American Return On Assets from 2010 to 2024
| AWR Stock | USD 73.53 0.74 1.02% |
Return On Assets | First Reported 2010-12-31 | Previous Quarter 0.0556163 | Current Value 0.0283 | Quarterly Volatility 0.00767669 |
Check American States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among American main balance sheet or income statement drivers, such as Interest Expense of 44.9 M, Total Revenue of 302.3 M or Gross Profit of 228.2 M, as well as many exotic indicators such as Price To Sales Ratio of 5.24, Dividend Yield of 0.0336 or PTB Ratio of 4.02. American financial statements analysis is a perfect complement when working with American States Valuation or Volatility modules.
American | Return On Assets |
Latest American States' Return On Assets Growth Pattern
Below is the plot of the Return On Assets of American States Water over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. American States' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in American States' overall financial position and show how it may be relating to other accounts over time.
| Return On Assets | 10 Years Trend |
|
Return On Assets |
| Timeline |
American Return On Assets Regression Statistics
| Arithmetic Mean | 0.04 | |
| Geometric Mean | 0.04 | |
| Coefficient Of Variation | 17.73 | |
| Mean Deviation | 0.01 | |
| Median | 0.04 | |
| Standard Deviation | 0.01 | |
| Sample Variance | 0.000059 | |
| Range | 0.0273 | |
| R-Value | 0.25 | |
| Mean Square Error | 0.00006 | |
| R-Squared | 0.06 | |
| Significance | 0.38 | |
| Slope | 0.0004 | |
| Total Sum of Squares | 0.0008 |
American Return On Assets History
About American States Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include American States income statement, its balance sheet, and the statement of cash flows. American States investors use historical funamental indicators, such as American States's Return On Assets, to determine how well the company is positioned to perform in the future. Although American States investors may use each financial statement separately, they are all related. The changes in American States's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on American States's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on American States Financial Statements. Understanding these patterns can help to make the right decision on long term investment in American States. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Assets | 0.06 | 0.03 |
American States Investors Sentiment
The influence of American States' 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 States' 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 States Water. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American States' 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 States' 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 States' news discussions. The higher the estimated score, the more favorable is the investor's outlook on American States.
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 States 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 States' short interest history, or implied volatility extrapolated from American States options trading.
Pair Trading with American States
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 States 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 States will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
| 0.66 | AWK | American Water Works | PairCorr |
Moving against American Stock
| 0.78 | ARIS | Aris Water Solutions Earnings Call This Week | PairCorr |
| 0.75 | VIVHY | Vivendi SA PK | PairCorr |
| 0.63 | D | Dominion Energy | PairCorr |
| 0.59 | NI | NiSource Earnings Call This Week | PairCorr |
| 0.5 | EE | Excelerate Energy Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to American States 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 States 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 States - 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 States Water to buy it.
The correlation of American States 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 States moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American States Water 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 States 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 the analysis of American States Correlation against competitors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for American Stock analysis
When running American States' price analysis, check to measure American States' 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 States is operating at the current time. Most of American States' value examination focuses on studying past and present price action to predict the probability of American States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American States' price. Additionally, you may evaluate how the addition of American States to your portfolios can decrease your overall portfolio volatility.
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Is American States' 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 States. 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 States 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 0.095 | Dividend Share 1.655 | Earnings Share 3.36 | Revenue Per Share 16.11 | Quarterly Revenue Growth (0) |
The market value of American States Water 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 States' value that differs from its market value or its book value, called intrinsic value, which is American States' 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 States' market value can be influenced by many factors that don't directly affect American States' 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 States' value and its price as these two are different measures arrived at by different means. Investors typically determine if American States is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American States' 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.