Water Competitors

Pink Sheets . USA . 
Stock . Water Ways Technologies
WWTIF Stock  USD 0.01  0.00  0.00%   
Water Ways Technologies competes with Lion Electric, Nikola Corp, Buhler Industries, Toyota Industries, and Hydrofarm Holdings; as well as few others. The company classifies itself under Industrials sector and is part of Farm & Heavy Construction Machinery industry. Analyzing Water Ways competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Water Ways to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Water Ways Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Water Ways competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
0.000.0112.44
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Intrinsic
Valuation
LowRealHigh
0.000.0112.44
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Naive
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LowNextHigh
0.00020.0112.44
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.010.010.01
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Water Ways Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Water Ways and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Water 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 Water Ways Technologies does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
NKLA
+ 0.8
LEV
ARTW
+ 0.76
NKLA
CEAD
+ 0.62
LEV
TYIDY
+ 0.58
NKLA
ARTW
+ 0.58
TYIDY
ARTW
+ 0.47
LEV
  
High negative correlations   
GENC
- 0.76
LEV
GENC
- 0.69
NKLA
ARTW
- 0.43
GENC
ARTW
- 0.43
HYFM
CEAD
- 0.29
GENC
GENC
- 0.26
TYIDY

Risk-Adjusted Indicators

There is a big difference between Water Pink Sheet performing well and Water Ways 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 Water Ways' 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.
All Fundamental Data

