Conocophillips Stock Statistic Functions Linear Regression

COP Stock  USD 126.84  0.85  0.67%   
ConocoPhillips statistic functions tool provides the execution environment for running the Linear Regression function and other technical functions against ConocoPhillips. ConocoPhillips value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression function function is designed to identify and follow existing trends. ConocoPhillips statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The output start index for this execution was two with a total number of output elements of fifty-nine. The Linear Regression model generates relationship between price series of ConocoPhillips and its peer or benchmark and helps predict ConocoPhillips future price from its past values.

ConocoPhillips Technical Analysis Modules

Most technical analysis of ConocoPhillips help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for ConocoPhillips from various momentum indicators to cycle indicators. When you analyze ConocoPhillips charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About ConocoPhillips Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of ConocoPhillips. We use our internally-developed statistical techniques to arrive at the intrinsic value of ConocoPhillips based on widely used predictive technical indicators. 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 statistic functions 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.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02470.03810.040.0424
Price To Sales Ratio2.091.922.492.62
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.
Hype
Prediction
LowEstimatedHigh
125.62126.94128.26
Details
Intrinsic
Valuation
LowRealHigh
120.71122.03139.52
Details
Naive
Forecast
LowNextHigh
127.48128.80130.12
Details
27 Analysts
Consensus
LowTargetHigh
118.22129.91144.20
Details
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.

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As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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When determining whether ConocoPhillips is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ConocoPhillips Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Conocophillips Stock. Highlighted below are key reports to facilitate an investment decision about Conocophillips Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConocoPhillips. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is ConocoPhillips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConocoPhillips. If investors know ConocoPhillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConocoPhillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.03)
Dividend Share
4.61
Earnings Share
9.06
Revenue Per Share
48.107
Quarterly Revenue Growth
(0.21)
The market value of ConocoPhillips is measured differently than its book value, which is the value of ConocoPhillips that is recorded on the company's balance sheet. Investors also form their own opinion of ConocoPhillips' value that differs from its market value or its book value, called intrinsic value, which is ConocoPhillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConocoPhillips' market value can be influenced by many factors that don't directly affect ConocoPhillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConocoPhillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConocoPhillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConocoPhillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.