American Capital Expenditures from 2010 to 2024

AWR Stock  USD 85.37  0.02  0.02%   
American States Capital Expenditures yearly trend continues to be relatively stable with very little volatility. Capital Expenditures is likely to grow to about 198 M this year. During the period from 2010 to 2024, American States Capital Expenditures destribution of quarterly values had range of 169.4 M from its regression line and mean deviation of  37,986,160. View All Fundamentals
 
Capital Expenditures  
First Reported
1994-03-31
Previous Quarter
61.7 M
Current Value
64.2 M
Quarterly Volatility
12.6 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check American States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American States' main balance sheet or income statement drivers, such as Interest Expense of 44.9 M, Total Revenue of 302.3 M or Gross Profit of 228.2 M, as well as many indicators such as Price To Sales Ratio of 5.24, Dividend Yield of 0.033 or PTB Ratio of 4.02. American financial statements analysis is a perfect complement when working with American States Valuation or Volatility modules.
  
Check out the analysis of American States Correlation against competitors.

Latest American States' Capital Expenditures Growth Pattern

Below is the plot of the Capital Expenditures of American States Water over the last few years. Capital Expenditures are funds used by American States Water to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of American States operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software. It is American States' Capital Expenditures historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American States' overall financial position and show how it may be relating to other accounts over time.
Capital Expenditures10 Years Trend
Slightly volatile
   Capital Expenditures   
       Timeline  

American Capital Expenditures Regression Statistics

Arithmetic Mean118,894,600
Geometric Mean108,034,433
Coefficient Of Variation39.75
Mean Deviation37,986,160
Median126,561,000
Standard Deviation47,260,150
Sample Variance2233.5T
Range169.4M
R-Value0.95
Mean Square Error230.1T
R-Squared0.90
Slope10,049,589
Total Sum of Squares31269.3T

American Capital Expenditures History

2024198 M
2023188.5 M
2022166.2 M
2021144.5 M
2020130.4 M
2019151.9 M
2018126.6 M

About American States Financial Statements

American States shareholders use historical fundamental indicators, such as Capital Expenditures, to determine how well the company is positioned to perform in the future. Although American States investors may analyze each financial statement separately, they are all interrelated. The changes in American States' assets and liabilities, for example, are also reflected in the revenues and expenses on on American States' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Capital Expenditures188.5 M198 M

Pair Trading with American States

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American States position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American States will appreciate offsetting losses from the drop in the long position's value.

Moving against American Stock

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The ability to find closely correlated positions to American States could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American States when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American States - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American States Water to buy it.
The correlation of American States is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American States moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American States Water moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American States can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for American Stock Analysis

When running American States' price analysis, check to measure American States' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American States is operating at the current time. Most of American States' value examination focuses on studying past and present price action to predict the probability of American States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American States' price. Additionally, you may evaluate how the addition of American States to your portfolios can decrease your overall portfolio volatility.