Global Water Resources Stock Market Value
| GWRS Stock | USD 11.30 0.06 0.53% |
| Symbol | Global |
Global Water Resources Price To Book Ratio
Is Water Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Global Water. If investors know Global will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Global Water listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.61) | Dividend Share 0.301 | Earnings Share 0.24 | Revenue Per Share | Quarterly Revenue Growth 0.071 |
The market value of Global Water Resources is measured differently than its book value, which is the value of Global that is recorded on the company's balance sheet. Investors also form their own opinion of Global Water's value that differs from its market value or its book value, called intrinsic value, which is Global Water's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Global Water's market value can be influenced by many factors that don't directly affect Global Water's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Global Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Global Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Global Water's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Global Water 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Global Water's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Global Water.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Global Water on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Global Water Resources or generate 0.0% return on investment in Global Water over 90 days. Global Water is related to or competes with Middlesex Water, California Water, American States, Artesian Resources, SJW Group, and York Water. Global Water Resources, Inc., a water resource management company, owns, operates, and manages regulated water, wastewat... More
Global Water Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Global Water's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Global Water Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.71 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 2.31 |
Global Water Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Global Water's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Global Water's standard deviation. In reality, there are many statistical measures that can use Global Water historical prices to predict the future Global Water's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | 0.0284 | |||
| Treynor Ratio | (0.53) |
Global Water Resources Backtested Returns
Global Water Resources holds Efficiency (Sharpe) Ratio of -0.0994, which attests that the entity had a -0.0994 % return per unit of risk over the last 3 months. Global Water Resources exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Global Water's Market Risk Adjusted Performance of (0.52), risk adjusted performance of (0.08), and Standard Deviation of 1.58 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Global Water's returns are expected to increase less than the market. However, during the bear market, the loss of holding Global Water is expected to be smaller as well. At this point, Global Water Resources has a negative expected return of -0.15%. Please make sure to check out Global Water's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Global Water Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.54 |
Modest predictability
Global Water Resources has modest predictability. Overlapping area represents the amount of predictability between Global Water time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Global Water Resources price movement. The serial correlation of 0.54 indicates that about 54.0% of current Global Water price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Global Water Resources lagged returns against current returns
Autocorrelation, which is Global Water stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Global Water's stock expected returns. We can calculate the autocorrelation of Global Water returns to help us make a trade decision. For example, suppose you find that Global Water has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Global Water regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Global Water stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Global Water stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Global Water stock over time.
Current vs Lagged Prices |
| Timeline |
Global Water Lagged Returns
When evaluating Global Water's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Global Water stock have on its future price. Global Water autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Global Water autocorrelation shows the relationship between Global Water stock current value and its past values and can show if there is a momentum factor associated with investing in Global Water Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Global Stock Analysis
When running Global Water's price analysis, check to measure Global 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 Global Water is operating at the current time. Most of Global Water's value examination focuses on studying past and present price action to predict the probability of Global 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 Global Water's price. Additionally, you may evaluate how the addition of Global Water to your portfolios can decrease your overall portfolio volatility.