Consolidated Edison Inc (ED)
Consolidated Edison, Inc. (Con Edison), one of the largest investor-owned energy companies in the U.S., operates in the electric, gas, and steam sectors, serving over 3 million customers in New York City and surrounding areas. With approximately $14 billion in annual revenues and over $60 billion in total assets, Con Edison is committed to delivering reliable energy solutions while advancing sustainability initiatives. The company is actively investing in renewable energy, smart grid technologies, and infrastructure improvements to enhance operational efficiency and support New York's environmental goals. As a key player in the energy landscape, Con Edison remains focused on innovation and resilience in a rapidly evolving market.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is decreasing.
- The decline rate of the primary trend is 10.10% per annum.
- ED price at the close of December 31, 2025 was $99.32 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 5.54% per annum.
- ED price at the close of December 31, 2025 was inside the secondary price channel.
- The direction of the secondary trend is opposite to the direction of the primary trend. This indicates a possible reversal in the direction of the primary trend.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of ED price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: March 13, 2025
End date: December 31, 2025
a = 5.1009
b = -0.0003
s = 0.0264
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × -0.0003) – 1
= -10.10%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0264) – 1
= 11.12%
March 13, 2025 calculations
Top border of price channel:
Exp(Y1,052)
= Exp(a + b × X1,052 + 2 × s)
= Exp(a + b × 1,529 + 2 × s)
= Exp(5.1009 + -0.0003 × 1,529 + 2 × 0.0264)
= Exp(4.7077)
= $110.79
Bottom border of price channel:
Exp(Y1,052)
= Exp(a + b × X1,052 – 2 × s)
= Exp(a + b × 1,529 – 2 × s)
= Exp(5.1009 + -0.0003 × 1,529 – 2 × 0.0264)
= Exp(4.6022)
= $99.71
December 31, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(5.1009 + -0.0003 × 1,822 + 2 × 0.0264)
= Exp(4.6222)
= $101.72
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(5.1009 + -0.0003 × 1,822 – 2 × 0.0264)
= Exp(4.5168)
= $91.54
Description
- The primary trend is decreasing.
- The decline rate of the primary trend is 10.10% per annum.
- ED price at the close of December 31, 2025 was $99.32 and was inside the primary price channel.
Secondary Trend
Start date: August 28, 2025
End date: December 31, 2025
a = 4.3279
b = 0.0001
s = 0.0187
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0001) – 1
= 5.54%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0187) – 1
= 7.76%
August 28, 2025 calculations
Top border of price channel:
Exp(Y1,168)
= Exp(a + b × X1,168 + 2 × s)
= Exp(a + b × 1,697 + 2 × s)
= Exp(4.3279 + 0.0001 × 1,697 + 2 × 0.0187)
= Exp(4.6158)
= $101.07
Bottom border of price channel:
Exp(Y1,168)
= Exp(a + b × X1,168 – 2 × s)
= Exp(a + b × 1,697 – 2 × s)
= Exp(4.3279 + 0.0001 × 1,697 – 2 × 0.0187)
= Exp(4.5410)
= $93.79
December 31, 2025 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,822 + 2 × s)
= Exp(4.3279 + 0.0001 × 1,822 + 2 × 0.0187)
= Exp(4.6343)
= $102.95
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,822 – 2 × s)
= Exp(4.3279 + 0.0001 × 1,822 – 2 × 0.0187)
= Exp(4.5595)
= $95.53
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 5.54% per annum.
- ED price at the close of December 31, 2025 was inside the secondary price channel.