MSEX vs. GWRS
Compare and contrast key facts about Middlesex Water Company (MSEX) and Global Water Resources, Inc. (GWRS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSEX or GWRS.
Correlation
The correlation between MSEX and GWRS 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
MSEX vs. GWRS - Performance Comparison
Key characteristics
MSEX:
-0.59
GWRS:
-0.34
MSEX:
-0.68
GWRS:
-0.29
MSEX:
0.92
GWRS:
0.97
MSEX:
-0.31
GWRS:
-0.26
MSEX:
-1.15
GWRS:
-1.67
MSEX:
16.52%
GWRS:
6.18%
MSEX:
32.45%
GWRS:
30.63%
MSEX:
-60.51%
GWRS:
-51.67%
MSEX:
-53.03%
GWRS:
-40.28%
Fundamentals
MSEX:
$1.05B
GWRS:
$303.50M
MSEX:
$2.30
GWRS:
$0.27
MSEX:
25.63
GWRS:
46.41
MSEX:
10.95
GWRS:
2.83
MSEX:
$183.37M
GWRS:
$51.81M
MSEX:
$78.30M
GWRS:
$29.66M
MSEX:
$85.03M
GWRS:
$18.02M
Returns By Period
In the year-to-date period, MSEX achieves a -16.40% return, which is significantly lower than GWRS's -11.36% return.
MSEX
-16.40%
-19.31%
1.39%
-18.82%
-1.61%
10.89%
GWRS
-11.36%
-14.78%
-5.10%
-10.82%
-0.53%
N/A
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Risk-Adjusted Performance
MSEX vs. GWRS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Middlesex Water Company (MSEX) and Global Water Resources, Inc. (GWRS). 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
MSEX vs. GWRS - Dividend Comparison
MSEX's dividend yield for the trailing twelve months is around 2.45%, less than GWRS's 2.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Drawdowns
MSEX vs. GWRS - Drawdown Comparison
The maximum MSEX drawdown since its inception was -60.51%, which is greater than GWRS's maximum drawdown of -51.67%. Use the drawdown chart below to compare losses from any high point for MSEX and GWRS. For additional features, visit the drawdowns tool.
Volatility
MSEX vs. GWRS - Volatility Comparison
The current volatility for Middlesex Water Company (MSEX) is 7.68%, while Global Water Resources, Inc. (GWRS) has a volatility of 8.45%. This indicates that MSEX experiences smaller price fluctuations and is considered to be less risky than GWRS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
MSEX vs. GWRS - Financials Comparison
This section allows you to compare key financial metrics between Middlesex Water Company and Global Water Resources, Inc.. 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