Callon Petroleum Stock Forecast - Day Typical Price
| CPEDelisted Stock | USD 35.76 0.31 0.87% |
Callon Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Callon Petroleum stock prices and determine the direction of Callon Petroleum's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Callon Petroleum's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. Callon |
Most investors in Callon Petroleum cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Callon Petroleum's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Callon Petroleum's price structures and extracts relationships that further increase the generated results' accuracy.
Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.| Previous Day Typical Price | Day Typical Price | Trend |
| 35.76 | 35.76 |
| Check Callon Petroleum Volatility | Backtest Callon Petroleum | Information Ratio |
Callon Petroleum Trading Date Momentum
| On April 24 2024 Callon Petroleum was traded for 35.76 at the closing time. Highest Callon Petroleum's price during the trading hours was 36.20 and the lowest price during the day was 35.33 . There was no trading activity during the period 0.0. Lack of trading volume on the 24th of April did not affect price variability. The overall trading delta to current price is 0.87% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
Compare Callon Petroleum to competition
View Callon Petroleum Related Equities
| Risk & Return | Correlation |
Callon Petroleum Market Strength Events
Market strength indicators help investors to evaluate how Callon Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Callon Petroleum shares will generate the highest return on investment. By undertsting and applying Callon Petroleum stock market strength indicators, traders can identify Callon Petroleum entry and exit signals to maximize returns.
Callon Petroleum Risk Indicators
The analysis of Callon Petroleum's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Callon Petroleum's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting callon stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.61 | |||
| Semi Deviation | 1.98 | |||
| Standard Deviation | 2.02 | |||
| Variance | 4.07 | |||
| Downside Variance | 4.32 | |||
| Semi Variance | 3.92 | |||
| Expected Short fall | (1.68) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Callon Petroleum in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Callon Petroleum's short interest history, or implied volatility extrapolated from Callon Petroleum options trading.
Pair Trading with Callon Petroleum
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Callon Petroleum position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Callon Petroleum will appreciate offsetting losses from the drop in the long position's value.Moving against Callon Stock
| 0.74 | BKRKY | Bank Rakyat Earnings Call Today | PairCorr |
| 0.67 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.58 | SHG | Shinhan Financial Earnings Call Tomorrow | PairCorr |
| 0.56 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.55 | PBCRY | Bank Central Asia | PairCorr |
The ability to find closely correlated positions to Callon Petroleum could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Callon Petroleum when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Callon Petroleum - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Callon Petroleum to buy it.
The correlation of Callon Petroleum is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Callon Petroleum moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Callon Petroleum moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Callon Petroleum can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Other Consideration for investing in Callon Stock
If you are still planning to invest in Callon Petroleum check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Callon Petroleum's history and understand the potential risks before investing.
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