Waste Management Stock Price on December 10, 2024

WM Stock  USD 205.83  0.30  0.15%   
Below is the normalized historical share price chart for Waste Management extending back to June 22, 1988. 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 Management stands at 205.83, as last reported on the 20th of December, with the highest price reaching 207.30 and the lowest price hitting 204.45 during the day.
IPO Date
2nd of June 1988
200 Day MA
210.7323
50 Day MA
217.3874
Beta
0.747
 
Oil Shock
 
Dot-com Bubble
 
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 Management shows Sharpe Ratio of 0.0014, which attests that the company had a 0.0014% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Waste Management, which you can use to evaluate the volatility of the company. Please check out Waste Management's Market Risk Adjusted Performance of 0.0639, mean deviation of 0.7832, and Downside Deviation of 0.9961 to validate if the risk estimate we provide is consistent with the expected return of 0.0016%.
  
As of the 20th of December 2024, Stock Based Compensation is likely to grow to about 118.7 M, while Total Stockholder Equity is likely to drop about 4.7 B. . At this time, Waste Management's Price Book Value Ratio is very stable compared to the past year. As of the 20th of December 2024, Price Earnings To Growth Ratio is likely to grow to 6.63, while Price Earnings Ratio is likely to drop 21.50. Waste Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0014

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Estimated Market Risk

 1.11
  actual daily
9
91% of assets are more volatile

Expected Return

 0.0
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Waste Management is not performing at its full potential. However, 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 Management by adding Waste Management to a well-diversified portfolio.
Price Book
10.3337
Enterprise Value Ebitda
16.2313
Price Sales
3.8553
Shares Float
400.1 M
Dividend Share
2.95

Waste Management Main Headline on 10th of December 2024

PRNewswire -- Pomerantz LLP announces that a class action lawsuit has been filed against WM Technology, Inc. . Such...

Waste Management Valuation on December 10, 2024

It is possible to determine the worth of Waste Management on a given historical date. On December 10, 2024 Waste was worth 218.45 at the beginning of the trading date compared to the closed value of 216.08. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Waste Management stock. Still, in general, we apply an absolute valuation method to find Waste Management's 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 Management where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Waste Management's related companies.
 Open High Low Close Volume
  221.15    222.84    216.82    217.47    1,652,577  
12/10/2024
  218.45    218.45    215.88    216.08    2,098,303  
  216.60    216.94    213.50    214.52    1,676,558  
Backtest Waste Management  |  Waste Management History  |  Waste Management Valuation   PreviousNext  
Open Value
218.45
215.12
Downside
216.08
Closing Value
221.78
Upside

Waste Management Trading Date Momentum on December 10, 2024

On December 11 2024 Waste Management was traded for  214.52  at the closing time. The highest price during the trading period was 216.94  and the lowest recorded bid was listed for  213.50 . The volume for the day was 1.7 M. This history from December 11, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.72% . The trading price change to the current price is 4.48% .

Waste Management Fundamentals Correlations and Trends

By evaluating Waste Management's 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 Management's 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 Management Stock history

Waste Management 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 Management 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 Management stock prices may prove useful in developing a viable investing in Waste Management
Last ReportedProjected for Next Year
Common Stock Shares Outstanding406.9 M402.9 M
Net Income Applicable To Common Shares2.6 B2.7 B

Waste Management Stock Technical Analysis

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.
A focus of Waste Management technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Waste Management 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 Management Period Price Range

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December 20, 2024
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Waste Management December 20, 2024 Market Strength

Market strength 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 undertsting and applying Waste Management stock market strength indicators, traders can identify Waste Management entry and exit signals to maximize returns

Waste Management Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Waste Management's 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.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Waste Management. If investors know Waste will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Waste Management listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.153
Dividend Share
2.95
Earnings Share
6.55
Revenue Per Share
53.245
Quarterly Revenue Growth
0.079
The market value of Waste Management is measured differently than its book value, which is the value of Waste that is recorded on the company's balance sheet. Investors also form their own opinion of Waste Management's value that differs from its market value or its book value, called intrinsic value, which is Waste Management's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Waste Management's market value can be influenced by many factors that don't directly affect Waste Management's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Waste Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management's 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.