Consolidated Stock Technical Analysis

ED
 Stock
  

USD 96.13  1.37  1.41%   

As of the 28th of November, Consolidated Edison shows the Risk Adjusted Performance of 0.0072, downside deviation of 1.81, and Mean Deviation of 1.36. Consolidated Edison technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, 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 were able to break down nineteen technical drivers for Consolidated Edison, which can be compared to its rivals. Please confirm Consolidated Edison maximum drawdown, semi variance, and the relationship between the jensen alpha and potential upside to decide if Consolidated Edison is priced correctly, providing market reflects its regular price of 96.13 per share. Given that Consolidated Edison has jensen alpha of (0.06), we suggest you to validate Consolidated Edison's prevailing market performance to make sure the company can sustain itself at a future point.
  

Consolidated Edison Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Consolidated, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Consolidated
Consolidated Edison's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Consolidated Edison Analyst Consensus

Target PriceAdvice# of Analysts
77.17Strong Sell6Odds
Consolidated Edison current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Consolidated analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Consolidated stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Consolidated Edison, talking to its executives and customers, or listening to Consolidated conference calls.
Consolidated Analyst Advice Details
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.
A focus of Consolidated Edison technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Consolidated Edison trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Consolidated Edison Technical Analysis

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The output start index for this execution was eleven with a total number of output elements of fifty. The Normalized Average True Range is used to analyze tradable apportunities for Consolidated Edison across different markets.
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Consolidated Edison Trend Analysis

Use this graph to draw trend lines for Consolidated Edison. You can use it to identify possible trend reversals for Consolidated 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 Consolidated Edison price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Consolidated Edison Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Consolidated Edison applied against its price change over selected period. The best fit line has a slop of   -0.09  , which may indicate that the price for Consolidated Edison will continue to decline. It has 122 observation points and a regression sum of squares at 320.7, which is the sum of squared deviations for the predicted Consolidated Edison price change compared to its average price change.

About Consolidated Edison Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Consolidated Edison on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Consolidated Edison based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Consolidated Edison price pattern first instead of the macroeconomic environment surrounding Consolidated Edison. By analyzing Consolidated Edison's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Consolidated Edison's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Consolidated Edison specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2018 2020 2022 (projected)
Long Term Debt to Equity1.051.081.0
Interest Coverage3.092.63.59

Consolidated Edison November 28, 2022 Technical Indicators

Most technical analysis of Consolidated help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Consolidated from various momentum indicators to cycle indicators. When you analyze Consolidated charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Consolidated Edison November 28, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Consolidated stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Investing Opportunities. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Consolidated Edison 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 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 YOY
0.13
Market Capitalization
34.6 B
Quarterly Revenue Growth YOY
0.15
Return On Assets
0.0256
Return On Equity
0.078
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 Consolidated Edison value 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.