Alkaline Financial Statements From 2010 to 2024
| WTERDelisted Stock | USD 1.49 0.19 11.31% |
Check Alkaline Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Alkaline Water's main balance sheet or income statement drivers, such as , as well as many indicators such as . Alkaline financial statements analysis is a perfect complement when working with Alkaline Water Valuation or Volatility modules.
Alkaline |
Alkaline Water Company Shares Outstanding Analysis
Alkaline Water's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Alkaline Water Shares Outstanding | 13.02 M |
Most of Alkaline Water's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alkaline Water is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
CompetitionBased on the latest financial disclosure, Alkaline Water has 13.02 M of shares currently outstending. This is 96.87% lower than that of the Beverages sector and significantly higher than that of the Consumer Staples industry. The shares outstanding for all United States stocks is 97.72% higher than that of the company.
Alkaline Water Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alkaline Water's current stock value. Our valuation model uses many indicators to compare Alkaline Water value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alkaline Water competition to find correlations between indicators driving Alkaline Water's intrinsic value. More Info.Alkaline Water is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alkaline Water's earnings, one of the primary drivers of an investment's value.About Alkaline Water Financial Statements
Alkaline Water shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Alkaline Water investors may analyze each financial statement separately, they are all interrelated. The changes in Alkaline Water's assets and liabilities, for example, are also reflected in the revenues and expenses on on Alkaline Water's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
The Alkaline Water Company Inc. produces, distributes, and markets bottled alkaline water in the United States. The Alkaline Water Company Inc. was incorporated in 2011 and is headquartered in Scottsdale, Arizona. Alkaline Water operates under BeveragesNon-Alcoholic classification in the United States and is traded on NASDAQ Exchange. It employs 45 people.
Pair Trading with Alkaline Water
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 Alkaline Water 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 Alkaline Water will appreciate offsetting losses from the drop in the long position's value.Moving against Alkaline Pink Sheet
| 0.73 | CL | Colgate Palmolive Fiscal Year End 24th of January 2025 | PairCorr |
| 0.72 | KDP | Keurig Dr Pepper Sell-off Trend | PairCorr |
| 0.71 | EL | Estee Lauder Companies | PairCorr |
| 0.7 | COKE | Coca Cola Consolidated | PairCorr |
| 0.67 | KO | Coca Cola Fiscal Year End 11th of February 2025 | PairCorr |
The ability to find closely correlated positions to Alkaline Water could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alkaline Water 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 Alkaline Water - 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 Alkaline Water to buy it.
The correlation of Alkaline Water 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 Alkaline Water moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alkaline 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 Alkaline Water 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.Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in Alkaline Pink Sheet
If you are still planning to invest in Alkaline Water check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Alkaline Water's history and understand the potential risks before investing.
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