Edison International (Germany) Probability of Future Stock Price Finishing Over 82.94
| EIX Stock | EUR 82.94 0.16 0.19% |
Edison |
Edison International Target Price Odds to finish over 82.94
The tendency of Edison 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 above the current price in 90 days |
| 82.94 | 90 days | 82.94 | near 1 |
Based on a normal probability distribution, the odds of Edison International to move above the current price in 90 days from now is near 1 (This Edison International probability density function shows the probability of Edison Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days horizon Edison International has a beta of 0.0262 suggesting as returns on the market go up, Edison International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Edison International will be expected to be much smaller as well. Additionally Edison International has an alpha of 0.1428, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Edison International Price Density |
| Price |
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.Edison International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Edison International is not an exception. The market had few large corrections towards the Edison International'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 Edison International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Edison International within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | 0.03 | |
σ | Overall volatility | 1.77 | |
Ir | Information ratio | 0.02 |
Edison International 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 Edison International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Edison International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Edison International has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Edison International has accumulated 27.02 B in total debt with debt to equity ratio (D/E) of 141.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Edison International has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Edison International until it has trouble settling it off, either with new capital or with free cash flow. So, Edison International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Edison International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Edison to invest in growth at high rates of return. When we think about Edison International's use of debt, we should always consider it together with cash and equity. | |
| Over 91.0% of Edison International shares are held by institutions such as insurance companies |
Edison International 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 Edison Stock often depends not only on the future outlook of the current and potential Edison International'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. Edison International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 382.2 M |
Edison International Technical Analysis
Edison International's future price can be derived by breaking down and analyzing its technical indicators over time. Edison Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Edison International. In general, you should focus on analyzing Edison Stock price patterns and their correlations with different microeconomic environments and drivers.
Edison International Predictive Forecast Models
Edison International's time-series forecasting models is one of many Edison International'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 Edison International'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 Edison International
Checking the ongoing alerts about Edison International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Edison International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Edison International has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Edison International has accumulated 27.02 B in total debt with debt to equity ratio (D/E) of 141.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Edison International has a current ratio of 0.68, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Edison International until it has trouble settling it off, either with new capital or with free cash flow. So, Edison International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Edison International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Edison to invest in growth at high rates of return. When we think about Edison International's use of debt, we should always consider it together with cash and equity. | |
| Over 91.0% of Edison International shares are held by institutions such as insurance companies |
Additional Information and Resources on Investing in Edison Stock
When determining whether Edison International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edison International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edison International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edison International Stock:Check out Edison International Backtesting, Edison International Valuation, Edison International Correlation, Edison International Hype Analysis, Edison International Volatility, Edison International History as well as Edison International Performance. For more detail on how to invest in Edison Stock please use our How to Invest in Edison International guide.You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.