Consolidated Edison Backtesting

Consolidated Edison Inc -- USA Stock  

USD 77.77  0.66  0.86%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Consolidated Edison Inc and determine expected loss or profit from investing in Consolidated Edison over given investment horizon. Additionally see Consolidated Edison Hype Analysis, Consolidated Edison Correlation, Consolidated Edison Valuation, Consolidated Edison Volatility as well as analyze Consolidated Edison Alpha and Beta and Consolidated Edison Performance
 Time Horizon     30 Days    Login   to change

Consolidated Edison 'What if' Analysis

January 20, 2018
No Change 0.00  0.0%
In 31 days
February 19, 2018
If you would invest  0.00  in Consolidated Edison on January 20, 2018 and sell it all today you would earn a total of 0.00 from holding Consolidated Edison Inc or generate 0.0% return on investment in Consolidated Edison over 30 days. Consolidated Edison is related to or competes with Dominion Energy, Eversource Energy, NiSource, Ameren, and Avangrid. Consolidated Edison, Inc., through its subsidiaries, engages in regulated electric, gas, and steam delivery businesses i...

Consolidated Edison Upside/Downside Indicators


Consolidated Edison Market Premium Indicators

Consolidated Edison Inc lagged returns against current returns

 Current and Lagged Values 

Consolidated Edison regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Consolidated Edison Inc Backtested Returns

Macroaxis considers Consolidated Edison to be not too risky. Consolidated Edison Inc secures Sharpe Ratio (or Efficiency) of -0.0307 which signifies that Consolidated Edison Inc had -0.0307% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Consolidated Edison Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Consolidated Edison Inc Risk Adjusted Performance of 0.034899 and Mean Deviation of 0.9843 to double-check risk estimate we provide. Macroaxis gives Consolidated Edison performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.2158 which signifies that as returns on market increase, Consolidated Edison returns are expected to increase less than the market. However during bear market, the loss on holding Consolidated Edison will be expected to be smaller as well.. Even though it is essential to pay attention to Consolidated Edison Inc historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Consolidated Edison Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Consolidated Edison Inc has expected return of -0.0387%. Please be advised to confirm Consolidated Edison Inc Maximum Drawdown, Semi Variance and the relationship between Jensen Alpha and Potential Upside to decide if Consolidated Edison Inc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.71) 

Almost perfect reverse predictability

Consolidated Edison Inc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Consolidated Edison time series from January 20, 2018 to February 4, 2018 and February 4, 2018 to February 19, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Consolidated Edison Inc price movement. The serial correlation of -0.71 indicates that around 71.0% of current Consolidated Edison price fluctuation can be explain by its past prices. Given that Consolidated Edison Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Consolidated Edison for similar time interval.
Correlation Coefficient -0.71
Spearman Rank Test 0.1
Price Variance 0.95
Lagged Price Variance 1.01

Consolidated Edison Lagged Returns

 Regressed Prices 

Consolidated Edison Performance vs DOW

The median price of Consolidated Edison for the period between Sat, Jan 20, 2018 and Mon, Feb 19, 2018 is 78.27 with a coefficient of variation of 2.13. The daily time series for the period is distributed with a sample standard deviation of 1.66, arithmetic mean of 77.99, and mean deviation of 1.35. The Stock did not receive any noticable media coverage during the period.
February 13, 2018Consolidated Edison Dividend Paid
Price Growth (%)