Consolidated Edison Stock Probability of Future Stock Price Finishing Under 65.69

ED Stock  USD 90.05  2.60  2.97%   
Consolidated Edison's implied volatility is one of the determining factors in the pricing options written on Consolidated Edison. Implied volatility approximates the future value of Consolidated Edison based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Consolidated Edison over a specific time period. For example, 2024-04-19 CALL at $90.0 is a CALL option contract on Consolidated Edison's common stock with a strick price of 90.0 expiring on 2024-04-19. The contract was last traded on 2024-03-27 at 15:53:53 for $1.36 and, as of today, has 22 days remaining before the expiration. The option is currently trading at a bid price of $1.45, and an ask price of $1.6. The implied volatility as of the 28th of March is 16.52. View All Consolidated options

Closest to current price Consolidated long CALL Option Payoff at Expiration

Consolidated Edison's future price is the expected price of Consolidated Edison instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Consolidated Edison performance during a given time horizon utilizing its historical volatility. Check out Consolidated Edison Backtesting, Consolidated Edison Valuation, Consolidated Edison Correlation, Consolidated Edison Hype Analysis, Consolidated Edison Volatility, Consolidated Edison History as well as Consolidated Edison Performance.
For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.
  
At present, Consolidated Edison's Price To Operating Cash Flows Ratio is projected to increase based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 15.40, whereas Price Book Value Ratio is forecasted to decline to 1.30. Please specify Consolidated Edison's target price for which you would like Consolidated Edison odds to be computed.

Consolidated Edison Target Price Odds to finish below 65.69

The tendency of Consolidated Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 65.69  or more in 90 days
 90.05 90 days 65.69 
near 1
Based on a normal probability distribution, the odds of Consolidated Edison to drop to $ 65.69  or more in 90 days from now is near 1 (This Consolidated Edison probability density function shows the probability of Consolidated Stock to fall within a particular range of prices over 90 days) . Probability of Consolidated Edison price to stay between $ 65.69  and its current price of $90.05 at the end of the 90-day period is about 69.08 .
Allowing for the 90-day total investment horizon Consolidated Edison has a beta of 0.77 suggesting as returns on the market go up, Consolidated Edison average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Consolidated Edison will be expected to be much smaller as well. Additionally Consolidated Edison has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Consolidated Edison Price Density   
       Price  

Predictive Modules for Consolidated Edison

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Consolidated Edison. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Consolidated Edison'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.
Hype
Prediction
LowEstimatedHigh
89.0590.0691.07
Details
Intrinsic
Valuation
LowRealHigh
87.9688.9799.06
Details
Naive
Forecast
LowNextHigh
86.9387.9488.95
Details
17 Analysts
Consensus
LowTargetHigh
80.0888.0097.68
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Consolidated Edison. Your research has to be compared to or analyzed against Consolidated Edison's peers to derive any actionable benefits. When done correctly, Consolidated Edison's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Consolidated Edison.

Consolidated Edison Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Consolidated Edison is not an exception. The market had few large corrections towards the Consolidated Edison's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Consolidated Edison, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Consolidated Edison within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.07
β
Beta against NYSE Composite0.77
σ
Overall volatility
1.62
Ir
Information ratio -0.1

Consolidated Edison Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Consolidated Edison for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Consolidated Edison can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
The company reports 25.01 B of total liabilities with total debt to equity ratio (D/E) of 1.24, which is normal for its line of buisiness. Consolidated Edison has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Consolidated Edison until it has trouble settling it off, either with new capital or with free cash flow. So, Consolidated Edison's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Consolidated Edison sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Consolidated to invest in growth at high rates of return. When we think about Consolidated Edison's use of debt, we should always consider it together with cash and equity.
Consolidated Edison has a strong financial position based on the latest SEC filings
About 68.0% of Consolidated Edison shares are held by institutions such as insurance companies
On 15th of March 2024 Consolidated Edison paid $ 0.83 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: NYCs Curbside EV Chargers Are Popular and Often Blocked

Consolidated Edison Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Consolidated Stock often depends not only on the future outlook of the current and potential Consolidated Edison'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. Consolidated Edison's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding349.3 M
Cash And Short Term Investments1.2 B

Consolidated Edison Technical Analysis

Consolidated Edison's future price can be derived by breaking down and analyzing its technical indicators over time. Consolidated Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Consolidated Edison. In general, you should focus on analyzing Consolidated Stock price patterns and their correlations with different microeconomic environments and drivers.

Consolidated Edison Predictive Forecast Models

Consolidated Edison's time-series forecasting models is one of many Consolidated Edison's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Consolidated Edison's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Consolidated Edison

Checking the ongoing alerts about Consolidated Edison for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Consolidated Edison help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company reports 25.01 B of total liabilities with total debt to equity ratio (D/E) of 1.24, which is normal for its line of buisiness. Consolidated Edison has a current ratio of 0.81, implying that it has not enough working capital to pay out debt commitments in time. Debt can assist Consolidated Edison until it has trouble settling it off, either with new capital or with free cash flow. So, Consolidated Edison's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Consolidated Edison sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Consolidated to invest in growth at high rates of return. When we think about Consolidated Edison's use of debt, we should always consider it together with cash and equity.
Consolidated Edison has a strong financial position based on the latest SEC filings
About 68.0% of Consolidated Edison shares are held by institutions such as insurance companies
On 15th of March 2024 Consolidated Edison paid $ 0.83 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: NYCs Curbside EV Chargers Are Popular and Often Blocked
When determining whether Consolidated Edison is a strong investment it is important to analyze Consolidated Edison's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Consolidated Edison's future performance. For an informed investment choice regarding Consolidated Stock, refer to the following important reports:
Check out Consolidated Edison Backtesting, Consolidated Edison Valuation, Consolidated Edison Correlation, Consolidated Edison Hype Analysis, Consolidated Edison Volatility, Consolidated Edison History as well as Consolidated Edison Performance.
For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.
Note that the Consolidated Edison information on this page should be used as a complementary analysis to other Consolidated Edison's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

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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Is Consolidated Edison's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Consolidated Edison. If investors know Consolidated will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Consolidated Edison listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.821
Dividend Share
3.24
Earnings Share
7.21
Revenue Per Share
42.171
Quarterly Revenue Growth
(0.15)
The market value of Consolidated Edison is measured differently than its book value, which is the value of Consolidated that is recorded on the company's balance sheet. Investors also form their own opinion of Consolidated Edison's value that differs from its market value or its book value, called intrinsic value, which is Consolidated Edison's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Consolidated Edison's market value can be influenced by many factors that don't directly affect Consolidated Edison's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Consolidated Edison's value and its price as these two are different measures arrived at by different means. Investors typically determine if Consolidated Edison is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Consolidated Edison's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.