American Competitors
AWR Stock | USD 85.03 0.98 1.17% |
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American |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of American States' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
American States Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between American States and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of American and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of American States Water does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between American Stock performing well and American States Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze American States' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
MSEX | 1.40 | 0.05 | 0.04 | 0.16 | 1.54 | 3.16 | 10.55 | |||
SJW | 1.08 | (0.11) | 0.00 | (0.27) | 0.00 | 1.94 | 6.24 | |||
YORW | 0.98 | (0.18) | 0.00 | (0.07) | 0.00 | 2.07 | 6.17 | |||
ARTNA | 1.16 | (0.12) | 0.00 | (0.08) | 0.00 | 2.37 | 12.09 | |||
CWT | 0.96 | (0.13) | 0.00 | (0.12) | 0.00 | 1.88 | 6.56 | |||
GWRS | 1.53 | 0.03 | 0.04 | 0.14 | 1.60 | 4.16 | 9.59 | |||
AWK | 0.92 | (0.02) | 0.00 | 1.97 | 0.00 | 1.78 | 5.42 | |||
WTRG | 0.88 | (0.02) | (0.08) | 0.08 | 1.15 | 1.88 | 6.96 | |||
CWCO | 1.49 | (0.11) | (0.03) | 0.05 | 1.76 | 3.68 | 9.18 |
Cross Equities Net Income Analysis
Compare American States Water and related stocks such as Middlesex Water, SJW Group Common, and York Water Net Income Over Time
Select Fundamental2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSEX | 3.2 M | 13.4 M | 14.4 M | 16.6 M | 18.4 M | 20 M | 22.7 M | 22.8 M | 32.5 M | 33.9 M | 38.4 M | 36.5 M | 42.4 M | 31.5 M | 33.1 M |
SJW | 8.6 M | 20.9 M | 22.3 M | 22.4 M | 51.8 M | 37.9 M | 52.8 M | 59.2 M | 38.8 M | 23.4 M | 61.5 M | 60.5 M | 73.8 M | 85 M | 89.2 M |
YORW | 2.3 M | 9.1 M | 9.3 M | 9.7 M | 11.5 M | 12.5 M | 11.8 M | 13 M | 13.4 M | 14.4 M | 16.6 M | 17 M | 19.6 M | 23.8 M | 24.9 M |
ARTNA | 1.2 M | 6.7 M | 9.8 M | 8.3 M | 9.5 M | 11.3 M | 13 M | 14 M | 14.3 M | 14.9 M | 16.8 M | 16.8 M | 18 M | 16.7 M | 9 M |
CWT | 12.5 M | 37.7 M | 48.8 M | 47.3 M | 56.7 M | 45 M | 48.7 M | 67.2 M | 65.6 M | 63.1 M | 96.8 M | 101.1 M | 96 M | 51.9 M | 38.4 M |
GWRS | 0.0 | 0.0 | 0.0 | 0.0 | 64.9 M | 21.4 M | (2.9 M) | 4.6 M | 3.1 M | 2.2 M | 1.1 M | 3.6 M | 5.5 M | 8 M | 7.7 M |
AWK | 46.9 M | 309.6 M | 358.1 M | 369.3 M | 423.1 M | 476 M | 468 M | 426 M | 567 M | 621 M | 709 M | 1.3 B | 820 M | 944 M | 991.2 M |
WTRG | 7.8 M | 143.1 M | 196.6 M | 221.3 M | 233.2 M | 201.8 M | 234.2 M | 239.7 M | 192 M | 224.5 M | 284.8 M | 431.6 M | 465.2 M | 498.2 M | 523.1 M |
CWCO | 400.6 M | 6.1 M | 9.3 M | 8.6 M | 6.3 M | 7.5 M | 4 M | 6.1 M | 11.3 M | 12.2 M | 9.3 M | 875.6 K | 9.3 M | 29.6 M | 31.1 M |
American States Water and related stocks such as Middlesex Water, SJW Group Common, and York Water Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in American States Water financial statement analysis. It represents the amount of money remaining after all of American States Water operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.American States Competitive Analysis
The better you understand American States competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, American States' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across American States' competition over several years is one of the best ways to analyze its investment potential.Better Than Average | Worse Than Peers | View Performance Chart |
American States Competition Performance Charts
Five steps to successful analysis of American States Competition
American States' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by American States Water in relation to its competition. American States' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of American States in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact American States' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to American States Water, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Non-Metallic and Industrial Metal Mining
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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.