Edison International Stock Forecast - Simple Exponential Smoothing
| EIX Stock | USD 60.93 0.91 1.52% |
The Simple Exponential Smoothing forecasted value of Edison International on the next trading day is expected to be 60.93 with a mean absolute deviation of 0.65 and the sum of the absolute errors of 38.84. Edison Stock Forecast is based on your current time horizon.
The relative strength index (RSI) of Edison International's share price is below 30 at this time suggesting that the stock is becoming oversold or undervalued. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Edison International, making its price go up or down. Momentum 25
Sell Stretched
Oversold | Overbought |
Quarterly Earnings Growth 0.636 | EPS Estimate Next Quarter 1.565 | EPS Estimate Current Year 6.0711 | EPS Estimate Next Year 6.1489 | Wall Street Target Price 66.2857 |
Using Edison International hype-based prediction, you can estimate the value of Edison International from the perspective of Edison International response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Edison International using Edison International's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Edison using crowd psychology based on the activity and movement of Edison International's stock price.
Edison International Short Interest
An investor who is long Edison International may also wish to track short interest. As short interest increases, investors should be becoming more worried about Edison International and may potentially protect profits, hedge Edison International with its derivative instruments, or be ready for some potential downside.
200 Day MA 55.5421 | Short Percent 0.0278 | Short Ratio 2.89 | Shares Short Prior Month 8.5 M | 50 Day MA 58.086 |
Edison International Hype to Price Pattern
Investor biases related to Edison International's public news can be used to forecast risks associated with an investment in Edison. The trend in average sentiment can be used to explain how an investor holding Edison can time the market purely based on public headlines and social activities around Edison International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Edison International's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Edison International.
Edison International Implied Volatility | 0.34 |
Edison International's implied volatility exposes the market's sentiment of Edison International stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Edison International's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Edison International stock will not fluctuate a lot when Edison International's options are near their expiration.
The Simple Exponential Smoothing forecasted value of Edison International on the next trading day is expected to be 60.93 with a mean absolute deviation of 0.65 and the sum of the absolute errors of 38.84. Edison International after-hype prediction price | USD 60.74 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Edison International to cross-verify your projections. Open Interest Against 2026-02-20 Edison Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Edison International's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Edison International's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Edison International stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Edison International's open interest, investors have to compare it to Edison International's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Edison International is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Edison. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Edison International Additional Predictive Modules
Most predictive techniques to examine Edison price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Edison using various technical indicators. When you analyze Edison charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Edison International Simple Exponential Smoothing Price Forecast For the 5th of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Edison International on the next trading day is expected to be 60.93 with a mean absolute deviation of 0.65, mean absolute percentage error of 0.62, and the sum of the absolute errors of 38.84.Please note that although there have been many attempts to predict Edison Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Edison International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Edison International Stock Forecast Pattern
| Backtest Edison International | Edison International Price Prediction | Buy or Sell Advice |
Edison International Forecasted Value
In the context of forecasting Edison International's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Edison International's downside and upside margins for the forecasting period are 59.57 and 62.29, respectively. We have considered Edison International's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Edison International stock data series using in forecasting. Note that when a statistical model is used to represent Edison International stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 115.7867 |
| Bias | Arithmetic mean of the errors | -0.1243 |
| MAD | Mean absolute deviation | 0.6473 |
| MAPE | Mean absolute percentage error | 0.0113 |
| SAE | Sum of the absolute errors | 38.84 |
Predictive Modules for Edison International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edison International. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Other Forecasting Options for Edison International
For every potential investor in Edison, whether a beginner or expert, Edison International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Edison Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Edison. Basic forecasting techniques help filter out the noise by identifying Edison International's price trends.Edison International Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Edison International stock to make a market-neutral strategy. Peer analysis of Edison International could also be used in its relative valuation, which is a method of valuing Edison International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Edison International Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Edison International's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Edison International's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Edison International Market Strength Events
Market strength indicators help investors to evaluate how Edison International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Edison International shares will generate the highest return on investment. By undertsting and applying Edison International stock market strength indicators, traders can identify Edison International entry and exit signals to maximize returns.
Edison International Risk Indicators
The analysis of Edison International's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Edison International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting edison stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.14 | |||
| Semi Deviation | 1.28 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.01 | |||
| Downside Variance | 1.96 | |||
| Semi Variance | 1.64 | |||
| Expected Short fall | (1.23) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.| JBL | Jabil Circuit | |
| MRK | Merck Company | |
| AMGN | Amgen Inc |
Additional Tools for Edison Stock Analysis
When running Edison International's price analysis, check to measure Edison International'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 Edison International is operating at the current time. Most of Edison International's value examination focuses on studying past and present price action to predict the probability of Edison International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison International's price. Additionally, you may evaluate how the addition of Edison International to your portfolios can decrease your overall portfolio volatility.