American Water Stock Forecast - Market Facilitation Index
| AWK Stock | USD 119.87 0.61 0.51% |
American Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast American Water stock prices and determine the direction of American Water Works's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of American Water's historical fundamentals, such as revenue growth or operating cash flow patterns. Although American Water's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of American Water's systematic risk associated with finding meaningful patterns of American Water fundamentals over time.
Check out Historical Fundamental Analysis of American Water to cross-verify your projections. American |
Open Interest Against 2024-05-17 American Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast American Water's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in American Water's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for American Water stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current American Water's open interest, investors have to compare it to American Water's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of American Water is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in American. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in American Water cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the American Water's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets American Water's price structures and extracts relationships that further increase the generated results' accuracy.
Market Facilitation Index is simply a difference between period high and low prices divided by period trading volume.| Check American Water Volatility | Backtest American Water | Information Ratio |
American Water Trading Date Momentum
| On April 23 2024 American Water Works was traded for 119.87 at the closing time. Highest American Water's price during the trading hours was 120.55 and the lowest price during the day was 119.02 . The net volume was 1.3 M. The overall trading history on the 23rd of April did not affect price variability. The overall trading delta to current price is 0.47% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
| Compare American Water to competition |
Other Forecasting Options for American Water
For every potential investor in American, whether a beginner or expert, American Water's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. American Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in American. Basic forecasting techniques help filter out the noise by identifying American Water's price trends.American Water Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with American Water stock to make a market-neutral strategy. Peer analysis of American Water could also be used in its relative valuation, which is a method of valuing American Water by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
American Water Works Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of American Water's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of American Water's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
American Water Market Strength Events
Market strength indicators help investors to evaluate how American Water stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Water shares will generate the highest return on investment. By undertsting and applying American Water stock market strength indicators, traders can identify American Water Works entry and exit signals to maximize returns.
| Accumulation Distribution | 15934.13 | |||
| Daily Balance Of Power | 0.3987 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 119.79 | |||
| Day Typical Price | 119.81 | |||
| Price Action Indicator | 0.39 | |||
| Period Momentum Indicator | 0.61 |
American Water Risk Indicators
The analysis of American Water's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in American Water's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting american stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.09 | |||
| Standard Deviation | 1.36 | |||
| Variance | 1.84 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
American Water Investors Sentiment
The influence of American 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 American. 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 American Water's public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Water Works. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American 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 American 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 American Water's news discussions. The higher the estimated score, the more favorable is the investor's outlook on American 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 American 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, American Water's short interest history, or implied volatility extrapolated from American Water options trading.
Pair Trading with American Water
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 American Water 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 American Water will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
| 0.87 | AWR | American States Water Financial Report 8th of May 2024 | PairCorr |
Moving against American Stock
| 0.72 | VIVHY | Vivendi SA PK Earnings Call This Week | PairCorr |
| 0.67 | ARIS | Aris Water Solutions Financial Report 13th of May 2024 | PairCorr |
| 0.62 | ES | Eversource Energy Financial Report 1st of May 2024 | PairCorr |
| 0.61 | D | Dominion Energy Financial Report 3rd of May 2024 | PairCorr |
| 0.53 | NI | NiSource Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to American Water could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Water 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 American Water - 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 American Water Works to buy it.
The correlation of American Water 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 American Water moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Water Works 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 American Water 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.Check out Historical Fundamental Analysis of American Water to cross-verify your projections. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for American Stock analysis
When running American Water's price analysis, check to measure American 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 American Water is operating at the current time. Most of American Water's value examination focuses on studying past and present price action to predict the probability of American 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 American Water's price. Additionally, you may evaluate how the addition of American Water to your portfolios can decrease your overall portfolio volatility.
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Is American 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 American Water. If investors know American 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 American 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 0.086 | Dividend Share 2.778 | Earnings Share 4.9 | Revenue Per Share 21.938 | Quarterly Revenue Growth 0.108 |
The market value of American Water Works is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Water's value that differs from its market value or its book value, called intrinsic value, which is American 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 American Water's market value can be influenced by many factors that don't directly affect American 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 American Water's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Water is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American 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.