Callon Petroleum Stock Forecast - Accumulation Distribution
| 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.
The accumulation distribution (A/D) indicator shows the degree to which Callon Petroleum is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Callon Petroleum to determine if accumulation or reduction is taking place in the market. This value is adjusted by Callon Petroleum trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 16679.51 | 33332.64 |
| Check Callon Petroleum Volatility | Backtest Callon Petroleum | Trend Details |
Callon Petroleum Trading Date Momentum
| On February 28 2024 Callon Petroleum was traded for 31.22 at the closing time. Highest Callon Petroleum's price during the trading hours was 31.80 and the lowest price during the day was 31.03 . The net volume was 897.8 K. The overall trading history on the 28th of February contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.08% . The overall trading delta to current price is 0.98% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
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.
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
| 0.73 | TRV | The Travelers Companies Sell-off Trend | PairCorr |
| 0.7 | HPQ | HP Inc Financial Report 4th of June 2024 | PairCorr |
| 0.62 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
| 0.57 | VNTN | VentureNet Capital | PairCorr |
| 0.56 | INTC | Intel Financial Report 25th of July 2024 | 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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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