends in recent years. Given the investment horizon of 90 days the next projected press release will be in about 11 days. Check out Casella Waste Basic Forecasting Models to cross-verify your projections.Casella Waste Related Hype Analysis
Having access to credible news sources related to Casella Waste's direct competition is more important than ever and may enhance your ability to predict Casella Waste's future price movements. Getting to know how Casella Waste's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Casella Waste may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HCCI | Heritage Crystal Clean | 0.14 | 3 per month | 1.51 | 0.14 | 5.13 | (3.24) | 11.13 | |
| CLH | Clean Harbors | 0.26 | 11 per month | 2.38 | (0.03) | 2.02 | (1.99) | 13.89 | |
| HSC | Enviri | (0.25) | 8 per month | 2.48 | 0.1 | 6.26 | (3.78) | 24.00 | |
| MEG | Montrose Environmental Grp | (3.06) | 8 per month | 0.00 | (0.18) | 6.31 | (7.73) | 27.87 | |
| SRCL | Stericycle | (0.50) | 9 per month | 0.00 | 0.10 | 2.30 | (0.67) | 30.56 | |
| RSG | Republic Services | 1.51 | 6 per month | 1.04 | (0.05) | 1.69 | (1.76) | 4.87 | |
| WCN | Waste Connections | (1.82) | 12 per month | 0.88 | (0.09) | 1.37 | (1.55) | 4.00 | |
| GFL | Gfl Environmental Holdings | (0.11) | 10 per month | 1.38 | 0.01 | 2.97 | (2.29) | 7.37 | |
| WM | Waste Management | 1.00 | 8 per month | 0.88 | (0.02) | 1.67 | (1.75) | 7.17 |
Casella Waste Additional Predictive Modules
Most predictive techniques to examine Casella price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Casella using various technical indicators. When you analyze Casella charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
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| Volume Indicators |
About Casella Waste Predictive Indicators
The successful prediction of Casella Waste stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Casella Waste Systems, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Casella Waste based on analysis of Casella Waste hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Casella Waste's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Casella Waste's related companies. | 2023 | 2024 (projected) | Dividend Yield | 0.003975 | 0.003533 | Price To Sales Ratio | 3.73 | 3.92 |
Story Coverage note for Casella Waste
The number of cover stories for Casella Waste depends on current market conditions and Casella Waste's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Casella Waste is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Casella Waste's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Casella Waste Short Properties
Casella Waste's future price predictability will typically decrease when Casella Waste's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Casella Waste Systems often depends not only on the future outlook of the potential Casella Waste's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Casella Waste's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 55.3 M | |
| Cash And Short Term Investments | 220.9 M |
Additional Tools for Casella Stock Analysis
When running Casella Waste's price analysis, check to measure Casella Waste'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 Casella Waste is operating at the current time. Most of Casella Waste's value examination focuses on studying past and present price action to predict the probability of Casella Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Casella Waste's price. Additionally, you may evaluate how the addition of Casella Waste to your portfolios can decrease your overall portfolio volatility.