Consolidated Edison Stock Probability of Future Stock Price Finishing Over 104.04
| ED Stock | USD 100.59 0.99 0.97% |
Closest to current price Consolidated long CALL Option Payoff at Expiration
Consolidated |
Consolidated Edison Target Price Odds to finish over 104.04
The tendency of Consolidated Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 104.04 or more in 90 days |
| 100.59 | 90 days | 104.04 | about 17.64 |
Based on a normal probability distribution, the odds of Consolidated Edison to move over $ 104.04 or more in 90 days from now is about 17.64 (This Consolidated Edison probability density function shows the probability of Consolidated Stock to fall within a particular range of prices over 90 days) . Probability of Consolidated Edison price to stay between its current price of $ 100.59 and $ 104.04 at the end of the 90-day period is about 43.93 .
Allowing for the 90-day total investment horizon Consolidated Edison has a beta of 0.0733 suggesting as returns on the market go up, Consolidated Edison average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Consolidated Edison will be expected to be much smaller as well. Additionally Consolidated Edison has an alpha of 0.0295, implying that it can generate a 0.0295 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Consolidated Edison Price Density |
| Price |
Predictive Modules for Consolidated Edison
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Consolidated Edison. 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.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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Consolidated Edison is not an exception. The market had few large corrections towards the Consolidated Edison's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Consolidated Edison, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Consolidated Edison within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 2.82 | |
Ir | Information ratio | -0.08 |
Consolidated Edison Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Consolidated Edison for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Consolidated Edison can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Consolidated Edison generated a negative expected return over the last 90 days | |
| Consolidated Edison reports 25.01 B of total liabilities with total debt to equity ratio (D/E) of 1.24, which is normal for its line of buisiness. Consolidated Edison has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Consolidated to invest in growth at high rates of return. | |
| Consolidated Edison has a strong financial position based on the latest SEC filings | |
| About 70.0% of Consolidated Edison shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Consolidated Edison, Inc. Shares Sold by Centaurus Financial Inc. |
Consolidated Edison Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Consolidated Stock often depends not only on the future outlook of the current and potential Consolidated Edison's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Consolidated Edison's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 349.3 M | |
| Cash And Short Term Investments | 1.2 B |
Consolidated Edison Technical Analysis
Consolidated Edison's future price can be derived by breaking down and analyzing its technical indicators over time. Consolidated Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Consolidated Edison. In general, you should focus on analyzing Consolidated Stock price patterns and their correlations with different microeconomic environments and drivers.
Consolidated Edison Predictive Forecast Models
Consolidated Edison's time-series forecasting models is one of many Consolidated Edison's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Consolidated Edison's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Consolidated Edison
Checking the ongoing alerts about Consolidated Edison for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Consolidated Edison help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Consolidated Edison generated a negative expected return over the last 90 days | |
| Consolidated Edison reports 25.01 B of total liabilities with total debt to equity ratio (D/E) of 1.24, which is normal for its line of buisiness. Consolidated Edison has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Note however, debt could still be an excellent tool for Consolidated to invest in growth at high rates of return. | |
| Consolidated Edison has a strong financial position based on the latest SEC filings | |
| About 70.0% of Consolidated Edison shares are held by institutions such as insurance companies | |
| Latest headline from thelincolnianonline.com: Consolidated Edison, Inc. Shares Sold by Centaurus Financial Inc. |
Check out Consolidated Edison Backtesting, Consolidated Edison Valuation, Consolidated Edison Correlation, Consolidated Edison Hype Analysis, Consolidated Edison Volatility, Consolidated Edison History as well as Consolidated Edison Performance. For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Multi-Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Consolidated Edison. If investors know Consolidated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Consolidated Edison listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.112 | Dividend Share 3.3 | Earnings Share 5.32 | Revenue Per Share 43.464 | Quarterly Revenue Growth 0.057 |
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.