Water Ways Technologies Stock Analysis

Water Stock Analysis Notes

About 35.0% of the company outstanding shares are owned by insiders. The company recorded a loss per share of 0.51. Water Ways Technologies last dividend was issued on the 19th of March 2019. The entity had 1:1 split on the 6th of March 2019. Water Ways Technologies Inc., an agriculture technology company, provides water irrigation solutions to agricultural producers in Israel and internationally. Water Ways Technologies Inc. was founded in 2003 and is based in Toronto, Canada. WATER WAYS is traded on TSX Venture Exchange in Canada. For more information please call Ohad Haber at 519 264 2708 or visit https://water-ways-technologies.com.

Water Ways Technologies Investment Alerts

Water Ways Thematic Classifications

Water Market Capitalization

The company currently falls under 'Nano-Cap' category with a current market capitalization of 37.2 K. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Water Ways's market, we take the total number of its shares issued and multiply it by Water Ways's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Water Profitablity

The company has Profit Margin (PM) of (0.79) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.25) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.25.

Management Efficiency

Water Ways Technologies has return on total asset (ROA) of (0.2829) % which means that it has lost $0.2829 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (90.0) %, meaning that it generated substantial loss on money invested by shareholders. Water Ways' management efficiency ratios could be used to measure how well Water Ways manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Water Ways' Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to climb to 2.62 in 2024, whereas Return On Tangible Assets are likely to drop (0.82) in 2024. At this time, Water Ways' Non Current Assets Total are fairly stable compared to the past year. Other Current Assets is likely to climb to about 858.5 K in 2024, whereas Total Current Assets are likely to drop slightly above 2.5 M in 2024.

Technical Drivers

As of the 21st of December, Water Ways maintains the Mean Deviation of 21.63, downside deviation of 46.84, and Market Risk Adjusted Performance of 1.69. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Water Ways Technologies, as well as the relationship between them. Please check out Water Ways Technologies jensen alpha and downside variance to decide if Water Ways Technologies is priced fairly, providing market reflects its latest price of 0.005 per share.

Water Ways Technologies Price Movement Analysis

Water Ways Outstanding Bonds

Water Ways Predictive Daily Indicators

Water Ways Forecast Models

Water Ways' time-series forecasting models are one of many Water Ways' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Water Ways' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Water Ways prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Water shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Water Ways. By using and applying Water Stock analysis, traders can create a robust methodology for identifying Water entry and exit points for their positions.

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