American Financial Statements From 2010 to 2026
| AWR Stock | USD 75.56 1.74 2.36% |
Check American States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American States' main balance sheet or income statement drivers, such as , as well as many indicators such as . American financial statements analysis is a perfect complement when working with American States Valuation or Volatility modules.
Check out the analysis of American States Correlation against competitors. American States Water Company Current Valuation Analysis
American States' Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current American States Current Valuation | 3.82 B |
Most of American States' fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, American States Water is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, American States Water has a Current Valuation of 3.82 B. This is 63.74% lower than that of the Water Utilities sector and significantly higher than that of the Utilities industry. The current valuation for all United States stocks is 77.02% higher than that of the company.
American States Water Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining American States's current stock value. Our valuation model uses many indicators to compare American States value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across American States competition to find correlations between indicators driving American States's intrinsic value. More Info.American States Water is rated third in return on equity category among its peers. It is number one stock in return on asset category among its peers reporting about 0.36 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for American States Water is roughly 2.80 . Comparative valuation analysis is a catch-all technique that is used if you cannot value American States by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About American States Financial Statements
American States shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although American States investors may analyze each financial statement separately, they are all interrelated. The changes in American States' assets and liabilities, for example, are also reflected in the revenues and expenses on on American States' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
American States Water Company, through its subsidiaries, provides water and electric services to residential, commercial, industrial, and other customers in the United States. American States Water Company was incorporated in 1929 and is based in San Dimas, California. American States operates under UtilitiesRegulated Water classification in the United States and is traded on New York Stock Exchange. It employs 808 people.
Pair Trading with American States
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American States position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American States will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
Moving against American Stock
The ability to find closely correlated positions to American States could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American States when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American States - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American States Water to buy it.
The correlation of American States is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American States moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American States Water moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American States can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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.