California Water Service Stock Price on April 9, 2024
| CWT Stock | USD 52.76 0.53 0.99% |
Below is the normalized historical share price chart for California Water Service extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of California Water stands at 52.76, as last reported on the 21st of May, with the highest price reaching 53.50 and the lowest price hitting 52.38 during the day.
If you're considering investing in California Stock, it is important to understand the factors that can impact its price. We consider California Water very steady. California Water Service secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for California Water Service, which you can use to evaluate the volatility of the firm. Please confirm California Water's Downside Deviation of 1.23, risk adjusted performance of 0.0817, and Mean Deviation of 1.08 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
At this time, California Water's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 4.9 B in 2024, whereas Other Stockholder Equity is likely to drop slightly above 609.2 M in 2024. . At this time, California Water's Price To Sales Ratio is comparatively stable compared to the past year. Price Earnings Ratio is likely to gain to 59.75 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 8.81 in 2024. California Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 48.8547 | 50 Day MA 47.6812 | Beta 0.473 |
California |
Sharpe Ratio = 0.1376
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Estimated Market Risk
| 1.38 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average California Water is performing at about 10% 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 California Water by adding it to a well-diversified portfolio.
Price Book 1.7949 | Enterprise Value Ebitda 17.2641 | Price Sales 3.2226 | Shares Float 57.2 M | Dividend Share 1.06 |
California Water Valuation on April 9, 2024
It is possible to determine the worth of California Water on a given historical date. On April 9, 2024 California was worth 46.72 at the beginning of the trading date compared to the closed value of 46.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of California Water stock. Still, in general, we apply an absolute valuation method to find California Water's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of California Water where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against California Water's related companies.
| Open | High | Low | Close | Volume | |
| 45.96 | 46.80 | 45.75 | 46.25 | 623,875 | |
04/09/2024 | 46.72 | 47.28 | 46.47 | 46.96 | 374,319 |
| 45.91 | 46.01 | 45.00 | 45.33 | 438,658 |
| Backtest California Water | | | California Water History | | | California Water Valuation | Previous | Next |
California Water Trading Date Momentum on April 9, 2024
| On April 10 2024 California Water Service was traded for 45.33 at the closing time. Highest California Water's price during the trading hours was 46.01 and the lowest price during the day was 45.00 . The net volume was 438.7 K. The overall trading history on the 10th of April contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 3.47% . The overall trading delta to current price is 4.58% . |
California Water Service Fundamentals Correlations and Trends
By evaluating California Water's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among California Water's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. California financial account trend analysis is a perfect complement when working with valuation or volatility modules.About California Water Stock history
California Water investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for California is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in California Water Service will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing California Water stock prices may prove useful in developing a viable investing in California Water
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 57 M | 39.2 M | |
| Net Income Applicable To Common Shares | 110.4 M | 115.9 M |
California Water Stock Technical Analysis
California Water technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
California Water Period Price Range
Low | April 9, 2024
| High |
46.72 | 46.96 |
California Water May 21, 2024 Market Strength
Market strength indicators help investors to evaluate how California Water stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading California Water shares will generate the highest return on investment. By undertsting and applying California Water stock market strength indicators, traders can identify California Water Service entry and exit signals to maximize returns
California Water Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for California Water's price direction in advance. Along with the technical and fundamental analysis of California Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of California to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0817 | |||
| Jensen Alpha | 0.1222 | |||
| Total Risk Alpha | 0.0089 | |||
| Sortino Ratio | 0.0817 | |||
| Treynor Ratio | 0.2478 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in California Water Service. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for California Stock analysis
When running California Water's price analysis, check to measure California 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 California Water is operating at the current time. Most of California Water's value examination focuses on studying past and present price action to predict the probability of California 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 California Water's price. Additionally, you may evaluate how the addition of California Water to your portfolios can decrease your overall portfolio volatility.
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Is California Water's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of California Water. If investors know California will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about California Water listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.469 | Dividend Share 1.06 | Earnings Share 2.52 | Revenue Per Share 16.257 | Quarterly Revenue Growth 1.065 |
The market value of California Water Service is measured differently than its book value, which is the value of California that is recorded on the company's balance sheet. Investors also form their own opinion of California Water's value that differs from its market value or its book value, called intrinsic value, which is California Water's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because California Water's market value can be influenced by many factors that don't directly affect California Water's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between California Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if California Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, California Water's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.