Oge Energy Stock Probability of Future Stock Price Finishing Under 42.04
| OGE Stock | USD 41.30 0.07 0.17% |
OGE |
OGE Energy Target Price Odds to finish below 42.04
The tendency of OGE Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 42.04 after 90 days |
| 41.30 | 90 days | 42.04 | about 64.32 |
Based on a normal probability distribution, the odds of OGE Energy to stay under $ 42.04 after 90 days from now is about 64.32 (This OGE Energy probability density function shows the probability of OGE Stock to fall within a particular range of prices over 90 days) . Probability of OGE Energy price to stay between its current price of $ 41.30 and $ 42.04 at the end of the 90-day period is about 21.81 .
Considering the 90-day investment horizon OGE Energy has a beta of 0.44. This indicates as returns on the market go up, OGE Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding OGE Energy will be expected to be much smaller as well. Additionally OGE Energy has an alpha of 0.025, implying that it can generate a 0.025 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). OGE Energy Price Density |
| Price |
Predictive Modules for OGE Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as OGE Energy. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.OGE Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. OGE Energy is not an exception. The market had few large corrections towards the OGE Energy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold OGE Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of OGE Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.02 | |
β | Beta against Dow Jones | 0.44 | |
σ | Overall volatility | 1.33 | |
Ir | Information ratio | 0.01 |
OGE Energy Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of OGE Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for OGE Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| OGE Energy has 4.84 B in debt with debt to equity (D/E) ratio of 1.17, which is OK given its current industry classification. OGE Energy has a current ratio of 0.78, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for OGE to invest in growth at high rates of return. | |
| OGE Energy has a strong financial position based on the latest SEC filings | |
| About 72.0% of OGE Energy shares are owned by institutional investors | |
| Latest headline from simplywall.st: Did OGE Energy Corp. Use Debt To Deliver Its ROE Of 8.4 |
OGE Energy Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of OGE Stock often depends not only on the future outlook of the current and potential OGE Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. OGE Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 200.9 M | |
| Cash And Short Term Investments | 200 K |
OGE Energy Technical Analysis
OGE Energy's future price can be derived by breaking down and analyzing its technical indicators over time. OGE Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of OGE Energy. In general, you should focus on analyzing OGE Stock price patterns and their correlations with different microeconomic environments and drivers.
OGE Energy Predictive Forecast Models
OGE Energy's time-series forecasting models is one of many OGE Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary OGE Energy's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about OGE Energy
Checking the ongoing alerts about OGE Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for OGE Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| OGE Energy has 4.84 B in debt with debt to equity (D/E) ratio of 1.17, which is OK given its current industry classification. OGE Energy has a current ratio of 0.78, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for OGE to invest in growth at high rates of return. | |
| OGE Energy has a strong financial position based on the latest SEC filings | |
| About 72.0% of OGE Energy shares are owned by institutional investors | |
| Latest headline from simplywall.st: Did OGE Energy Corp. Use Debt To Deliver Its ROE Of 8.4 |
Check out OGE Energy Backtesting, OGE Energy Valuation, OGE Energy Correlation, OGE Energy Hype Analysis, OGE Energy Volatility, OGE Energy History as well as OGE Energy Performance. For information on how to trade OGE Stock refer to our How to Trade OGE Stock guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.