One Gas Stock Odds of Future Stock Price Finishing Under 73.78
| OGS Stock | USD 77.87 0.99 1.29% |
One |
One Gas Target Price Odds to finish below 73.78
The tendency of One Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 73.78 or more in 90 days |
| 77.87 | 90 days | 73.78 | about 76.34 |
Based on a normal probability distribution, the odds of One Gas to drop to $ 73.78 or more in 90 days from now is about 76.34 (This One Gas probability density function shows the probability of One Stock to fall within a particular range of prices over 90 days) . Probability of One Gas price to stay between $ 73.78 and its current price of $77.87 at the end of the 90-day period is about 22.52 .
Considering the 90-day investment horizon One Gas has a beta of 0.93. This indicates One Gas market returns are related to returns on the market. As the market goes up or down, One Gas is expected to follow. Additionally One Gas has an alpha of 0.1177, implying that it can generate a 0.12 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). One Gas Price Density |
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Predictive Modules for One Gas
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as One Gas. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.One Gas Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. One Gas is not an exception. The market had few large corrections towards the One Gas' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold One Gas, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of One Gas within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.12 | |
β | Beta against Dow Jones | 0.93 | |
σ | Overall volatility | 2.48 | |
Ir | Information ratio | 0.09 |
One Gas Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of One Gas for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for One Gas can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| One Gas has 3.07 B in debt with debt to equity (D/E) ratio of 1.7, which is OK given its current industry classification. One Gas has a current ratio of 0.9, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for One to invest in growth at high rates of return. | |
| Over 98.0% of One Gas shares are owned by institutional investors | |
| Latest headline from simplywall.st: A Look At The Intrinsic Value Of ONE Gas, Inc. |
One Gas Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of One Stock often depends not only on the future outlook of the current and potential One Gas' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. One Gas' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 55.9 M | |
| Cash And Short Term Investments | 18.8 M |
One Gas Technical Analysis
One Gas' future price can be derived by breaking down and analyzing its technical indicators over time. One Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of One Gas. In general, you should focus on analyzing One Stock price patterns and their correlations with different microeconomic environments and drivers.
One Gas Predictive Forecast Models
One Gas' time-series forecasting models is one of many One Gas' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary One Gas' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about One Gas
Checking the ongoing alerts about One Gas for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for One Gas help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| One Gas has 3.07 B in debt with debt to equity (D/E) ratio of 1.7, which is OK given its current industry classification. One Gas has a current ratio of 0.9, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for One to invest in growth at high rates of return. | |
| Over 98.0% of One Gas shares are owned by institutional investors | |
| Latest headline from simplywall.st: A Look At The Intrinsic Value Of ONE Gas, Inc. |
Additional Tools for One Stock Analysis
When running One Gas' price analysis, check to measure One Gas' 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 One Gas is operating at the current time. Most of One Gas' value examination focuses on studying past and present price action to predict the probability of One Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move One Gas' price. Additionally, you may evaluate how the addition of One Gas to your portfolios can decrease your overall portfolio volatility.