EDISON INTL (Germany) Market Value
| EIX Stock | EUR 51.44 0.72 1.42% |
| Symbol | EDISON |
EDISON INTL 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to EDISON INTL's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of EDISON INTL.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in EDISON INTL on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding EDISON INTL or generate 0.0% return on investment in EDISON INTL over 90 days. EDISON INTL is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
EDISON INTL Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure EDISON INTL's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess EDISON INTL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 13.84 | |||
| Value At Risk | (6.26) | |||
| Potential Upside | 2.2 |
EDISON INTL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EDISON INTL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EDISON INTL's standard deviation. In reality, there are many statistical measures that can use EDISON INTL historical prices to predict the future EDISON INTL's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.63) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 4.6 |
EDISON INTL Backtested Returns
EDISON INTL secures Sharpe Ratio (or Efficiency) of -0.21, which denotes the company had a -0.21 % return per unit of return volatility over the last 3 months. EDISON INTL exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EDISON INTL's mean deviation of 1.87, and Standard Deviation of 2.81 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning EDISON INTL are expected to decrease at a much lower rate. During the bear market, EDISON INTL is likely to outperform the market. At this point, EDISON INTL has a negative expected return of -0.62%. Please make sure to confirm EDISON INTL's standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if EDISON INTL performance from the past will be repeated in the future.
Auto-correlation | -0.06 |
Very weak reverse predictability
EDISON INTL has very weak reverse predictability. Overlapping area represents the amount of predictability between EDISON INTL time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of EDISON INTL price movement. The serial correlation of -0.06 indicates that barely 6.0% of current EDISON INTL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 2.18 |
EDISON INTL lagged returns against current returns
Autocorrelation, which is EDISON INTL stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting EDISON INTL's stock expected returns. We can calculate the autocorrelation of EDISON INTL returns to help us make a trade decision. For example, suppose you find that EDISON INTL has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
EDISON INTL regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If EDISON INTL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EDISON INTL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EDISON INTL stock over time.
Current vs Lagged Prices |
| Timeline |
EDISON INTL Lagged Returns
When evaluating EDISON INTL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EDISON INTL stock have on its future price. EDISON INTL autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, EDISON INTL autocorrelation shows the relationship between EDISON INTL stock current value and its past values and can show if there is a momentum factor associated with investing in EDISON INTL.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in EDISON Stock
EDISON INTL financial ratios help investors to determine whether EDISON Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in EDISON with respect to the benefits of owning EDISON INTL security.