Natural Gas Services Stock Technical Analysis
NGS Stock | USD 19.76 0.08 0.41% |
As of the 28th of March, Natural Gas secures the Downside Deviation of 2.08, risk adjusted performance of 0.1234, and Mean Deviation of 1.88. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Natural Gas Services, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Natural Gas, which can be compared to its peers in the industry. Please verify Natural Gas Services information ratio, potential upside, as well as the relationship between the Potential Upside and kurtosis to decide if Natural Gas Services is priced some-what accurately, providing market reflects its recent price of 19.76 per share. Given that Natural Gas Services has jensen alpha of 0.2921, we recommend you to check Natural Gas's last-minute market performance to make sure the company can sustain itself at a future point.
Natural Gas Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Natural, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to NaturalNatural |
Natural Gas Analyst Consensus
Target Price | Advice | # of Analysts | |
23.5 | Strong Buy | 3 | Odds |
Most Natural 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 Natural stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Natural Gas Services, talking to its executives and customers, or listening to Natural conference calls.
Natural 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.
Natural Gas Services Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Natural Gas Services volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Natural Gas Services Trend Analysis
Use this graph to draw trend lines for Natural Gas Services. You can use it to identify possible trend reversals for Natural Gas 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 Natural Gas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Natural Gas Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Natural Gas Services applied against its price change over selected period. The best fit line has a slop of 0.07 , which may imply that Natural Gas Services will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 183.2, which is the sum of squared deviations for the predicted Natural Gas price change compared to its average price change.About Natural Gas 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 Natural Gas Services 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 Natural Gas Services based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Natural Gas Services price pattern first instead of the macroeconomic environment surrounding Natural Gas Services. By analyzing Natural Gas'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 Natural Gas'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 Natural Gas specific price patterns or momentum indicators. Please read more on our technical analysis page.
2023 | 2024 (projected) | Dividend Yield | 0.001162 | 0.001104 | Price To Sales Ratio | 1.5 | 2.25 |
Natural Gas March 28, 2024 Technical Indicators
Most technical analysis of Natural 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 Natural from various momentum indicators to cycle indicators. When you analyze Natural 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 | 0.1234 | |||
Market Risk Adjusted Performance | 0.334 | |||
Mean Deviation | 1.88 | |||
Semi Deviation | 1.71 | |||
Downside Deviation | 2.08 | |||
Coefficient Of Variation | 479.87 | |||
Standard Deviation | 2.32 | |||
Variance | 5.39 | |||
Information Ratio | 0.1506 | |||
Jensen Alpha | 0.2921 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | 0.1679 | |||
Treynor Ratio | 0.324 | |||
Maximum Drawdown | 10.73 | |||
Value At Risk | (3.17) | |||
Potential Upside | 4.09 | |||
Downside Variance | 4.34 | |||
Semi Variance | 2.93 | |||
Expected Short fall | (2.09) | |||
Skewness | 0.2389 | |||
Kurtosis | (0.32) |
Natural Gas March 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Natural stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 2,522 | ||
Daily Balance Of Power | 0.09 | ||
Rate Of Daily Change | 1.00 | ||
Day Median Price | 19.69 | ||
Day Typical Price | 19.71 | ||
Price Action Indicator | 0.11 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Natural Gas Services. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Natural Gas Services information on this page should be used as a complementary analysis to other Natural 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 Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Complementary Tools for Natural Stock analysis
When running Natural Gas' price analysis, check to measure Natural 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 Natural Gas is operating at the current time. Most of Natural Gas' value examination focuses on studying past and present price action to predict the probability of Natural Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Natural Gas' price. Additionally, you may evaluate how the addition of Natural Gas to your portfolios can decrease your overall portfolio volatility.
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Bonds Directory Find actively traded corporate debentures issued by US companies | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments |
Is Natural 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 Natural Gas. If investors know Natural 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 Natural 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 0.116 | Earnings Share 0.18 | Revenue Per Share 8.76 | Quarterly Revenue Growth 0.423 | Return On Assets 0.0151 |
The market value of Natural Gas Services is measured differently than its book value, which is the value of Natural that is recorded on the company's balance sheet. Investors also form their own opinion of Natural Gas' value that differs from its market value or its book value, called intrinsic value, which is Natural 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 Natural Gas' market value can be influenced by many factors that don't directly affect Natural 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 Natural Gas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Natural Gas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Natural 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.