Middlesex Story

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MSEX -- USA Stock  

USD 70.63  1.04  1.49%

It appears Middlesex Water may not have a good chance to recover from the current slide as its shares fell again. Middlesex Water's current daily volatility is 1.64 percent, with a beta of 0.8 and an alpha of -0.02 over DOW. As many of us are getting excited about current market fluctuations it is important to break down Middlesex Water based on its technical indicators. Why are we still confident in our projection for a recovery.
Published over a month ago
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Is Middlesex Water (NASDAQ:MSEX) way too risky for millennials?
Middlesex Water currently holds roughly 13.2 M in cash with 45.25 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.76. This firm currently holds 288.91 M in liabilities with Debt to Equity (D/E) ratio of 0.86, which is about average as compared to similar companies. The company has a current ratio of 0.51, indicating that it has a negative working capital and may not be able to pay financial obligations when due.
Investing in Middlesex Water, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Middlesex Water along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.

How important is Middlesex Water's Liquidity

Middlesex Water financial leverage refers to using borrowed capital as a funding source to finance Middlesex Water ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Middlesex 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. Please check the breakdown between Middlesex Water's total debt and its cash.

How Middlesex utilizes its cash?

To perform a cash flow analysis of Middlesex Water, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash Middlesex Water is receiving and how much cash it distributes out in a given period. The Middlesex Water cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. Middlesex Water Net Cash Flow from Operations is fairly stable at the moment as compared to the past year. Middlesex Water reported Net Cash Flow from Operations of 36.05 Million in 2019

Middlesex Water Correlation with Peers

Investors in Middlesex can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Middlesex Water. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Middlesex Water and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Middlesex is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage. Please check volatility of Middlesex for more details

Middlesex Water exotic insider transaction detected

Legal trades by Middlesex Water insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Middlesex insider trading alert for general transaction of common stock (drp) by Robert Fullagar, Vice President-Operations, on 14th of July 2020. This event was filed by Middlesex Water Co with SEC on 2020-07-14. Statement of changes in beneficial ownership - SEC Form 4. Robert Fullagar currently serves as director ? distribution, new jersey of Middlesex Water [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

An Additional Perspective On Middlesex Water

Middlesex Water has Sharpe Ratio of -0.0187, which conveys that the firm had -0.0187% of return per unit of risk over the last month. Macroaxis standpoint towards estimating the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Middlesex Water exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to verify Middlesex Water risk adjusted performance of 0.001, and Mean Deviation of 1.31 to check out the risk estimate we provide.
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Our take on today Middlesex Water slide

Current Treynor Ratio is up to -0.02. Price may slide again. Middlesex Water exhibits very low volatility with skewness of 0.64 and kurtosis of 0.76. However, we advise investors to further study Middlesex Water technical indicators to make sure all market info is available and is reliable.

When is the right time to buy or sell Middlesex Water? Buying stocks such as Middlesex Water isn't very hard. However, what challenging for most investors is doing it at the right time. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities, deliver winning trades and diversify portfolios on a daily bases. With an optimistic outlook on your 30 days horizon, it may be a good time to take up new shares of Middlesex or increase your existing holdings in the Stock as it seems the potential growth has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Middlesex Water.

About Contributor

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 Achuva Shats do not own shares of Middlesex Water. Please refer to our Terms of Use for any information regarding our disclosure principles.

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