Consolidated Competitors
| ED Stock | USD 107.34 1.53 1.41% |
Consolidated Edison vs Eversource Energy Correlation
Average diversification
The correlation between Consolidated Edison and ES is 0.17 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Consolidated Edison and ES in the same portfolio, assuming nothing else is changed.
Moving together with Consolidated Stock
| 0.66 | D | Dominion Energy Sell-off Trend | PairCorr |
| 0.71 | NI | NiSource | PairCorr |
| 0.62 | AEE | Ameren Corp Earnings Call This Week | PairCorr |
| 0.81 | AQN | Algonquin Power Utilities | PairCorr |
Moving against Consolidated Stock
The current year's Return On Tangible Assets is expected to grow to 0.04. The current year's Return On Capital Employed is expected to grow to 0.08. At present, Consolidated Edison's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 8 B, whereas Other Current Assets are forecasted to decline to about 921.7 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Consolidated Edison's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Consolidated Edison Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Consolidated Edison and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Consolidated and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Consolidated Edison does not affect the price movement of the other competitor.
Risk-Adjusted Indicators
There is a big difference between Consolidated Stock performing well and Consolidated Edison Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Consolidated Edison's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| WEC | 0.63 | 0.02 | (0.08) | 1.84 | 0.80 | 1.14 | 4.32 | |||
| PCG | 1.17 | 0.03 | (0.02) | 0.23 | 1.49 | 1.79 | 6.66 | |||
| FE | 0.67 | 0.05 | (0.04) | (0.53) | 0.88 | 1.36 | 4.07 | |||
| PEG | 0.83 | (0.01) | (0.07) | (0.07) | 1.13 | 1.61 | 5.67 | |||
| DTE | 0.71 | 0.01 | (0.05) | 0.11 | 1.08 | 1.45 | 4.73 | |||
| AEE | 0.71 | 0.04 | (0.02) | 0.36 | 0.95 | 1.23 | 5.74 | |||
| FTS | 0.67 | 0.15 | 0.07 | (0.57) | 0.58 | 1.38 | 2.88 | |||
| ETR | 0.85 | (0.01) | (0.05) | 0.05 | 1.10 | 1.90 | 4.90 | |||
| CMS | 0.75 | 0.01 | (0.06) | 0.13 | 1.02 | 1.32 | 5.00 | |||
| ES | 1.12 | (0.13) | 0.00 | (0.94) | 0.00 | 1.75 | 14.53 |
Cross Equities Net Income Analysis
Compare Consolidated Edison and related stocks such as WEC Energy Group, PGE Corp, and FirstEnergy Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WEC | 167.5 M | 526.2 M | 546.3 M | 577.4 M | 588.3 M | 640.3 M | 940.2 M | 1.2 B | 1.1 B | 1.1 B | 1.2 B | 1.3 B | 1.4 B | 1.3 B | 1.5 B | 1.6 B | 1.6 B |
| PCG | 1 B | 858 M | 830 M | 828 M | 1.4 B | 888 M | 1.4 B | 1.7 B | (6.8 B) | (7.6 B) | (1.3 B) | (88 M) | 1.8 B | 2.3 B | 2.5 B | 2.3 B | 2.4 B |
| FE | 305.8 M | 885 M | 770 M | 392 M | 299 M | 578 M | (6.2 B) | (1.7 B) | 1.3 B | 912 M | 1.1 B | 1.3 B | 406 M | 1.1 B | 978 M | 880.2 M | 924.2 M |
| PEG | 544.6 M | 1.5 B | 1.3 B | 1.2 B | 1.5 B | 1.7 B | 887 M | 1.6 B | 1.4 B | 1.7 B | 1.9 B | (648 M) | 1 B | 2.6 B | 1.8 B | 2 B | 1 B |
| DTE | 437.5 M | 711 M | 610 M | 661 M | 905 M | 727 M | 868 M | 1.1 B | 1.1 B | 1.2 B | 1.4 B | 907 M | 1.1 B | 1.4 B | 1.4 B | 1.6 B | 1.7 B |
| AEE | 334.7 M | 519 M | (974 M) | 289 M | 586 M | 630 M | 653 M | 523 M | 815 M | 828 M | 871 M | 990 M | 1.1 B | 1.2 B | 1.2 B | 1.4 B | 1.4 B |
| FTS | 35 M | 357 M | 362 M | 410 M | 379 M | 805 M | 660 M | 1 B | 1.2 B | 1.7 B | 1.3 B | 1.3 B | 1.4 B | 1.6 B | 1.7 B | 1.9 B | 2 B |
| ETR | 401 M | 1.4 B | 868.4 M | 730.6 M | 960.3 M | (156.7 M) | (564.5 M) | 425.4 M | 862.6 M | 1.3 B | 1.4 B | 1.1 B | 1.1 B | 2.4 B | 1.1 B | 1.2 B | 818 M |
| CMS | (269.8 M) | 415 M | 382 M | 452 M | 477 M | 523 M | 551 M | 460 M | 657 M | 680 M | 755 M | 1.4 B | 837 M | 887 M | 1 B | 1.1 B | 1.1 B |
| ES | 332.8 M | 394.7 M | 525.9 M | 786 M | 819.5 M | 878.5 M | 942.3 M | 988 M | 1 B | 909.1 M | 1.2 B | 1.2 B | 1.4 B | (442.2 M) | 811.7 M | 933.4 M | 980.1 M |
Consolidated Edison and related stocks such as WEC Energy Group, PGE Corp, and FirstEnergy Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Consolidated Edison financial statement analysis. It represents the amount of money remaining after all of Consolidated Edison operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Consolidated Edison Competitive Analysis
The better you understand Consolidated Edison competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Consolidated Edison's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Consolidated Edison's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Consolidated Edison Competition Performance Charts
Five steps to successful analysis of Consolidated Edison Competition
Consolidated Edison's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Consolidated Edison in relation to its competition. Consolidated Edison's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Consolidated Edison in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Consolidated Edison's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Consolidated Edison, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Consolidated Edison Correlation with its peers. For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Will Multi-Utilities sector continue expanding? Could Consolidated diversify its offerings? Factors like these will boost the valuation of Consolidated Edison. Projected growth potential of Consolidated fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Consolidated Edison data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 0.124 | Dividend Share 3.38 | Earnings Share 5.75 | Revenue Per Share | Quarterly Revenue Growth 0.107 |
Understanding Consolidated Edison requires distinguishing between market price and book value, where the latter reflects Consolidated's accounting equity. The concept of intrinsic value - what Consolidated Edison's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Consolidated Edison's price substantially above or below its fundamental value.
It's important to distinguish between Consolidated Edison's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Consolidated Edison should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Consolidated Edison's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.