Water Ways Technologies Stock Performance
| WWT Stock | CAD 0.01 0.01 100.00% |
Water Ways holds a performance score of 7 on a scale of zero to a hundred. The firm maintains a market beta of -8.45, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Water Ways are expected to decrease by larger amounts. On the other hand, during market turmoil, Water Ways is expected to outperform it. Use Water Ways Technologies downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to analyze future returns on Water Ways Technologies.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Water Ways Technologies are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Water Ways showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:1 | Dividend Date 2019-03-19 | Last Split Date 2019-03-06 |
1 | Water Ways Technologies Shifts Focus to Canada - TipRanks | 10/01/2024 |
| Begin Period Cash Flow | 1.1 M |
Water |
Water Ways Relative Risk vs. Return Landscape
If you would invest 1.50 in Water Ways Technologies on August 31, 2024 and sell it today you would lose (0.50) from holding Water Ways Technologies or give up 33.33% of portfolio value over 90 days. Water Ways Technologies is currently producing 2.957% returns and takes up 29.3407% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Water, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Water Ways Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Water Ways' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Water Ways Technologies, and traders can use it to determine the average amount a Water Ways' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1008
| Best Portfolio | Best Equity | |||
| Good Returns | WWT | |||
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| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 29.34 actual daily | 96 96% of assets are less volatile |
Expected Return
| 2.96 actual daily | 59 59% of assets have lower returns |
Risk-Adjusted Return
| 0.1 actual daily | 7 93% of assets perform better |
Based on monthly moving average Water Ways is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Water Ways by adding it to a well-diversified portfolio.
Water Ways Fundamentals Growth
Water Stock prices reflect investors' perceptions of the future prospects and financial health of Water Ways, and Water Ways fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Water Stock performance.
| Return On Equity | -90.0 | |||
| Return On Asset | -0.28 | |||
| Profit Margin | (0.79) % | |||
| Operating Margin | (0.25) % | |||
| Current Valuation | 4.31 M | |||
| Shares Outstanding | 148.78 M | |||
| Price To Book | 5.90 X | |||
| Price To Sales | 0.33 X | |||
| Revenue | 6.62 M | |||
| Gross Profit | 2.96 M | |||
| EBITDA | (2.81 M) | |||
| Net Income | (3.23 M) | |||
| Cash And Equivalents | 2 M | |||
| Cash Per Share | 0.02 X | |||
| Total Debt | 1.86 M | |||
| Debt To Equity | 33.90 % | |||
| Current Ratio | 1.61 X | |||
| Book Value Per Share | (0.01) X | |||
| Cash Flow From Operations | (1.38 M) | |||
| Earnings Per Share | (0.04) X | |||
| Market Capitalization | 1.49 M | |||
| Total Asset | 4.45 M | |||
| Retained Earnings | (9.02 M) | |||
| Working Capital | (850 K) | |||
About Water Ways Performance
Evaluating Water Ways' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Water Ways has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Water Ways has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 97.31 | 52.21 | |
| Return On Tangible Assets | (0.78) | (0.82) | |
| Return On Capital Employed | 42.55 | 44.68 | |
| Return On Assets | (0.73) | (0.76) | |
| Return On Equity | 2.49 | 2.62 |
Things to note about Water Ways Technologies performance evaluation
Checking the ongoing alerts about Water Ways for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Water Ways Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Water Ways is way too risky over 90 days horizon | |
| Water Ways has some characteristics of a very speculative penny stock | |
| Water Ways appears to be risky and price may revert if volatility continues | |
| Water Ways has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 6.62 M. Net Loss for the year was (3.23 M) with profit before overhead, payroll, taxes, and interest of 2.96 M. | |
| Water Ways Technologies has accumulated about 2 M in cash with (1.38 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 35.0% of the company outstanding shares are owned by insiders |
- Analyzing Water Ways' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Water Ways' stock is overvalued or undervalued compared to its peers.
- Examining Water Ways' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Water Ways' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Water Ways' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Water Ways' stock. These opinions can provide insight into Water Ways' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Water Stock Analysis
When running Water Ways' price analysis, check to measure Water Ways' 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 Water Ways is operating at the current time. Most of Water Ways' value examination focuses on studying past and present price action to predict the probability of Water Ways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Water Ways' price. Additionally, you may evaluate how the addition of Water Ways to your portfolios can decrease your overall portfolio volatility.