Casella Waste Systems Stock Alpha and Beta Analysis
| CWST Stock | USD 112.91 0.35 0.31% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Casella Waste Systems. It also helps investors analyze the systematic and unsystematic risks associated with investing in Casella Waste over a specified time horizon. Remember, high Casella Waste's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Casella Waste's market risk premium analysis include:
Beta 1.28 | Alpha (0.05) | Risk 1.59 | Sharpe Ratio 0.0709 | Expected Return 0.11 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Casella |
Casella Waste Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Casella Waste market risk premium is the additional return an investor will receive from holding Casella Waste long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Casella Waste. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Casella Waste's performance over market.| α | -0.05 | β | 1.28 |
Casella Waste expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Casella Waste's Buy-and-hold return. Our buy-and-hold chart shows how Casella Waste performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Casella Waste Market Price Analysis
Market price analysis indicators help investors to evaluate how Casella Waste stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Casella Waste shares will generate the highest return on investment. By understating and applying Casella Waste stock market price indicators, traders can identify Casella Waste position entry and exit signals to maximize returns.
Casella Waste Return and Market Media
The median price of Casella Waste for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 104.1 with a coefficient of variation of 3.68. The daily time series for the period is distributed with a sample standard deviation of 3.82, arithmetic mean of 103.71, and mean deviation of 3.32. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Why Casella Waste Systems Stock Is Falling | 09/18/2024 |
2 | Acquisition by Paul Ligon of 533 shares of Casella Waste subject to Rule 16b-3 | 10/01/2024 |
3 | Donaldson to Unveil Latest Distribution Facility in Mississippi | 10/17/2024 |
4 | Disposition of 8498 shares by Hulligan William P of Casella Waste at 99.8 subject to Rule 16b-3 | 11/04/2024 |
5 | Disposition of 20810 shares by John Casella of Casella Waste at 100.88 subject to Rule 16b-3 | 11/05/2024 |
6 | Insider Sale Director William Hulligan Sells 10,000 Shares of Casella Waste Systems Inc | 11/06/2024 |
7 | Casella Waste Systems, Inc. Among the Best Recycling Stocks to Buy According to Hedge Funds | 11/07/2024 |
8 | Casella Waste Systems CFO sells 21,015 in stock | 11/08/2024 |
9 | Casella Waste Systems exec sells shares valued at 153,526 | 11/12/2024 |
10 | Disposition of 27940 shares by John Casella of Casella Waste at 12.48 subject to Rule 16b-3 | 11/14/2024 |
11 | Disposition of 2797 shares by John Casella of Casella Waste at 107.15 subject to Rule 16b-3 | 11/15/2024 |
12 | Casella Waste Systems, Inc. Announces Offering of the Finance Authority of Maine Solid Waste ... | 11/21/2024 |
13 | Casella Waste Systems, Inc. Analysts Are Bullish on This Waste Management Stock | 11/22/2024 |
About Casella Waste Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Casella or other stocks. Alpha measures the amount that position in Casella Waste Systems has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Dividend Yield | 0.003975 | 0.003533 | Price To Sales Ratio | 3.73 | 3.92 |
Casella Waste Upcoming Company Events
As portrayed in its financial statements, the presentation of Casella Waste's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Casella Waste's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Casella Waste's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Casella Waste. Please utilize our Beneish M Score to check the likelihood of Casella Waste's management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.