Waste Connections Stock Technical Analysis
| WCN Stock | CAD 226.37 0.45 0.20% |
As of the 19th of April, Waste Connections maintains the Mean Deviation of 0.6376, market risk adjusted performance of (1.07), and Downside Deviation of 0.6393. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Waste Connections, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for Waste Connections, which can be compared to its peers. Please check out Waste Connections jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if Waste Connections is priced fairly, providing market reflects its latest price of 226.37 per share.
Waste Connections Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Waste, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to WasteWaste |
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.
Waste Connections Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Waste Connections volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Waste Connections Trend Analysis
Use this graph to draw trend lines for Waste Connections. You can use it to identify possible trend reversals for Waste Connections as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Waste Connections price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Waste Connections Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Waste Connections applied against its price change over selected period. The best fit line has a slop of 0.38 , which means Waste Connections will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5524.38, which is the sum of squared deviations for the predicted Waste Connections price change compared to its average price change.About Waste Connections Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Waste Connections on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Waste Connections based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Waste Connections price pattern first instead of the macroeconomic environment surrounding Waste Connections. By analyzing Waste Connections's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Waste Connections's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Waste Connections specific price patterns or momentum indicators. Please read more on our technical analysis page.
Waste Connections April 19, 2024 Technical Indicators
Most technical analysis of Waste help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Waste from various momentum indicators to cycle indicators. When you analyze Waste charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1095 | |||
| Market Risk Adjusted Performance | (1.07) | |||
| Mean Deviation | 0.6376 | |||
| Semi Deviation | 0.4057 | |||
| Downside Deviation | 0.6393 | |||
| Coefficient Of Variation | 582.09 | |||
| Standard Deviation | 0.9249 | |||
| Variance | 0.8554 | |||
| Information Ratio | 0.0976 | |||
| Jensen Alpha | 0.1569 | |||
| Total Risk Alpha | 0.0612 | |||
| Sortino Ratio | 0.1413 | |||
| Treynor Ratio | (1.08) | |||
| Maximum Drawdown | 6.18 | |||
| Value At Risk | (0.80) | |||
| Potential Upside | 1.61 | |||
| Downside Variance | 0.4087 | |||
| Semi Variance | 0.1646 | |||
| Expected Short fall | (0.80) | |||
| Skewness | 1.96 | |||
| Kurtosis | 8.03 |
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 tightly coupled 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Stocks Directory Find actively traded stocks across global markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |