Middlesex Water Stock Technical Analysis
| MSEX Stock | USD 46.64 0.75 1.63% |
As of the 18th of April 2024, Middlesex Water secures the Standard Deviation of 2.15, risk adjusted performance of (0.11), and Mean Deviation of 1.74. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Middlesex Water, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for thirteen technical drivers for Middlesex Water, which can be compared to its peers in the industry. Please verify Middlesex Water mean deviation and maximum drawdown to decide if Middlesex Water is priced some-what accurately, providing market reflects its recent price of 46.64 per share. Given that Middlesex Water has information ratio of (0.22), we recommend you to check Middlesex Water's last-minute market performance to make sure the company can sustain itself at a future point.
Middlesex Water Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Middlesex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to MiddlesexMiddlesex |
Middlesex Water Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 80.5 | Strong Buy | 2 | Odds |
Most Middlesex analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Middlesex stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Middlesex Water, talking to its executives and customers, or listening to Middlesex conference calls.
Middlesex Water technical stock 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, stock market cycles, or different charting patterns.
Middlesex Water Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Middlesex Water volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Middlesex Water Trend Analysis
Use this graph to draw trend lines for Middlesex Water. You can use it to identify possible trend reversals for Middlesex Water as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Middlesex Water price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Middlesex Water Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Middlesex Water applied against its price change over selected period. The best fit line has a slop of 0.17 , which may suggest that Middlesex Water market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1053.25, which is the sum of squared deviations for the predicted Middlesex Water price change compared to its average price change.About Middlesex Water Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Middlesex Water on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Middlesex Water based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Middlesex Water price pattern first instead of the macroeconomic environment surrounding Middlesex Water. By analyzing Middlesex Water's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Middlesex Water's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Middlesex Water specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.009263 | 0.0151 | 0.0194 | 0.0184 | Price To Sales Ratio | 14.7 | 8.52 | 7.0 | 7.35 |
Middlesex Water April 18, 2024 Technical Indicators
Most technical analysis of Middlesex help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Middlesex from various momentum indicators to cycle indicators. When you analyze Middlesex charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (0.29) | |||
| Mean Deviation | 1.74 | |||
| Coefficient Of Variation | (521.16) | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.61 | |||
| Information Ratio | (0.22) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.30) | |||
| Maximum Drawdown | 9.3 | |||
| Value At Risk | (4.30) | |||
| Potential Upside | 3.19 | |||
| Skewness | (0.27) | |||
| Kurtosis | (0.22) |
Middlesex Water April 18, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Middlesex stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 2,082 | ||
| Daily Balance Of Power | 0.81 | ||
| Rate Of Daily Change | 1.02 | ||
| Day Median Price | 46.61 | ||
| Day Typical Price | 46.62 | ||
| Price Action Indicator | 0.40 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Middlesex Water. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. For more information on how to buy Middlesex Stock please use our How to Invest in Middlesex Water guide.Note that the Middlesex Water information on this page should be used as a complementary analysis to other Middlesex Water's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Middlesex Stock analysis
When running Middlesex Water's price analysis, check to measure Middlesex 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 Middlesex Water is operating at the current time. Most of Middlesex Water's value examination focuses on studying past and present price action to predict the probability of Middlesex 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 Middlesex Water's price. Additionally, you may evaluate how the addition of Middlesex Water to your portfolios can decrease your overall portfolio volatility.
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Is Middlesex Water's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Middlesex Water. If investors know Middlesex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Middlesex Water listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.20) | Dividend Share 1.263 | Earnings Share 1.76 | Revenue Per Share 9.377 | Quarterly Revenue Growth (0.01) |
The market value of Middlesex Water is measured differently than its book value, which is the value of Middlesex that is recorded on the company's balance sheet. Investors also form their own opinion of Middlesex Water's value that differs from its market value or its book value, called intrinsic value, which is Middlesex Water's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Middlesex Water's market value can be influenced by many factors that don't directly affect Middlesex Water's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Middlesex Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if Middlesex Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Middlesex Water's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.