Southwest Gas Stock Forecast - Period Momentum Indicator
| SWX Stock | USD 78.16 0.14 0.18% |
Southwest Stock Forecast is based on your current time horizon.
Southwest |
Open Interest Against 2024-12-20 Southwest Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Southwest 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 Southwest Gas' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Southwest 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 Southwest Gas' open interest, investors have to compare it to Southwest 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 Southwest 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 Southwest. 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.
| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.14) | (0.14) |
| Check Southwest Gas Volatility | Backtest Southwest Gas | Information Ratio |
Southwest Gas Trading Date Momentum
| On November 29 2024 Southwest Gas Holdings was traded for 78.16 at the closing time. Highest Southwest Gas's price during the trading hours was 79.68 and the lowest price during the day was 78.01 . The net volume was 364 K. The overall trading history on the 29th of November did not result in any price rise and fall. The trading price change to current price is 1.09% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare Southwest Gas to competition |
Other Forecasting Options for Southwest Gas
For every potential investor in Southwest, whether a beginner or expert, Southwest Gas' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Southwest Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Southwest. Basic forecasting techniques help filter out the noise by identifying Southwest Gas' price trends.Southwest 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 Southwest Gas stock to make a market-neutral strategy. Peer analysis of Southwest Gas could also be used in its relative valuation, which is a method of valuing Southwest Gas by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Southwest Gas Holdings 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 Southwest 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 Southwest Gas' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Southwest Gas Market Strength Events
Market strength indicators help investors to evaluate how Southwest 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 Southwest Gas shares will generate the highest return on investment. By undertsting and applying Southwest Gas stock market strength indicators, traders can identify Southwest Gas Holdings entry and exit signals to maximize returns.
Southwest Gas Risk Indicators
The analysis of Southwest 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 Southwest Gas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting southwest 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.
| Mean Deviation | 1.14 | |||
| Semi Deviation | 1.12 | |||
| Standard Deviation | 1.43 | |||
| Variance | 2.06 | |||
| Downside Variance | 1.75 | |||
| Semi Variance | 1.26 | |||
| Expected Short fall | (1.24) |
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.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Southwest Stock Analysis
When running Southwest Gas' price analysis, check to measure Southwest 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 Southwest Gas is operating at the current time. Most of Southwest Gas' value examination focuses on studying past and present price action to predict the probability of Southwest Gas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southwest Gas' price. Additionally, you may evaluate how the addition of Southwest Gas to your portfolios can decrease your overall portfolio volatility.