Edison International Stock Probability of Future Stock Price Finishing Under 71.13
| EIX Stock | USD 72.34 0.68 0.93% |
Closest to current price Edison long CALL Option Payoff at Expiration
Edison |
Edison International Target Price Odds to finish below 71.13
The tendency of Edison 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 drop to $ 71.13 or more in 90 days |
| 72.34 | 90 days | 71.13 | about 91.2 |
Based on a normal probability distribution, the odds of Edison International to drop to $ 71.13 or more in 90 days from now is about 91.2 (This Edison International probability density function shows the probability of Edison Stock to fall within a particular range of prices over 90 days) . Probability of Edison International price to stay between $ 71.13 and its current price of $72.34 at the end of the 90-day period is about 5.85 .
Considering the 90-day investment horizon Edison International has a beta of 0.0058 suggesting as returns on the market go up, Edison International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Edison International will be expected to be much smaller as well. Additionally Edison International has an alpha of 0.1199, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Edison International Price Density |
| Price |
Predictive Modules for Edison International
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Edison International. 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.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Edison International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Edison International Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Edison International is not an exception. The market had few large corrections towards the Edison International'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 Edison International, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Edison International within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.12 | |
β | Beta against NYSE Composite | 0.01 | |
σ | Overall volatility | 2.21 | |
Ir | Information ratio | 0.04 |
Edison International 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 Edison International for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Edison International can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company has 35.31 B in debt with debt to equity (D/E) ratio of 1.76, which is OK given its current industry classification. Edison International has a current ratio of 0.6, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Edison International until it has trouble settling it off, either with new capital or with free cash flow. So, Edison International'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 Edison International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Edison to invest in growth at high rates of return. When we think about Edison International's use of debt, we should always consider it together with cash and equity. | |
| Edison International has a very strong financial position based on the latest SEC filings | |
| Over 91.0% of Edison International shares are held by institutions such as insurance companies | |
| On 30th of April 2024 Edison International paid $ 0.78 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Disposition of 710 shares by Bowman Erica S of Edison International subject to Rule 16b-3 |
Edison International 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 Edison Stock often depends not only on the future outlook of the current and potential Edison International'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. Edison International's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 385 M | |
| Cash And Short Term Investments | 345 M |
Edison International Technical Analysis
Edison International's future price can be derived by breaking down and analyzing its technical indicators over time. Edison Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Edison International. In general, you should focus on analyzing Edison Stock price patterns and their correlations with different microeconomic environments and drivers.
Edison International Predictive Forecast Models
Edison International's time-series forecasting models is one of many Edison International'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 Edison International'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 Edison International
Checking the ongoing alerts about Edison International for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Edison International help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company has 35.31 B in debt with debt to equity (D/E) ratio of 1.76, which is OK given its current industry classification. Edison International has a current ratio of 0.6, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Edison International until it has trouble settling it off, either with new capital or with free cash flow. So, Edison International'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 Edison International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Edison to invest in growth at high rates of return. When we think about Edison International's use of debt, we should always consider it together with cash and equity. | |
| Edison International has a very strong financial position based on the latest SEC filings | |
| Over 91.0% of Edison International shares are held by institutions such as insurance companies | |
| On 30th of April 2024 Edison International paid $ 0.78 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Disposition of 710 shares by Bowman Erica S of Edison International subject to Rule 16b-3 |
Check out Edison International Backtesting, Edison International Valuation, Edison International Correlation, Edison International Hype Analysis, Edison International Volatility, Edison International History as well as Edison International Performance. For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Edison Stock analysis
When running Edison International's price analysis, check to measure Edison International'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 Edison International is operating at the current time. Most of Edison International's value examination focuses on studying past and present price action to predict the probability of Edison International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edison International's price. Additionally, you may evaluate how the addition of Edison International to your portfolios can decrease your overall portfolio volatility.
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Is Edison International'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 Edison International. If investors know Edison 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 Edison International 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 (0.09) | Dividend Share 3.035 | Earnings Share 2.29 | Revenue Per Share 42.894 | Quarterly Revenue Growth 0.028 |
The market value of Edison International is measured differently than its book value, which is the value of Edison that is recorded on the company's balance sheet. Investors also form their own opinion of Edison International's value that differs from its market value or its book value, called intrinsic value, which is Edison International'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 Edison International's market value can be influenced by many factors that don't directly affect Edison International'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 Edison International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edison International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edison International'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.