Consolidated Edison Stock Price on July 29, 2024

ED Stock  USD 98.50  2.09  2.08%   
If you're considering investing in Consolidated Stock, it is important to understand the factors that can impact its price. As of today, the current price of Consolidated Edison stands at 98.50, as last reported on the 3rd of December, with the highest price reaching 100.84 and the lowest price hitting 98.20 during the day. Consolidated Edison secures Sharpe Ratio (or Efficiency) of -0.0715, which signifies that the company had a -0.0715% return per unit of risk over the last 3 months. Consolidated Edison exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Consolidated Edison's Risk Adjusted Performance of (0.05), mean deviation of 0.8393, and Standard Deviation of 1.03 to double-check the risk estimate we provide.
  
Consolidated Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0715

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Estimated Market Risk

 1.03
  actual daily
9
91% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average Consolidated Edison is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Consolidated Edison by adding Consolidated Edison to a well-diversified portfolio.

Consolidated Edison Valuation on July 29, 2024

It is possible to determine the worth of Consolidated Edison on a given historical date. On July 29, 2024 Consolidated was worth 95.02 at the beginning of the trading date compared to the closed value of 95.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Consolidated Edison stock. Still, in general, we apply an absolute valuation method to find Consolidated Edison's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Consolidated Edison where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Consolidated Edison's related companies.
 Open High Low Close Volume
  94.58    95.40    94.36    94.83    1,438,800  
07/29/2024
  95.02    95.47    94.40    95.26    1,320,200  
  95.18    96.74    95.06    96.53    1,127,000  
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Open Value
95.02
95.26
Closing Value
98.10
Upside

Consolidated Edison Trading Date Momentum on July 29, 2024

On July 30 2024 Consolidated Edison was traded for  96.53  at the closing time. The highest price during the trading period was 96.74  and the lowest recorded bid was listed for  95.06 . The volume for the day was 1.1 M. This history from July 30, 2024 contributed to the next trading day price growth. The overall trading delta to the next closing price was 1.33% . The overall trading delta to the current price is 3.87% .

Consolidated Edison Fundamentals Correlations and Trends

By evaluating Consolidated Edison's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Consolidated Edison's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Consolidated financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Consolidated Edison Stock history

Consolidated Edison investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Consolidated is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Consolidated Edison will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Consolidated Edison stock prices may prove useful in developing a viable investing in Consolidated Edison
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. The company was founded in 1823 and is based in New York, New York. Consolidated Edison operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 13871 people.

Consolidated Edison Stock Technical Analysis

Consolidated Edison technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Consolidated Edison technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Consolidated Edison trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Consolidated Edison Period Price Range

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Consolidated Edison cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Consolidated Edison December 3, 2024 Market Strength

Market strength indicators help investors to evaluate how Consolidated Edison stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Consolidated Edison shares will generate the highest return on investment. By undertsting and applying Consolidated Edison stock market strength indicators, traders can identify Consolidated Edison entry and exit signals to maximize returns

Consolidated Edison Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Consolidated Edison's price direction in advance. Along with the technical and fundamental analysis of Consolidated Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Consolidated to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Consolidated Stock analysis

When running Consolidated Edison's price analysis, check to measure Consolidated Edison'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 Consolidated Edison is operating at the current time. Most of Consolidated Edison's value examination focuses on studying past and present price action to predict the probability of Consolidated Edison's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Consolidated Edison's price. Additionally, you may evaluate how the addition of Consolidated Edison to your portfolios can decrease your overall portfolio volatility.
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