Water Ways Competitive Analysis

The better you understand Water Ways competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Water Ways' 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 Water Ways' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
WWTIF LEV NKLA BIIAF TYIDY HYFM GENC CEAD ARTW
 0.00 
 0.01 
Water
 4.55 
 0.21 
Lion
 3.96 
 2.10 
Nikola
 0.00 
 1.88 
Buhler
 0.45 
 75.33 
Toyota
 10.96 
 0.81 
Hydrofarm
 0.36 
 22.42 
Gencor
 0.33 
 5.98 
CEA
 2.34 
 1.67 
Arts
Market Volatility
(90 Days Market Risk)
Out of control
Abnormally volatile
Dangerous
Very steady
Very steady
Abnormally volatile
Not too volatile
Slightly risky
Unstable
Market Performance
(90 Days Performance)
Insignificant
Very Weak
Very Weak
Very Weak
Very Weak
Good
Modest
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Above Average
Very High
Quite High
Low
Above Average
Low
Below Average
Low
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Under Valued
Fairly Valued
Fairly Valued
Under Valued
Over Valued
Over Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Hold
Buy
Not Available
Not Available
Hold
Strong Sell
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Cautious Hold
Hold
Hold
Strong Sell
Hold
Strong Sell
Hold
Current Ratio
1.47
3.57
1.75
1.66
1.62
3.83
11.32
3.36
1.46
Net Asset
12.09 M
841.12 M
1.27 B
N/A
7.63 T
507.64 M
195.75 M
13.77 M
24.4 M
Profit Margin
-0.0493
-0.74
N/A
0.0112
0.0583
-0.32
0.14
-1.0
-0.0331
EBITDA
(4.97 M)
(59.04 M)
(736.28 M)
(2.72 M)
477.14 B
(17.51 M)
16.26 M
(2.82 M)
2.34 M
Operating Margin
-0.0979
-0.96
-5.77
-0.022
0.0506
-0.19
0.078
-0.27
0.0262
Current Valuation
18.56 M
412.72 M
277.47 M
70.14 M
25.24 B
181.75 M
211.29 M
(5.25 M)
15.96 M
Price To Book
1.99
0.18
0.32
0.58
0.63
0.14
1.68
0.47
0.76
Retained Earnings
N/A
(255.75 M)
(3.07 B)
N/A
831.63 B
(490.74 M)
167.53 M
(37.19 M)
7.02 M
Current Asset
N/A
N/A
N/A
N/A
1.17 T
N/A
123.42 M
N/A
19.21 M
Five Year Return
N/A
N/A
N/A
N/A
2.29
N/A
N/A
N/A
1.21
Beta
1.44
2.57
2.08
0.16
0.84
1.84
0.4
1.08
0.4
Number Of Employees
7
1.35 K
870
760
71.78 K
369
314
10
93
Shares Outstanding
145.82 M
226.22 M
60.87 M
25 M
310.48 M
46.14 M
12.34 M
791.58 K
5.03 M
Cash Flow From Operations
(1.31 M)
(110.04 M)
(496.18 M)
(26.2 M)
321.08 B
7.04 M
10.2 M
(6.13 M)
(55.19 K)
Annual Yield
N/A
N/A
N/A
N/A
0.0234
N/A
N/A
N/A
N/A
Total Debt
489 K
316.9 M
284.86 M
65.61 M
922.01 B
183.93 M
328 K
386.35 K
8.15 M
Return On Equity
-0.25
-0.38
-1.29
-0.0045
0.0499
-0.24
0.0869
-0.25
-0.0505
Z Score
52.6
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Return On Asset
-0.0652
-0.0848
-0.31
0.0022
0.0136
-0.0436
0.0483
-0.14
7.0E-4
Book Value Per Share
0.016
1.24
6.86
3.55
11829.05
5.27
13.28
18.22
2.22
Number Of Shares Shorted
N/A
3.31 M
14.71 M
N/A
N/A
1.2 M
21.03 K
4.99 K
21.42 K
Current Liabilities
N/A
N/A
N/A
N/A
656.47 B
N/A
8.19 M
N/A
7.71 M
Total Asset
12.09 M
841.12 M
1.27 B
N/A
7.63 T
507.64 M
195.75 M
13.77 M
24.4 M
Debt To Equity
0.51
0.18
0.54
0.72
0.41
0.45
0.003
0.031
0.78
Short Ratio
N/A
18.76
3.12
N/A
N/A
12.12
3.2
0.61
0.92
Target Price
N/A
0.63
12.0
N/A
N/A
0.7
19.0
N/A
7.0
Last Dividend Paid
N/A
N/A
N/A
N/A
180.0
N/A
N/A
N/A
N/A
Shares Owned By Institutions
N/A
5.42
24.73
N/A
0.007
25.45
59.41
2.1
3.27
Market Capitalization
42.29 M
49.77 M
122.95 M
36.03 M
18.27 B
33.49 M
327.45 M
4.75 M
8.6 M
Price To Earning
N/A
2.03
N/A
6.88
13.82
6.87
65.72
N/A
34.05
Price To Earnings To Growth
N/A
N/A
-0.1
N/A
N/A
-0.03
N/A
N/A
N/A
Price To Sales
1.44
0.28
1.63
0.16
0.0057
0.17
2.89
1.5
0.34
Net Income
(5.41 M)
(103.77 M)
(864.62 M)
(363 K)
180.31 B
(64.81 M)
14.67 M
(2.91 M)
762.79 K
Earnings Per Share
-0.04
-0.58
-12.34
0.22
4.5
