Gfl Environmental Holdings Stock Market Value
| GFL Stock | USD 45.88 0.11 0.24% |
| Symbol | Gfl |
Gfl Environmental Price To Book Ratio
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gfl Environmental. If investors know Gfl will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gfl Environmental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 4.972 | Dividend Share 0.073 | Earnings Share (1.29) | Revenue Per Share 21.876 | Quarterly Revenue Growth 0.066 |
The market value of Gfl Environmental is measured differently than its book value, which is the value of Gfl that is recorded on the company's balance sheet. Investors also form their own opinion of Gfl Environmental's value that differs from its market value or its book value, called intrinsic value, which is Gfl Environmental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gfl Environmental's market value can be influenced by many factors that don't directly affect Gfl Environmental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gfl Environmental's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gfl Environmental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gfl Environmental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Gfl Environmental 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Gfl Environmental's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Gfl Environmental.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Gfl Environmental on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Gfl Environmental Holdings or generate 0.0% return on investment in Gfl Environmental over 30 days. Gfl Environmental is related to or competes with Clean Harbors, Waste Connections, Republic Services, Casella Waste, Waste Management, and Montrose Environmental. GFL Environmental Inc. operates as a diversified environmental services company in Canada and the United States More
Gfl Environmental Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Gfl Environmental's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Gfl Environmental Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0053 | |||
| Maximum Drawdown | 7.37 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 2.97 |
Gfl Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gfl Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gfl Environmental's standard deviation. In reality, there are many statistical measures that can use Gfl Environmental historical prices to predict the future Gfl Environmental's volatility.| Risk Adjusted Performance | 0.0722 | |||
| Jensen Alpha | 0.0368 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0055 | |||
| Treynor Ratio | 0.1689 |
Gfl Environmental Backtested Returns
As of now, Gfl Stock is very steady. Gfl Environmental holds Efficiency (Sharpe) Ratio of 0.0811, which attests that the entity had a 0.0811% return per unit of risk over the last 3 months. We have found thirty technical indicators for Gfl Environmental, which you can use to evaluate the volatility of the firm. Please check out Gfl Environmental's Downside Deviation of 1.52, market risk adjusted performance of 0.1789, and Risk Adjusted Performance of 0.0722 to validate if the risk estimate we provide is consistent with the expected return of 0.13%. Gfl Environmental has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.77, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gfl Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gfl Environmental is expected to be smaller as well. Gfl Environmental right now retains a risk of 1.54%. Please check out Gfl Environmental total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if Gfl Environmental will be following its current trending patterns.
Auto-correlation | 0.66 |
Good predictability
Gfl Environmental Holdings has good predictability. Overlapping area represents the amount of predictability between Gfl Environmental time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gfl Environmental price movement. The serial correlation of 0.66 indicates that around 66.0% of current Gfl Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.66 |
Gfl Environmental lagged returns against current returns
Autocorrelation, which is Gfl Environmental stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Gfl Environmental's stock expected returns. We can calculate the autocorrelation of Gfl Environmental returns to help us make a trade decision. For example, suppose you find that Gfl Environmental has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Gfl Environmental regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Gfl Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gfl Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gfl Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
Gfl Environmental Lagged Returns
When evaluating Gfl Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gfl Environmental stock have on its future price. Gfl Environmental autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Gfl Environmental autocorrelation shows the relationship between Gfl Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in Gfl Environmental Holdings.
Regressed Prices |
| Timeline |
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Gfl Environmental 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.