Exelon Stock Market Value
EXC Stock | USD 37.67 0.12 0.32% |
Symbol | Exelon |
Exelon Price To Book Ratio
Is Exelon's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Exelon. If investors know Exelon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Exelon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.442 | Dividend Share 1.44 | Earnings Share 2.34 | Revenue Per Share 21.814 | Quarterly Revenue Growth 0.15 |
The market value of Exelon is measured differently than its book value, which is the value of Exelon that is recorded on the company's balance sheet. Investors also form their own opinion of Exelon's value that differs from its market value or its book value, called intrinsic value, which is Exelon's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Exelon's market value can be influenced by many factors that don't directly affect Exelon's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Exelon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Exelon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Exelon's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Exelon 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Exelon's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Exelon.
03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Exelon on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Exelon or generate 0.0% return on investment in Exelon over 30 days. Exelon is related to or competes with Centrais Elétricas, Central Puerto, CMS Energy, Centrais Electricas, and Entergy Texas. Exelon Corporation, a utility services holding company, engages in the energy generation, delivery, and marketing busine... More
Exelon Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Exelon's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Exelon upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.15 | |||
Information Ratio | 0.0027 | |||
Maximum Drawdown | 6.8 | |||
Value At Risk | (1.93) | |||
Potential Upside | 2.17 |
Exelon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Exelon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Exelon's standard deviation. In reality, there are many statistical measures that can use Exelon historical prices to predict the future Exelon's volatility.Risk Adjusted Performance | 0.049 | |||
Jensen Alpha | 0.0119 | |||
Total Risk Alpha | (0.07) | |||
Sortino Ratio | 0.0029 | |||
Treynor Ratio | 0.0888 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Exelon's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Exelon Backtested Returns
We consider Exelon very steady. Exelon secures Sharpe Ratio (or Efficiency) of 0.14, which denotes the company had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Exelon, which you can use to evaluate the volatility of the firm. Please confirm Exelon's Downside Deviation of 1.15, mean deviation of 0.9328, and Coefficient Of Variation of 1392.08 to check if the risk estimate we provide is consistent with the expected return of 0.17%. Exelon has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.89, which means possible diversification benefits within a given portfolio. Exelon returns are very sensitive to returns on the market. As the market goes up or down, Exelon is expected to follow. Exelon right now shows a risk of 1.23%. Please confirm Exelon information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis , to decide if Exelon will be following its price patterns.
Auto-correlation | -0.39 |
Poor reverse predictability
Exelon has poor reverse predictability. Overlapping area represents the amount of predictability between Exelon time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Exelon price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Exelon price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.39 | |
Spearman Rank Test | -0.44 | |
Residual Average | 0.0 | |
Price Variance | 0.43 |
Exelon lagged returns against current returns
Autocorrelation, which is Exelon stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Exelon's stock expected returns. We can calculate the autocorrelation of Exelon returns to help us make a trade decision. For example, suppose you find that Exelon has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
Timeline |
Exelon regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Exelon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Exelon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Exelon stock over time.
Current vs Lagged Prices |
Timeline |
Exelon Lagged Returns
When evaluating Exelon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Exelon stock have on its future price. Exelon autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Exelon autocorrelation shows the relationship between Exelon stock current value and its past values and can show if there is a momentum factor associated with investing in Exelon.
Regressed Prices |
Timeline |
Exelon Investors Sentiment
The influence of Exelon's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Exelon. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Exelon's public news can be used to forecast risks associated with an investment in Exelon. The trend in average sentiment can be used to explain how an investor holding Exelon can time the market purely based on public headlines and social activities around Exelon. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Exelon's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Exelon's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Exelon's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Exelon.
Exelon Implied Volatility | 21.51 |
Exelon's implied volatility exposes the market's sentiment of Exelon stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Exelon's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Exelon stock will not fluctuate a lot when Exelon's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Exelon in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Exelon's short interest history, or implied volatility extrapolated from Exelon options trading.
Pair Trading with Exelon
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Exelon position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Exelon will appreciate offsetting losses from the drop in the long position's value.Moving together with Exelon Stock
0.92 | D | Dominion Energy Financial Report 3rd of May 2024 | PairCorr |
0.85 | ES | Eversource Energy Financial Report 1st of May 2024 | PairCorr |
0.8 | FE | FirstEnergy Earnings Call This Week | PairCorr |
Moving against Exelon Stock
0.79 | HE | Hawaiian Electric Financial Report 14th of May 2024 | PairCorr |
The ability to find closely correlated positions to Exelon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Exelon when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Exelon - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Exelon to buy it.
The correlation of Exelon is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Exelon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Exelon moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Exelon can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Exelon Correlation, Exelon Volatility and Exelon Alpha and Beta module to complement your research on Exelon. For information on how to trade Exelon Stock refer to our How to Trade Exelon Stock guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Exelon Stock analysis
When running Exelon's price analysis, check to measure Exelon's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Exelon is operating at the current time. Most of Exelon's value examination focuses on studying past and present price action to predict the probability of Exelon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Exelon's price. Additionally, you may evaluate how the addition of Exelon to your portfolios can decrease your overall portfolio volatility.
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Exelon technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.