Eversource Energy Scores 62% on Multi-Factor Investor Model

Eversource Energy has achieved a 62% rating according to a recent report utilizing the Multi-Factor Investor model. While the stock shows promising characteristics such as low volatility, it ultimately fails to meet all strategy tests, indicating mixed investor sentiment.

Date: 19-09-2024

AI Rating: 5

The report indicates that Eversource Energy (ES) has received a score of 62% using the Multi-Factor Investor model based on Pim van Vliet's strategy. A score above 80% typically indicates some level of interest from the strategy, and 90% or above suggests strong interest. With a score of 62%, it reflects moderate confidence but highlights potential concerns.

Among the evaluation criteria, Eversource Energy has passed the tests for Market Cap and Standard Deviation, indicating stability and size. However, it has received a neutral rating for Twelve Minus One Momentum and Net Payout Yield, which suggests that while the stock might fluctuate within expected ranges, it lacks strong upward momentum or attractive payout yields.

Importantly, the final rank indicates a fail which is a significant red flag for investors. Such a low ranking could steer cautious investors away, affecting the stock’s desirability and potentially leading to volatility in stock prices.

Given these insights and the overall mixed rating, investors might reconsider their positions in Eversource Energy, particularly if they are seeking consistently high-performing stocks.

Stocks: ES