Eversource Story

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ES -- USA Stock  

USD 85.54  1.27  1.46%

Eversource Energy is generating negative expected returns and assumes 1.438% volatility on return distribution over the 60 days horizon. While many risk-averse retail investors are getting carried away by overanalyzing utilities space, it is reasonable to sum up Eversource Energy. We will evaluate if the latest Eversource Energy price volatility suggests a bounce in December.
Published over a month ago
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Breaking down the latest Eversource Energy volatility
Eversource Energy reports roughly 64.89 M in cash with 2.09 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
Volatility is a rate at which the price of Eversource Energy or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of Eversource Energy may increase or decrease. In other words, similar to Eversource's beta indicator, it measures the risk of Eversource Energy and helps estimate the fluctuations that may happen in a short period of time. So if prices of Eversource Energy fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility. Please read more on our technical analysis page.

How important is Eversource Energy's Liquidity

Eversource Energy financial leverage refers to using borrowed capital as a funding source to finance Eversource Energy ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Eversource Energy financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Eversource Energy's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for Eversource Energy, but it might be worth checking our own buy vs. sell analysis

Eversource Energy Volatility Drivers

Eversource Energy unsystematic risk is unique to Eversource Energy and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in Eversource Energy you can also buy Consolidated Edison. You can also mitigate this risk by investing in the utilities?regulated electric sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing Eversource Energy important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in Eversource Energy income statement and balance sheet. Here are more details about Eversource volatility.
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