Waste Connections (Germany) Performance

UI51 Stock  EUR 178.50  1.50  0.83%   
Waste Connections has a performance score of 7 on a scale of 0 to 100. The firm maintains a market beta of 0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Waste Connections' returns are expected to increase less than the market. However, during the bear market, the loss of holding Waste Connections is expected to be smaller as well. Waste Connections right now maintains a risk of 1.17%. Please check out Waste Connections treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to decide if Waste Connections will be following its historical returns.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Waste Connections are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite nearly uncertain basic indicators, Waste Connections may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
Begin Period Cash Flow219.6 M
  

Waste Connections Relative Risk vs. Return Landscape

If you would invest  16,678  in Waste Connections on September 12, 2024 and sell it today you would earn a total of  1,172  from holding Waste Connections or generate 7.03% return on investment over 90 days. Waste Connections is generating 0.1129% of daily returns assuming 1.169% volatility of returns over the 90 days investment horizon. Simply put, 10% of all stocks have less volatile historical return distribution than Waste Connections, and 98% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
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Assuming the 90 days trading horizon Waste Connections is expected to generate 1.06 times less return on investment than the market. In addition to that, the company is 1.59 times more volatile than its market benchmark. It trades about 0.1 of its total potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.16 per unit of volatility.

Waste Connections Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Waste Connections' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Waste Connections, and traders can use it to determine the average amount a Waste Connections' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0966

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Estimated Market Risk

 1.17
  actual daily
10
90% of assets are more volatile

Expected Return

 0.11
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2
98% of assets have higher returns

Risk-Adjusted Return

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7
93% of assets perform better
Based on monthly moving average Waste Connections is performing at about 7% 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.

Waste Connections Fundamentals Growth

Waste Stock prices reflect investors' perceptions of the future prospects and financial health of Waste Connections, and Waste Connections fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Waste Stock performance.

About Waste Connections Performance

By analyzing Waste Connections' fundamental ratios, stakeholders can gain valuable insights into Waste Connections' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Waste Connections has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Waste Connections has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Waste Connections, Inc., a solid waste services company, provides waste collection, transfer, disposal, and recycling services in the United States and Canada. Waste Connections, Inc. was founded in 1997 and is based in Vaughan, Canada. Waste Connections is traded on Frankfurt Stock Exchange in Germany.

Things to note about Waste Connections performance evaluation

Checking the ongoing alerts about Waste Connections for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Waste Connections help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company has €6.89 Billion in debt which may indicate that it relies heavily on debt financing
Over 91.0% of the company outstanding shares are owned by institutional investors
Evaluating Waste Connections' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Waste Connections' stock performance include:
  • Analyzing Waste Connections' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Waste Connections' stock is overvalued or undervalued compared to its peers.
  • Examining Waste Connections' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Waste Connections' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Waste Connections' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Waste Connections' stock. These opinions can provide insight into Waste Connections' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Waste Connections' stock performance is not an exact science, and many factors can impact Waste Connections' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Complementary Tools for Waste Stock analysis

When running Waste Connections' price analysis, check to measure Waste Connections' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Waste Connections is operating at the current time. Most of Waste Connections' value examination focuses on studying past and present price action to predict the probability of Waste Connections' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waste Connections' price. Additionally, you may evaluate how the addition of Waste Connections to your portfolios can decrease your overall portfolio volatility.
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