ONE GAS, INC.

86.14 +0.44 (+0.51%) Buy

OGS continues to mint money for it's investors

13 min read

ONE GAS, INC. outperformed today. It surged by +0.51% to close at 86.14. It's recent 5 day performance has been -0.87%, +0.13%, +1.45%, -1.44% and +1.48%.

[Themes containing OGS]

OGS showed a bullish trend over the last 3 months. During this period OGS surged by +5.76% and saw a maximum drawdown of -7.24%. It has been unusually choppy during this period. Long term investors are better off avoiding investing in OGS till volatility reduces and a clear trend emerges.

Trend

OGS has been outperforming the SP500 index in recent time. It showed significant outperformance (compared to the SP500 index) from 9 Mar, 2018 to 7 Dec, 2018. Over the last 2 years 11 months and 7 days, OGS outperformed the SP500 index on 54% days.

OGS was profitable on 56% days in the last three months. During this time, it delivered on average +0.1% per day. It delivered it's worst daily return of -3.26%, during this period, on Thursday, 11 Oct, 2018. The longest stort-term trend during this period was 5 profitable days, which started on 4 Oct, 2018 and went on till 10 Oct, 2018. This bullish trend returned +3.34% to investors.

The last 12 months saw OGS's investors making profits in 8 months and incurring losses in 4 months. During the last year, OGS and SP500 index had the same number of profitable months. OGS was also a more risky investment than SP500 index as it's worst month in the last year, Feb 2018, returned -10.22% compared to -7.28% returned by SP500 index in Oct 2018. OGS had a shorter streak of profitable months than SP500 index. It only went up in 3 straight months during the last year.

Frugality includes all the other virtues.
-- Cicero

OGS is currently seeing overall increase in volatility. In comparison, the SP500 index is seeing increase in volatility. During the last three months, there was a significant surge in OGS's volatility from 2 Oct, 2018 to 31 Oct, 2018. While there was a significant surge in the SP500 index's volatility from 13 Sep, 2018 to 29 Oct, 2018.

Advanced/professional short-term investors should note that OGS has significant positive skewness in it's return distribution. This indicates that investors can expect OGS to recover from drawdowns quickly. Which makes OGS a good candidate for investing on short-term bullish trends or even counter-trends hoping for a pull-back.

OGS has more chance of extreme outcomes than the SP500 index. Therefore, OGS must receive a lower allocation than SP500 in your portfolio. SP500 index usually has shorter drawdown period than OGS.

On a general note (since you are interested in OGS), two instruments that deserve special mention are EPIX and AYTU. They have significantly outperformed the overall market.

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