Consolidated Edison Rated Highest in Multi-Factor Model

According to a report, Consolidated Edison, Inc. ranks highest on the Multi-Factor Investor model, showcasing strong fundamentals despite some mixed signals. This performance may influence investor sentiment and stock price movement positively.

Date: 28-11-2024

AI Rating: 6

Consolidated Edison, Inc. (Ticker: ED) has received attention in a recent report for being recognized as a top performer in a multi-factor strategy based on its underlying fundamentals. With a high rating of 75%, it reflects the stock's potential and aligns with criteria focused on low volatility and strong momentum.

From the report, the following points are highlighted:

Market Cap: Passed—indicating the company is well-established and financially substantial.
Standard Deviation: Passed—suggests lower volatility, an attractive feature for risk-averse investors.
Twelve Minus One Momentum: Neutral—indicating mixed performance in recent trends.
Net Payout Yield: Neutral—shows average returns to shareholders.

Despite the favorable ratings in several areas, the overall strategy earns a FINAL RANK: FAIL. Such a score suggests that while some metrics are met, the stock may not outperform compared to others in the sector or index, signaling caution for potential investors.

Overall, the emphasis on a multi-factor model designed to seek stocks with low volatility and high yields indicates that while there is interest in ED, there are evident risks. The stock’s mixed performance ratings could sway investors' perceptions and influence future stock prices.

Stocks: ED