By analyzing existing basic indicators between Consolidated Water and Global, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Global with a short position in Consolidated Water. Check out our
pair correlation module for more information.
Let's begin by analyzing the assets. The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Consolidated Water has an asset utilization ratio of 44.89 percent. This suggests that the company is making $0.45 for each dollar of assets. An increasing asset utilization means that Consolidated Water Co is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two entities, such as Consolidated or Via is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.
understanding Consolidated Water dividends
A dividend is the distribution of a portion of Consolidated Water earnings, decided and managed by the company's board of directors and paid to a class of its shareholders. Note, announcements of dividend payouts are generally accompanied by a proportional increase or decrease in a company's stock price. Consolidated Water dividend payments follow a chronological order of events, and the associated dates are important to determine the shareholders who qualify for receiving the dividend payment. Consolidated one year expected dividend income is about USD0.23 per share.
As of the 17th of April 2024,
Dividend Paid And Capex Coverage Ratio is likely to grow to 19.06, though
Dividends Paid is likely to grow to (5.2
M).
Investing in dividend-paying stocks, such as Consolidated Water Co is one of the few strategies that are good for long-term investment. Ex-dividend dates are significant because investors in Consolidated Water must own a stock before its ex-dividend date to receive its next dividend.
This type of analysis is very useful when you want to generate a past dividend schedule and payout information for Consolidated Water. Then that information in the form of graph and calendar can be used to fully explain how Du Pont dividends can provide a real clue to its valuation.
How important is Consolidated Water's Liquidity
Consolidated Water
financial leverage refers to using borrowed capital as a funding source to finance Consolidated Water Co ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Consolidated Water financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to Consolidated Water's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of Consolidated Water's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between Consolidated Water's total debt and its cash.
Correlation Between Consolidated and Via Renewables
In general, Stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Consolidated Water together with similar or unrelated positions with a negative correlation. For example, you can also add Via Renewables to your portfolio. If Via Renewables is not perfectly correlated to Consolidated Water it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Consolidated Water, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Are you currently holding both Consolidated Water and Via Renewables in your portfolio? Please note if you are using this as a pair-trade strategy between Consolidated Water and Via Renewables, watch out for correlation discrepancy over time. Relying on the historical price correlations and assuming that it will not change may lead to short-term losses. Please check
pair correlation details between CWCO and VIASP for more information.
Is Consolidated Water valued appropriately by the market?
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Revenue Breakdown
Lets now check Consolidated Water revenue. Based on the latest financial disclosure, Consolidated Water Co reported 72.53
M of revenue. This is 98.17% lower than that of the Utilities sector and significantly higher than that of the
Utilities—Regulated Water industry. The revenue for all United States stocks is 99.23% higher than that of Consolidated Water. As for Global Water we see revenue of 35.98
M, which is much higher than that of the Utilities—Regulated Water
| Consolidated | 72.53 Million |
| Sector | 0.0 |
| Global | 35.98 Million |
Will Consolidated pull back in September 2020?
Latest skewness indicator falls down to -1.93. Possible price upswing? As of the 8th of August, Consolidated Water shows the
risk adjusted performance of
(0.038639), and Mean Deviation of 2.02. Consolidated Water
technical analysis gives you the methodology to make use of
historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen
technical drivers for Consolidated Water Co, which can be compared to its rivals. Please confirm
Consolidated Water coefficient of variation,
treynor ratio, as well as the
relationship between the Treynor Ratio and
semi variance to decide if Consolidated Water is priced correctly, providing market reflects its regular price of 12.71 per share. Given that Consolidated Water has
jensen alpha of
(0.31), we suggest you to validate Consolidated Water Co's prevailing market performance to make sure the company can sustain itself at a future point.
Whereas many other companies in the utilities—regulated water industry are either recovering or due for a correction, Consolidated Water may not be performing as strong as the other in terms of long-term growth potentials. In closing, as of the 8th of August 2020, we see that Consolidated Water almost mirrors the market. The company is
undervalued with
very small odds of financial distress within the next 24 months. Our ongoing 30 days recommendation on the company is
Strong Hold.
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Vlad Skutelnik is a Macroaxis Contributor. Vlad covers stocks, funds, cryptocurrencies, and ETFs that are traded in North America, focusing primarily on fundamentals, valuation and market volatility. He has many years of experience in fintech, predictive investment analytics, and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Vlad Skutelnik do not own shares of Consolidated Water Co. Please refer to our
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