ConocoPhillips Story

COP -  USA Stock  

USD 57.53  1.48  2.51%

As many millenniums are trying to avoid energy space, it makes sense to recap ConocoPhillips a little further and try to understand its current market patterns. As expected, ConocoPhillips is starting to reaffirm its true potential as insiders are becoming more and more confident in the future outlook. The company returns are highly reactive to each other to returns on the market. As market goes up or down, the company is expected to follow. Healthy basic indicators of the firm may also hint at signals of long period gains for ConocoPhillips insiders. The next fiscal quarter end is expected on the 30th of June 2021.
Published over a month ago
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Will ConocoPhillips (NYSE:COP) price continue to roll up in June?
ConocoPhillips's average rating is Buy from 13 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on ConocoPhillips market sentiment investors' perception of the future value of ConocoPhillips. Let us look at a few aspects of ConocoPhillips technical analysis. About 63.0% of the company shares are held by institutions such as insurance companies. ConocoPhillips has price-to-book (P/B) ratio of 1.99. Some equities with similar Price to Book (P/B) outperform the market in the long run. The entity recorded a loss per share of 2.51. The firm next dividend is scheduled to be issued on the 11th of February 2021. ConocoPhillips had 1311791:1000000 split on the 1st of May 2012.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of ConocoPhillips. In general, we focus on analyzing ConocoPhillips stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build ConocoPhillips's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of ConocoPhillips's intrinsic value. In addition to deriving basic predictive indicators for ConocoPhillips, we also check how macroeconomic factors affect ConocoPhillips price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of ConocoPhillips' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of ConocoPhillips in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as ConocoPhillips. Your research has to be compared to or analyzed against ConocoPhillips' peers to derive any actionable benefits. When done correctly, ConocoPhillips' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in ConocoPhillips.

How does ConocoPhillips Stands against Peers?

Analyzing ConocoPhillips competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to ConocoPhillips across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out ConocoPhillips Competition Details

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for ConocoPhillips, but it might be worth checking our own buy vs. sell analysis

Closer look at ConocoPhillips Semi Variance

ConocoPhillips has current Semi Variance of 4.26. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.

Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.

Semi Variance 
 = 
SUM(RET DEV)2 
N(ZERO) 
 = 
4.26
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero
Let's now compare ConocoPhillips Semi Variance to its closest peers:
COP
FANG
AR
ESTE
FLMN
COP4.2647275377879295
FANG9.85
AR15.58
ESTE14.72
FLMN8.31

Another 3 percent roll up for ConocoPhillips

ConocoPhillips recent mean deviation upswings over 2.0.
As of the 15th of May 2021, ConocoPhillips shows the Mean Deviation of 2.0, downside deviation of 2.2, and Risk Adjusted Performance of 0.1071. ConocoPhillips technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for ConocoPhillips, which can be compared to its rivals. Please confirm ConocoPhillips coefficient of variation, treynor ratio, as well as the relationship between the Treynor Ratio and semi variance to decide if ConocoPhillips is priced correctly, providing market reflects its regular price of 56.52 per share. Given that ConocoPhillips has jensen alpha of 0.1583, we suggest you to validate ConocoPhillips's prevailing market performance to make sure the company can sustain itself at a future point.

Our Conclusion on ConocoPhillips

Although few other entities within the oil & gas e&p industry are still a little expensive, even after the recent corrections, ConocoPhillips may offer a potential longer-term growth to insiders. While some short-term oriented insiders may not share our view, we believe it may be a good time to pick up new shares of ConocoPhillips.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of ConocoPhillips. Please refer to our Terms of Use for any information regarding our disclosure principles.

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