Edison SpA technical analysis allows you to utilize historical prices
and volume patterns in order to determine a pattern that computes the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices
and volume momentum or the prices will eventually revert. We found nineteen technical drivers
for Edison SpA which can be compared to its rivals. Please confirm Edison SpA Coefficient Of Variation
, Jensen Alpha
, Potential Upside
, as well as the relationship
and Maximum Drawdown
to decide if Edison SpA is priced favorably providing market reflects its regular price of 0.5 per share. Use Edison SpA technical analysis together with your stock portfolios to protect against small markets fluctuations and to determine Stock optimization strategy that fits your criteria.
Use this graph to draw trend lines for Edison SpA. You can use it to identify possible trend reversals for 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 Edison price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Edison Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Edison SpA applied against its price change over selected period. The best fit line has a slop of ? %
. It has 0 observation points and regression sum of squers of 0.0 which is sum of squared deviations of the predicted Edison price change against its avarage change.
Edison has a best fit line with a correlation coefficient of 0.0. and coefficient of determination of 0.0. Note, that the company has price-to-book (p/b) ratio of 0.68.