Oge Energy Stock Technical Analysis
| OGE Stock | USD 43.81 0.70 1.62% |
As of the 22nd of November, OGE Energy holds the Semi Deviation of 0.7581, risk adjusted performance of 0.1297, and Mean Deviation of 0.791. In respect to fundamental indicators, the technical analysis model allows you to check helpful technical drivers of OGE Energy, as well as the relationship between them. Please check OGE Energy variance, as well as the relationship between the maximum drawdown and semi variance to decide if OGE Energy is priced fairly, providing market reflects its current price of 43.81 per share. Given that OGE Energy has jensen alpha of 0.1099, we recommend you to check out OGE Energy's recent market performance to make sure the company can sustain itself in the future.
OGE Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as OGE, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to OGEOGE |
OGE Energy Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 35.43 | Buy | 13 | Odds |
Most OGE analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand OGE stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of OGE Energy, talking to its executives and customers, or listening to OGE conference calls.
OGE Energy 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.
OGE Energy Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of OGE Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
OGE Energy Trend Analysis
Use this graph to draw trend lines for OGE Energy. You can use it to identify possible trend reversals for OGE Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual OGE Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.OGE Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for OGE Energy applied against its price change over selected period. The best fit line has a slop of 0.06 , which may imply that OGE Energy will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 125.03, which is the sum of squared deviations for the predicted OGE Energy price change compared to its average price change.About OGE Energy Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of OGE Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of OGE Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on OGE Energy price pattern first instead of the macroeconomic environment surrounding OGE Energy. By analyzing OGE Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of OGE Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to OGE Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 (projected) | Dividend Yield | 0.0423 | 0.0416 | 0.0476 | Price To Sales Ratio | 2.1 | 2.35 | 2.62 |
OGE Energy November 22, 2024 Technical Indicators
Most technical analysis of OGE help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for OGE from various momentum indicators to cycle indicators. When you analyze OGE charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1297 | |||
| Market Risk Adjusted Performance | 0.3045 | |||
| Mean Deviation | 0.791 | |||
| Semi Deviation | 0.7581 | |||
| Downside Deviation | 0.9313 | |||
| Coefficient Of Variation | 601.05 | |||
| Standard Deviation | 1.06 | |||
| Variance | 1.12 | |||
| Information Ratio | 0.0629 | |||
| Jensen Alpha | 0.1099 | |||
| Total Risk Alpha | 0.028 | |||
| Sortino Ratio | 0.0715 | |||
| Treynor Ratio | 0.2945 | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (1.22) | |||
| Potential Upside | 2.37 | |||
| Downside Variance | 0.8673 | |||
| Semi Variance | 0.5747 | |||
| Expected Short fall | (0.90) | |||
| Skewness | 0.4485 | |||
| Kurtosis | 0.769 |
Complementary Tools for OGE Stock analysis
When running OGE Energy's price analysis, check to measure OGE Energy'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 OGE Energy is operating at the current time. Most of OGE Energy's value examination focuses on studying past and present price action to predict the probability of OGE Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OGE Energy's price. Additionally, you may evaluate how the addition of OGE Energy to your portfolios can decrease your overall portfolio volatility.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |