The York Water Stock Market Value
| YORW Stock | USD 35.84 0.14 0.39% |
| Symbol | York |
York Water 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 York Water. If investors know York 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 York 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 (0.23) | Dividend Share 0.843 | Earnings Share 1.48 | Revenue Per Share 5.176 | Quarterly Revenue Growth 0.051 |
The market value of York Water is measured differently than its book value, which is the value of York that is recorded on the company's balance sheet. Investors also form their own opinion of York Water's value that differs from its market value or its book value, called intrinsic value, which is York 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 York Water's market value can be influenced by many factors that don't directly affect York 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 York Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if York Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, York 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.
York 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 York 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 York Water.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in York Water on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding The York Water or generate 0.0% return on investment in York Water over 180 days. York Water is related to or competes with Middlesex Water, California Water, Consolidated Water, American States, and Artesian Resources. The York Water Company impounds, purifies, and distributes drinking water More
York 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 York 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 The York Water upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 6.17 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 2.07 |
York Water Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for York Water's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as York Water's standard deviation. In reality, there are many statistical measures that can use York Water historical prices to predict the future York Water's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.11) |
York Water Backtested Returns
York Water shows Sharpe Ratio of -0.073, which attests that the company had a -0.073% return per unit of risk over the last 3 months. York Water exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out York Water's Market Risk Adjusted Performance of (0.10), standard deviation of 1.3, and Mean Deviation of 0.9659 to validate the risk estimate we provide. The firm maintains a market beta of 0.94, which attests to possible diversification benefits within a given portfolio. York Water returns are very sensitive to returns on the market. As the market goes up or down, York Water is expected to follow. At this point, York Water has a negative expected return of -0.096%. Please make sure to check out York Water's treynor ratio, accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and day median price , to decide if York Water performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.54 |
Good reverse predictability
The York Water has good reverse predictability. Overlapping area represents the amount of predictability between York Water time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of York Water price movement. The serial correlation of -0.54 indicates that about 54.0% of current York Water price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 1.26 |
York Water lagged returns against current returns
Autocorrelation, which is York 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 York Water's stock expected returns. We can calculate the autocorrelation of York Water returns to help us make a trade decision. For example, suppose you find that York 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 |
York 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 York Water stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if York Water stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in York Water stock over time.
Current vs Lagged Prices |
| Timeline |
York Water Lagged Returns
When evaluating York Water's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of York Water stock have on its future price. York 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, York Water autocorrelation shows the relationship between York Water stock current value and its past values and can show if there is a momentum factor associated with investing in The York Water.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for York Stock Analysis
When running York Water's price analysis, check to measure York 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 York Water is operating at the current time. Most of York Water's value examination focuses on studying past and present price action to predict the probability of York 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 York Water's price. Additionally, you may evaluate how the addition of York Water to your portfolios can decrease your overall portfolio volatility.