NECB vs. CWST
NECB (Northeast Community Bancorp, Inc.) and CWST (Casella Waste Systems, Inc.) are both stocks. NECB operates in Banks - Regional (Financial Services), while CWST operates in Waste Management (Industrials). Over the past 10 years, NECB returned 20.05%/yr vs 27.47%/yr for CWST. At a 0.08 correlation, their price movements are largely independent.
Performance
NECB vs. CWST - Performance Comparison
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Returns By Period
In the year-to-date period, NECB achieves a 12.47% return, which is significantly higher than CWST's -13.64% return. Over the past 10 years, NECB has underperformed CWST with an annualized return of 20.05%, while CWST has yielded a comparatively higher 27.47% annualized return.
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
- 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 vs. CWST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Correlation
The correlation between NECB and CWST 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 NECB and CWST shifts across timeframes, from 0.08 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
NECB:
$338.05M
CWST:
$5.37B
NECB:
$2.49
CWST:
$0.11
NECB:
10.03
CWST:
752.15
NECB:
2.90
CWST:
2.86
NECB:
0.95
CWST:
3.43
NECB:
$116.88M
CWST:
$1.88B
NECB:
$77.77M
CWST:
$248.24M
NECB:
$48.19M
CWST:
$405.88M
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Return for Risk
NECB vs. CWST — Risk / Return Rank
NECB
CWST
NECB vs. CWST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Northeast Community Bancorp, Inc. (NECB) and Casella Waste Systems, Inc. (CWST). 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.
| NECB | CWST | 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 | 1.12 | 0.87 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.89 | -0.75 | +1.64 |
| Martin ratioReturn relative to average drawdown | 1.82 | -1.29 | +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
| NECB | CWST | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | -0.83 | +1.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.19 | +0.61 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.89 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.09 | +0.14 |
Drawdowns
NECB vs. CWST - Drawdown Comparison
The maximum NECB drawdown since its inception was -61.91%, smaller than the maximum CWST drawdown of -98.52%. Use the drawdown chart below to compare losses from any high point for NECB and CWST.
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Drawdown Indicators
| NECB | CWST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.91% | -98.52% | +36.61% |
Max Drawdown (1Y)Largest decline over 1 year | -18.77% | -36.69% | +17.92% |
Max Drawdown (3Y)Largest decline over 3 years | -34.54% | -37.72% | +3.18% |
Max Drawdown (5Y)Largest decline over 5 years | -34.54% | -37.72% | +3.18% |
Max Drawdown (10Y)Largest decline over 10 years | -47.80% | -37.72% | -10.08% |
Current DrawdownCurrent decline from peak | -14.67% | -29.73% | +15.06% |
Average DrawdownAverage peak-to-trough decline | -24.87% | -53.03% | +28.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.20% | 21.30% | -12.10% |
Volatility
NECB vs. CWST - Volatility Comparison
The current volatility for Northeast Community Bancorp, Inc. (NECB) is 5.72%, while Casella Waste Systems, Inc. (CWST) has a volatility of 8.94%. This indicates that NECB experiences smaller price fluctuations and is considered to be less risky than CWST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NECB | CWST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.72% | 8.94% | -3.22% |
Volatility (6M)Calculated over the trailing 6-month period | 16.20% | 27.33% | -11.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.81% | 33.24% | -6.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.87% | 27.17% | -2.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.13% | 30.88% | -1.75% |
Dividends
NECB vs. CWST - Dividend Comparison
NECB's dividend yield for the trailing twelve months is around 4.00%, while CWST has not paid dividends to shareholders.
| 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
NECB vs. CWST - Financials Comparison
This section allows you to compare key financial metrics between Northeast Community Bancorp, Inc. and Casella Waste Systems, 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
NECB and CWST 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, NECB dropped -61.91% vs CWST's -98.52%.
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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