Waste Connections Stock Price on May 23, 2024

WCN Stock  CAD 261.97  1.27  0.48%   
Below is the normalized historical share price chart for Waste Connections extending back to April 25, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Waste Connections stands at 261.97, as last reported on the 11th of December 2024, with the highest price reaching 265.35 and the lowest price hitting 261.47 during the day.
200 Day MA
240.8657
50 Day MA
254.4566
Beta
0.72
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Waste Stock, it is important to understand the factors that can impact its price. As of now, Waste Stock is very steady. Waste Connections shows Sharpe Ratio of 0.0643, which attests that the company had a 0.0643% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Waste Connections, which you can use to evaluate the volatility of the company. Please check out Waste Connections' Market Risk Adjusted Performance of 0.1693, downside deviation of 0.9789, and Mean Deviation of 0.7365 to validate if the risk estimate we provide is consistent with the expected return of 0.0612%.
  
At this time, Waste Connections' Issuance Of Capital Stock is very stable compared to the past year. . As of the 11th of December 2024, Price To Free Cash Flows Ratio is likely to grow to 33.84, while Price To Sales Ratio is likely to drop 2.89. Waste Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0643

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Estimated Market Risk

 0.95
  actual daily
8
92% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
5
95% of assets perform better
Based on monthly moving average Waste Connections is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Waste Connections by adding it to a well-diversified portfolio.
Price Book
5.9987
Enterprise Value Ebitda
21.9796
Price Sales
7.8374
Shares Float
257.1 M
Dividend Share
1.14

Waste Connections Main Headline on 23rd of May 2024

Waste Connections, Inc. Shares Acquired by Janney Montgomery Scott LLC Defense World

Waste Connections Valuation on May 23, 2024

It is possible to determine the worth of Waste Connections on a given historical date. On May 23, 2024 Waste was worth 227.13 at the beginning of the trading date compared to the closed value of 225.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Waste Connections stock. Still, in general, we apply an absolute valuation method to find Waste Connections' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Waste Connections where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Waste Connections' related companies.
 Open High Low Close Volume
  225.45    226.54    225.08    226.35    219,900  
05/23/2024
  227.13    227.45    225.12    225.73    199,900  
  226.28    226.33    224.13    225.90    215,900  
Backtest Waste Connections  |  Waste Connections History  |  Waste Connections Valuation   PreviousNext  
Open Value
227.13
224.27
Downside
225.73
Closing Value
229.99
Upside

Waste Connections Trading Date Momentum on May 23, 2024

On May 24 2024 Waste Connections was traded for  225.90  at the closing time. The maximum traded price for the trading interval was 226.33  and the lowest daily price was  224.13 . The daily volume was recorded at 215.9 K. The volume of trading on 24th of May 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 0.08% . The trading price change to the closing price today is 0.88% .

Waste Connections Fundamentals Correlations and Trends

By evaluating Waste Connections' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Waste Connections' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Waste financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Waste Connections Stock history

Waste Connections investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Waste is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Waste Connections will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Waste Connections stock prices may prove useful in developing a viable investing in Waste Connections
Last ReportedProjected for Next Year
Common Stock Shares Outstanding258.1 M200.6 M
Net Income Applicable To Common Shares961 MB

Waste Connections Stock Technical Analysis

Waste Connections 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.
A focus of Waste Connections technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Waste Connections trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Waste Connections Period Price Range

Low
December 11, 2024
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Waste Connections cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Waste Connections December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Waste Connections 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 Connections shares will generate the highest return on investment. By undertsting and applying Waste Connections stock market strength indicators, traders can identify Waste Connections entry and exit signals to maximize returns

Waste Connections Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Waste Connections' price direction in advance. Along with the technical and fundamental analysis of Waste Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Waste to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Waste Connections offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Waste Connections' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Waste Connections Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Waste Connections Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Connections. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Please note, there is a significant difference between Waste Connections' value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Connections is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Connections' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.