Essential Utilities Stock Technical Analysis
| WTRG Stock | USD 38.60 0.34 0.89% |
As of the 17th of November 2024, Essential Utilities shows the Standard Deviation of 1.14, mean deviation of 0.8772, and Variance of 1.31. In respect to fundamental indicators, the technical analysis model provides you with a way to check existing technical drivers of Essential Utilities, as well as the relationship between them. Please confirm Essential Utilities market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness to decide if Essential Utilities is priced favorably, providing market reflects its regular price of 38.6 per share. Given that Essential Utilities has information ratio of (0.11), we urge you to verify Essential Utilities's prevailing market performance to make sure the company can sustain itself at a future point.
Essential Utilities Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Essential, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EssentialEssential |
Essential Utilities Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 48.63 | Strong Buy | 11 | Odds |
Most Essential analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Essential stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Essential Utilities, talking to its executives and customers, or listening to Essential conference calls.
Essential Utilities technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Essential Utilities Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Essential Utilities volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Essential Utilities Trend Analysis
Use this graph to draw trend lines for Essential Utilities. You can use it to identify possible trend reversals for Essential Utilities as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Essential Utilities price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Essential Utilities Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Essential Utilities applied against its price change over selected period. The best fit line has a slop of 0.01 , which means Essential Utilities will continue generating value for investors. It has 122 observation points and a regression sum of squares at 2.69, which is the sum of squared deviations for the predicted Essential Utilities price change compared to its average price change.About Essential Utilities Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Essential Utilities on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Essential Utilities based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Essential Utilities price pattern first instead of the macroeconomic environment surrounding Essential Utilities. By analyzing Essential Utilities's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Essential Utilities's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Essential Utilities specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0187 | 0.0231 | 0.0317 | 0.0292 | Price To Sales Ratio | 7.36 | 5.47 | 4.86 | 3.55 |
Essential Utilities November 17, 2024 Technical Indicators
Most technical analysis of Essential help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Essential from various momentum indicators to cycle indicators. When you analyze Essential charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (0.08) | |||
| Mean Deviation | 0.8772 | |||
| Coefficient Of Variation | (5,293) | |||
| Standard Deviation | 1.14 | |||
| Variance | 1.31 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | (0.09) | |||
| Maximum Drawdown | 6.96 | |||
| Value At Risk | (1.70) | |||
| Potential Upside | 1.88 | |||
| Skewness | 0.3925 | |||
| Kurtosis | 1.44 |
Complementary Tools for Essential Stock analysis
When running Essential Utilities' price analysis, check to measure Essential Utilities' 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 Essential Utilities is operating at the current time. Most of Essential Utilities' value examination focuses on studying past and present price action to predict the probability of Essential Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Essential Utilities' price. Additionally, you may evaluate how the addition of Essential Utilities to your portfolios can decrease your overall portfolio volatility.
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