One Gas Stock Forecast - Daily Balance Of Power

OGS Stock  USD 74.20  0.50  0.68%   
One Stock Forecast is based on your current time horizon.
  
At this time, One Gas' Inventory Turnover is comparatively stable compared to the past year. Payables Turnover is likely to gain to 8.20 in 2024, whereas Receivables Turnover is likely to drop 4.36 in 2024. . Common Stock Shares Outstanding is likely to gain to about 58.5 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 164.8 M in 2024.

Open Interest Against 2024-10-18 One Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast One Gas' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in One Gas' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for One Gas stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current One Gas' open interest, investors have to compare it to One Gas' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of One Gas is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in One. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
On May 22, 2024 One Gas had Daily Balance Of Power of (0.95). Most investors in One Gas cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the One Gas' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets One Gas' price structures and extracts relationships that further increase the accuracy of the generated results. Balance of Power indicator (or BOP) measures the strength of One Gas market sensitivity to bulls and bears. It estimates the ability of One Gas buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring One Gas Balance of Power indicator one can determine a trend of the price direction.
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One Gas Trading Date Momentum

On May 23 2024 One Gas was traded for  59.78  at the closing time. Highest One Gas's price during the trading hours was 61.70  and the lowest price during the day was  59.68 . The net volume was 346.1 K. The overall trading history on the 23rd of May contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 3.77% . The trading delta at closing time to current price is 3.59% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for One Gas

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

One Gas 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 One Gas stock to make a market-neutral strategy. Peer analysis of One Gas could also be used in its relative valuation, which is a method of valuing One Gas by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

One Gas 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 One Gas' 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 One Gas' current price.

One Gas Market Strength Events

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

One Gas Risk Indicators

The analysis of One Gas' 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 One Gas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting one 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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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.