American Property Plant And Equipment Gross from 2010 to 2024

AWR Stock  USD 85.31  0.06  0.07%   
American States Property Plant And Equipment Gross yearly trend continues to be relatively stable with very little volatility. Property Plant And Equipment Gross is likely to grow to about 2.7 B this year. During the period from 2010 to 2024, American States Property Plant And Equipment Gross destribution of quarterly values had range of 2.4 B from its regression line and mean deviation of  522,925,677. View All Fundamentals
 
Property Plant And Equipment Gross  
First Reported
1994-03-31
Previous Quarter
2.6 B
Current Value
2.7 B
Quarterly Volatility
521.7 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check American States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American States' main balance sheet or income statement drivers, such as Interest Expense of 44.9 M, Total Revenue of 302.3 M or Gross Profit of 228.2 M, as well as many indicators such as Price To Sales Ratio of 5.24, Dividend Yield of 0.033 or PTB Ratio of 4.02. American financial statements analysis is a perfect complement when working with American States Valuation or Volatility modules.
  
Check out the analysis of American States Correlation against competitors.

Latest American States' Property Plant And Equipment Gross Growth Pattern

Below is the plot of the Property Plant And Equipment Gross of American States Water over the last few years. It is American States' Property Plant And Equipment Gross historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American States' overall financial position and show how it may be relating to other accounts over time.
Property Plant And Equipment Gross10 Years Trend
Slightly volatile
   Property Plant And Equipment Gross   
       Timeline  

American Property Plant And Equipment Gross Regression Statistics

Arithmetic Mean1,431,691,287
Geometric Mean1,276,049,682
Coefficient Of Variation46.61
Mean Deviation522,925,677
Median1,229,062,000
Standard Deviation667,323,467
Sample Variance445320.6T
Range2.4B
R-Value0.95
Mean Square Error47218.4T
R-Squared0.90
Slope141,681,847
Total Sum of Squares6234488.5T

American Property Plant And Equipment Gross History

20242.7 B
20232.6 B
20222.2 B
20212.1 B
20201.6 B
20191.5 B
20181.3 B

About American States Financial Statements

American States shareholders use historical fundamental indicators, such as Property Plant And Equipment Gross, to determine how well the company is positioned to perform in the future. Although American States investors may analyze each financial statement separately, they are all interrelated. The changes in American States' assets and liabilities, for example, are also reflected in the revenues and expenses on on American States' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Property Plant And Equipment Gross2.6 B2.7 B

Pair Trading with American States

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American States position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American States will appreciate offsetting losses from the drop in the long position's value.

Moving together with American Stock

  0.61CDZIP Cadiz Depositary SharesPairCorr
  0.62WTRG Essential UtilitiesPairCorr

Moving against American Stock

  0.5ES Eversource EnergyPairCorr
  0.37FE FirstEnergy Sell-off TrendPairCorr
The ability to find closely correlated positions to American States could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American States when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American States - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American States Water to buy it.
The correlation of American States is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American States moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American States Water moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American States can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for American Stock Analysis

When running American States' price analysis, check to measure American States' 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 American States is operating at the current time. Most of American States' value examination focuses on studying past and present price action to predict the probability of American States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American States' price. Additionally, you may evaluate how the addition of American States to your portfolios can decrease your overall portfolio volatility.