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Bullish Case: Positive financial outcomes, boosted by strong gas revenues and high-performing management, counteract recent downtrends. Short-term volatility offers potential profitable plays for adept traders betting on a quick recovery.


Bearish Case: Downward market pressure and low trading volume imply a lack of bullish momentum. Increased volatility and recent poor performance likely to contribute to ongoing price declines over the short to medium term.


Potential Outcomes:

1. SRE rebounds in next month, driven by undervaluation (30%).

2. Continues downtrend due to market pessimism (40%).

3. Trades sideways amid balanced factors (30%).


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April 18, 2024


Sempra Energy Forecast

SRE        Sempra Energy
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











Correlated Stock Forecasts

Assets that tend to move strongly with SRE



ED Forecast + Options Trading Strategies   ED  Consolidated Edison (0.85)


CNP Forecast + Options Trading Strategies   CNP  Centerpoint Energy (0.83)


XEL Forecast + Options Trading Strategies   XEL  Xcel Energy (0.82)


PCG Forecast + Options Trading Strategies   PCG  PG&E (0.82)


SO Forecast + Options Trading Strategies   SO  Southern (0.82)



Uncorrelated Stock Forecasts

Assets with little price relationship to SRE



PWSC Forecast + Options Trading Strategies   PWSC  PowerSchool (0.0)


VITL Forecast + Options Trading Strategies   VITL  Vital Farms (-0.0)


LZ Forecast + Options Trading Strategies   LZ  LegalZoom.com (-0.0)


CCS Forecast + Options Trading Strategies   CCS  Century Communities (0.0)


OSCR Forecast + Options Trading Strategies   OSCR  Oscar Health (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against SRE



TUR Forecast + Options Trading Strategies   TUR  BlackRock Institutional Trust Company N.A. - iShares MSCI Turkey (-0.69)


BNO Forecast + Options Trading Strategies   BNO  United States Commodity Funds LLC - United States Brent Crude Oil (-0.69)


J Forecast + Options Trading Strategies   J  Jacobs Engineering Group (-0.7)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.71)


EUO Forecast + Options Trading Strategies   EUO  ProShares UltraShort Euro (-0.75)





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