CWST vs. NECB
CWST (Casella Waste Systems, Inc.) and NECB (Northeast Community Bancorp, Inc.) are both stocks. CWST operates in Waste Management (Industrials), while NECB operates in Banks - Regional (Financial Services). Over the past 10 years, CWST returned 27.47%/yr vs 20.05%/yr for NECB. At a 0.08 correlation, their price movements are largely independent.
Performance
CWST vs. NECB - Performance Comparison
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Returns By Period
In the year-to-date period, CWST achieves a -13.64% return, which is significantly lower than NECB's 12.47% return. Over the past 10 years, CWST has outperformed NECB with an annualized return of 27.47%, while NECB has yielded a comparatively lower 20.05% annualized return.
CWST
- 1D
- -1.54%
- 1M
- -1.01%
- YTD
- -13.64%
- 6M
- -14.76%
- 1Y
- -27.45%
- 3Y*
- -2.94%
- 5Y*
- 5.07%
- 10Y*
- 27.47%
NECB
- 1D
- 0.00%
- 1M
- 2.21%
- YTD
- 12.47%
- 6M
- 16.17%
- 1Y
- 16.71%
- 3Y*
- 24.55%
- 5Y*
- 19.82%
- 10Y*
- 20.05%
CWST vs. NECB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CWST Casella Waste Systems, Inc. | -13.64% | -7.44% | 23.81% | 7.75% | -7.15% | 37.89% | 34.59% | 61.57% | 23.76% | 85.50% |
NECB Northeast Community Bancorp, Inc. | 12.47% | -3.51% | 41.77% | 20.41% | 38.91% | 10.09% | 16.28% | 9.72% | 11.13% | 29.67% |
Correlation
The correlation between CWST and NECB is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006 | 0.08 |
The correlation between CWST and NECB shifts across timeframes, from 0.08 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CWST:
$5.37B
NECB:
$338.05M
CWST:
$0.11
NECB:
$2.49
CWST:
752.15
NECB:
10.03
CWST:
2.86
NECB:
2.90
CWST:
3.43
NECB:
0.95
CWST:
$1.88B
NECB:
$116.88M
CWST:
$248.24M
NECB:
$77.77M
CWST:
$405.88M
NECB:
$48.19M
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Return for Risk
CWST vs. NECB — Risk / Return Rank
CWST
NECB
CWST vs. NECB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Casella Waste Systems, Inc. (CWST) and Northeast Community Bancorp, Inc. (NECB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| CWST | NECB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.46 | ||
| Sortino ratioReturn per unit of downside risk | -2.22 | ||
| Omega ratioGain probability vs. loss probability | 0.87 | 1.12 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | 0.89 | -1.64 |
| Martin ratioReturn relative to average drawdown | -1.29 | 1.82 | -3.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CWST | NECB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.83 | 0.63 | -1.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.19 | 0.80 | -0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | 0.69 | +0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.23 | -0.14 |
Drawdowns
CWST vs. NECB - Drawdown Comparison
The maximum CWST drawdown since its inception was -98.52%, which is greater than NECB's maximum drawdown of -61.91%. Use the drawdown chart below to compare losses from any high point for CWST and NECB.
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Drawdown Indicators
| CWST | NECB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.52% | -61.91% | -36.61% |
Max Drawdown (1Y)Largest decline over 1 year | -36.69% | -18.77% | -17.92% |
Max Drawdown (3Y)Largest decline over 3 years | -37.72% | -34.54% | -3.18% |
Max Drawdown (5Y)Largest decline over 5 years | -37.72% | -34.54% | -3.18% |
Max Drawdown (10Y)Largest decline over 10 years | -37.72% | -47.80% | +10.08% |
Current DrawdownCurrent decline from peak | -29.73% | -14.67% | -15.06% |
Average DrawdownAverage peak-to-trough decline | -53.03% | -24.87% | -28.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 21.30% | 9.20% | +12.10% |
Volatility
CWST vs. NECB - Volatility Comparison
Casella Waste Systems, Inc. (CWST) has a higher volatility of 8.94% compared to Northeast Community Bancorp, Inc. (NECB) at 5.72%. This indicates that CWST's price experiences larger fluctuations and is considered to be riskier than NECB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CWST | NECB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.94% | 5.72% | +3.22% |
Volatility (6M)Calculated over the trailing 6-month period | 27.33% | 16.20% | +11.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.24% | 26.81% | +6.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.17% | 24.87% | +2.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.88% | 29.13% | +1.75% |
Dividends
CWST vs. NECB - Dividend Comparison
CWST has not paid dividends to shareholders, while NECB's dividend yield for the trailing twelve months is around 4.00%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CWST Casella Waste Systems, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NECB Northeast Community Bancorp, Inc. | 4.00% | 4.20% | 2.29% | 1.01% | 2.82% | 1.82% | 1.09% | 1.00% | 1.08% | 1.19% | 1.52% | 1.69% |
Financials
CWST vs. NECB - Financials Comparison
This section allows you to compare key financial metrics between Casella Waste Systems, Inc. and Northeast Community Bancorp, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
CWST and NECB have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CWST has higher volatility (8.94%) compared to NECB (5.72%). In terms of maximum drawdown, CWST dropped -98.52% vs NECB's -61.91%.
NECB currently has the higher Sharpe Ratio (0.63 vs -0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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