Edison International Stock Forecast - Day Median Price
| EIX Stock | USD 76.85 2.18 2.92% |
Edison Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Edison International stock prices and determine the direction of Edison International's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Edison International's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Edison International's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Edison International's systematic risk associated with finding meaningful patterns of Edison International fundamentals over time.
Check out Historical Fundamental Analysis of Edison International to cross-verify your projections. Edison |
Open Interest Against 2024-06-21 Edison Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Edison International's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Edison International's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Edison International stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Edison International's open interest, investors have to compare it to Edison International's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Edison International is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Edison. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Edison International cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Edison International's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Edison International's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 72.22 | 72.59 |
| Check Edison International Volatility | Backtest Edison International | Trend Details |
Edison International Trading Date Momentum
| On May 07 2024 Edison International was traded for 73.89 at the closing time. Highest Edison International's price during the trading hours was 73.99 and the lowest price during the day was 73.00 . The net volume was 1.7 M. The overall trading history on the 7th of May contributed to the next trading period price jump. The overall trading delta to the next next day price was 1.19% . The overall trading delta to current price is 2.64% . |
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Edison International
For every potential investor in Edison, whether a beginner or expert, Edison International's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Edison Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Edison. Basic forecasting techniques help filter out the noise by identifying Edison International's price trends.Edison International Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Edison International stock to make a market-neutral strategy. Peer analysis of Edison International could also be used in its relative valuation, which is a method of valuing Edison International by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Edison International Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Edison International's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Edison International's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Edison International Market Strength Events
Market strength indicators help investors to evaluate how Edison International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Edison International shares will generate the highest return on investment. By undertsting and applying Edison International stock market strength indicators, traders can identify Edison International entry and exit signals to maximize returns.
Edison International Risk Indicators
The analysis of Edison International's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Edison International's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting edison stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.8619 | |||
| Semi Deviation | 0.8932 | |||
| Standard Deviation | 1.15 | |||
| Variance | 1.32 | |||
| Downside Variance | 1.3 | |||
| Semi Variance | 0.7979 | |||
| Expected Short fall | (0.95) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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.When determining whether Edison International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Edison International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Edison International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Edison International Stock:Check out Historical Fundamental Analysis of Edison International to cross-verify your projections. For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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 2.27 | 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.