National Waste Management Stock Market Value
| NWMH Stock | USD 0.0001 0.00 0.00% |
| Symbol | National |
National Waste '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 National Waste's pink sheet 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 National Waste.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in National Waste on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding National Waste Management or generate 0.0% return on investment in National Waste over 30 days. National Waste is related to or competes with Republic Services, Waste Connections, Clean Harbors, Gfl Environmental, and Casella Waste. National Waste Management Holdings, Inc. operates as a waste management company in Upstate New York and Central Florida More
National Waste 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 National Waste's pink sheet 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 National Waste Management upside and downside potential and time the market with a certain degree of confidence.
National Waste Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for National Waste's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as National Waste's standard deviation. In reality, there are many statistical measures that can use National Waste historical prices to predict the future National Waste's volatility.National Waste Management Backtested Returns
We have found three technical indicators for National Waste, which you can use to evaluate the volatility of the firm. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and National Waste are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
National Waste Management has no correlation between past and present. Overlapping area represents the amount of predictability between National Waste time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 National Waste Management price movement. The serial correlation of 0.0 indicates that just 0.0% of current National Waste price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
National Waste Management lagged returns against current returns
Autocorrelation, which is National Waste pink sheet'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 National Waste's pink sheet expected returns. We can calculate the autocorrelation of National Waste returns to help us make a trade decision. For example, suppose you find that National Waste has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
National Waste 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 National Waste pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if National Waste pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in National Waste pink sheet over time.
Current vs Lagged Prices |
| Timeline |
National Waste Lagged Returns
When evaluating National Waste's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of National Waste pink sheet have on its future price. National Waste 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, National Waste autocorrelation shows the relationship between National Waste pink sheet current value and its past values and can show if there is a momentum factor associated with investing in National Waste Management.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in National Pink Sheet
National Waste financial ratios help investors to determine whether National Pink Sheet 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 National with respect to the benefits of owning National Waste security.