Current Water Technologies Stock Alpha and Beta Analysis
| WATR Stock | CAD 0.02 0.00 0.00% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Current Water Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Current Water over a specified time horizon. Remember, high Current Water's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Current Water's market risk premium analysis include:
Beta 1.19 | Alpha 0.11 | Risk 13.72 | Sharpe Ratio 0.0193 | Expected Return 0.26 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Current Water Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Current Water market risk premium is the additional return an investor will receive from holding Current Water long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Current Water. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Current Water's performance over market.| α | 0.11 | β | 1.19 |
Current Water expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Current Water's Buy-and-hold return. Our buy-and-hold chart shows how Current Water performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Current Water Market Price Analysis
Market price analysis indicators help investors to evaluate how Current Water stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Current Water shares will generate the highest return on investment. By understating and applying Current Water stock market price indicators, traders can identify Current Water position entry and exit signals to maximize returns.
Current Water Return and Market Media
The median price of Current Water for the period between Thu, Sep 12, 2024 and Wed, Dec 11, 2024 is 0.03 with a coefficient of variation of 13.84. The daily time series for the period is distributed with a sample standard deviation of 0.0, arithmetic mean of 0.03, and mean deviation of 0.0. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Edgestream Partners L.P. Cuts Stock Position in Watts Water Technologies, Inc. - MarketBeat | 09/18/2024 |
2 | Watts Water Technologies Shareholders Will Want The ROCE Trajectory To Continue - Simply Wall St | 10/07/2024 |
3 | Victory Capital Management Inc. Sells 134,266 Shares of Watts Water Technologies, Inc. - MarketBeat | 11/14/2024 |
4 | Current Water Technologies Expands Green Tech Collaboration - TipRanks | 12/09/2024 |
About Current Water Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Current or other stocks. Alpha measures the amount that position in Current Water Techno has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 9.13 | 3.48 | 3.84 | 7.05 | Days Of Inventory On Hand | 77.31 | 82.61 | 62.0 | 52.82 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Current Water in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Current Water's short interest history, or implied volatility extrapolated from Current Water options trading.
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Additional Tools for Current Stock Analysis
When running Current Water's price analysis, check to measure Current 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 Current Water is operating at the current time. Most of Current Water's value examination focuses on studying past and present price action to predict the probability of Current 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 Current Water's price. Additionally, you may evaluate how the addition of Current Water to your portfolios can decrease your overall portfolio volatility.