ac investment research

Should I Buy NYSE:CLH Stock? (12% Forecasted Return) | CLH Clean Harbors Stock Forecast



The various qualitative factors in the criteria help to identify strengths and weaknesses within a company's future liquidity position that numerical ratios might not fully capture. While there is no size bias in our liquidity assessment, generally, lower-rated entities might meet the quantitative requirements for strong or exceptional liquidity but fail to meet corresponding qualitative factors.Our view of a company's financial policy is an important input when assessing its current and future liquidity position. For instance, we assess whether a company has historically had a higher risk appetite and an aggressive acquisition strategy that has strained its liquidity position, or whether it has taken actions to preserve liquidity in past downturns. We estimate CLH Clean Harbors stock forecast parameters by: Price Channels with Lasso Regression because of derivatives receivables represent more than 5% of total assets for entities reporting under IFRS (or under local GAAP similar to IFRS for the accounting of derivatives) and are domiciled in countries for which our BICRA group is '5' and above. (12% Forecasted Return)

NYSE:CLH Stock Forecast (Buy or Sell) as of 24 Jun 2022 for (n+1 year)

Stock: CLH Clean Harbors

Time series to forecast n: 24 Jun 2022 for (n+1 year)

x axis:Likelihood %
y axis:Potential Impact %
z axis:Color (yellow to green) Technical Analysis %

Stock Forecast Criteria and Models for CLH Clean Harbors

  • The analysis of specific instruments includes consideration of priorities within an obligor's capital structure and the potential effects of collateral and recovery estimates in the event of the obligor's default. The analysis may apply notching to instruments that rank above or below their obligor's senior, unsecured debt. For example, subordinated debt would generally receive a rating below the senior debt rating. Conversely, secured debt may receive a rating above the unsecured debt rating.
  • Because of inconsistencies in data reported by institutions in different jurisdictions, we apply a single risk weight for a wide variety of corporate risks. The broad category for corporate exposure includes direct exposure to corporate entities, income-producing commercial real estate, object finance, purchased receivables, and project finance. RACF does not differentiate between large, blue chip corporates, and small and midsize enterprises (SMEs).
  • We deduct the value of intangibles created through mergers and acquisitions (M&A) from reported capital. Such intangibles include the premium to acquire core deposits and credit card relationships.
  • In certain exceptional cases, we may consider deducting a greater amount of DTAs that arise from timing differences than the amount resulting from the calculation in the previous paragraphs. This may be the case when both the regulatory deduction of such DTAs (that arise from timing differences) is higher than the deduction described in the previous paragraph and we consider that this higher deduction appropriately reflects the risks of unexpected losses embedded in the stock of DTAs accumulated by the institution.
  • RACF regards a guaranteed exposure as a direct exposure to the guarantor, provided that the guarantee is eligible for this kind of substitution under regulatory guidelines. For example, a corporate exposure that is guaranteed by a bank is viewed in RACF as a direct exposure to that bank.
  • We deduct reported goodwill and nonservicing intangible assets from reported equity to calculate ACE, net of any related deferred tax (i.e., by adding back the associated deferred tax liability);
  • For business entities, future income and cash flows may come primarily from ongoing operations or investments. For governmental entities, income and cash flows may come primarily from taxes. In some cases, other resources, including liquid assets or, in the case of a sovereign obligor, the ability to print currency, may be relevant.

Assumptions Underlying The Forecast Model for CLH Clean Harbors

Investments should be able to be quickly liquidated without requiring deep discounts to their carrying value. This does not preclude long-term investments from being included. It does, however, exclude large stakes in non-liquid equity investments.

Frequently Asked QuestionsQ: Is CLH Clean Harbors stock buy or sell?
A: The various qualitative factors in the criteria help to identify strengths and weaknesses within a company's future liquidity position that numerical ratios might not fully capture. While there is no size bias in our liquidity assessment, generally, lower-rated entities might meet the quantitative requirements for strong or exceptional liquidity but fail to meet corresponding qualitative factors.
Q: Is CLH Clean Harbors stock expected to go up?
A: Our view of a company's financial policy is an important input when assessing its current and future liquidity position. For instance, we assess whether a company has historically had a higher risk appetite and an aggressive acquisition strategy that has strained its liquidity position, or whether it has taken actions to preserve liquidity in past downturns.
Q: What is the forecast for CLH Clean Harbors ?
A: Investments should be able to be quickly liquidated without requiring deep discounts to their carrying value. This does not preclude long-term investments from being included. It does, however, exclude large stakes in non-liquid equity investments.
Q: What is the consensus rating of CLH Clean Harbors ?
A: The consensus rating for CLH Clean Harbors is 73.
Q: What are the risks of investing CLH Clean Harbors ?
A: We use risk analysis for CLH Clean Harbors because of derivatives receivables represent more than 5% of total assets for entities reporting under IFRS (or under local GAAP similar to IFRS for the accounting of derivatives) and are domiciled in countries for which our BICRA group is '5' and above.


CLH Clean Harbors
AC Investment Research

In our experiment, we focus on an approach known as Decision making using game theory. We apply principles from game theory to model the relationships between rating actions, news, market signals and decision making.

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