Edison Operating Margin from 2010 to 2024
| EIX Stock | USD 70.82 0.03 0.04% |
Check Edison International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Edison main balance sheet or income statement drivers, such as Interest Expense of 1.7 B, Total Revenue of 11.9 B or Gross Profit of 4.9 B, as well as many exotic indicators such as Price To Sales Ratio of 0.96, Dividend Yield of 0.0408 or PTB Ratio of 1.21. Edison financial statements analysis is a perfect complement when working with Edison International Valuation or Volatility modules.
Edison | Operating Margin |
Latest Edison International's Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Edison International over the last few years. It is Edison International's Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Edison International's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 0.26 % | 10 Years Trend |
|
Operating Profit Margin |
| Timeline |
Edison Operating Margin Regression Statistics
| Arithmetic Mean | 0.13 | |
| Coefficient Of Variation | 53.83 | |
| Mean Deviation | 0.05 | |
| Median | 0.14 | |
| Standard Deviation | 0.07 | |
| Sample Variance | 0 | |
| Range | 0.2635 | |
| R-Value | (0.18) | |
| Mean Square Error | 0.01 | |
| R-Squared | 0.03 | |
| Significance | 0.52 | |
| Slope | (0) | |
| Total Sum of Squares | 0.07 |
Edison Operating Margin History
About Edison International Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Edison International income statement, its balance sheet, and the statement of cash flows. Edison International investors use historical funamental indicators, such as Edison International's Operating Margin, to determine how well the company is positioned to perform in the future. Although Edison International investors may use each financial statement separately, they are all related. The changes in Edison International's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Edison International's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Edison International Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Edison International. Please read more on our technical analysis and fundamental analysis pages.
Edison International, through its subsidiaries, generates and distributes electric power. The company was founded in 1886 and is headquartered in Rosemead, California. Edison International operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 13003 people.
Pair Trading with Edison International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Edison International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Edison International will appreciate offsetting losses from the drop in the long position's value.Moving together with Edison Stock
| 0.91 | D | Dominion Energy Earnings Call This Week | PairCorr |
| 0.66 | ED | Consolidated Edison Earnings Call This Week | PairCorr |
| 0.73 | ES | Eversource Energy Earnings Call This Week | PairCorr |
| 0.69 | FE | FirstEnergy Earnings Call Tomorrow | PairCorr |
Moving against Edison Stock
| 0.71 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
| 0.43 | EBR | Centrais Electricas Financial Report 2nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Edison International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edison International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Edison International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Edison International to buy it.
The correlation of Edison International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Edison International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edison International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Edison International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Edison International Correlation against competitors. For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Edison Stock analysis
When running Edison International's price analysis, check to measure Edison International'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 Edison International is operating at the current time. Most of Edison International's value examination focuses on studying past and present price action to predict the probability of Edison International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison International's price. Additionally, you may evaluate how the addition of Edison International to your portfolios can decrease your overall portfolio volatility.
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Is Edison International'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 Edison International. If investors know Edison 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 Edison International 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 (0.09) | Dividend Share 2.993 | Earnings Share 3.11 | Revenue Per Share 42.658 | Quarterly Revenue Growth (0.08) |
The market value of Edison International is measured differently than its book value, which is the value of Edison that is recorded on the company's balance sheet. Investors also form their own opinion of Edison International's value that differs from its market value or its book value, called intrinsic value, which is Edison International'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 Edison International's market value can be influenced by many factors that don't directly affect Edison International'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 Edison International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edison International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edison International'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.