Artesian Resources Stock Volatility
| ARTNA Stock | USD 32.16 0.12 0.37% |
Sharpe Ratio = -0.0155
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Artesian Resources's financial profile includes a Market Risk Adjusted Performance of -0.6%, a Risk of 1.43, and a Risk Adjusted Performance of -0.01%. Monthly performance data suggests the stock is falling short of its full potential.
Key indicators related to Artesian Resources' volatility include:90 Days Market Risk | Chance Of Distress | 90 Days Economic Sensitivity |
Key risk metrics for Artesian Resources (3 Months):
Beta 0.06 | Alpha -0.04 | Risk 1.43 | Sharpe Ratio -0.02 | Expected Return -0.02 |
Assets With Similar Volatility
| 0.78 | GWRS | Global Water Resources | PairCorr |
| 0.88 | YORW | The York Water Earnings Call Tomorrow | PairCorr |
| 0.72 | CDZI | Cadiz Inc | PairCorr |
| 0.87 | CWCO | Consolidated Water Co Earnings Call This Week | PairCorr |
| 0.78 | SOJE | Southern Company Series | PairCorr |
| 0.64 | SOJC | The Southern | PairCorr |
Lower Correlation Assets
| 0.61 | CMSA | CMS Energy | PairCorr |
| 0.49 | POM | POMDOCTOR LIMITED American | PairCorr |
| 0.33 | GUG | Guangdong Investment Limited | PairCorr |
Sensitivity To Market
Artesian Resources beta coefficient measures the volatility of Artesian stock relative to the systematic risk of the broad market benchmark. A beta of 0.0595 indicates the degree of sensitivity to market-wide movements. Current total volatility is approximately 1.43%. Artesian Resources has shown noticeable price swings over the selected period. Downside deviation is about 0.0% and standard deviation is about 1.48%, which summarize how widely returns have moved. For individual stocks, volatility often rises around earnings, guidance updates, and major company news.
3 Months Beta |Artesian Resources Demand TrendCurrent 90-day Artesian Resources correlation with market (Dow Jones Industrial)Downside Risk
Standard deviation measures how far Artesian returns deviate from the historical mean and remains a primary indicator of total price volatility. A large standard deviation signals wide price swings; a small one signals relative stability. Tracking Artesian standard deviation across time horizons shows whether volatility is expanding or contracting.
Standard Deviation | 1.43 |
It is essential to understand the difference between upside risk and downside risk for Artesian Resources. Total volatility includes favorable moves, while downside deviation isolates the loss risk in Artesian Resources' daily returns. Both total and downside risk metrics contribute to a thorough analysis of Artesian Resources. Artesian Resources's financial profile includes a Maximum Drawdown of 6.66.
Stock Volatility Analysis
Volatility refers to the frequency at which Artesian Resources stock price increases or decreases within a specified period. It is generally measured from either the standard deviation or variance between returns from that same stock. A stock with high volatility produces outsized gains or losses compared to a low-volatility alternative.
Transformation |
This analysis covers sixty-one data points across the selected time horizon. The Median Price transformation calculates the midpoint between Artesian Resources's high and low for each trading period. This provides a simple measure of the period's central tendency based on range extremes, ignoring the opening and closing levels. Compared to the typical or weighted close price, the median price gives equal weight to buyers and sellers at the extremes and is often used as a smoothed input for trend and momentum indicators.
Projected Return Density Against Market
Based on a 90-day horizon, Artesian Resources has a beta of 0.0595. This suggests as returns on the market go up, Artesian Resources's average returns tend to increase less than the benchmark. However, during a bear market, the loss from holding Artesian Resources tends to be smaller as well.Both systematic and unsystematic risks influence Artesian Resources. Market-wide movements drive the former, while company or sector-specific developments drive the latter. Beta estimates market responsiveness. Artesian Resources's financial profile includes a Mean Deviation of 1.13 and a Standard Deviation of 1.48.
Predicted Return Distribution |
| Density |
What Drives Artesian Resources' Price Volatility?
