Consolidated Edison (Consolidated Edison) 6-1 Month Momentum % : -2.07% (As of Apr. 27, 2024)

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What is Consolidated Edison 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-27), Consolidated Edison's 6-1 Month Momentum % is -2.07%.

The industry rank for Consolidated Edison's 6-1 Month Momentum % or its related term are showing as below:

ED's 6-1 Month Momentum % is ranked worse than
57.88% of 565 companies
in the Utilities - Regulated industry
Industry Median: 1.45 vs ED: -2.07

Competitive Comparison of Consolidated Edison's 6-1 Month Momentum %

For the Utilities - Regulated Electric subindustry, Consolidated Edison's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Consolidated Edison's 6-1 Month Momentum % Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Consolidated Edison's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Consolidated Edison's 6-1 Month Momentum % falls into.

Consolidated Edison (NYSE:ED) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Consolidated Edison (NYSE:ED) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Consolidated Edison 6-1 Month Momentum % Related Terms

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Consolidated Edison (Consolidated Edison) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Consolidated Edison Inc (NYSE:ED) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

EDC:Germany EDC:Germany

Address

4 Irving Place, Room 700, New York, NY, USA, 10003

Website

https://www.conedison.com

Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.

Executives

Christina Ho	officer: VP, Strategic Planning	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Deneen L Donnley	officer: SVP and General Counsel	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Stuart Nachmias	officer: President & CEO CET	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Robert Sanchez	officer: SVP, Corporate Shared Services	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Timothy Cawley	officer: President & CEO, O&R	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Robert N Hoglund	officer: Senior Vice President Finance	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Joseph Miller	officer: VP & Controller	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Nancy Shannon	officer: SVP, Utility Shared Services	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Matthew Ketschke	officer: President CECONY	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Gurudatta D Nadkarni	officer: Vice President	4 IRVING PLACE, ROOM 1450-S, NEW YORK NY 10003
Jennifer Hensley	officer: SVP, Corporate Affairs	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Frances Resheske	officer: Senior VP Public Affairs	4 IRVING PLACE, NEW YORK NY 10003
De La Bastide Lore	officer: SVP, Utility Shared Services	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
John Mcavoy	officer: President & CEO, O&R	4 IRVING PLACE, ROOM 16-205, NEW YORK NY 10003
Yukari Saegusa	officer: Vice President and Treasurer	4 IRVING PLACE, ROOM 1450-S, NEW YORK NY 10003