Cleanaway Waste (Australia) Technical Analysis
| CWY Stock | 2.22 0.02 0.91% |
As of the 30th of April, Cleanaway Waste shows a last price of 2.22 per share. Technical statistics register risk adjusted performance of -0.07, and Mean Deviation of 1.27. The framework examines statistical deviation from historical norms. Sector-level comparisons provide context for current pricing behavior.
Cleanaway Waste Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Cleanaway, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to CleanawayCleanaway |
What-If Analysis
Running a what-if backtest on Cleanaway Waste Management provides a practical way to test how changes in horizon, position size, or market timing might have affected the result. In practice, this review provides context for deciding whether Cleanaway Waste's historical reward profile was stable enough to support the current thesis.
| 01/30/2026 |
| 04/30/2026 |
Starting with 0.00 in Cleanaway Waste on January 30, 2026 and exiting today would earn 0.00 in total gains. This reflects a 0.0% total return in Cleanaway Waste in total across 90 days. Peers such as Nufarm Finance, Mount Gibson, Ironbark Capital, Archer Materials, and Ainsworth Game operate in a similar space as Cleanaway Waste. Cleanaway Waste trades in Australia capital markets. More
Upside and Downside Indicators for Cleanaway Waste Signals
Upside and downside signals that contextualize Cleanaway Waste price behavior are highlighted below. Current price is compared to recent trend direction and momentum readings.
| Information Ratio | -0.08 | |||
| Maximum Drawdown | 11.95 | |||
| Value At Risk | -2.86 | |||
| Potential Upside | 2.59 |
Market Risk Indicators for Cleanaway Waste Overview
Cleanaway Waste's risk profile is reflected through volatility and return variability measures. Drawdown depth and frequency distinguish between volatile-but-recoverable and structurally declining price behavior.| Risk Adjusted Performance | -0.07 | |||
| Jensen Alpha | -0.16 | |||
| Total Risk Alpha | -0.12 | |||
| Treynor Ratio | 2.06 |
Mean reversion is the tendency of Cleanaway Waste's price to return to its historical average after periods of extreme deviation. Some analysts monitor this tendency by comparing Cleanaway Waste's price extremes to fundamental value. Applying mean reversion analysis to Cleanaway Waste's requires identifying the appropriate reference point for comparison.
Technical Indicators
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.07 | |||
| Market Risk Adjusted Performance | 2.07 | |||
| Mean Deviation | 1.27 | |||
| Coefficient Of Variation | -1,191 | |||
| Standard Deviation | 1.82 | |||
| Variance | 3.31 | |||
| Information Ratio | -0.08 | |||
| Jensen Alpha | -0.16 | |||
| Total Risk Alpha | -0.12 | |||
| Treynor Ratio | 2.06 | |||
| Maximum Drawdown | 11.95 | |||
| Value At Risk | -2.86 | |||
| Potential Upside | 2.59 | |||
| Skewness | 0.5524 | |||
| Kurtosis | 3.71 |
Cleanaway Waste Backtested Returns
Cleanaway Waste signals a relatively elevated risk exposure over the evaluated period. It has a Sharpe Ratio of -0.0794, which indicates that -0.0794 units of return per unit of risk over the last 3 months. We identified twenty-two technical indicators supporting this volatility profile. Please assess metrics such as risk-adjusted performance of -0.07, and mean deviation of 1.27 to analyze downside dispersion. The company maintains a Beta (Market Sensitivity) of -0.079, which conveys very low measured sensitivity to broad market movements. Cleanaway Waste shows a mild inverse relationship with the market, drifting lower in rallies and holding up during downturns. At this point, Cleanaway Waste has a negative expected return of -0.15%.
Auto-correlation | 0.11 |
Insignificant predictability
The autocorrelation profile for Cleanaway Waste Management registers insignificant predictability between the two measured intervals. When lagged price patterns show consistency, they can serve as a partial input for modeling Cleanaway Waste's near-term price behavior. A serial correlation of 0.11 indicates that less than 11.0% of current Cleanaway Waste price fluctuations can be explained by its historical price movements.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Cleanaway Waste is evaluated through observed price and volume patterns. The dataset summarizes historical market behavior.
Technical Analysis
This analysis covers twenty-five data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Cleanaway Waste volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of Cleanaway Waste evaluates price structure, momentum, and volatility clustering. Price channels can reflect persistent trading behavior over rolling windows. Cleanaway Waste has a market cap of 4.93 B, ROE of 4.03%.
Cleanaway Waste Management data is compiled from periodic company reporting and market reference feeds and standardized for comparability.
Editorial review and methodology oversight provided by: Raphi Shpitalnik, Junior Member of Macroaxis Editorial Board
Cleanaway Waste Technical Indicators
Investors following Cleanaway Waste Management often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. This is informative when the goal is to compare trend quality, momentum, and mean-reversion risk before acting.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.07 | |||
| Market Risk Adjusted Performance | 2.07 | |||
| Mean Deviation | 1.27 | |||
| Coefficient Of Variation | -1,191 | |||
| Standard Deviation | 1.82 | |||
| Variance | 3.31 | |||
| Information Ratio | -0.08 | |||
| Jensen Alpha | -0.16 | |||
| Total Risk Alpha | -0.12 | |||
| Treynor Ratio | 2.06 | |||
| Maximum Drawdown | 11.95 | |||
| Value At Risk | -2.86 | |||
| Potential Upside | 2.59 | |||
| Skewness | 0.5524 | |||
| Kurtosis | 3.71 |
April 30, 2026 Daily Trend Indicators
Investors following Cleanaway Waste Management often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. This is informative when the goal is to compare trend quality, momentum, and mean-reversion risk before acting.
| Accumulation Distribution | 485,469 | ||
| Daily Balance Of Power | 0.33 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 2.20 | ||
| Day Typical Price | 2.21 | ||
| Price Action Indicator | 0.03 |
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