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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 (0.88)


SO Forecast + Options Trading Strategies   [SO]  Southern (0.86)


CNP Forecast + Options Trading Strategies   [CNP]  Centerpoint Energy (0.85)


XEL Forecast + Options Trading Strategies   [XEL]  Xcel Energy (0.83)


ADC Forecast + Options Trading Strategies   [ADC]  Agree Realty (0.8)



Uncorrelated Stock Forecasts

Assets with little price relationship to SRE



OSCR Forecast + Options Trading Strategies   [OSCR]  Oscar Health (0.0)


XLV Forecast + Options Trading Strategies   [XLV]  Health Care Select Sector SPDR (-0.0)


FIS Forecast + Options Trading Strategies   [FIS]  Fidelity National Information Services (0.0)


ITW Forecast + Options Trading Strategies   [ITW]  Illinois Tool Works (-0.0)


HAS Forecast + Options Trading Strategies   [HAS]  Hasbro (-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 (-0.68)


J Forecast + Options Trading Strategies   [J]  Jacobs Engineering Group (-0.71)


TBF Forecast + Options Trading Strategies   [TBF]  ProShares Short 20+ Year Treasury (-0.71)


TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.72)


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





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