Waste Connections Stock Price Prediction
| WCN Stock | USD 189.01 0.00 0.00% |
Oversold Vs Overbought
57
Oversold | Overbought |
Quarterly Earnings Growth 0.339 | EPS Estimate Next Quarter 1.24 | EPS Estimate Current Year 4.8267 | EPS Estimate Next Year 5.4178 | Wall Street Target Price 195.2632 |
Using Waste Connections hype-based prediction, you can estimate the value of Waste Connections from the perspective of Waste Connections response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Waste Connections using Waste Connections' stock options and short interest. It helps to benchmark the overall future attitude of investors towards Waste using crowd psychology based on the activity and movement of Waste Connections' stock price.
Waste Connections Short Interest
An investor who is long Waste Connections may also wish to track short interest. As short interest increases, investors should be becoming more worried about Waste Connections and may potentially protect profits, hedge Waste Connections with its derivative instruments, or be ready for some potential downside.
200 Day MA 174.1006 | Short Percent 0.005 | Short Ratio 1.51 | Shares Short Prior Month 1.2 M | 50 Day MA 180.9292 |
Waste Connections Hype to Price Pattern
Investor biases related to Waste Connections' public news can be used to forecast risks associated with an investment in Waste. The trend in average sentiment can be used to explain how an investor holding Waste can time the market purely based on public headlines and social activities around Waste Connections. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Waste Connections' market sentiment to its price can help taders to make decisions based on the overall investors consensus about Waste Connections.
Waste Connections Implied Volatility | 0.12 |
Waste Connections' implied volatility exposes the market's sentiment of Waste Connections stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Waste Connections' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Waste Connections stock will not fluctuate a lot when Waste Connections' options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Waste Connections to buy its stock at a price that has no basis in reality. In that case, they are not buying Waste because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Waste Connections after-hype prediction price | USD 188.97 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Waste contract
Based on the Rule 16, the options market is currently suggesting that Waste Connections will have an average daily up or down price movement of about 0.0075% per day over the life of the 2024-12-20 option contract. With Waste Connections trading at USD 189.01, that is roughly USD 0.0142 . If you think that the market is fully incorporating Waste Connections' daily price movement you should consider acquiring Waste Connections options at the current volatility level of 0.12%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Waste |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Waste Connections' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Waste Connections After-Hype Price Prediction Density Analysis
As far as predicting the price of Waste Connections at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Waste Connections or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Waste Connections, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Waste Connections Estimiated After-Hype Price Volatility
In the context of predicting Waste Connections' stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Waste Connections' historical news coverage. Waste Connections' after-hype downside and upside margins for the prediction period are 188.07 and 189.87, respectively. We have considered Waste Connections' daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Waste Connections is very steady at this time. Analysis and calculation of next after-hype price of Waste Connections is based on 3 months time horizon.
Waste Connections Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Waste Connections is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Waste Connections backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Waste Connections, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.03 | 0.91 | 0.04 | 0.00 | 9 Events / Month | 4 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
189.01 | 188.97 | 0.02 |
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Waste Connections Hype Timeline
On the 22nd of November Waste Connections is traded for 189.01. The entity has historical hype elasticity of -0.04, and average elasticity to hype of competition of 0.0. Waste is forecasted to decline in value after the next headline, with the price expected to drop to 188.97. The average volatility of media hype impact on the company price is about 68.42%. The price depreciation on the next news is expected to be -0.02%, whereas the daily expected return is at this time at 0.03%. The volatility of related hype on Waste Connections is about 883.5%, with the expected price after the next announcement by competition of 189.01. About 90.0% of the company outstanding shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.09. Waste Connections last dividend was issued on the 7th of November 2024. The entity had 3:2 split on the 19th of June 2017. Considering the 90-day investment horizon the next forecasted press release will be in about 9 days. Check out Waste Connections Basic Forecasting Models to cross-verify your projections.Waste Connections Related Hype Analysis
Having access to credible news sources related to Waste Connections' direct competition is more important than ever and may enhance your ability to predict Waste Connections' future price movements. Getting to know how Waste Connections' peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Waste Connections may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| PDEX | Pro Dex | 1.60 | 11 per month | 3.87 | 0.26 | 9.99 | (5.23) | 28.08 | |
| PCYO | Pure Cycle | (0.12) | 6 per month | 1.38 | 0.14 | 3.71 | (3.22) | 13.79 | |
| QRHC | Quest Resource Holding | 0.09 | 9 per month | 0.00 | (0.11) | 3.13 | (4.18) | 18.55 | |
| AAVXF | ABIVAX Socit Anonyme | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SCRYY | SCOR PK | 0.00 | 0 per month | 2.05 | 0.11 | 5.61 | (4.09) | 12.99 | |
| 444859BR2 | HUMANA INC | 1.28 | 27 per month | 0.00 | (0.05) | 5.93 | (4.60) | 16.62 | |
| AQUI | Aquagold International | 0.00 | 0 per month | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SCRYX | Small Cap Core | 0.00 | 0 per month | 0.96 | 0.01 | 2.39 | (1.69) | 7.88 | |
| MSTSX | Morningstar Unconstrained Allocation | (1.82) | 1 per month | 0.52 | (0.09) | 1.21 | (1.02) | 2.80 | |
| LBHIX | Thrivent High Yield | 0.00 | 0 per month | 0.00 | (0.39) | 0.24 | (0.24) | 0.96 |
Waste Connections Additional Predictive Modules
Most predictive techniques to examine Waste price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Waste using various technical indicators. When you analyze Waste charts, please remember that the event formation may indicate an entry point for a short seller, and look at 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 |
About Waste Connections Predictive Indicators
The successful prediction of Waste Connections stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Waste Connections, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Waste Connections based on analysis of Waste Connections hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Waste Connections's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Waste Connections's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.006133 | 0.00684 | 0.006321 | 0.005458 | Price To Sales Ratio | 5.79 | 4.73 | 4.79 | 2.89 |
Story Coverage note for Waste Connections
The number of cover stories for Waste Connections depends on current market conditions and Waste Connections' risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Waste Connections is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Waste Connections' long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Waste Connections Short Properties
Waste Connections' future price predictability will typically decrease when Waste Connections' long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Waste Connections often depends not only on the future outlook of the potential Waste Connections' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Waste Connections' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 258.1 M | |
| Cash And Short Term Investments | 78.4 M |
Check out Waste Connections Basic Forecasting Models to cross-verify your projections. To learn how to invest in Waste Stock, please use our How to Invest in Waste Connections guide.You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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 3.64 | 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.