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CWST vs. WM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between CWST and WM is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

CWST vs. WM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Casella Waste Systems, Inc. (CWST) and Waste Management, Inc. (WM). The values are adjusted to include any dividend payments, if applicable.

400.00%600.00%800.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
376.27%
896.15%
CWST
WM

Key characteristics

Sharpe Ratio

CWST:

1.06

WM:

1.05

Sortino Ratio

CWST:

1.52

WM:

1.45

Omega Ratio

CWST:

1.20

WM:

1.23

Calmar Ratio

CWST:

1.53

WM:

1.58

Martin Ratio

CWST:

5.84

WM:

4.29

Ulcer Index

CWST:

3.98%

WM:

4.38%

Daily Std Dev

CWST:

21.83%

WM:

17.96%

Max Drawdown

CWST:

-98.52%

WM:

-77.85%

Current Drawdown

CWST:

-6.99%

WM:

-9.60%

Fundamentals

Market Cap

CWST:

$6.74B

WM:

$83.89B

EPS

CWST:

$0.11

WM:

$6.54

PE Ratio

CWST:

968.18

WM:

31.96

PEG Ratio

CWST:

7.52

WM:

2.23

Total Revenue (TTM)

CWST:

$1.49B

WM:

$21.39B

Gross Profit (TTM)

CWST:

$285.34M

WM:

$7.35B

EBITDA (TTM)

CWST:

$320.00M

WM:

$6.19B

Returns By Period

In the year-to-date period, CWST achieves a 24.00% return, which is significantly higher than WM's 16.57% return. Over the past 10 years, CWST has outperformed WM with an annualized return of 38.90%, while WM has yielded a comparatively lower 17.31% annualized return.


CWST

YTD

24.00%

1M

-2.82%

6M

7.91%

1Y

23.22%

5Y*

18.35%

10Y*

38.90%

WM

YTD

16.57%

1M

-6.77%

6M

-0.82%

1Y

17.99%

5Y*

14.68%

10Y*

17.31%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

CWST vs. WM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Casella Waste Systems, Inc. (CWST) and Waste Management, Inc. (WM). 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.


Sharpe ratio
The chart of Sharpe ratio for CWST, currently valued at 1.06, compared to the broader market-4.00-2.000.002.001.061.05
The chart of Sortino ratio for CWST, currently valued at 1.52, compared to the broader market-4.00-2.000.002.004.001.521.45
The chart of Omega ratio for CWST, currently valued at 1.20, compared to the broader market0.501.001.502.001.201.23
The chart of Calmar ratio for CWST, currently valued at 1.53, compared to the broader market0.002.004.006.001.531.58
The chart of Martin ratio for CWST, currently valued at 5.84, compared to the broader market-5.000.005.0010.0015.0020.0025.005.844.29
CWST
WM

The current CWST Sharpe Ratio is 1.06, which is comparable to the WM Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of CWST and WM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.06
1.05
CWST
WM

Dividends

CWST vs. WM - Dividend Comparison

CWST has not paid dividends to shareholders, while WM's dividend yield for the trailing twelve months is around 1.46%.


TTM20232022202120202019201820172016201520142013
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%
WM
Waste Management, Inc.
1.46%1.56%1.66%1.38%1.85%1.80%2.09%1.97%2.31%2.89%2.92%3.25%

Drawdowns

CWST vs. WM - Drawdown Comparison

The maximum CWST drawdown since its inception was -98.52%, which is greater than WM's maximum drawdown of -77.85%. Use the drawdown chart below to compare losses from any high point for CWST and WM. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.99%
-9.60%
CWST
WM

Volatility

CWST vs. WM - Volatility Comparison

Casella Waste Systems, Inc. (CWST) has a higher volatility of 5.06% compared to Waste Management, Inc. (WM) at 4.13%. This indicates that CWST's price experiences larger fluctuations and is considered to be riskier than WM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.06%
4.13%
CWST
WM

Financials

CWST vs. WM - Financials Comparison

This section allows you to compare key financial metrics between Casella Waste Systems, Inc. and Waste Management, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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