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Where Williams Companies Could Trade in the Next 7 Days

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Dec. 4 2020, Updated 10:53 a.m. ET

Williams Companies’ implied volatility

Williams Companies’ (WMB) 30-day implied volatility was 19.2% as of September 27, 2017. In comparison, ONEOK (OKE) and Kinder Morgan (KMI) have implied volatilities of 18.3% and 17.7%, respectively. At the same time, the Alerian MLP ETF (AMLP) has an implied volatility of 18.0%. Williams Partners (WPZ), Williams Companies’ MLP subsidiary, has an implied volatility of 17.8% as of September 27. Williams Companies’ slightly higher implied volatility compared to Williams Partners could be attributed to its dependence on the limited partnership for distribution income.

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Williams Companies’ price forecast

Williams Companies is expected to trade at $29.18–$30.78 in the next seven days based on its closing price of $29.98 on September 27. Williams Companies has a 68% chance of trading within this range in the next seven days—assuming a normal distribution of prices.

In the next part, we’ll analyze Williams Companies’ current valuation.

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