An ad-free and cookie-free webpage by FactorPad
Our quantitative data points are meant to provide a high-level understanding of factors in equity risk models for California Water Service Grp. Portfolio managers use these models to forecast risk, optimize portfolios and review performance.
We show how CWT stock compares to 2,000+ US-based stocks, and to peers in the Utilities sector and Water Supply and Irrigation Systems industry.
Please do not consider this data as investment advice. Data is downloaded from sources we deem reliable, but errors may occur.
California Water Service Group is an American public utility company providing drinking water and wastewater services. It is the third-largest investor-owned publicly-traded water utility in the United States, serving roughly two million people through its subsidiary companies in California, Hawaii, New Mexico, and Washington. CWSG was formed in 1997 as a new holding company for California Water Service to expand into other states regulated by their own public utilities commissions, and into other non-regulated businesses. In 1998, California Water Service Group's original subsidiary California Water Service made a major expansion into Southern California with the purchase of Dominguez Services Corp. for $53 million, incorporating its subsidiaries Antelope Valley Water Co. and Kern River Valley Water Co. into Cal Water's service districts.
Many of the following risk metrics are standardized and transformed into quantitative factors in institutional-level risk models.
Rankings below represent percentiles from 1 to 100, with 1 being the lowest rating of risk.
Stocks with higher beta exhibit higher sensitivity to the ups and downs in the market. (↑↑)
Stocks with higher market capitalization often have lower risk. (↑↓)
Higher average daily dollar volume over the past 30 days implies lower liquidity risk. (↑↓)
Higher price momentum stocks, aka recent winners, equate to lower risk for many investors. (↑↓)
Style risk factors often include measures of profitability and payout levels.
Companies with higher earnings generally provide lower risk. (↑↓)
Companies with higher dividend yields, if sustaintable, are perceived to have lower risk. (↑↓)
This is a new resource, spread the word, tell a friend