Industry Dynamics
Regulatory updates, demand shifts, and competitive changes in the Water Utilities sector can move Artesian Resources' volatility even when broad indices are stable.Political and Economic Environment
Rates, inflation expectations, and policy headlines can shift discount rates and risk appetite for Artesian Resources.Artesian Resources' Company-Specific Factors
Earnings surprises, guidance changes, management decisions, and litigation risk are common catalysts for sharp re-pricing in Artesian Resources' shares.Stock Risk Measures
Based on a 90-day horizon, the coefficient of variation of Artesian Resources is -6438.48. The daily returns are distributed with a variance of 2.03 and standard deviation of 1.43. The mean deviation of Artesian Resources is currently at 1.07. For similar time horizon, the selected benchmark (Dow Jones Industrial) has volatility of 0.96
α | Alpha over Dow Jones | -0.0354 | |
β | Beta against Dow Jones | 0.06 | |
σ | Overall volatility | 1.43 | |
Ir | Information ratio | -0.0225 |
Stock Return Volatility
Artesian Resources historical daily return volatility represents how much of Artesian Resources stock's daily returns swing around its mean - it is a statistical measure of its dispersion of returns. The company reported 1.4261% volatility on return distribution over a 90-day investment horizon. By contrast, Dow Jones Industrial reported 0.9166% volatility on return distribution over a 90-day investment horizon. Performance |
| Timeline |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
Strong recent returns in Artesian Stock do not always mean Artesian Resources Company is outperforming peers on business quality. Reviewing Artesian Resources' risk-adjusted indicators gives a clearer view of whether returns are being earned efficiently. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CDZI | 2.44 | 0.01 | 0.00 | 0.01 | 2.79 | 4.69 | 12.34 | |||
| PCYO | 1.62 | 0.06 | 0.03 | 0.06 | 2.19 | 3.43 | 11.90 | |||
| GWRS | 1.49 | -0.28 | 0.00 | -0.53 | 0.00 | 2.54 | 15.65 | |||
| NFE | 4.37 | -0.80 | 0.00 | -0.61 | 0.00 | 7.81 | 27.34 | |||
| YORW | 1.03 | -0.13 | 0.00 | 8.08 | 0.00 | 2.03 | 5.24 | |||
| RGCO | 1.74 | 0.07 | 0.03 | 0.14 | 2.03 | 4.28 | 14.48 | |||
| GNE | 1.44 | 0.06 | 0.03 | 0.07 | 1.93 | 2.80 | 9.30 | |||
| MNTK | 3.12 | -0.35 | 0.00 | -0.67 | 0.00 | 6.78 | 17.60 | |||
| CWCO | 1.46 | -0.14 | 0.00 | -0.24 | 0.00 | 2.88 | 12.07 |
Risk Metrics, Assumptions & Methodology
Standard deviation for Artesian Resources measures how widely returns scatter around their average over a given period. Return scatter increases when new information or regime shifts widen the distribution of outcomes. Artesian Resources has a market cap of 329.67 million, P/E of 29.66, ROE of 9.43%.
Artesian Resources figures are aggregated from periodic company reporting and market reference feeds and normalized across reporting formats. Sell-side coverage, where present, supplements the data shown. Volatility and downside metrics are estimated from historical return dispersion.
Editorial review and methodology oversight provided by: Raphi Shpitalnik, Junior Member of Macroaxis Editorial Board
Volatility Profile Summary
Recent data suggests that Artesian Resources is more volatile than Dow Jones Industrial by approximately 1.55x over the selected horizon. This differential reflects the relative dispersion of returns and frames how the asset responds to broader market conditions. Observed price behavior indicates modest directional movement within the current volatility regime. Across the current 90-day horizon, that places the security below 12% of the broader equity and portfolio universe on a pure volatility basis. This positioning reflects relative dispersion compared to peers rather than extreme instability.Artesian Resources with characteristics aligned to broad market upside participation. This price-change note interprets the latest move in the context of short-horizon trading behavior. It works best as a directional cue rather than as a standalone forecast. a normal upward fluctuation. Return distributions derived from historical modeling outline a range of potential outcomes over the selected 90-day horizon. View Artesian Resources probability analysis.
Moderate diversification
Across the chosen horizon, Artesian Resources and Dow Jones show a correlation of 0.33 and fall into the Moderate diversification bucket. The overlap area shows the portion of risk diversified away by holding both instruments together.
Additional Risk Indicators
A broader risk-indicator set for Artesian Resources extends the analysis beyond standard volatility and risk measures. These measures support both standalone risk assessment and portfolio-level analysis.
| Risk Adjusted Performance | -0.01 | |||
| Market Risk Adjusted Performance | -0.59 | |||
| Mean Deviation | 1.13 | |||
| Coefficient Of Variation | -5,808 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.2 | |||
| Information Ratio | -0.02 |
Artesian Resources Suggested Diversification Pairs
Pair analysis provides a framework for evaluating relative performance between Artesian Resources and comparable securities. This structure emphasizes relative performance differences between paired assets rather than broad market direction.
The effect of pair diversification on risk is to reduce it, but we should note this doesn't apply to all risk types. When we trade pairs against Artesian Resources as a counterpart, there is always some inherent risk that will never be diversified away no matter what. This volatility limits the effect of tactical diversification using pair trading. Artesian Resources' systematic risk is the inherent uncertainty of the entire market, and therefore cannot be mitigated even by pair-trading it against the equity that is not highly correlated to it. On the other hand, Artesian Resources' unsystematic risk describes the types of risk that we can protect against, at least to some degree, by selecting a matching pair that is not perfectly correlated to Artesian Resources.
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