ED Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Consolidated Edison shows potential for upward movement supported by strong earnings results and stable dividends, coupled with low implied volatility suggesting reduced market fears. Increased infrastructure investments may further bolster stock performance.




Bearish Case: High downside risk factors prevail due to recent performance underwhelming expectations, regulatory concerns, and increasing market volatility, which could lead to sustained price declines in ED.




Potential Outcomes:
  • Price rebounds to $105 (30%): Positive earnings and stability in market conditions.
  • Price stabilizes between $95-$100 (50%): Continued mean reversion amidst neutral events.
  • Price declines to $90 (20%): Regulatory impacts and high downside risks materialize.




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November 24, 2024


Consolidated Edison Forecast

ED        Consolidated Edison











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EVRG Forecast + Options Trading Strategies   EVRG  Evergy (0.89)


FE Forecast + Options Trading Strategies   FE  Firstenergy (0.89)


EIX Forecast + Options Trading Strategies   EIX  Edison International (0.89)


PNW Forecast + Options Trading Strategies   PNW  Pinnacle West (0.87)


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DBX Forecast + Options Trading Strategies   DBX  Dropbox (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against ED



CLF Forecast + Options Trading Strategies   CLF  Cleveland-Cliffs (-0.78)


XRX Forecast + Options Trading Strategies   XRX  Xerox (-0.79)


LKQ Forecast + Options Trading Strategies   LKQ  LKQ (-0.79)


LESL Forecast + Options Trading Strategies   LESL  Leslies (-0.79)


CABA Forecast + Options Trading Strategies   CABA  Cabaletta Bio (-0.8)









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