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 can analyze different prices and returns patterns and
diagnose historical swings to determine the real value of ConocoPhillips. In general, sophisticated investors focus on analyzing ConocoPhillips stock price patterns and their correlations with different microeconomic environment and drivers. They 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, many experienced traders 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, anticipate that 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 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 toward 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 DetailsConocoPhillips Gross Profit
ConocoPhillips Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing ConocoPhillips previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show ConocoPhillips Gross Profit growth over the last 10 years. Please check ConocoPhillips'
gross profit and other
fundamental indicators for more details.
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 | 4.2647275377879295 |
| FANG | 9.85 |
| AR | 15.58 |
| ESTE | 14.72 |
| FLMN | 8.31 |
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.
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Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile 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 Rifka Kats do not own shares of ConocoPhillips. Please refer to our
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