Waste Management Stock Forecast - Daily Balance Of Power
| WM Stock | USD 210.43 1.65 0.79% |
Waste Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Waste Management stock prices and determine the direction of Waste Management's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Waste Management's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Waste Management's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Waste Management's systematic risk associated with finding meaningful patterns of Waste Management fundamentals over time.
Check out Historical Fundamental Analysis of Waste Management to cross-verify your projections. Waste |
Open Interest Against 2024-04-26 Waste Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Waste Management's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Waste Management's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Waste Management stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Waste Management's open interest, investors have to compare it to Waste Management's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Waste Management is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Waste. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Waste Management cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Waste Management's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Waste Management's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Waste Management market sensitivity to bulls and bears. It estimates the ability of Waste Management buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Waste Management Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.5294 | 0.5375 |
| Check Waste Management Volatility | Backtest Waste Management | Information Ratio |
Waste Management Trading Date Momentum
| On April 24 2024 Waste Management was traded for 210.43 at the closing time. The highest price during the trading period was 210.71 and the lowest recorded bid was listed for 207.64 . The volume for the day was 1.5 M. This history from April 24, 2024 had no short-term effect on price fluctuation. The trading price change to the current price is 1.07% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Waste Management to competition |
Other Forecasting Options for Waste Management
For every potential investor in Waste, whether a beginner or expert, Waste Management's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Waste Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Waste. Basic forecasting techniques help filter out the noise by identifying Waste Management's price trends.Waste Management Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Waste Management stock to make a market-neutral strategy. Peer analysis of Waste Management could also be used in its relative valuation, which is a method of valuing Waste Management by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Waste Management Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Waste Management's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Waste Management's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Waste Management Market Strength Events
Market strength 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 undertsting and applying Waste Management stock market strength indicators, traders can identify Waste Management entry and exit signals to maximize returns.
| Accumulation Distribution | 22214.99 | |||
| Daily Balance Of Power | 0.5375 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 209.18 | |||
| Day Typical Price | 209.59 | |||
| Price Action Indicator | 2.08 | |||
| Period Momentum Indicator | 1.65 | |||
| Relative Strength Index | 35.52 |
Waste Management Risk Indicators
The analysis of Waste Management's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Waste Management's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting waste stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.5408 | |||
| Semi Deviation | 0.0886 | |||
| Standard Deviation | 0.9285 | |||
| Variance | 0.8621 | |||
| Downside Variance | 0.2726 | |||
| Semi Variance | 0.0078 | |||
| Expected Short fall | (0.70) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Waste Management Investors Sentiment
The influence of Waste Management's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Waste. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Waste Management's 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 Management. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Waste Management's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Waste Management's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Waste Management's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Waste Management.
Waste Management Implied Volatility | 59.44 |
Waste Management's implied volatility exposes the market's sentiment of Waste Management stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Waste Management's 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 Management stock will not fluctuate a lot when Waste Management's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Waste Management in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Waste Management's short interest history, or implied volatility extrapolated from Waste Management options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Waste Management is a strong investment it is important to analyze Waste Management's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Waste Management's future performance. For an informed investment choice regarding Waste Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Waste Management to cross-verify your projections. To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Waste Stock analysis
When running Waste Management's price analysis, check to measure Waste Management's 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 Management is operating at the current time. Most of Waste Management's value examination focuses on studying past and present price action to predict the probability of Waste Management's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Waste Management's price. Additionally, you may evaluate how the addition of Waste Management to your portfolios can decrease your overall portfolio volatility.
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Is Waste Management's industry 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 Management. 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 Management 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 0.01 | Dividend Share 2.8 | Earnings Share 5.66 | Revenue Per Share 50.447 | Quarterly Revenue Growth 0.057 |
The market value of Waste Management 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 Management's value that differs from its market value or its book value, called intrinsic value, which is Waste Management's 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 Management's market value can be influenced by many factors that don't directly affect Waste Management's 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 Management's value and its price as these two are different measures arrived at by different means. Investors typically determine if Waste Management is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Waste Management's 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.