Eversource Energy Stock Price Prediction
| ES Stock | USD 62.75 1.14 1.85% |
Oversold Vs Overbought
34
Oversold | Overbought |
Quarterly Earnings Growth 22.736 | EPS Estimate Next Quarter 1.05 | EPS Estimate Current Year 4.5579 | EPS Estimate Next Year 4.786 | Wall Street Target Price 73.6541 |
Using Eversource Energy hype-based prediction, you can estimate the value of Eversource Energy from the perspective of Eversource Energy response to recently generated media hype and the effects of current headlines on its competitors.
Eversource Energy Hype to Price Pattern
Investor biases related to Eversource Energy's public news can be used to forecast risks associated with an investment in Eversource. The trend in average sentiment can be used to explain how an investor holding Eversource can time the market purely based on public headlines and social activities around Eversource Energy. 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 Eversource Energy's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Eversource Energy.
The fear of missing out, i.e., FOMO, can cause potential investors in Eversource Energy to buy its stock at a price that has no basis in reality. In that case, they are not buying Eversource because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Eversource Energy after-hype prediction price | USD 62.67 |
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.
Eversource |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eversource Energy'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.
Eversource Energy After-Hype Price Prediction Density Analysis
As far as predicting the price of Eversource Energy at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Eversource Energy or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Eversource Energy, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Eversource Energy Estimiated After-Hype Price Volatility
In the context of predicting Eversource Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Eversource Energy's historical news coverage. Eversource Energy's after-hype downside and upside margins for the prediction period are 61.56 and 63.78, respectively. We have considered Eversource Energy's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Eversource Energy is very steady at this time. Analysis and calculation of next after-hype price of Eversource Energy is based on 3 months time horizon.
Eversource Energy Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Eversource Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Eversource Energy backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Eversource Energy, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.08 | 1.11 | 0.08 | 0.01 | 9 Events / Month | 11 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
62.75 | 62.67 | 0.13 |
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Eversource Energy Hype Timeline
As of November 22, 2024 Eversource Energy is listed for 62.75. The entity has historical hype elasticity of -0.08, and average elasticity to hype of competition of 0.01. Eversource is projected to decline in value after the next headline, with the price expected to drop to 62.67. The average volatility of media hype impact on the company price is about 118.09%. The price decline on the next news is expected to be -0.13%, whereas the daily expected return is currently at -0.08%. The volatility of related hype on Eversource Energy is about 763.49%, with the expected price after the next announcement by competition of 62.76. About 84.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.53. Some equities with similar Price to Book (P/B) outperform the market in the long run. Eversource Energy has Price/Earnings To Growth (PEG) ratio of 2.18. The entity recorded a loss per share of 1.61. The firm last dividend was issued on the 23rd of September 2024. Eversource Energy had 2:1 split on the 30th of April 2013. Allowing for the 90-day total investment horizon the next projected press release will be in about 9 days. Check out Eversource Energy Basic Forecasting Models to cross-verify your projections.Eversource Energy Related Hype Analysis
Having access to credible news sources related to Eversource Energy's direct competition is more important than ever and may enhance your ability to predict Eversource Energy's future price movements. Getting to know how Eversource Energy's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Eversource Energy may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CNP | CenterPoint Energy | 0.99 | 13 per month | 0.93 | 0.16 | 2.72 | (1.74) | 6.25 | |
| FE | FirstEnergy | (0.02) | 10 per month | 0.00 | (0.15) | 1.13 | (1.48) | 3.72 | |
| PNW | Pinnacle West Capital | (0.61) | 10 per month | 0.78 | 0.02 | 1.99 | (1.48) | 4.99 | |
| EIX | Edison International | 0.30 | 8 per month | 0.97 | (0.04) | 1.77 | (1.59) | 3.77 | |
| PEG | Public Service Enterprise | 1.87 | 10 per month | 1.44 | 0.07 | 2.31 | (2.23) | 10.21 | |
| DTE | DTE Energy | (1.18) | 10 per month | 1.38 | (0.08) | 1.44 | (2.13) | 5.21 | |
| LNT | Alliant Energy Corp | 1.32 | 9 per month | 1.01 | 0.04 | 2.04 | (1.89) | 5.81 | |
| AEE | Ameren Corp | (0.31) | 10 per month | 0.63 | 0.1 | 1.91 | (1.39) | 6.03 | |
| CMS | CMS Energy | (0.07) | 10 per month | 0.99 | (0.05) | 1.34 | (1.88) | 3.94 | |
| XEL | Xcel Energy | 0.39 | 11 per month | 0.39 | 0.15 | 1.90 | (1.15) | 7.27 | |
| ETR | Entergy | 0.44 | 10 per month | 1.03 | 0.13 | 2.07 | (1.52) | 21.62 | |
| ED | Consolidated Edison | (1.42) | 10 per month | 0.00 | (0.12) | 1.42 | (1.66) | 4.57 | |
| EXC | Exelon | 0.19 | 8 per month | 0.94 | (0.03) | 1.50 | (1.66) | 5.42 |
Eversource Energy Additional Predictive Modules
Most predictive techniques to examine Eversource price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Eversource using various technical indicators. When you analyze Eversource 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 |
About Eversource Energy Predictive Indicators
The successful prediction of Eversource Energy stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Eversource Energy, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Eversource Energy based on analysis of Eversource Energy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Eversource Energy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Eversource Energy's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.026 | 0.0298 | 0.0429 | 0.0413 | Price To Sales Ratio | 3.17 | 2.37 | 1.81 | 1.01 |
Story Coverage note for Eversource Energy
The number of cover stories for Eversource Energy depends on current market conditions and Eversource Energy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Eversource Energy is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Eversource Energy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Eversource Energy Short Properties
Eversource Energy's future price predictability will typically decrease when Eversource Energy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Eversource Energy often depends not only on the future outlook of the potential Eversource Energy'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. Eversource Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 349.6 M | |
| Cash And Short Term Investments | 53.9 M |
Additional Tools for Eversource Stock Analysis
When running Eversource Energy's price analysis, check to measure Eversource Energy'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 Eversource Energy is operating at the current time. Most of Eversource Energy's value examination focuses on studying past and present price action to predict the probability of Eversource Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eversource Energy's price. Additionally, you may evaluate how the addition of Eversource Energy to your portfolios can decrease your overall portfolio volatility.