OGE Energy Stock Forecast - Accumulation Distribution

OGE Stock  USD 43.81  0.70  1.62%   
OGE Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast OGE Energy stock prices and determine the direction of OGE Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of OGE Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
The current year's Payables Turnover is expected to grow to 7.98, whereas Inventory Turnover is forecasted to decline to 3.25. . The current year's Net Income Applicable To Common Shares is expected to grow to about 803.8 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 197.2 M.
On August 30, 2024 OGE Energy had Accumulation Distribution of 10745.7. The accumulation distribution (A/D) indicator shows the degree to which OGE Energy is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of OGE Energy to determine if accumulation or reduction is taking place in the market. This value is adjusted by OGE Energy trading volume to give more weight to distributions with higher volume over lower volume.
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OGE Energy Trading Date Momentum

On September 03 2024 OGE Energy was traded for  39.29  at the closing time. Highest OGE Energy's price during the trading hours was 39.48  and the lowest price during the day was  38.99 . The net volume was 885.7 K. The overall trading history on the 3rd of September contributed to the next trading period price growth. The trading delta at closing time to the next next day price was 0.36% . The trading delta at closing time to current price is 0.74% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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Other Forecasting Options for OGE Energy

For every potential investor in OGE, whether a beginner or expert, OGE Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. OGE Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in OGE. Basic forecasting techniques help filter out the noise by identifying OGE Energy's price trends.

OGE Energy Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with OGE Energy stock to make a market-neutral strategy. Peer analysis of OGE Energy could also be used in its relative valuation, which is a method of valuing OGE Energy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

OGE Energy Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of OGE Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of OGE Energy's current price.

OGE Energy Market Strength Events

Market strength indicators help investors to evaluate how OGE Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading OGE Energy shares will generate the highest return on investment. By undertsting and applying OGE Energy stock market strength indicators, traders can identify OGE Energy entry and exit signals to maximize returns.

OGE Energy Risk Indicators

The analysis of OGE Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in OGE Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting oge stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether OGE Energy is a strong investment it is important to analyze OGE Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact OGE Energy's future performance. For an informed investment choice regarding OGE Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of OGE Energy to cross-verify your projections.
For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Electric Utilities space 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 OGE Energy. If investors know OGE 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 OGE Energy 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
(0.09)
Dividend Share
1.676
Earnings Share
1.93
Revenue Per Share
13.916
Quarterly Revenue Growth
0.021
The market value of OGE Energy is measured differently than its book value, which is the value of OGE that is recorded on the company's balance sheet. Investors also form their own opinion of OGE Energy's value that differs from its market value or its book value, called intrinsic value, which is OGE Energy'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 OGE Energy's market value can be influenced by many factors that don't directly affect OGE Energy'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 OGE Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if OGE Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, OGE Energy'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.