Waste Connections (Germany) Market Value

UI51 Stock  EUR 168.75  0.65  0.38%   
Waste Connections' market value is the price at which a share of Waste Connections trades on a public exchange. It measures the collective expectations of Waste Connections investors about its performance. Waste Connections is trading at 168.75 as of the 15th of March 2025. This is a 0.38 percent decrease since the beginning of the trading day. The stock's lowest day price was 166.95.
With this module, you can estimate the performance of a buy and hold strategy of Waste Connections and determine expected loss or profit from investing in Waste Connections over a given investment horizon. Check out Waste Connections Correlation, Waste Connections Volatility and Waste Connections Alpha and Beta module to complement your research on Waste Connections.
For more detail on how to invest in Waste Stock please use our How to Invest in Waste Connections guide.
Symbol

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.

Waste Connections 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Waste Connections' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Waste Connections.
0.00
12/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/15/2025
0.00
If you would invest  0.00  in Waste Connections on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Waste Connections or generate 0.0% return on investment in Waste Connections over 90 days. Waste Connections is related to or competes with China Railway, UNIVERSAL MUSIC, TITAN MACHINERY, IMPERIAL TOBACCO, ALEFARM BREWING, and Japan Tobacco. Waste Connections, Inc., a solid waste services company, provides waste collection, transfer, disposal, and recycling se... More

Waste Connections Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Waste Connections' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Waste Connections upside and downside potential and time the market with a certain degree of confidence.

Waste Connections Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Waste Connections' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Waste Connections' standard deviation. In reality, there are many statistical measures that can use Waste Connections historical prices to predict the future Waste Connections' volatility.
Hype
Prediction
LowEstimatedHigh
168.07169.25170.43
Details
Intrinsic
Valuation
LowRealHigh
146.07147.25186.18
Details

Waste Connections Backtested Returns

Waste Connections shows Sharpe Ratio of close to zero, which attests that the company had a close to zero % return per unit of risk over the last 3 months. Waste Connections exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Waste Connections' Mean Deviation of 0.8993, market risk adjusted performance of (0.61), and Standard Deviation of 1.18 to validate the risk estimate we provide. The firm maintains a market beta of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Waste Connections' returns are expected to increase less than the market. However, during the bear market, the loss of holding Waste Connections is expected to be smaller as well. At this point, Waste Connections has a negative expected return of -0.0027%. Please make sure to check out Waste Connections' potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if Waste Connections performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.64  

Very good reverse predictability

Waste Connections has very good reverse predictability. Overlapping area represents the amount of predictability between Waste Connections time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Waste Connections price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Waste Connections price fluctuation can be explain by its past prices.
Correlation Coefficient-0.64
Spearman Rank Test-0.1
Residual Average0.0
Price Variance8.67

Waste Connections lagged returns against current returns

Autocorrelation, which is Waste Connections stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Waste Connections' stock expected returns. We can calculate the autocorrelation of Waste Connections returns to help us make a trade decision. For example, suppose you find that Waste Connections has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Waste Connections regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Waste Connections stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Waste Connections stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Waste Connections stock over time.
   Current vs Lagged Prices   
       Timeline  

Waste Connections Lagged Returns

When evaluating Waste Connections' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Waste Connections stock have on its future price. Waste Connections autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Waste Connections autocorrelation shows the relationship between Waste Connections stock current value and its past values and can show if there is a momentum factor associated with investing in Waste Connections.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Waste Stock

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 Waste Connections Correlation, Waste Connections Volatility and Waste Connections Alpha and Beta module to complement your research on Waste Connections.
For more detail on how to invest in Waste Stock please use our How to Invest in Waste Connections guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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...