WCN·Waste Connections Inc.

Realized volatility (21d)

15.1% 41st pct

Below its peak

-22.8%

vs 200-day average

-5.9%

Up days (1y)

47%

Waste Connections Inc. is currently running 15.1% annualised volatility over the last 21 sessions. Measured against WCN's own 13 years of daily returns rather than a market-wide average, that is the 41st percentile — close to its own typical level, against a typical reading of 16.1%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

WCN is trading -22.8% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -12.2%, and the deepest was -32.2% in 2020. The current drawdown is already deeper than this stock's typical annual low point, which puts it in the part of its range where past recoveries began — and where past declines also continued.

Price sits -5.9% from its 200-day moving average. Against every other day in its history, that gap ranks at the 9th percentile — a narrower gap than it typically runs. Over the past year WCN closed higher on 47% of sessions, and it is currently 2 sessions into a rising streak.

On October specifically: over 13 years of records, WCN finished the month higher 6 of 13 times, with a median return of -0.6% and an average of +0.1%. Its strongest month historically has been November at +2.6% on average, its weakest September at -1.6%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: WCN has opened more than 2% away from the prior close in 58 of 3,267 sessions (1.8% of the time), with the largest gaps running +10.1% and -15.0%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

All figures computed from 3,268 daily closes between 2013-10-07 and 2026-10-05, split-adjusted, recomputed daily. Percentiles are against WCN's own 13-year history, not a peer group or index.