Edison International Stock Price on May 6, 2024
EIX Stock | USD 75.86 0.44 0.58% |
Below is the normalized historical share price chart for Edison International extending back to January 18, 1988. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Edison International stands at 75.86, as last reported on the 19th of May, with the highest price reaching 76.35 and the lowest price hitting 75.76 during the day.
If you're considering investing in Edison Stock, it is important to understand the factors that can impact its price. Edison International appears to be very steady, given 3 months investment horizon. Edison International secures Sharpe Ratio (or Efficiency) of 0.2, which denotes the company had a 0.2% return per unit of risk over the last 3 months. We have found thirty technical indicators for Edison International, which you can use to evaluate the volatility of the firm. Please utilize Edison International's Mean Deviation of 0.8575, coefficient of variation of 422.28, and Downside Deviation of 1.19 to check if our risk estimates are consistent with your expectations.
At this time, Edison International's Common Stock Total Equity is fairly stable compared to the past year. Common Stock is likely to rise to about 6.7 B in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 297.7 M in 2024. . Price Earnings Ratio is likely to rise to 20.43 in 2024, whereas Price To Sales Ratio is likely to drop 0.96 in 2024. Edison Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 2nd of January 1980 | 200 Day MA 68.2047 | 50 Day MA 70.7884 | Beta 0.951 |
Edison |
Sharpe Ratio = 0.2033
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Estimated Market Risk
1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Edison International is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Edison International by adding it to a well-diversified portfolio.
Price Book 1.9092 | Enterprise Value Ebitda 10.7797 | Price Sales 1.6159 | Shares Float 383.9 M | Dividend Share 3.035 |
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Edison International Valuation on May 6, 2024
It is possible to determine the worth of Edison International on a given historical date. On May 6, 2024 Edison was worth 72.6 at the beginning of the trading date compared to the closed value of 73.02. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Edison International stock. Still, in general, we apply an absolute valuation method to find Edison International's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Edison International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Edison International's related companies.
Open | High | Low | Close | Volume | |
72.50 | 72.68 | 71.77 | 72.34 | 1,476,177 | |
05/06/2024 | 72.60 | 73.04 | 72.14 | 73.02 | 1,289,890 |
73.50 | 73.99 | 73.00 | 73.89 | 1,687,340 |
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Edison International Trading Date Momentum on May 6, 2024
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 3.82% . |
Edison International Fundamentals Correlations and Trends
By evaluating Edison International's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Edison International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Edison financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Edison International Stock history
Edison International investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Edison is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Edison International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Edison International stock prices may prove useful in developing a viable investing in Edison International
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 385 M | 297.7 M | |
Net Income Applicable To Common Shares | 550.8 M | 759.3 M |
Edison International Stock Technical Analysis
Edison International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Edison International Period Price Range
Low | May 6, 2024
| High |
72.60 | 73.02 |
Edison International May 19, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Edison International's price direction in advance. Along with the technical and fundamental analysis of Edison Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Edison to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1436 | |||
Jensen Alpha | 0.2495 | |||
Total Risk Alpha | 0.0868 | |||
Sortino Ratio | 0.1458 | |||
Treynor Ratio | 1.83 |
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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edison International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more information on how to buy Edison Stock please use our How to Invest in Edison International guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.