Last close
$10.66
Both lenses score −3 to +3, in different senses: on Market Lens, +3 is strongly supportive conditions; on Valuation Lens, +3 is very cheap against modeled fair value.
Market Lens
- Trend
- Sideways
- Volatility
- High
- Vs trend
- Near trend
Energy asset-class score
+1.1
Favorable
Natural gas is sideways with high volatility, below its long-term average, and was the class's only decliner on 16 October. Its strongest related force is a headwind: U.S. storage sits above the five-year average heading into winter, which limits the gas risk premium.
Full evidence →Valuation Lens
—Unavailable
- Median fair value
- —market = 100
- 1y modeled return
- —
US natural gas futures exposure; gas fundamentals were not researched for this report.
Full distribution →Risk profile
- Annualised volatility
- 63.2%
- Max drawdown
- -92.9%
- 5y return (CAGR)
- -31.4%
Tactical
Realized statistics from five years of monthly total returns. Historical risk is context, not a forecast.
Technical
Supporting and opposing conditions
Supportive
- Still above its fifty-day average
Opposing
- Highest ATR in the class at 3.99%
- Below its two-hundred-day average