Waste Management Stock Alpha and Beta Analysis
| WM Stock | USD 228.22 0.24 0.11% |
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 0.52 | Alpha 0.0662 | Risk 1.14 | Sharpe Ratio 0.13 | Expected Return 0.15 |
Waste Management Quarterly Cash And Equivalents |
|
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.
Waste |
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 | 0.07 | β | 0.52 |
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 Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 211.27 with a coefficient of variation of 3.27. The daily time series for the period is distributed with a sample standard deviation of 6.97, arithmetic mean of 212.83, and mean deviation of 5.74. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 1860 shares by Stith Kimberly G. of Waste Management at 204.7585 subject to Rule 16b-3 | 09/06/2024 |
| Waste Management dividend paid on 27th of September 2024 | 09/27/2024 |
2 | XML Financial LLC Cuts Holdings in Waste Management, Inc. | 11/11/2024 |
3 | Waste Management declares 0.75 dividend | 11/15/2024 |
4 | Banque Cantonale Vaudoise Raises Stake in Waste Management, Inc. | 11/19/2024 |
5 | WM Technology, Inc. Securities Fraud Class Action Lawsuit Pending Contact Levi Korsinsky Before December 16, 2024 to Discuss Your Rights MAPS | 11/20/2024 |
6 | The Schall Law Firm Encourages Shareholder Participation In A Case Against WM Technology, Inc. For Violating Securities Laws | 11/21/2024 |
7 | Waste Management, Inc. Analysts Are Bullish on This Waste Management Stock | 11/22/2024 |
8 | Bill Gates just dumped 67 million of this stock | 11/25/2024 |
9 | Billionaire Bill Gates Has 66 percent of His Foundations 45 Billion Portfolio Invested in 3 Phenomenal Stocks | 11/26/2024 |
10 | Robbins LLP Reminds Investors of WM Technology, Inc. to Seek Counsel for Information About the MAPS Class Action | 11/27/2024 |
11 | Disposition of 1860 shares by Kimberly Stith of Waste Management at 204.7585 subject to Rule 16b-3 | 11/29/2024 |
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.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0138 | 0.0166 | 0.0157 | 0.0158 | Price To Sales Ratio | 3.91 | 3.29 | 3.55 | 2.65 |
Waste Management Upcoming Company Events
As portrayed in its financial statements, the presentation of Waste Management's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Waste Management's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Waste Management's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Waste Management. Please utilize our Beneish M Score to check the likelihood of Waste Management's management manipulating its earnings.
| 12th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 12th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Waste Management
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
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. To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
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.