Edison International Stock Forward View - Simple Moving Average
| EIX Stock | USD 71.89 -0.77 -1.06% |
The Simple Moving Average forecast shown here for Edison International is reference data produced from the equity's historical price series. Accuracy metrics including mean absolute deviation are provided alongside the projection.
The Simple Moving Average forecasted value of Edison International on the next trading day is expected to be 72.27 with a mean absolute deviation of 0.91 and the sum of the absolute errors of 53.60.The simple moving average model is conceptually a linear regression of the current value of Edison International price series against current and previous (unobserved) value of Edison International. In time series analysis, the simple moving-average model is a very common approach for modeling univariate price series models including forecasting prices into the future This Simple Moving Average reference page for Edison International presents model-generated projections from historical price data for informational purposes. Simple Moving Average Price Forecast For the 20th of March
Given 90 days horizon, the Simple Moving Average forecasted value of Edison International on the next trading day is expected to be 72.27 with a mean absolute deviation of 0.91 , mean absolute percentage error of 1.49 , and the sum of the absolute errors of 53.60 .Please note that although there have been many attempts to predict Edison Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Edison International's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Edison International | Edison International Price Prediction | Research Analysis |
Forecasted Value
The next-day forecast for Edison International focuses on identifying predictive downside and upside bands that can frame a realistic trading range. At the moment, the model places downside around 70.70 and upside around 73.84 for the forecasting period.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Moving Average forecasting method's relative quality and the estimations of the prediction error of Edison International stock data series using in forecasting. Note that when a statistical model is used to represent Edison International stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 114.8314 |
| Bias | Arithmetic mean of the errors | -0.3195 |
| MAD | Mean absolute deviation | 0.9085 |
| MAPE | Mean absolute percentage error | 0.0136 |
| SAE | Sum of the absolute errors | 53.6 |
Other Forecasting Options for Edison International
Regardless of investment experience, understanding Edison International's price movement is essential for anyone considering a position in Edison. Price charts for Edison Stock are often filled with noise that can lead to poor investment choices if not properly filtered.Edison International Related Equities
The following equities are related to Edison International within the Utilities space and can be used for peer comparison, relative valuation, or portfolio diversification. Comparing Edison International against peers on metrics such as P/E, margins, and return on equity helps contextualize its positioning and identify relative strengths or weaknesses.
| Risk & Return | Correlation |
Edison International Market Strength Events
Market strength indicators for Edison International give investors insight into the stock's responsiveness to broader market forces. Tracking these indicators helps investors make informed timing decisions and identify periods where trading Edison International is likely to be most rewarding.
Edison International Risk Indicators
A thorough review of Edison International's risk indicators is an important first step in forecasting its price and managing investment exposure. This analysis helps investors determine the appropriate level of risk to accept when holding Edison International's.
| Mean Deviation | 1.16 | |||
| Semi Deviation | 1.23 | |||
| Standard Deviation | 1.54 | |||
| Variance | 2.37 | |||
| Downside Variance | 2.27 | |||
| Semi Variance | 1.5 | |||
| Expected Short fall | -1.33 |
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.
Story Coverage note for Edison International
A coverage review of Edison International helps investors see when the security is attracting above-average attention from contributors and market observers. Used properly, this context can help investors judge whether visibility is reinforcing the thesis or attracting more speculative pressure.
Contributor Headline
Latest Perspective From Macroaxis
Edison International Short Properties
A short-interest review of Edison International helps investors understand whether skepticism in the market is becoming more influential. The stronger read compares short sentiment with trend behavior, volume, and the broader market narrative.
| Common Stock Shares Outstanding | 385 M | |
| Cash And Short Term Investments | 158 M |