Devon Energy (Brazil) Probability of Future Stock Price Finishing Over 216.79

D1VN34 Stock  BRL 210.31  2.84  1.33%   
Devon Energy's future price is the expected price of Devon Energy instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Devon Energy performance during a given time horizon utilizing its historical volatility. Check out Devon Energy Backtesting, Devon Energy Valuation, Devon Energy Correlation, Devon Energy Hype Analysis, Devon Energy Volatility, Devon Energy History as well as Devon Energy Performance.
For information on how to trade Devon Stock refer to our How to Trade Devon Stock guide.
  
Please specify Devon Energy's target price for which you would like Devon Energy odds to be computed.

Devon Energy Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Devon Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Devon Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Devon Energy generated a negative expected return over the last 90 days

Devon Energy Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Devon Stock often depends not only on the future outlook of the current and potential Devon Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Devon Energy's indicators that are reflective of the short sentiment are summarized in the table below.
Dividend Yield0.082
Forward Annual Dividend Rate26.76
Shares Float648.6 M

Devon Energy Technical Analysis

Devon Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Devon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Devon Energy. In general, you should focus on analyzing Devon Stock price patterns and their correlations with different microeconomic environments and drivers.

Devon Energy Predictive Forecast Models

Devon Energy's time-series forecasting models is one of many Devon Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Devon Energy's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Devon Energy

Checking the ongoing alerts about Devon Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Devon Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Devon Energy generated a negative expected return over the last 90 days

Additional Information and Resources on Investing in Devon Stock

When determining whether Devon Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Devon Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Devon Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Devon Energy Stock:
Check out Devon Energy Backtesting, Devon Energy Valuation, Devon Energy Correlation, Devon Energy Hype Analysis, Devon Energy Volatility, Devon Energy History as well as Devon Energy Performance.
For information on how to trade Devon Stock refer to our How to Trade Devon Stock guide.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Please note, there is a significant difference between Devon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Devon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Devon Energy's 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.