One Gas Stock Market Value
| OGS Stock | USD 62.29 0.84 1.37% |
| Symbol | One |
One Gas Price To Book Ratio
Is One Gas' 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 One Gas. If investors know One 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 One Gas 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 0.034 | Dividend Share 2.6 | Earnings Share 4.14 | Revenue Per Share 42.662 | Quarterly Revenue Growth (0.26) |
The market value of One Gas is measured differently than its book value, which is the value of One that is recorded on the company's balance sheet. Investors also form their own opinion of One Gas' value that differs from its market value or its book value, called intrinsic value, which is One Gas' 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 One Gas' market value can be influenced by many factors that don't directly affect One Gas' 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 One Gas' value and its price as these two are different measures arrived at by different means. Investors typically determine if One Gas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, One Gas' 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.
One Gas '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 One Gas' 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 One Gas.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in One Gas on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding One Gas or generate 0.0% return on investment in One Gas over 30 days. One Gas is related to or competes with UGI Corp. ONE Gas, Inc., together with its subsidiaries, operates as a regulated natural gas distribution utility company in the U... More
One Gas 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 One Gas' 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 One Gas upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.65 | |||
| Information Ratio | 0.0234 | |||
| Maximum Drawdown | 7.9 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.55 |
One Gas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for One Gas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as One Gas' standard deviation. In reality, there are many statistical measures that can use One Gas historical prices to predict the future One Gas' volatility.| Risk Adjusted Performance | 0.0496 | |||
| Jensen Alpha | 0.0161 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0205 | |||
| Treynor Ratio | 0.071 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of One Gas' 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.
One Gas Backtested Returns
We consider One Gas very steady. One Gas maintains Sharpe Ratio (i.e., Efficiency) of 0.0548, which implies the firm had a 0.0548% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for One Gas, which you can use to evaluate the volatility of the company. Please check One Gas' Coefficient Of Variation of 1409.46, semi deviation of 1.5, and Risk Adjusted Performance of 0.0496 to confirm if the risk estimate we provide is consistent with the expected return of 0.0795%. One Gas has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 1.3, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, One Gas will likely underperform. One Gas right now holds a risk of 1.45%. Please check One Gas potential upside, and the relationship between the total risk alpha and kurtosis , to decide if One Gas will be following its historical price patterns.
Auto-correlation | -0.67 |
Very good reverse predictability
One Gas has very good reverse predictability. Overlapping area represents the amount of predictability between One Gas time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th 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 One Gas price movement. The serial correlation of -0.67 indicates that around 67.0% of current One Gas price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 1.1 |
One Gas lagged returns against current returns
Autocorrelation, which is One Gas 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 One Gas' stock expected returns. We can calculate the autocorrelation of One Gas returns to help us make a trade decision. For example, suppose you find that One Gas 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 |
One Gas 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 One Gas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if One Gas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in One Gas stock over time.
Current vs Lagged Prices |
| Timeline |
One Gas Lagged Returns
When evaluating One Gas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of One Gas stock have on its future price. One Gas 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, One Gas autocorrelation shows the relationship between One Gas stock current value and its past values and can show if there is a momentum factor associated with investing in One Gas.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out One Gas Correlation, One Gas Volatility and One Gas Alpha and Beta module to complement your research on One Gas. For more information on how to buy One Stock please use our How to Invest in One Gas guide.Note that the One Gas information on this page should be used as a complementary analysis to other One Gas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary 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.
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One Gas 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.