Current Water Technologies Stock Buy Hold or Sell Recommendation
| WATR Stock | CAD 0.03 0.01 16.67% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Current Water Technologies is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Current Water Technologies given historical horizon and risk tolerance towards Current Water. When Macroaxis issues a 'buy' or 'sell' recommendation for Current Water Technologies, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Current Water Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Current and provide practical buy, sell, or hold advice based on investors' constraints. Current Water Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Current |
Execute Current Water Buy or Sell Advice
The Current recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Current Water Technologies. Macroaxis does not own or have any residual interests in Current Water Technologies or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Current Water's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Weak | Details | |
Volatility | Out of control | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Current Water Trading Alerts and Improvement Suggestions
| Current Water Techno had very high historical volatility over the last 90 days | |
| Current Water Techno has some characteristics of a very speculative penny stock | |
| Current Water Technologies has accumulated 120 K in total debt with debt to equity ratio (D/E) of 1.3, which is about average as compared to similar companies. Current Water Techno has a current ratio of 0.55, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Current Water until it has trouble settling it off, either with new capital or with free cash flow. So, Current Water's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Current Water Techno sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Current to invest in growth at high rates of return. When we think about Current Water's use of debt, we should always consider it together with cash and equity. | |
| About 22.0% of Current Water outstanding shares are owned by insiders | |
| Latest headline from news.google.com: Victory Capital Management Inc. Sells 134,266 Shares of Watts Water Technologies, Inc. - MarketBeat |
Current Water Returns Distribution Density
The distribution of Current Water's historical returns is an attempt to chart the uncertainty of Current Water's future price movements. The chart of the probability distribution of Current Water daily returns describes the distribution of returns around its average expected value. We use Current Water Technologies price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Current Water returns is essential to provide solid investment advice for Current Water.
| Mean Return | 0.38 | Value At Risk | -25 | Potential Upside | 33.33 | Standard Deviation | 11.73 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Current Water historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Current Water Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (25.4K) | 60.3K | 502.8K | (516.6K) | (5.5K) | (5.3K) | |
| Free Cash Flow | 117.1K | (413.6K) | (1.1M) | (380.0K) | 164.3K | 172.5K | |
| Depreciation | 170.0K | 152.5K | 158.5K | 164.3K | 209.6K | 108.0K | |
| Capital Expenditures | 17.0K | 52.0K | 99.3K | 2.7K | 4K | 3.8K | |
| Net Income | 20.0K | (307.8K) | (1.6M) | (1.1M) | 447.2K | 469.5K | |
| End Period Cash Flow | 72.3K | 132.5K | 635.3K | 118.7K | 113.1K | 107.5K | |
| Other Non Cash Items | 596.5K | 778.9K | 311.0K | 339.4K | 390.3K | 288.3K | |
| Change To Inventory | (12.5K) | (187.7K) | 201.2K | (74.7K) | 134.2K | 140.9K | |
| Change To Netincome | 2.9M | 113.9K | 107.5K | 113.6K | 102.2K | 97.1K |
Current Water Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Current Water or Machinery sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Current Water's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Current stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.16 | |
β | Beta against Dow Jones | 1.69 | |
σ | Overall volatility | 11.92 | |
Ir | Information ratio | 0.02 |
Current Water Volatility Alert
Current Water Technologies is showing large volatility of returns over the selected time horizon. Current Water Technologies is a penny stock. Although Current Water may be in fact a good investment, many penny stocks are subject to artificial price hype. Make sure you completely understand the upside potential and downside risk of investing in Current Water Technologies. We encourage investors to look for signals such as message board hypes, claims of breakthroughs, email spams, sudden volume upswings, and other similar hype indicators. We also encourage traders to check biographies and work history of company officers before investing in instruments with high volatility. You can indeed make money on Current instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Current Water Fundamentals Vs Peers
Comparing Current Water's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Current Water's direct or indirect competition across all of the common fundamentals between Current Water and the related equities. This way, we can detect undervalued stocks with similar characteristics as Current Water or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Current Water's fundamental indicators could also be used in its relative valuation, which is a method of valuing Current Water by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Current Water to competition |
| Fundamentals | Current Water | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | -0.37 | -0.14 |
| Profit Margin | 0.03 % | (1.27) % |
| Operating Margin | (0.05) % | (5.51) % |
| Current Valuation | 6.33 M | 16.62 B |
| Shares Outstanding | 228.94 M | 571.82 M |
| Shares Owned By Insiders | 21.64 % | 10.09 % |
| Number Of Shares Shorted | 124.1 K | 4.71 M |
| Price To Book | 8.55 X | 9.51 X |
| Price To Sales | 3.42 X | 11.42 X |
| Revenue | 2.02 M | 9.43 B |
| Gross Profit | (630.86 K) | 27.38 B |
| EBITDA | (958.6 K) | 3.9 B |
| Net Income | 447.15 K | 570.98 M |
| Cash And Equivalents | 109.04 K | 2.7 B |
| Total Debt | 120 K | 5.32 B |
| Debt To Equity | 1.30 % | 48.70 % |
| Current Ratio | 0.56 X | 2.16 X |
| Book Value Per Share | 0 X | 1.93 K |
| Cash Flow From Operations | 168.31 K | 971.22 M |
| Short Ratio | 0.02 X | 4.00 X |
| Beta | 0.53 | -0.15 |
| Market Capitalization | 5.72 M | 19.03 B |
| Total Asset | 2.11 M | 29.47 B |
| Retained Earnings | (29.55 M) | 9.33 B |
| Working Capital | (174.18 K) | 1.48 B |
| Net Asset | 2.11 M |
Current Water Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Current . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.83 | |||
| Day Median Price | 0.025 | |||
| Day Typical Price | 0.025 | |||
| Price Action Indicator | (0) | |||
| Period Momentum Indicator | (0.01) | |||
| Relative Strength Index | 40.0 |
About Current Water Buy or Sell Advice
When is the right time to buy or sell Current Water Technologies? Buying financial instruments such as Current Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Current Stock Analysis
When running Current Water's price analysis, check to measure Current 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 Current Water is operating at the current time. Most of Current Water's value examination focuses on studying past and present price action to predict the probability of Current 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 Current Water's price. Additionally, you may evaluate how the addition of Current Water to your portfolios can decrease your overall portfolio volatility.