Artesian Resources Stock Filter Stocks by Fundamentals

ARTNA Stock  USD 37.11  0.30  0.81%   
Artesian Resources fundamentals help investors to digest information that contributes to Artesian Resources' financial success or failures. It also enables traders to predict the movement of Artesian Stock. The fundamental analysis module provides a way to measure Artesian Resources' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Artesian Resources stock.
The current year's Cash Per Share is expected to grow to 0.26.
  
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Artesian Cash per Share Analysis

Current Artesian Resources Cash per Share

    
  0.26  
Most of Artesian Resources' fundamental indicators, such as Cash per Share, 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, Artesian Resources is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Artesian Cash per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Artesian Resources is extremely important. It helps to project a fair market value of Artesian Stock properly, considering its historical fundamentals such as Cash per Share. Since Artesian Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Artesian Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Artesian Resources' interrelated accounts and indicators.
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Artesian Cash per Share Historical Pattern

Today, most investors in Artesian Resources Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Artesian Resources' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Artesian Resources cash per share as a starting point in their analysis.
   Artesian Resources Cash per Share   
       Timeline  
Competition

Artesian Common Stock Shares Outstanding

Common Stock Shares Outstanding

7.81 Million

At present, Artesian Resources' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.

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Artesian Fundamentals

About Artesian Resources Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Artesian Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Artesian Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Artesian Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Cash Per Share 0.25  0.26 
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 Artesian Resources 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, Artesian Resources' short interest history, or implied volatility extrapolated from Artesian Resources options trading.

Pair Trading with Artesian Resources

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 Artesian Resources 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 Artesian Resources will appreciate offsetting losses from the drop in the long position's value.

Moving together with Artesian Stock

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Moving against Artesian Stock

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The ability to find closely correlated positions to Artesian Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Artesian Resources 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 Artesian Resources - 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 Artesian Resources to buy it.
The correlation of Artesian Resources 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 Artesian Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Artesian Resources 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 Artesian Resources 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.
Pair CorrelationCorrelation Matching
When determining whether Artesian Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Artesian Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Artesian Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Artesian Resources Stock:
Check out Artesian Resources Piotroski F Score and Artesian Resources Altman Z Score analysis.
For information on how to trade Artesian Stock refer to our How to Trade Artesian Stock guide.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Artesian Resources' price analysis, check to measure Artesian Resources' 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 Artesian Resources is operating at the current time. Most of Artesian Resources' value examination focuses on studying past and present price action to predict the probability of Artesian Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artesian Resources' price. Additionally, you may evaluate how the addition of Artesian Resources to your portfolios can decrease your overall portfolio volatility.
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Is Artesian Resources' 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 Artesian Resources. If investors know Artesian 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 Artesian Resources 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
0.383
Dividend Share
1.136
Earnings Share
1.67
Revenue Per Share
9.868
Quarterly Revenue Growth
(0.02)
The market value of Artesian Resources is measured differently than its book value, which is the value of Artesian that is recorded on the company's balance sheet. Investors also form their own opinion of Artesian Resources' value that differs from its market value or its book value, called intrinsic value, which is Artesian Resources' 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 Artesian Resources' market value can be influenced by many factors that don't directly affect Artesian Resources' 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 Artesian Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Artesian Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Artesian Resources' 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.