EDISON INTL (Germany) Price on April 9, 2024
EIX Stock | EUR 83.24 0.10 0.12% |
If you're considering investing in EDISON Stock, it is important to understand the factors that can impact its price. As of today, the current price of EDISON INTL stands at 83.24, as last reported on the 30th of November, with the highest price reaching 83.24 and the lowest price hitting 83.24 during the day. Currently, EDISON INTL is very steady. EDISON INTL secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for EDISON INTL, which you can use to evaluate the volatility of the firm. Please confirm EDISON INTL's downside deviation of 1.18, and Mean Deviation of 0.5789 to check if the risk estimate we provide is consistent with the expected return of 0.12%.
EDISON Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
EDISON |
Sharpe Ratio = 0.1395
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Estimated Market Risk
0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average EDISON INTL is performing at about 10% of its full potential. 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 EDISON INTL by adding it to a well-diversified portfolio.
EDISON INTL Valuation on April 9, 2024
It is possible to determine the worth of EDISON INTL on a given historical date. On April 9, 2024 EDISON was worth 63.6 at the beginning of the trading date compared to the closed value of 63.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of EDISON INTL stock. Still, in general, we apply an absolute valuation method to find EDISON INTL'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 EDISON INTL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against EDISON INTL's related companies.
Open | High | Low | Close | Volume | |
63.60 | 63.60 | 63.60 | 63.60 | 1.00 | |
04/09/2024 | 63.60 | 63.60 | 63.60 | 63.60 | 1.00 |
63.60 | 63.60 | 63.60 | 63.60 | 1.00 |
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EDISON INTL Trading Date Momentum on April 9, 2024
On April 10 2024 EDISON INTL was traded for 63.60 at the closing time. The maximum traded price for the trading interval was 63.60 and the lowest daily price was 63.60 . There was no trading activity during the period 1.0. Lack of trading volume on 10th of April 2024 did not affect price variability. The overall trading delta to the closing price today is 2.41% . |
EDISON INTL Fundamentals Correlations and Trends
By evaluating EDISON INTL'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 EDISON INTL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. EDISON financial account trend analysis is a perfect complement when working with valuation or volatility modules.About EDISON INTL Stock history
EDISON INTL 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 EDISON is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in EDISON INTL 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 EDISON INTL stock prices may prove useful in developing a viable investing in EDISON INTL
EDISON INTL Stock Technical Analysis
EDISON INTL 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.
Price Boundaries
EDISON INTL Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
EDISON INTL cannot be verified against its exchange. Please verify the symbol is currently traded on Munich 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.
EDISON INTL November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how EDISON INTL 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 INTL shares will generate the highest return on investment. By undertsting and applying EDISON INTL stock market strength indicators, traders can identify EDISON INTL entry and exit signals to maximize returns
EDISON INTL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for EDISON INTL's price direction in advance. Along with the technical and fundamental analysis of EDISON Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of EDISON 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.
Risk Adjusted Performance | 0.1395 | |||
Jensen Alpha | 0.1054 | |||
Total Risk Alpha | 0.0022 | |||
Sortino Ratio | 0.0165 | |||
Treynor Ratio | 0.4498 |
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Additional Tools for EDISON Stock Analysis
When running EDISON INTL's price analysis, check to measure EDISON INTL'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 INTL is operating at the current time. Most of EDISON INTL's value examination focuses on studying past and present price action to predict the probability of EDISON INTL'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 INTL's price. Additionally, you may evaluate how the addition of EDISON INTL to your portfolios can decrease your overall portfolio volatility.