The York Water Stock Beta
YORW Stock | USD 35.97 0.66 1.87% |
The York Water fundamentals help investors to digest information that contributes to York Water's financial success or failures. It also enables traders to predict the movement of York Stock. The fundamental analysis module provides a way to measure York Water's 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 York Water stock.
York | Beta |
York Beta Analysis
York Water's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
More About Beta | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 146.4M | 139.5M | 180.0M | 189.0M | Total Assets | 458.9M | 510.6M | 601.4M | 631.5M |
Beta | = | CovarianceVariance |
Current York Water Beta | 0.6 |
Most of York Water's fundamental indicators, such as Beta, 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, The York Water is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
York Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for York Water is extremely important. It helps to project a fair market value of York Stock properly, considering its historical fundamentals such as Beta. Since York Water's 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 York Water's 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 York Water's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition |
In accordance with the recently published financial statements, The York Water has a Beta of 0.604. This is 34.22% higher than that of the Water Utilities sector and significantly higher than that of the Utilities industry. The beta for all United States stocks is notably lower than that of the firm.
York Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses York Water's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of York Water could also be used in its relative valuation, which is a method of valuing York Water by comparing valuation metrics of similar companies.York Water is currently under evaluation in beta category among related companies.
York Water Institutional Holders
Institutional Holdings refers to the ownership stake in York Water that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of York Water's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing York Water's value.Shares | Goldman Sachs Group Inc | 2023-12-31 | 133.3 K | Renaissance Technologies Corp | 2023-12-31 | 123.8 K | Legal & General Group Plc | 2023-12-31 | 116.5 K | Bank Of New York Mellon Corp | 2023-12-31 | 116 K | Charles Schwab Investment Management Inc | 2023-12-31 | 112.7 K | State Of New Jersey Common Pension Fd D | 2023-12-31 | 66.4 K | Bank Of America Corp | 2023-12-31 | 55.3 K | Amvescap Plc. | 2023-12-31 | 54.6 K | Penn Capital Management Company Llc | 2023-12-31 | 53.4 K | Blackrock Inc | 2023-12-31 | 1.5 M | Vanguard Group Inc | 2023-12-31 | 837.2 K |
As returns on the market increase, York Water's returns are expected to increase less than the market. However, during the bear market, the loss of holding York Water is expected to be smaller as well.
York Fundamentals
Return On Equity | 0.11 | ||||
Return On Asset | 0.0324 | ||||
Profit Margin | 0.33 % | ||||
Operating Margin | 0.38 % | ||||
Current Valuation | 686.15 M | ||||
Shares Outstanding | 14.33 M | ||||
Shares Owned By Insiders | 1.35 % | ||||
Shares Owned By Institutions | 51.10 % | ||||
Number Of Shares Shorted | 148.34 K | ||||
Price To Earning | 35.81 X | ||||
Price To Book | 2.29 X | ||||
Price To Sales | 7.13 X | ||||
Revenue | 71.03 M | ||||
Gross Profit | 45.93 M | ||||
EBITDA | 41.28 M | ||||
Net Income | 23.76 M | ||||
Cash And Equivalents | 2.64 M | ||||
Cash Per Share | 0.19 X | ||||
Total Debt | 180.01 M | ||||
Debt To Equity | 0.59 % | ||||
Current Ratio | 0.69 X | ||||
Book Value Per Share | 15.43 X | ||||
Cash Flow From Operations | 31.91 M | ||||
Short Ratio | 2.33 X | ||||
Earnings Per Share | 1.66 X | ||||
Price To Earnings To Growth | 7.71 X | ||||
Target Price | 47.0 | ||||
Number Of Employees | 130 | ||||
Beta | 0.6 | ||||
Market Capitalization | 506.14 M | ||||
Total Asset | 601.45 M | ||||
Retained Earnings | 85 M | ||||
Working Capital | (2.56 M) | ||||
Current Asset | 11.58 M | ||||
Current Liabilities | 6.2 M | ||||
Z Score | 2.22 | ||||
Annual Yield | 0.02 % | ||||
Five Year Return | 1.79 % | ||||
Net Asset | 601.45 M | ||||
Last Dividend Paid | 0.82 |
About York Water Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The York Water's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of York Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of The York Water 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.The York Water Company impounds, purifies, and distributes drinking water. The York Water Company was incorporated in 1816 and is based in York, Pennsylvania. York Water operates under UtilitiesRegulated Water classification in the United States and is traded on NASDAQ Exchange. It employs 110 people.
York Water Investors Sentiment
The influence of York Water's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in York. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to York Water's public news can be used to forecast risks associated with an investment in York. The trend in average sentiment can be used to explain how an investor holding York can time the market purely based on public headlines and social activities around The York Water. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
York Water's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for York Water's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average York Water's news discussions. The higher the estimated score, the more favorable is the investor's outlook on York Water.
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 York 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, York Water's short interest history, or implied volatility extrapolated from York Water options trading.
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Check out York Water Piotroski F Score and York Water Altman Z Score analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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When running York Water's price analysis, check to measure York 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 York Water is operating at the current time. Most of York Water's value examination focuses on studying past and present price action to predict the probability of York 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 York Water's price. Additionally, you may evaluate how the addition of York Water to your portfolios can decrease your overall portfolio volatility.
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Is York 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 York Water. If investors know York 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 York 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 0.2 | Dividend Share 0.819 | Earnings Share 1.66 | Revenue Per Share 4.969 | Quarterly Revenue Growth 0.198 |
The market value of York Water is measured differently than its book value, which is the value of York that is recorded on the company's balance sheet. Investors also form their own opinion of York Water's value that differs from its market value or its book value, called intrinsic value, which is York 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 York Water's market value can be influenced by many factors that don't directly affect York 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 York Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if York Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, York 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.