GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Edison International (NYSE:EIX) » Definitions » Momentum Rank

Edison International (Edison International) Momentum Rank : 5 (As of Apr. 28, 2024)


View and export this data going back to 1988. Start your Free Trial

What is Edison International Momentum Rank?

Edison International has the Momentum Rank of 5.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.


Competitive Comparison of Edison International's Momentum Rank

For the Utilities - Regulated Electric subindustry, Edison International's Momentum Rank, along with its competitors' market caps and Momentum Rank 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.


Edison International's Momentum Rank Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Edison International's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Edison International's Momentum Rank falls into.



Edison International Momentum Rank Related Terms

Thank you for viewing the detailed overview of Edison International's Momentum Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Edison International (Edison International) Business Description

Traded in Other Exchanges
Address
2244 Walnut Grove Avenue, P.O. Box 976, Rosemead, CA, USA, 91770
Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.
Executives
Caroline Choi officer: Senior Vice President 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Kara Gostenhofer Ryan officer: VP, CAO and Controller 1111 LOUISIANA STREET, # 4600, HOUSTON TX 77002
J Andrew Murphy officer: Senior Vice President 211 CARNEGIE CENTER, PRINCETON NJ 08540
Chang Vanessa C L director P O BOX 800, 2244 WALNUT GROVE, ROSEMEAD CA 91770
Kate Sturgess officer: Vice President and Controller 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Natalie K Schilling officer: SENIOR VICE PRESIDENT 2244 WALNUT GROVE AVE, ROSEMEAD CA 91770
Marcy L. Reed director 84 SOUTH SHORE DR, STURBRIDGE MA 01566
Jill Charlotte Anderson officer: Executive Vice President, SCE 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Keith Trent director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Carey A. Smith director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Steven D Powell officer: Executive Vice President, SCE 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Jeanne Beliveau-dunn director C/O XYLEM INC., 1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Ronald L Litzinger officer: Chairman, Pres. & CEO of EMG P.O. BOX 800, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Timothy O'toole director 55 BROADWAY, LONDON X0 SW1H OBD

Edison International (Edison International) Headlines

From GuruFocus

Fighting Food Insecurity One Box at a Time

By ACCESSWIRE 12-14-2023

Q3 2021 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2019 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2021 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2019 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2021 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024

'Tis the Season To Donate Toys

By ACCESSWIRE 12-18-2023

Q4 2018 Edison International Earnings Call Transcript

By GuruFocus Research 01-22-2024