Waste Management (Brazil) Alpha and Beta Analysis
| W1MC34 Stock | 659.75 10.12 1.56% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Waste Management. It also helps investors analyze the systematic and unsystematic risks associated with investing in Waste Management over a specified time horizon. Remember, high Waste Management'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 Waste Management's market risk premium analysis include:
Beta (0.44) | Alpha 0.24 | Risk 1.49 | Sharpe Ratio 0.14 | Expected Return 0.22 |
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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Waste Management Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Waste Management market risk premium is the additional return an investor will receive from holding Waste Management 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 Waste Management. 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 Waste Management's performance over market.| α | 0.24 | β | -0.44 |
Waste Management 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 Waste Management's Buy-and-hold return. Our buy-and-hold chart shows how Waste Management performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Waste Management Market Price Analysis
Market price analysis indicators help investors to evaluate how Waste Management stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Waste Management shares will generate the highest return on investment. By understating and applying Waste Management stock market price indicators, traders can identify Waste Management position entry and exit signals to maximize returns.
Waste Management Return and Market Media
The median price of Waste Management for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 591.87 with a coefficient of variation of 4.9. The daily time series for the period is distributed with a sample standard deviation of 29.26, arithmetic mean of 596.74, and mean deviation of 24.07. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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About Waste Management 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 Waste or other stocks. Alpha measures the amount that position in Waste Management 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Waste Management in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Waste Management's short interest history, or implied volatility extrapolated from Waste Management options trading.
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Additional Information and Resources on Investing in Waste Stock
When determining whether Waste Management is a strong investment it is important to analyze Waste Management's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Waste Management's future performance. For an informed investment choice regarding Waste Stock, refer to the following important reports:Check out Waste Management Backtesting, Waste Management Valuation, Waste Management Correlation, Waste Management Hype Analysis, Waste Management Volatility, Waste Management History and analyze Waste Management Performance. For information on how to trade Waste Stock refer to our How to Trade Waste Stock guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Waste Management 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.