Atmos Energy Stock Forecast - Daily Balance Of Power

ATO
 Stock
  

USD 116.95  1.68  1.46%   

Atmos Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Atmos Energy historical stock prices and determine the direction of Atmos Energy Corp's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Atmos Energy historical fundamentals such as revenue growth or operating cash flow patterns. Although Atmos Energy naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Atmos Energy Corp systematic risk associated with finding meaningful patterns of Atmos Energy fundamentals over time.
Please continue to Historical Fundamental Analysis of Atmos Energy to cross-verify your projections.
  
Receivables Turnover is expected to rise to 14.99 this year. Inventory Turnover is expected to rise to 8.52 this year. Issuance Purchase of Equity Shares is expected to rise to about 772.4 M this year, although the value of Weighted Average Shares will most likely fall to about 139.6 M.

Open Interest Agains t 2022-08-19 Atmos Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Atmos Energy's 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 Atmos Energy's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Atmos Energy stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Atmos Energy's open interest, investors have to compare it to Atmos Energy's 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 Atmos Energy 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 Atmos. 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.
Atmos Energy Corp has current Daily Balance Of Power of 0.
Most investors in Atmos Energy 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 Atmos Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Atmos Energy's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Atmos Energy Corp market sensitivity to bulls and bears. It estimates the ability of Atmos Energy buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Atmos Energy Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
0.65410
Check Atmos Energy VolatilityBacktest Atmos EnergyInformation Ratio  

Atmos Energy Trading Date Momentum

On August 15 2022 Atmos Energy Corp was traded for  116.95  at the closing time. Highest Atmos Energy's price during the trading hours was 116.99  and the lowest price during the day was  115.40 . There was no trading activity during the period 0.0. Lack of trading volume on the 15th of August 2022 did not affect price variability. The overall trading delta to current price is 0.89% .
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 Atmos Energy

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

Atmos Energy 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 Atmos Energy stock to make a market-neutral strategy. Peer analysis of Atmos Energy could also be used in its relative valuation, which is a method of valuing Atmos Energy by comparing valuation metrics with similar companies.
Microsoft CorpWalt DisneyThe Travelers CompaniesMcDonalds CorpPfizer Inc3M CompanyProcter GambleInternational BusinessCoca-ColaAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGX Nasdaq-100 CoveredFranklin Mutual European
 Risk & Return  Correlation

Atmos Energy Corp 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 Atmos Energy's 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 Atmos Energy's current price.

Atmos Energy Risk Indicators

The analysis of Atmos Energy's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Atmos Energy's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Atmos Energy stock price, 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 stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Atmos Energy without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Fundamental Analysis

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Pair Trading with Atmos Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atmos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atmos Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Atmos Energy

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The ability to find closely correlated positions to Atmos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atmos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atmos Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atmos Energy Corp to buy it.
The correlation of Atmos Energy is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atmos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atmos Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atmos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Historical Fundamental Analysis of Atmos Energy to cross-verify your projections. Note that the Atmos Energy Corp information on this page should be used as a complementary analysis to other Atmos Energy's 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Atmos Energy Corp price analysis, check to measure Atmos 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 Atmos Energy is operating at the current time. Most of Atmos Energy's value examination focuses on studying past and present price action to predict the probability of Atmos Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atmos Energy's price. Additionally, you may evaluate how the addition of Atmos Energy to your portfolios can decrease your overall portfolio volatility.
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Is Atmos Energy's 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 Atmos Energy. If investors know Atmos 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 Atmos 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 YOY
0.18
Market Capitalization
16.4 B
Quarterly Revenue Growth YOY
0.35
Return On Assets
0.0279
Return On Equity
0.0882
The market value of Atmos Energy Corp is measured differently than its book value, which is the value of Atmos that is recorded on the company's balance sheet. Investors also form their own opinion of Atmos Energy's value that differs from its market value or its book value, called intrinsic value, which is Atmos 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 Atmos Energy's market value can be influenced by many factors that don't directly affect Atmos 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 Atmos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Atmos Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atmos 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.