California Water Service Stock Performance
| CWT Stock | USD 48.42 0.49 1.02% |
California Water has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.17, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, California Water will likely underperform. California Water Service right now shows a risk of 1.53%. Please confirm California Water Service treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if California Water Service will be following its price patterns.
Risk-Adjusted Performance
6 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in California Water Service are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively abnormal basic indicators, California Water may actually be approaching a critical reversion point that can send shares even higher in May 2024. ...more
Actual Historical Performance (%)
One Day Return 1.02 | Five Day Return 5.77 | Year To Date Return (6.69) | Ten Year Return 114.82 | All Time Return 2.7 K |
Forward Dividend Yield 0.0234 | Payout Ratio 0.4309 | Last Split Factor 2:1 | Forward Dividend Rate 1.12 | Dividend Date 2024-05-17 |
| California Water dividend paid on 23rd of February 2024 | 02/23/2024 |
1 | California Water Service Group Q4 Earnings and Revenues Lag Estimates | 02/29/2024 |
2 | Disposition of 1327 shares by Shannon Dean of California Water at 45.53 subject to Rule 16b-3 | 03/01/2024 |
3 | Disposition of 203 shares by Shawn Bunting of California Water at 46.24 subject to Rule 16b-3 | 03/07/2024 |
4 | Director Of California Water Servs Gr Purchased 112K In Stock | 03/08/2024 |
5 | Amex GBT to Acquire CWT | 03/25/2024 |
6 | Shareholders in California Water Service Group are in the red if they invested a year ago | 04/09/2024 |
7 | Cal Water secures 83M in state funding to relieve customers of past due | 04/10/2024 |
8 | California Water Service Group commits 215 million for PFAS treatment | 04/18/2024 |
9 | California Water to Post Q1 Earnings What to Expect | 04/23/2024 |
10 | California Water Service Q1 2024 Earnings Preview | 04/24/2024 |
11 | CWT Stock Earnings California Water Servs Gr Beats EPS, Beats Revenue for Q1 2024 | 04/25/2024 |
12 | Broker Revenue Forecasts For California Water Service Group Are Surging Higher | 04/26/2024 |
| Begin Period Cash Flow | 85 M |
California |
California Water Relative Risk vs. Return Landscape
If you would invest 4,502 in California Water Service on January 31, 2024 and sell it today you would earn a total of 340.00 from holding California Water Service or generate 7.55% return on investment over 90 days. California Water Service is generating 0.129% of daily returns assuming volatility of 1.5308% on return distribution over 90 days investment horizon. In other words, 13% of stocks are less volatile than California, and above 98% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
California Water Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for California Water's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as California Water Service, and traders can use it to determine the average amount a California Water's 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 = 0.0843
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| Cash | Small Risk | CWT | High Risk | Huge Risk |
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Estimated Market Risk
| 1.53 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average California Water is performing at about 6% 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.
California Water Fundamentals Growth
California Stock prices reflect investors' perceptions of the future prospects and financial health of California Water, and California Water 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 California Stock performance.
| Return On Equity | 0.1 | ||||
| Return On Asset | 0.0284 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.36 % | ||||
| Current Valuation | 4.06 B | ||||
| Shares Outstanding | 57.75 M | ||||
| Price To Earning | 27.53 X | ||||
| Price To Book | 1.79 X | ||||
| Price To Sales | 3.22 X | ||||
| Revenue | 794.63 M | ||||
| Gross Profit | 429.45 M | ||||
| EBITDA | 185.07 M | ||||
| Net Income | 51.91 M | ||||
| Cash And Equivalents | 62.1 M | ||||
| Cash Per Share | 1.66 X | ||||
| Total Debt | 1.25 B | ||||
| Debt To Equity | 0.88 % | ||||
| Current Ratio | 1.05 X | ||||
| Book Value Per Share | 25.41 X | ||||
| Cash Flow From Operations | 217.82 M | ||||
| Earnings Per Share | 2.52 X | ||||
| Market Capitalization | 2.77 B | ||||
| Total Asset | 4.7 B | ||||
| Retained Earnings | 549.57 M | ||||
| Working Capital | (134.05 M) | ||||
| Current Asset | 127.58 M | ||||
| Current Liabilities | 147.9 M | ||||
About California Water Performance
To evaluate California Water Service Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when California Water generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare California Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand California Water Service market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents California's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 10.65 | 10.12 | |
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.04 | 0.03 |
Things to note about California Water Service performance evaluation
Checking the ongoing alerts about California Water for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for California Water Service help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 90.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Broker Revenue Forecasts For California Water Service Group Are Surging Higher |
- Analyzing California Water's 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 California Water's stock is overvalued or undervalued compared to its peers.
- Examining California Water's 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 California Water's management team can have a significant impact on its success or failure. Reviewing the track record and experience of California Water's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of California Water's stock. These opinions can provide insight into California Water's potential for growth and whether the stock is currently undervalued or overvalued.
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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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.