Evoqua Stock Performance

AQUA
 Stock
  

USD 43.17  1.09  2.46%   

On a scale of 0 to 100, Evoqua Water holds a performance score of 7. The firm shows a Beta (market volatility) of 1.5711, which means a somewhat significant risk relative to the market. Let's try to break down what Evoqua's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Evoqua Water will likely underperform. Although it is vital to follow Evoqua Water Technologies historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards predicting future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By reviewing Evoqua Water Technologies technical indicators, you can presently evaluate if the expected return of 0.34% will be sustainable into the future. Please utilizes Evoqua Water Technologies jensen alpha, as well as the relationship between the potential upside and skewness to make a quick decision on whether Evoqua Water price patterns will revert.
  
Evoqua Performance
7 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Evoqua Water Technologies are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite somewhat sluggish basic indicators, Evoqua Water sustained solid returns over the last few months and may actually be approaching a breakup point. ...more

Structure and Payout Changes

Last Split Factor
1:2
Last Split Date
2011-05-10

Evoqua Price Channel

Begin Period Cash Flow146244000.00
Total Cashflows From Investing Activities-310694000.00

Evoqua Water Relative Risk vs. Return Landscape

If you would invest  3,598  in Evoqua Water Technologies on September 7, 2022 and sell it today you would earn a total of  719.00  from holding Evoqua Water Technologies or generate 19.98% return on investment over 90 days. Evoqua Water Technologies is currently generating 0.3407% in daily expected returns and assumes 3.2753% risk (volatility on return distribution) over the 90 days horizon. In different words, 28% of stocks are less volatile than Evoqua, and 94% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Evoqua Water is expected to generate 2.16 times more return on investment than the market. However, the company is 2.16 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.05 per unit of risk.

Evoqua Water Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Evoqua Water's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Evoqua Water Technologies, and traders can use it to determine the average amount a Evoqua 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 = 0.104

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Estimated Market Risk
 3.28
  actual daily
 
 28 %
of total potential
 
2828
Expected Return
 0.34
  actual daily
 
 6 %
of total potential
 
66
Risk-Adjusted Return
 0.1
  actual daily
 
 7 %
of total potential
 
77
Based on monthly moving average Evoqua Water is performing at about 7% of its full potential. 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 Evoqua Water by adding it to a well-diversified portfolio.

About Evoqua Water Performance

To evaluate Evoqua Water Technologies 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 Evoqua 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 Evoqua 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 Evoqua Water Technologies market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Evoqua'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.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash2.4 M2.5 M
Return on Investment 6.71  6.04 
Return on Average Assets 3.56  3.84 
Return on Average Equity 11.19  9.18 
Return on Invested Capital 0.08  0.07 
Return on Sales 0.08  0.07 

Things to note about Evoqua Water Technologies

Checking the ongoing alerts about Evoqua Water for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Evoqua Water Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Evoqua Water Alerts

Equity Alerts and Improvement Suggestions

Evoqua Water has very high historical volatility over the last 90 days
Over 99.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Q2 2023 Earnings Estimate for Evoqua Water Technologies Corp. Issued By Jefferies Financial Group - MarketBeat
Please continue to Trending Equities. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Evoqua Water Technologies price analysis, check to measure Evoqua 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 Evoqua Water is operating at the current time. Most of Evoqua Water's value examination focuses on studying past and present price action to predict the probability of Evoqua Water's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Evoqua Water's price. Additionally, you may evaluate how the addition of Evoqua Water to your portfolios can decrease your overall portfolio volatility.
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Is Evoqua 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 Evoqua Water. If investors know Evoqua 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 Evoqua 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 YOY
0.5
Market Capitalization
5.3 B
Quarterly Revenue Growth YOY
0.19
Return On Assets
0.0361
Return On Equity
0.11
The market value of Evoqua Water Technologies is measured differently than its book value, which is the value of Evoqua that is recorded on the company's balance sheet. Investors also form their own opinion of Evoqua Water's value that differs from its market value or its book value, called intrinsic value, which is Evoqua 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 Evoqua Water's market value can be influenced by many factors that don't directly affect Evoqua 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 Evoqua Water's value and its price as these two are different measures arrived at by different means. Investors typically determine Evoqua Water value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evoqua 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.