Casella Waste Systems Stock Price on May 16, 2024
| CWST Stock | USD 97.14 2.08 2.19% |
Below is the normalized historical share price chart for Casella Waste Systems extending back to October 29, 1997. 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 Casella Waste stands at 97.14, as last reported on the 13th of June 2024, with the highest price reaching 97.89 and the lowest price hitting 96.38 during the day.
If you're considering investing in Casella Stock, it is important to understand the factors that can impact its price. We consider Casella Waste very steady. Casella Waste Systems secures Sharpe Ratio (or Efficiency) of 0.0199, which signifies that the company had a 0.0199% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Casella Waste Systems, which you can use to evaluate the volatility of the firm. Please confirm Casella Waste's Downside Deviation of 1.46, mean deviation of 1.04, and Risk Adjusted Performance of 0.0342 to double-check if the risk estimate we provide is consistent with the expected return of 0.0268%.
At this time, Casella Waste's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 2.7 B in 2024, whereas Common Stock is likely to drop slightly above 383.5 K in 2024. . At this time, Casella Waste's Price Fair Value is comparatively stable compared to the past year. Casella Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of October 1997 | 200 Day MA 86.9991 | 50 Day MA 95.8178 | Beta 0.974 |
Casella |
Sharpe Ratio = 0.0199
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| Negative Returns | CWST |
Estimated Market Risk
| 1.35 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Casella Waste is performing at about 1% of its full potential. 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 Casella Waste by adding it to a well-diversified portfolio.
Price Book 5.4057 | Enterprise Value Ebitda 25.1486 | Price Sales 4.368 | Shares Float 56.6 M | Wall Street Target Price 103.88 |
Casella Waste Valuation on May 16, 2024
It is possible to determine the worth of Casella Waste on a given historical date. On May 16, 2024 Casella was worth 97.86 at the beginning of the trading date compared to the closed value of 97.62. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Casella Waste stock. Still, in general, we apply an absolute valuation method to find Casella Waste's 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 Casella Waste where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Casella Waste's related companies.
| Open | High | Low | Close | Volume | |
| 98.40 | 98.64 | 96.03 | 97.61 | 226,861 | |
05/16/2024 | 97.86 | 98.35 | 96.90 | 97.62 | 137,196 |
| 97.66 | 98.68 | 97.19 | 98.55 | 130,806 |
| Backtest Casella Waste | | | Casella Waste History | | | Casella Waste Valuation | Previous | Next |
Casella Waste Trading Date Momentum on May 16, 2024
| On May 17 2024 Casella Waste Systems was traded for 98.55 at the closing time. The top price for the day was 98.68 and the lowest listed price was 97.19 . The trading volume for the day was 130.8 K. The trading history from May 17, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.95% . The overall trading delta against the current closing price is 2.43% . |
Casella Waste Systems Fundamentals Correlations and Trends
By evaluating Casella Waste's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Casella Waste's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Casella financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Casella Waste Stock history
Casella Waste 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 Casella is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Casella Waste Systems 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 Casella Waste stock prices may prove useful in developing a viable investing in Casella Waste
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 55.3 M | 34.7 M | |
| Net Income Applicable To Common Shares | 61 M | 64.1 M |
Casella Waste Stock Technical Analysis
Casella Waste 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.
Price Boundaries
Casella Waste Period Price Range
Low | May 16, 2024
| High |
97.86 | 97.62 |
Casella Waste June 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Casella Waste stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Casella Waste shares will generate the highest return on investment. By undertsting and applying Casella Waste stock market strength indicators, traders can identify Casella Waste Systems entry and exit signals to maximize returns
| Accumulation Distribution | 2022.72 | |||
| Daily Balance Of Power | (0.17) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 97.63 | |||
| Day Typical Price | 97.62 | |||
| Price Action Indicator | (0.12) | |||
| Period Momentum Indicator | (0.48) |
Casella Waste Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Casella Waste's price direction in advance. Along with the technical and fundamental analysis of Casella Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Casella 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.
| Risk Adjusted Performance | 0.0342 | |||
| Jensen Alpha | 0.0466 | |||
| Total Risk Alpha | 0.043 | |||
| Sortino Ratio | 0.0324 | |||
| Treynor Ratio | 0.0422 |
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Additional Tools for Casella Stock Analysis
When running Casella Waste's price analysis, check to measure Casella Waste'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 Casella Waste is operating at the current time. Most of Casella Waste's value examination focuses on studying past and present price action to predict the probability of Casella Waste's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Casella Waste's price. Additionally, you may evaluate how the addition of Casella Waste to your portfolios can decrease your overall portfolio volatility.