H2O Competitors
| HTO Stock | 52.37 1.23 2.29% |
H2O America vs American States Correlation
Average diversification
The correlation between H2O America and AWR is 0.11 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding H2O America and AWR in the same portfolio, assuming nothing else is changed.
Moving against H2O Stock
| 0.81 | POM | POMDOCTOR LIMITED | PairCorr |
| 0.79 | 2WI | Yunnan Water Investment | PairCorr |
| 0.64 | GUG | Guangdong Investment | PairCorr |
| 0.34 | TLN | Talen Energy | PairCorr |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of H2O America's 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.
H2O America Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between H2O America 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 H2O 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 H2O America does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between H2O Stock performing well and H2O America 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 H2O America's 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| EDN | 2.93 | (0.39) | 0.00 | (0.21) | 0.00 | 6.28 | 17.22 | |||
| NWN | 0.78 | 0.06 | (0.01) | 0.75 | 1.11 | 1.63 | 5.08 | |||
| WTTR | 1.97 | 0.04 | 0.04 | 0.10 | 2.05 | 5.33 | 12.69 | |||
| ELPC | 2.20 | 0.14 | 0.04 | 0.29 | 2.84 | 4.60 | 13.43 | |||
| CWT | 1.03 | (0.02) | (0.07) | (0.05) | 1.28 | 2.22 | 7.55 | |||
| MSEX | 1.23 | 0.04 | (0.01) | 0.23 | 1.50 | 2.13 | 13.32 | |||
| SPH | 0.91 | 0.16 | 0.06 | 1.97 | 1.16 | 1.81 | 5.48 | |||
| CTRI | 2.00 | 0.42 | 0.25 | 0.30 | 1.57 | 4.20 | 16.66 | |||
| HE | 1.92 | 0.56 | 0.21 | 0.95 | 1.90 | 4.54 | 12.14 | |||
| AWR | 0.77 | (0.03) | 0.00 | (0.14) | 0.00 | 1.53 | 5.99 |
Cross Equities Net Income Analysis
Compare H2O America and related stocks such as Empresa Distribuidora, Northwest Natural Gas, and Select Energy Services Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EDN | (582.7 M) | (435.4 M) | (1 B) | 771.7 M | (779.7 M) | 1.1 B | (1.2 B) | 682.2 M | 4.3 B | 24.9 B | (52 B) | (129.5 B) | (44 B) | 48.4 B | 272.1 B | 312.9 B | 328.6 B |
| NWN | 22.7 M | 63.9 M | 59.9 M | 60.5 M | 58.7 M | 53.7 M | 58.9 M | (55.6 M) | 64.6 M | 61.7 M | 76.8 M | 78.7 M | 86.3 M | 93.9 M | 78.9 M | 90.7 M | 53.5 M |
| WTTR | (81.9 M) | (81.9 M) | (81.9 M) | (81.9 M) | (81.9 M) | (81.9 M) | (1 M) | (16.8 M) | 36.5 M | 2.8 M | (338.7 M) | (42.2 M) | 48.3 M | 74.4 M | 30.6 M | 35.2 M | 37 M |
| ELPC | 453.4 M | 700.7 M | 1.1 B | 1.2 B | 1.1 B | 895.8 M | 1 B | 1.4 B | 2 B | 3.9 B | 5 B | 1.1 B | 2.3 B | 454.3 M | 2.8 B | 3.2 B | 3.4 B |
| 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 | 190.8 M | 219.4 M | 230.4 M |
| 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 | 44.4 M | 51 M | 53.6 M |
| SPH | 33.6 M | 1.9 M | 78.8 M | 94.5 M | 84.4 M | 14.4 M | 38 M | 76.5 M | 68.6 M | 60.8 M | 122.8 M | 139.7 M | 123.8 M | 74.2 M | 106.6 M | 122.6 M | 70.2 M |
| CTRI | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 64 M | 40.5 M | (168.1 M) | (186.2 M) | (6.7 M) | (6.1 M) | (6.4 M) |
| HE | 39 M | 140.1 M | 140.5 M | 163.4 M | 170.2 M | 161.8 M | 250.1 M | 167.2 M | 203.7 M | 217.9 M | 197.8 M | 246.2 M | 241.1 M | 199.2 M | (1.4 B) | (1.3 B) | (1.2 B) |
| AWR | 6.2 M | 45.9 M | 54.1 M | 62.7 M | 61.1 M | 60.5 M | 59.7 M | 69.4 M | 63.9 M | 84.3 M | 86.4 M | 94.3 M | 78.4 M | 124.9 M | 119.3 M | 137.2 M | 144 M |
H2O America and related stocks such as Empresa Distribuidora, Northwest Natural Gas, and Select Energy Services Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in H2O America financial statement analysis. It represents the amount of money remaining after all of H2O America operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.H2O America Competitive Analysis
The better you understand H2O America competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, H2O America's 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 H2O America's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
H2O America Competition Performance Charts
Five steps to successful analysis of H2O America Competition
H2O America's 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 H2O America in relation to its competition. H2O America's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of H2O America 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 H2O America's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to H2O America, 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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Check out H2O America Correlation with its peers. To learn how to invest in H2O Stock, please use our How to Invest in H2O America guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Will Water Utilities sector continue expanding? Could H2O diversify its offerings? Factors like these will boost the valuation of H2O America. Market participants price H2O higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every H2O America data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.361 | Dividend Share 1.62 | Earnings Share 3 | Revenue Per Share | Quarterly Revenue Growth 0.122 |
The market value of H2O America is measured differently than its book value, which is the value of H2O that is recorded on the company's balance sheet. Investors also form their own opinion of H2O America's value that differs from its market value or its book value, called intrinsic value, which is H2O America's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because H2O America's market value can be influenced by many factors that don't directly affect H2O America'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 H2O America's value and its price as these two are different measures arrived at by different means. Investors typically determine if H2O America is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Meanwhile, H2O America's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.