Consolidated Free Cash Flow from 2010 to 2024
| ED Stock | USD 95.56 0.31 0.33% |
Free Cash Flow | First Reported 1994-03-31 | Previous Quarter -281 M | Current Value -664 M | Quarterly Volatility 385.1 M |
Check Consolidated Edison financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Consolidated main balance sheet or income statement drivers, such as Interest Expense of 971.9 M, Total Revenue of 10.8 B or Gross Profit of 6.2 B, as well as many exotic indicators such as Price To Sales Ratio of 2.27, Dividend Yield of 0.0519 or PTB Ratio of 1.3. Consolidated financial statements analysis is a perfect complement when working with Consolidated Edison Valuation or Volatility modules.
Consolidated | Free Cash Flow |
Latest Consolidated Edison's Free Cash Flow Growth Pattern
Below is the plot of the Free Cash Flow of Consolidated Edison over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Consolidated Edison's Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Consolidated Edison's overall financial position and show how it may be relating to other accounts over time.
| Free Cash Flow | 10 Years Trend |
|
Free Cash Flow |
| Timeline |
Consolidated Free Cash Flow Regression Statistics
| Arithmetic Mean | (422,180,000) | |
| Coefficient Of Variation | (246.24) | |
| Mean Deviation | 824,160,000 | |
| Median | (221,000,000) | |
| Standard Deviation | 1,039,568,993 | |
| Sample Variance | 1080703.7T | |
| Range | 3.5B | |
| R-Value | (0.87) | |
| Mean Square Error | 274584.7T | |
| R-Squared | 0.76 | |
| Significance | 0.00002 | |
| Slope | (203,191,071) | |
| Total Sum of Squares | 15129851.7T |
Consolidated Free Cash Flow History
Other Fundumenentals of Consolidated Edison
Consolidated Edison Free Cash Flow component correlations
About Consolidated Edison Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Consolidated Edison income statement, its balance sheet, and the statement of cash flows. Consolidated Edison investors use historical funamental indicators, such as Consolidated Edison's Free Cash Flow, to determine how well the company is positioned to perform in the future. Although Consolidated Edison investors may use each financial statement separately, they are all related. The changes in Consolidated Edison's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Consolidated Edison'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 Consolidated Edison Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Consolidated Edison. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Free Cash Flow | -2.3 B | -2.2 B | |
| Free Cash Flow Yield | (0.07) | (0.07) | |
| Free Cash Flow Per Share | (6.72) | (6.39) | |
| EV To Free Cash Flow | (23.72) | (22.53) | |
| Price To Free Cash Flows Ratio | (13.53) | (12.85) | |
| Free Cash Flow Operating Cash Flow Ratio | (1.08) | (1.03) |
Pair Trading with Consolidated Edison
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 Consolidated Edison 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 Consolidated Edison will appreciate offsetting losses from the drop in the long position's value.Moving together with Consolidated Stock
| 0.75 | D | Dominion Energy | PairCorr |
Moving against Consolidated Stock
| 0.55 | HE | Hawaiian Electric Earnings Call This Week | PairCorr |
| 0.52 | CMS-PC | CMS Energy | PairCorr |
The ability to find closely correlated positions to Consolidated Edison could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Consolidated Edison 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 Consolidated Edison - 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 Consolidated Edison to buy it.
The correlation of Consolidated Edison 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 Consolidated Edison moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Consolidated Edison 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 Consolidated Edison 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 Consolidated Edison Correlation against competitors. For information on how to trade Consolidated Stock refer to our How to Trade Consolidated Stock guide.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 the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Consolidated Stock analysis
When running Consolidated Edison's 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 the 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 (0.49) | Dividend Share 3.26 | Earnings Share 5.24 | Revenue Per Share 42.041 | Quarterly Revenue Growth (0.03) |
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 if Consolidated Edison is a good investment 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.