Waste Management Stock Price on May 12, 2024
| WM Stock | USD 209.92 1.59 0.76% |
Below is the normalized historical share price chart for Waste Management extending back to June 22, 1988. 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 Management stands at 209.92, as last reported on the 23rd of May, with the highest price reaching 210.39 and the lowest price hitting 208.03 during the day.
If you're considering investing in Waste Stock, it is important to understand the factors that can impact its price. We consider Waste Management very steady. Waste Management shows Sharpe Ratio of 0.0331, which attests that the company had a 0.0331% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Waste Management, which you can use to evaluate the volatility of the company. Please check out Waste Management's Market Risk Adjusted Performance of 0.1502, downside deviation of 0.6778, and Mean Deviation of 0.5159 to validate if the risk estimate we provide is consistent with the expected return of 0.0217%.
As of the 23rd of May 2024, Stock Based Compensation is likely to grow to about 118.7 M, while Total Stockholder Equity is likely to drop about 4.7 B. . At this time, Waste Management's Price Book Value Ratio is very stable compared to the past year. As of the 23rd of May 2024, Price Earnings To Growth Ratio is likely to grow to 6.63, while Price Earnings Ratio is likely to drop 21.46. Waste Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of June 1988 | 200 Day MA 182.2298 | 50 Day MA 209.5114 | Beta 0.723 |
Waste |
Sharpe Ratio = 0.0331
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WM |
Estimated Market Risk
| 0.65 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Waste Management is performing at about 2% 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 Waste Management by adding it to a well-diversified portfolio.
Price Book 11.9389 | Enterprise Value Ebitda 17.5582 | Price Sales 4.0348 | Shares Float 399.9 M | Dividend Share 2.85 |
Related Headline
Waste Connections Headline on 10th of May 2024
Disposition of 1500 shares by Michael Harlan of Waste Connec... by MacroaxisInsider
Filed transaction by Waste Connections Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Waste Management Valuation on May 12, 2024
It is possible to determine the worth of Waste Management on a given historical date. On May 12, 2024 Waste was worth 211.4 at the beginning of the trading date compared to the closed value of 211.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Waste Management stock. Still, in general, we apply an absolute valuation method to find Waste Management'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 Waste Management where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Waste Management's related companies.
| Open | High | Low | Close | Volume | |
| 210.27 | 210.97 | 209.59 | 210.50 | 1,318,852 | |
05/10/2024 | 211.40 | 212.28 | 210.72 | 211.49 | 1,081,920 |
| 211.12 | 212.28 | 210.20 | 210.82 | 1,264,290 |
| Backtest Waste Management | | | Waste Management History | | | Waste Management Valuation | Previous | Next |
Waste Management Trading Date Momentum on May 12, 2024
| On May 13 2024 Waste Management was traded for 210.82 at the closing time. The highest price during the trading period was 212.28 and the lowest recorded bid was listed for 210.20 . The volume for the day was 1.3 M. This history from May 13, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.32% . The trading price change to the current price is 0.61% . |
Waste Management Fundamentals Correlations and Trends
By evaluating Waste Management'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 Waste Management's 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 Management Stock history
Waste Management 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 Management 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 Management stock prices may prove useful in developing a viable investing in Waste Management
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 406.9 M | 402.9 M | |
| Net Income Applicable To Common Shares | 2.6 B | 2.7 B |
Waste Management Stock Technical Analysis
Waste Management 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
Waste Management Period Price Range
Low | May 10, 2024
| High |
211.40 | 211.49 |
Waste Management May 23, 2024 Market Strength
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 | 7950.8 | |||
| Daily Balance Of Power | 0.0577 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 211.5 | |||
| Day Typical Price | 211.5 | |||
| Price Action Indicator | 0.035 | |||
| Period Momentum Indicator | (1.57) |
Waste Management Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Waste Management's 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.
| Risk Adjusted Performance | 0.0584 | |||
| Jensen Alpha | 0.0296 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1402 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Waste Management. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Waste Stock, please use our How to Invest in Waste Management guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
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 0.346 | Dividend Share 2.85 | Earnings Share 6.1 | Revenue Per Share 51.287 | Quarterly Revenue Growth 0.055 |
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.