-1.4
1.1
-4.38
-0.11
Shares Owned By Insiders
36.09
46.19
4.0
96.79
N/A
18.6
17.22
21.72
53.43
Revenue
16.16 M
253.5 M
35.84 M
229.88 M
2.71 T
226.58 M
105.08 M
6.91 M
30.28 M
Working Capital
N/A
210.96 M
312.31 M
N/A
513.67 B
90.41 M
164.79 M
12.11 M
5.69 M
Cash And Equivalents
1.83 M
83 M
319.94 M
24.62 M
674.63 B
16.49 M
110.59 M
20.61 M
4.14 K
Cash Per Share
0.01
0.44
0.67
0.99
N/A
0.37
7.55
2.59
N/A
Gross Profit
2.96 M
(12.95 M)
(104.76 M)
26.46 M
607.68 B
36.8 M
20.54 M
2.93 M
7.31 M
Day Typical Price
0.0085
0.21
2.1
1.88
75.29
0.78
22.47
5.98
1.69
Accumulation Distribution
N/A
97985.64
1.4 M
N/A
53.85
57331.76
576.77
23.13
403.0
Market Facilitation Index
N/A
N/A
N/A
N/A
1.0E-4
N/A
0.0
0.0
0.0
Daily Balance Of Power
0.0
(0.50)
0.2963
0.0
0.5965
0.6667
0.1379
(0.50)
(0.31)
Period Momentum Indicator
N/A
(0.01)
0.08
N/A
0.34
0.08
0.08
(0.02)
(0.04)
Rate Of Daily Change
1.0
0.95
1.04
1.0
1.0
1.11
1.0
1.0
0.98
Day Median Price
0.0085
0.21
2.09
1.88
75.27
0.76
22.49
5.98
1.69
Price Action Indicator
N/A
(0.01)
0.045
N/A
0.23
0.09
(0.03)
(0.01)
(0.04)
Relative Strength Index
37.42
17.34
32.03
N/A
47.14
34.99
62.81
43.6
54.06
Coefficient Of Variation
1717.77
(578.03)
(391.13)
N/A
(29,062)
933.87
800.03
(1,173)
(2,351)
Mean Deviation
2.91
4.92
4.43
N/A
1.64
3.43
1.57
1.87
1.91
Jensen Alpha
0.7752
(1.55)
(2.00)
N/A
(0.12)
0.6127
0.0218
(0.25)
(0.26)
Total Risk Alpha
(1.22)
(2.57)
(2.76)
N/A
(0.39)
(0.27)
(0.08)
(0.63)
(0.55)
Sortino Ratio
N/A
N/A
N/A
N/A
N/A
0.1075
0.0786
N/A
N/A
Downside Variance
N/A
N/A
N/A
N/A
N/A
15.56
3.35
N/A
N/A
Standard Deviation
12.24
7.76
6.66
N/A
2.38
5.18
2.2
2.55
2.72
Kurtosis
40.97
4.09
3.46
N/A
5.23
4.68
2.55
1.57
5.41
Potential Upside
N/A
12.5
6.76
N/A
3.03
14.06
4.16
3.93
4.0
Treynor Ratio
(1.16)
(0.84)
(0.73)
N/A
(0.02)
(0.97)
0.1316
(1.41)
(0.11)
Maximum Drawdown
132.92
41.71
42.89
N/A
13.53
27.94
12.08
13.35
18.3
Variance
149.7
60.18
44.41
N/A
5.64
26.85
4.83
6.52
7.41
Market Risk Adjusted Performance
(1.15)
(0.83)
(0.72)
N/A
(0.01)
(0.96)
0.1416
(1.40)
(0.10)
Risk Adjusted Performance
0.054
(0.12)
(0.19)
N/A
0.0041
0.0906
0.1024
(0.06)
(0.03)
Skewness
4.51
(0.16)
0.3394
N/A
(1.66)
1.72
0.89
(0.87)
1.32
Semi Deviation
N/A
N/A
N/A
N/A
N/A
3.24
1.61
N/A
N/A
Information Ratio
0.0475
(0.19)
(0.28)
N/A
(0.06)
0.0818
0.0655
(0.14)
(0.09)
Value At Risk
N/A
(14.71)
(12.50)
N/A
(3.16)
(5.88)
(3.52)
(5.09)
(4.15)
Expected Short fall
N/A
N/A
N/A
N/A
N/A
(4.75)
(1.83)
N/A
N/A
Downside Deviation
N/A
N/A
N/A
N/A
N/A
3.94
1.83
N/A
N/A
Semi Variance
N/A
N/A
N/A
N/A
N/A
10.48
2.59
N/A
N/A

Water Ways Competition Performance Charts

Five steps to successful analysis of Water Ways Competition

Water Ways' 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 Water Ways Technologies in relation to its competition. Water Ways' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Water Ways 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 Water Ways' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Water Ways Technologies, 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.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

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Personal Services
Personal Services Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 constituents at this time.
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Other Information on Investing in Water Pink Sheet

Water Ways financial ratios help investors to determine whether Water Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Water with respect to the benefits of owning Water Ways security.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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