Consolidated Edison (Germany) Probability of Future Stock Price Finishing Over 84.31
| EDC Stock | EUR 89.78 0.36 0.40% |
Consolidated |
Consolidated Edison Target Price Odds to finish over 84.31
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 Price | Horizon | Target Price | Odds to stay above € 84.31 in 90 days |
| 89.78 | 90 days | 84.31 | close to 99 |
Based on a normal probability distribution, the odds of Consolidated Edison to stay above € 84.31 in 90 days from now is close to 99 (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 € 84.31 and its current price of €89.78 at the end of the 90-day period is about 8.26 .
Assuming the 90 days horizon Consolidated Edison has a beta of 0.44 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 the Dow Jones Industrial. 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.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 Dow Jones | -0.11 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 2.30 | |
Ir | Information ratio | -0.12 |
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.| Consolidated Edison generated a negative expected return over the last 90 days | |
| Consolidated Edison has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Consolidated Edison has accumulated 20.15 B in total debt with debt to equity ratio (D/E) of 120.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Consolidated Edison has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. 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. | |
| About 70.0% of Consolidated Edison shares are held by institutions such as insurance companies |
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 Outstanding | 355 M |
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.
| Consolidated Edison generated a negative expected return over the last 90 days | |
| Consolidated Edison has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| Consolidated Edison has accumulated 20.15 B in total debt with debt to equity ratio (D/E) of 120.3, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Consolidated Edison has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. 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. | |
| About 70.0% of Consolidated Edison shares are held by institutions such as insurance companies |
Additional Information and Resources on Investing in Consolidated Stock
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 more detail on how to invest in Consolidated Stock please use our How to Invest in Consolidated Edison guide.You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.