Consolidated Edison Stock Forward View - Triple Exponential Smoothing
| ED Stock | USD 109.06 -1.19 -1.08% |
Consolidated Edison's Triple Exponential Smoothing forecast is generated from the selected price series and evaluated against observed values. Forecast accuracy depends on how stable the recent price trend has been — trending markets suit some models better than others. The forecast is recalculated with each session so it does not rely on stale inputs. A small Bias confirms the model is not systematically over- or under-predicting. The Triple Exponential Smoothing model projects Consolidated Edison at 108.95 for the next trading day, below the most recent closing price. All values shown are model-generated projections and should be evaluated alongside other analytical inputs.
Triple Exponential Smoothing Price Forecast For the 27th of April
Over a 90-day horizon, the Triple Exponential Smoothing model forecasts Consolidated Edison at 108.95 for the next trading day, with a mean absolute deviation of 1.04 , mean absolute percentage error of 0.01 , and sum of absolute errors of 61.57 .This represents a very tight forecast — the model closely tracks Consolidated Edison's recent price behavior. This output is intended for short-term analytical reference.
Stock Forecast Pattern
| Backtest Consolidated Edison | Consolidated Edison Price Prediction | Research Analysis |
Forecasted Value
The projected range for Consolidated Edison reflects the model's ability to define credible downside and upside scenarios for the next trading day. The current forecast range spans downside near 107.87 and upside near 110.03. The narrow range indicates limited short-term dispersion.
Model Predictive Factors
The table below summarizes the Triple Exponential Smoothing model's error metrics for Consolidated Edison stock. Lower MAD and MAPE values indicate tighter forecast accuracy. AIC measures relative model quality — lower values indicate less information loss and a better-fitting model. A large Bias suggests systematic over- or under-prediction.| AIC | Akaike Information Criteria | Huge |
| Bias | Arithmetic mean of the errors | 0.2245 |
| MAD | Mean absolute deviation | 1.0435 |
| MAPE | Mean absolute percentage error | 0.0094 |
| SAE | Sum of the absolute errors | 61.5691 |
Other Forecasting Options for Consolidated Edison
Bollinger Bands applied to Consolidated Stock price data measure how far Consolidated has deviated from its recent average relative to its own volatility. This distinction drives the choice of forecasting model applied to Consolidated Edison's price data. On-balance volume for Consolidated Stock creates a running indicator of buying versus selling pressure in Consolidated. Price departures from the channel boundary often mean-revert, offering tactical signals for Consolidated Edison's.Consolidated Edison Related Equities
These stocks within the Utilities space are often compared to Consolidated Edison by analysts and fund managers in the sector. Peer review on balance sheet metrics shows how Consolidated Edison's capital structure stacks up against similar firms.
| Risk & Return | Correlation |
Consolidated Edison Market Strength Events
Market strength indicators for Consolidated Edison quantify how the stock responds to shifts in volume and sentiment. These indicators capture shifts in momentum that may precede significant price moves in Consolidated Edison. The Market Facilitation Index measures how efficiently price moves relative to volume — rising MFI with rising volume signals strong trend participation. Monitoring these indicators for Consolidated Edison through complete market cycles reveals recurring patterns.
Consolidated Edison Risk Indicators
Analyzing Consolidated Edison's risk indicators separates symmetric price swings from asymmetric downside exposure. Understanding and quantifying the risks present in Consolidated Edison helps place recent price behavior in context. These metrics are most informative when compared against similar equities with comparable growth profiles and market capitalization. When semi-deviation is high relative to standard deviation, Consolidated Edison's losses have been disproportionately large compared to gains.
| Mean Deviation | 0.8799 | |||
| Semi Deviation | 0.942 | |||
| Standard Deviation | 1.07 | |||
| Variance | 1.14 | |||
| Downside Variance | 1.01 | |||
| Semi Variance | 0.8873 | |||
| Expected Short fall | -0.97 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Consolidated Edison Short Properties
Reviewing short-oriented indicators for Consolidated Edison is useful because long and short participants often create very different signals for timing and volatility. A disciplined short-interest review can make timing decisions more informed under rising skepticism.
| Common Stock Shares Outstanding | 358.7 M | |
| Cash And Short Term Investments | 1.6 B |