California Water Service Announces Over 175,000 in Grants to Support Local Fire Departments
| CWT Stock | USD 44.77 0.56 1.24% |
Slightly above 62% of California Water's investor base is looking to short. The analysis of overall sentiment of trading California Water Service stock suggests that many investors are alarmed at this time. California Water's investing sentiment can be driven by a variety of factors including economic data, California Water's earnings reports, geopolitical events, and overall market trends.
California |
California Water Service Announces Over 175,000 in Grants to Support Local Fire Departments
Read at kalkinemedia.com
 |
California Water Fundamental Analysis
We analyze California Water's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of California Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of California Water based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Earning
Price To Earning Comparative Analysis
California Water is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
California Water Service Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with California Water stock to make a market-neutral strategy. Peer analysis of California Water could also be used in its relative valuation, which is a method of valuing California Water by comparing valuation metrics with similar companies.
Peers
California Water Related Equities
| GWRS | Global Water | 0.26 | ||||
| CWCO | Consolidated Water | 0.23 | ||||
| AWK | American Water | 0.51 | ||||
| YORW | York Water | 0.70 | ||||
| WTRG | Essential Utilities | 0.77 | ||||
| ARTNA | Artesian Resources | 0.92 | ||||
| SJW | SJW Group | 1.06 | ||||
| AWR | American States | 1.45 | ||||
| MSEX | Middlesex Water | 2.38 |
Additional Tools for California Stock Analysis
When running California Water's price analysis, check to measure California Water's 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 California Water is operating at the current time. Most of California Water's value examination focuses on studying past and present price action to predict the probability of California Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move California Water's price. Additionally, you may evaluate how the addition of California Water to your portfolios can decrease your overall portfolio volatility.