Waste Connections Stock Price on August 5, 2024

WCN Stock  USD 178.78  1.14  0.64%   
Below is the normalized historical share price chart for Waste Connections extending back to June 05, 2009. 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 178.78, as last reported on the 6th of November, with the highest price reaching 178.90 and the lowest price hitting 177.52 during the day.
IPO Date
20th of May 1998
200 Day MA
172.3612
50 Day MA
181.1456
Beta
0.718
 
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. Waste Connections shows Sharpe Ratio of -0.0089, which attests that the company had a -0.0089% return per unit of risk over the last 3 months. Waste Connections exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Waste Connections' Downside Deviation of 0.8793, market risk adjusted performance of 0.0439, and Mean Deviation of 0.611 to validate the risk estimate we provide.
  
At this time, Waste Connections' Sale Purchase Of Stock is very stable compared to the past year. As of the 6th of November 2024, Issuance Of Capital Stock is likely to grow to about 1.2 M, while Common Stock Shares Outstanding is likely to drop about 200.6 M. . As of the 6th of November 2024, Price To Free Cash Flows Ratio is likely to grow to 33.23, while Price To Sales Ratio is likely to drop 2.88. Waste Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0089

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsWCN

Estimated Market Risk

 0.81
  actual daily
7
93% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Waste Connections 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 Connections by adding Waste Connections to a well-diversified portfolio.
Price Book
5.5478
Enterprise Value Ebitda
20.7256
Price Sales
5.2712
Shares Float
257.1 M
Dividend Share
1.14

Related Headline

Stericycle Headline on 5th of August 2024

Park Place Capital Corp cut its holdings in Stericycle, Inc. by 28.0 percent during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 614 shares of the business services providers stock after selling 2 shares during the period. Park Place Capital

Waste Connections Valuation on August 5, 2024

It is possible to determine the worth of Waste Connections on a given historical date. On August 5, 2024 Waste was worth 175.5 at the beginning of the trading date compared to the closed value of 176.13. 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
  177.74    179.95    176.85    179.20    1,058,689  
08/05/2024
  175.50    178.65    173.34    176.13    1,669,069  
  177.02    179.83    176.20    177.38    905,905  
Backtest Waste Connections  |  Waste Connections History  |  Waste Connections Valuation   PreviousNext  
Open Value
175.5
173.07
Downside
176.13
Closing Value
177.93
Upside

Waste Connections Trading Date Momentum on August 5, 2024

On August 06 2024 Waste Connections was traded for  177.38  at the closing time. Highest Waste Connections's price during the trading hours was 179.83  and the lowest price during the day was  176.20 . The net volume was 905.9 K. The overall trading history on the 6th of August contributed to the next trading period price boost. The trading price change to the next next day price was 0.71% . The trading price change to current price is 3.39% .

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
November 6, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Waste Connections cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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 November 6, 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 main economic indicators.
To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.
You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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 Connections. 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 Connections 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
0.339
Dividend Share
1.14
Earnings Share
3.66
Revenue Per Share
33.72
Quarterly Revenue Growth
0.133
The market value of Waste Connections 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 Connections' value that differs from its market value or its book value, called intrinsic value, which is Waste Connections' 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 Connections' market value can be influenced by many factors that don't directly affect Waste Connections' 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 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.