Consolidated Edison Stock Technical Analysis
| ED Stock | USD 98.70 0.82 0.84% |
As of the 22nd of November, Consolidated Edison shows the Risk Adjusted Performance of (0.01), standard deviation of 0.9666, and Mean Deviation of 0.7923. Consolidated Edison technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Consolidated Edison treynor ratio, as well as the relationship between the value at risk and skewness to decide if Consolidated Edison is priced correctly, providing market reflects its regular price of 98.7 per share. Given that Consolidated Edison has information ratio of (0.12), we suggest you to validate Consolidated Edison's prevailing market performance to make sure the company can sustain itself at a future point.
Consolidated Edison Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Consolidated, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ConsolidatedConsolidated |
Consolidated Edison Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 88.0 | Hold | 19 | Odds |
Most Consolidated analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Consolidated stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Consolidated Edison, talking to its executives and customers, or listening to Consolidated conference calls.
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.
Consolidated Edison Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Consolidated Edison volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Consolidated Edison Trend Analysis
Use this graph to draw trend lines for Consolidated Edison. You can use it to identify possible trend reversals for Consolidated Edison as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Consolidated Edison price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Consolidated Edison Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Consolidated Edison applied against its price change over selected period. The best fit line has a slop of 0.09 , which may indicate that the price for Consolidated Edison will continue to decline. It has 122 observation points and a regression sum of squares at 283.65, which is the sum of squared deviations for the predicted Consolidated Edison price change compared to its average price change.About Consolidated Edison Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Consolidated Edison on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Consolidated Edison based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Consolidated Edison price pattern first instead of the macroeconomic environment surrounding Consolidated Edison. By analyzing Consolidated Edison's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Consolidated Edison's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Consolidated Edison specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2020 | 2022 | 2024 (projected) | Dividend Yield | 0.0403 | 0.0322 | 0.0515 | Price To Sales Ratio | 1.98 | 2.16 | 2.27 |
Consolidated Edison November 22, 2024 Technical Indicators
Most technical analysis of Consolidated help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Consolidated from various momentum indicators to cycle indicators. When you analyze Consolidated charts, please remember that the event formation may indicate an entry point for a short seller, and look at different 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 |
| Risk Adjusted Performance | (0.01) | |||
| Market Risk Adjusted Performance | (1.20) | |||
| Mean Deviation | 0.7923 | |||
| Coefficient Of Variation | (5,565) | |||
| Standard Deviation | 0.9666 | |||
| Variance | 0.9342 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (1.21) | |||
| Maximum Drawdown | 4.57 | |||
| Value At Risk | (1.66) | |||
| Potential Upside | 1.42 | |||
| Skewness | (0.11) | |||
| Kurtosis | (0.39) |
Consolidated Edison November 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Consolidated stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 20,261 | ||
| Daily Balance Of Power | 0.60 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 98.03 | ||
| Day Typical Price | 98.25 | ||
| Price Action Indicator | 1.08 |
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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