Gfl Environmental Holdings Stock Alpha and Beta Analysis
| GFL Stock | USD 45.77 0.50 1.10% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Gfl Environmental Holdings. It also helps investors analyze the systematic and unsystematic risks associated with investing in Gfl Environmental over a specified time horizon. Remember, high Gfl Environmental'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 Gfl Environmental's market risk premium analysis include:
Beta 0.76 | Alpha 0.0525 | Risk 1.58 | Sharpe Ratio 0.0586 | Expected Return 0.0924 |
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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.
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Gfl Environmental Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Gfl Environmental market risk premium is the additional return an investor will receive from holding Gfl Environmental 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 Gfl Environmental. 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 Gfl Environmental's performance over market.| α | 0.05 | β | 0.76 |
Gfl Environmental 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 Gfl Environmental's Buy-and-hold return. Our buy-and-hold chart shows how Gfl Environmental performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Gfl Environmental Market Price Analysis
Market price analysis indicators help investors to evaluate how Gfl Environmental stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gfl Environmental shares will generate the highest return on investment. By understating and applying Gfl Environmental stock market price indicators, traders can identify Gfl Environmental position entry and exit signals to maximize returns.
Gfl Environmental Return and Market Media
The median price of Gfl Environmental for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 is 41.22 with a coefficient of variation of 4.25. The daily time series for the period is distributed with a sample standard deviation of 1.76, arithmetic mean of 41.47, and mean deviation of 1.42. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | NCs largest landfill agrees to slash odors, forever chemical contamination | 09/12/2024 |
2 | GFL Environmental Inc. Receives 42.64 Average Price Target from Analysts | 09/17/2024 |
3 | NB Private Equity Partners Limited Interim Results | 09/25/2024 |
4 | GFL, OPAL Fuels begin commercial operations of second RNG facility | 10/07/2024 |
5 | The Latest on PepsiCo | 10/16/2024 |
| Gfl Environmental dividend paid on 31st of October 2024 | 10/31/2024 |
6 | GFL Environmental Inc Q3 2024 Earnings Call Highlights Record EBITDA Margin and ... | 11/08/2024 |
7 | Capital Research Global Investors Expands Stake in GFL Environmental Inc. | 11/13/2024 |
8 | PCJ Investment Counsel Ltd. Purchases 32,800 Shares of GFL Environmental Inc. | 11/20/2024 |
About Gfl Environmental 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 Gfl or other stocks. Alpha measures the amount that position in Gfl Environmental 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.001035 | 0.001424 | 0.001567 | 0.001001 | Price To Sales Ratio | 3.13 | 2.15 | 2.12 | 4.0 |
Gfl Environmental Upcoming Company Events
As portrayed in its financial statements, the presentation of Gfl Environmental's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Gfl Environmental's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Gfl Environmental's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Gfl Environmental. Please utilize our Beneish M Score to check the likelihood of Gfl Environmental's management manipulating its earnings.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th 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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Check out Gfl Environmental Backtesting, Gfl Environmental Valuation, Gfl Environmental Correlation, Gfl Environmental Hype Analysis, Gfl Environmental Volatility, Gfl Environmental History and analyze Gfl Environmental Performance. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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.