Thinking to trade more of Alkaline Water (USA Stocks:WTER)?

Alkaline Water Stock (USA: WTER) is a tantalizing investment opportunity for those seeking to diversify their portfolio. Despite the company's recent 9.68% price percent change, there's a potential upside of 11.54% that could yield significant returns for risk-tolerant investors. However, it's crucial to note that Alkaline Water's total risk alpha stands at -1.49, indicating a higher risk compared to the market. Moreover, the company's recent quote and last price both stand at $0.28, which is relatively low, making it an affordable entry point for investors. While the beverage industry is known for its volatility, the potential for high returns makes Alkaline Water Stock a worthy consideration for your investment portfolio.

Main Points

The company exhibits a Beta (market volatility) of -0.539, indicating potential diversification benefits within a portfolio. As market returns increase, returns on Alkaline Water are expected to decrease at a significantly lower rate. During a bear market, Alkaline Water is likely to outperform the market. While it's crucial to consider Alkaline Water's historical returns, caution is advised when using current equity trending patterns. Our approach to predicting a stock's future performance involves examining both its past performance charts and the overall business, including all available technical indicators. Alkaline Water provides fifteen different technical indicators to help evaluate its performance. Alkaline Water has an expected return of -0.26%. Please ensure to verify Alkaline Water's information ratio and skewness to determine if Alkaline Water's past performance will be replicated at some point in the near future.
Published over six months ago
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Reviewed by Michael Smolkin

The proof is in the water! Alkaline Water Company (NASDAQ: WTER), a key player in the non-alcoholic beverages industry, is making waves in the investment world. With a market value of $0.28 and a real value of $0.24, this stock is a potential gem in the consumer defensive category. As we approach the company's fiscal year end in March, it's worth considering the potential upside price of $7.39, a significant leap from its current valuation. Despite the company's hype value matching its market value, the overall consensus among analysts is a strong buy, with one analyst even issuing a strong buy recommendation. The naive expected forecast value stands at $0.29, indicating a potential for growth. However, investors should also be aware of the possible downside price of $0.0028, highlighting the inherent risk in any investment. In the world of finance, the tide can turn quickly. But for those willing to ride the wave, Alkaline Water Stock may just be the investment opportunity to explore. Generally, our focus is on analyzing the price patterns of Alkaline Water (USA Stocks: WTER) and their correlations with various microeconomic environments and drivers. We also utilize predictive analytics to construct daily price indicators for Alkaline Water and compare them against related drivers. While strategic planning is essential for successful stock investment, sometimes bold action is equally crucial. Let's delve into why this might be the case with Alkaline Water. We will assess whether Alkaline Water shares are reasonably priced as we enter January.
The successful prediction of Alkaline Water stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Alkaline Water, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Alkaline Water based on Alkaline Water hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to Alkaline Water's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Alkaline Water's related companies.

Watch out for price decline

Please consider monitoring Alkaline Water on a daily basis if you are holding a position in it. Alkaline Water is trading at a penny-stock level, and the possibility of delisting is much higher compared to other pink sheets. However, just because the pink sheet is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as Alkaline Water stock to be traded above the $1 level to remain listed. If Alkaline Water pink sheet price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

Use Technical Analysis to project Alkaline expected Price

Alkaline Water technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Alkaline Water technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alkaline Water trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

What is driving Alkaline Water Investor Appetite?

The company reported the previous year's revenue of 63.78 M. Net Loss for the year was (27.41 M) with profit before overhead, payroll, taxes, and interest of 15.22 M.

Cost of Revenue Breakdown

Alkaline Water Cost of Revenue yearly trend continues to be relatively stable with very little volatility. Cost of Revenue is likely to grow to about 56.2 M this year. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Where this item is not contained on the company consolidated financial statements and cannot otherwise be imputed the value of 0 is used. At this time, Alkaline Water's Cost of Revenue is relatively stable as compared to the past year.
2016
2017
2018
2019
2020
2021
2022
2023
20167.35 Million
201711.69 Million
201819.25 Million
201925.31 Million
202029.62 Million
202145.38 Million
202252.13 Million
202356.25 Million
"Never put all your eggs in one basket," is a common saying in the finance world, and it's particularly relevant when considering the Alkaline Water Company (USA: WTER). With a market capitalization of just $3.58M and a high probability of bankruptcy at 95.01%, this stock carries significant risk. However, it also presents potential upside of 11.54%, and a target price of $22.5, suggesting there could be room for substantial growth. The company's total debt stands at $9.75M, which is more than half of its total assets ($18.03M), indicating a high leverage situation. Furthermore, the company's negative return on equity of 6.81% and negative return on assets of 0.52% suggest it is currently struggling to generate profits. Therefore, while Alkaline Water stock may offer an opportunity for portfolio diversification, investors should be aware of the associated risks.

Does Alkaline Water have cash to continue?

Despite a slight uptick in Alkaline Water's latest Risk Adjusted Performance to -0.02, the company's stock price may be on the verge of another decline. This raises concerns about the company's financial stability and its capacity to maintain operations. Investors should keep a close eye on Alkaline Water's cash position and liquidity metrics to determine if the company has enough resources to withstand potential future downturns. As of December 18, 2023, Alkaline Water displays a Standard Deviation of 7.03, a risk-adjusted performance of -0.02, and a Mean Deviation of 5.15. In terms of fundamental indicators, the technical analysis model provides tools to examine existing technical drivers of Alkaline Water, as well as their interrelationships. In other words, this information can be used to determine if the company will indeed reflect its model of historical prices and volume momentum, or if the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Alkaline Water, which can be compared to its competitors. Please verify Alkaline Water's information ratio and skewness to decide if Alkaline Water is priced correctly, assuming the market reflects its regular price of $0.28 per share.
As Alkaline Water appears to be a penny stock, we also recommend validating its Jensen Alpha numbers. Despite Alkaline Water's recent slump of over 9 percent, the company still holds potential for investors. The current market valuation stands at $0.28, slightly above the real value of $0.24. This suggests that the stock is not significantly overpriced. Furthermore, the analyst overall consensus rates the stock as a 'Strong Buy', with one analyst giving a strong buy recommendation. The possible upside price of $7.39 also indicates a significant potential for growth. However, investors should be aware of the possible downside price of $0.0028. As the fiscal year end approaches in March, it will be interesting to see how the company's valuation will adjust. .

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Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Alkaline Water. Please refer to our Terms of Use for any information regarding our disclosure principles.

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