GWRS vs. MSEX
Compare and contrast key facts about Global Water Resources, Inc. (GWRS) and Middlesex Water Company (MSEX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GWRS or MSEX.
Correlation
The correlation between GWRS and MSEX is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
GWRS vs. MSEX - Performance Comparison
Key characteristics
GWRS:
-0.34
MSEX:
-0.59
GWRS:
-0.29
MSEX:
-0.68
GWRS:
0.97
MSEX:
0.92
GWRS:
-0.26
MSEX:
-0.31
GWRS:
-1.67
MSEX:
-1.15
GWRS:
6.18%
MSEX:
16.52%
GWRS:
30.63%
MSEX:
32.45%
GWRS:
-51.67%
MSEX:
-60.51%
GWRS:
-40.28%
MSEX:
-53.03%
Fundamentals
GWRS:
$303.50M
MSEX:
$1.05B
GWRS:
$0.27
MSEX:
$2.30
GWRS:
46.41
MSEX:
25.63
GWRS:
2.83
MSEX:
10.95
GWRS:
$51.81M
MSEX:
$183.37M
GWRS:
$29.66M
MSEX:
$78.30M
GWRS:
$18.02M
MSEX:
$85.03M
Returns By Period
In the year-to-date period, GWRS achieves a -11.36% return, which is significantly higher than MSEX's -16.40% return.
GWRS
-11.36%
-14.78%
-5.10%
-10.82%
-0.53%
N/A
MSEX
-16.40%
-19.31%
1.39%
-18.82%
-1.61%
10.89%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
GWRS vs. MSEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Water Resources, Inc. (GWRS) and Middlesex Water Company (MSEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
GWRS vs. MSEX - Dividend Comparison
GWRS's dividend yield for the trailing twelve months is around 2.65%, more than MSEX's 2.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GWRS Global Water Resources, Inc. | 2.65% | 2.29% | 2.26% | 1.69% | 2.00% | 2.19% | 2.84% | 2.97% | 1.90% | 0.00% | 0.00% | 0.00% |
MSEX Middlesex Water Company | 2.45% | 1.92% | 1.50% | 0.92% | 1.44% | 1.54% | 1.71% | 2.15% | 1.88% | 2.92% | 3.31% | 3.59% |
Drawdowns
GWRS vs. MSEX - Drawdown Comparison
The maximum GWRS drawdown since its inception was -51.67%, smaller than the maximum MSEX drawdown of -60.51%. Use the drawdown chart below to compare losses from any high point for GWRS and MSEX. For additional features, visit the drawdowns tool.
Volatility
GWRS vs. MSEX - Volatility Comparison
Global Water Resources, Inc. (GWRS) has a higher volatility of 8.45% compared to Middlesex Water Company (MSEX) at 7.68%. This indicates that GWRS's price experiences larger fluctuations and is considered to be riskier than MSEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
GWRS vs. MSEX - Financials Comparison
This section allows you to compare key financial metrics between Global Water Resources, Inc. and Middlesex Water Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities