Alkaline Water Performance
| WTERDelisted Stock | USD 0.26 0.02 7.14% |
The firm shows a Beta (market volatility) of -0.91, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Alkaline Water are expected to decrease slowly. On the other hand, during market turmoil, Alkaline Water is expected to outperform it slightly. Alkaline Water has an expected return of -1.51%. Please make sure to confirm Alkaline Water maximum drawdown and the relationship between the expected short fall and relative strength index , to decide if Alkaline Water performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Alkaline Water has generated negative risk-adjusted returns adding no value to investors with long positions. Even with weak performance in the last few months, the Stock's technical and fundamental indicators remain relatively invariable which may send shares a bit higher in May 2024. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more
| Begin Period Cash Flow | 1.5 M |
Alkaline |
Alkaline Water Relative Risk vs. Return Landscape
If you would invest 29.00 in Alkaline Water on January 30, 2024 and sell it today you would lose (3.00) from holding Alkaline Water or give up 10.34% of portfolio value over 90 days. Alkaline Water is currently does not generate positive expected returns and assumes 2.7954% risk (volatility on return distribution) over the 90 days horizon. In different words, 24% of stocks are less volatile than Alkaline, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Alkaline Water Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alkaline Water's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alkaline Water, and traders can use it to determine the average amount a Alkaline Water's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.5412
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| Negative Returns | WTER |
Estimated Market Risk
| 2.8 actual daily | 24 76% of assets are more volatile |
Expected Return
| -1.51 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.54 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alkaline Water is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alkaline Water by adding Alkaline Water to a well-diversified portfolio.
Alkaline Water Fundamentals Growth
Alkaline Stock prices reflect investors' perceptions of the future prospects and financial health of Alkaline Water, and Alkaline Water fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Alkaline Stock performance.
| Return On Equity | -6.81 | ||||
| Return On Asset | -0.52 | ||||
| Profit Margin | (0.36) % | ||||
| Operating Margin | (0.16) % | ||||
| Current Valuation | 11.24 M | ||||
| Shares Outstanding | 13.02 M | ||||
| Price To Earning | (5.06) X | ||||
| Price To Book | 24.49 X | ||||
| Price To Sales | 0.05 X | ||||
| Revenue | 63.78 M | ||||
| EBITDA | (21.13 M) | ||||
| Cash And Equivalents | 2.95 M | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 9.75 M | ||||
| Book Value Per Share | (0.78) X | ||||
| Cash Flow From Operations | (10.43 M) | ||||
| Earnings Per Share | (2.31) X | ||||
| Total Asset | 18.03 M | ||||
| Retained Earnings | (137.08 M) | ||||
| Current Asset | 1.84 M | ||||
| Current Liabilities | 2.24 M | ||||
About Alkaline Water Performance
To evaluate Alkaline Water Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Alkaline Water generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Alkaline Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Alkaline Water market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Alkaline's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The Alkaline Water Company Inc. produces, distributes, and markets bottled alkaline water in the United States. The Alkaline Water Company Inc. was incorporated in 2011 and is headquartered in Scottsdale, Arizona. Alkaline Water operates under BeveragesNon-Alcoholic classification in the United States and is traded on NASDAQ Exchange. It employs 45 people.Things to note about Alkaline Water performance evaluation
Checking the ongoing alerts about Alkaline Water for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alkaline Water help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alkaline Water is not yet fully synchronised with the market data | |
| Alkaline Water generated a negative expected return over the last 90 days | |
| Alkaline Water has some characteristics of a very speculative penny stock | |
| Alkaline Water has a very high chance of going through financial distress in the upcoming years | |
| The company currently holds 9.75 M in liabilities. Alkaline Water has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Alkaline Water until it has trouble settling it off, either with new capital or with free cash flow. So, Alkaline Water's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Alkaline Water sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Alkaline to invest in growth at high rates of return. When we think about Alkaline Water's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 63.78 M. Net Loss for the year was (27.41 M) with profit before overhead, payroll, taxes, and interest of 15.22 M. | |
| Alkaline Water currently holds about 2.95 M in cash with (10.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02. |
- Analyzing Alkaline Water's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Alkaline Water's stock is overvalued or undervalued compared to its peers.
- Examining Alkaline Water's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Alkaline Water's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alkaline Water's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Alkaline Water's stock. These opinions can provide insight into Alkaline Water's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Alkaline Water information on this page should be used as a complementary analysis to other Alkaline Water's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Other Consideration for investing in Alkaline Stock
If you are still planning to invest in Alkaline Water check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Alkaline Water's history and understand the potential risks before investing.
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