Consolidated Edison Stock Price on September 30, 2023
| ED Stock | USD 92.93 1.18 1.25% |
Below is the normalized historical share price chart for Consolidated Edison extending back to January 02, 1962. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Consolidated Edison stands at 92.93, as last reported on the 28th of April, with the highest price reaching 94.38 and the lowest price hitting 92.93 during the day.
If you're considering investing in Consolidated Stock, it is important to understand the factors that can impact its price. We consider Consolidated Edison very steady. Consolidated Edison secures Sharpe Ratio (or Efficiency) of 0.0541, which signifies that the company had a 0.0541% return per unit of risk over the last 3 months. We have found thirty technical indicators for Consolidated Edison, which you can use to evaluate the volatility of the firm. Please confirm Consolidated Edison's Risk Adjusted Performance of 0.0587, downside deviation of 1.18, and Mean Deviation of 0.8186 to double-check if the risk estimate we provide is consistent with the expected return of 0.0606%.
At present, Consolidated Edison's Stock Based Compensation is projected to increase significantly based on the last few years of reporting. . 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. Consolidated Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of January 1970 | 200 Day MA 90.0241 | 50 Day MA 89.4702 | Beta 0.353 |
Consolidated |
Sharpe Ratio = 0.0541
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Estimated Market Risk
| 1.12 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Consolidated Edison is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Consolidated Edison by adding it to a well-diversified portfolio.
Price Book 1.4482 | Enterprise Value Ebitda 8.9916 | Price Sales 2.0897 | Shares Float 344.8 M | Dividend Share 3.24 |
Consolidated Edison Valuation on September 30, 2023
It is possible to determine the worth of Consolidated Edison on a given historical date. On September 30, 2023 Consolidated was worth 86.23 at the beginning of the trading date compared to the closed value of 83.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Consolidated Edison stock. Still, in general, we apply an absolute valuation method to find Consolidated Edison's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Consolidated Edison where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Consolidated Edison's related companies.
| Open | High | Low | Close | Volume | |
| 87.05 | 87.24 | 83.92 | 83.92 | 1,975,700 | |
09/29/2023 | 86.23 | 86.75 | 83.96 | 83.96 | 2,011,200 |
| 85.02 | 85.19 | 80.12 | 80.12 | 2,440,200 |
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Consolidated Edison Trading Date Momentum on September 30, 2023
| On October 02 2023 Consolidated Edison was traded for 80.12 at the closing time. The highest price during the trading period was 85.19 and the lowest recorded bid was listed for 80.12 . The volume for the day was 2.4 M. This history from October 2, 2023 contributed to the next trading day price decline. The overall trading delta to the next closing price was 4.57% . The overall trading delta to the current price is 2.83% . |
Consolidated Edison Fundamentals Correlations and Trends
By evaluating Consolidated Edison's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Consolidated Edison's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Consolidated financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Consolidated Edison Stock history
Consolidated Edison investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Consolidated is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Consolidated Edison will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Consolidated Edison stock prices may prove useful in developing a viable investing in Consolidated Edison
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 349.3 M | 290.5 M | |
| Net Income Applicable To Common Shares | 1.9 B | 1.1 B |
Consolidated Edison Stock Technical Analysis
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.
Price Boundaries
Consolidated Edison Period Price Range
Low | September 29, 2023
| High |
86.23 | 83.96 |
Consolidated Edison April 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Consolidated Edison stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Consolidated Edison shares will generate the highest return on investment. By undertsting and applying Consolidated Edison stock market strength indicators, traders can identify Consolidated Edison entry and exit signals to maximize returns
| Accumulation Distribution | 64682.97 | |||
| Daily Balance Of Power | (0.81) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 85.35 | |||
| Day Typical Price | 84.89 | |||
| Price Action Indicator | (2.53) | |||
| Period Momentum Indicator | 8.97 | |||
| Relative Strength Index | 48.57 |
Consolidated Edison Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Consolidated Edison's price direction in advance. Along with the technical and fundamental analysis of Consolidated Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Consolidated to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0587 | |||
| Jensen Alpha | 0.0324 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.007 | |||
| Treynor Ratio | 0.1259 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Consolidated Edison. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.