Devon Energy (Brazil) Price Prediction
| D1VN34 Stock | BRL 194.40 1.80 0.92% |
Oversold Vs Overbought
37
Oversold | Overbought |
Using Devon Energy hype-based prediction, you can estimate the value of Devon Energy from the perspective of Devon Energy response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in Devon Energy to buy its stock at a price that has no basis in reality. In that case, they are not buying Devon because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Devon Energy after-hype prediction price | BRL 194.4 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Devon |
Devon Energy After-Hype Price Prediction Density Analysis
As far as predicting the price of Devon Energy at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Devon Energy or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Devon Energy, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Devon Energy Estimiated After-Hype Price Volatility
In the context of predicting Devon Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Devon Energy's historical news coverage. Devon Energy's after-hype downside and upside margins for the prediction period are 192.57 and 196.23, respectively. We have considered Devon Energy's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Devon Energy is very steady at this time. Analysis and calculation of next after-hype price of Devon Energy is based on 3 months time horizon.
Devon Energy Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Devon Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Devon Energy backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Devon Energy, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.21 | 1.82 | 0.00 | 0.00 | 0 Events / Month | 0 Events / Month | In a few days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
194.40 | 194.40 | 0.00 |
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Devon Energy Hype Timeline
Devon Energy is currently traded for 194.40on Sao Paulo Exchange of Brazil. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Devon is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is currently at -0.21%. %. The volatility of related hype on Devon Energy is about 0.0%, with the expected price after the next announcement by competition of 194.40. The book value of the company was currently reported as 16.63. The company has Price/Earnings To Growth (PEG) ratio of 0.48. Devon Energy recorded earning per share (EPS) of 50.64. The entity last dividend was issued on the 9th of December 2022. Assuming the 90 days trading horizon the next anticipated press release will be in a few days. Check out Devon Energy Basic Forecasting Models to cross-verify your projections.Devon Energy Related Hype Analysis
Having access to credible news sources related to Devon Energy's direct competition is more important than ever and may enhance your ability to predict Devon Energy's future price movements. Getting to know how Devon Energy's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Devon Energy may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| COPH34 | ConocoPhillips | 0.00 | 0 per month | 0.00 | (0.02) | 3.56 | (3.89) | 12.68 | |
| E1OG34 | EOG Resources | 0.00 | 0 per month | 0.60 | 0.07 | 1.18 | (1.75) | 12.79 | |
| OXYP34 | Occidental Petroleum | 0.00 | 0 per month | 1.76 | 0.01 | 3.16 | (2.91) | 8.77 | |
| D1VN34 | Devon Energy | 0.00 | 0 per month | 0.00 | (0.12) | 2.75 | (3.48) | 9.80 | |
| H1ES34 | H1ES34 | 0.00 | 0 per month | 0.00 | (0.81) | 0.00 | 0.00 | 0.28 | |
| A1PA34 | APA Corporation | 0.00 | 0 per month | 0.00 | (0.04) | 3.69 | (5.59) | 16.52 | |
| PRIO3 | Petro Rio SA | 0.00 | 0 per month | 0.00 | (0.06) | 2.70 | (3.12) | 9.24 | |
| RECV3 | Petroreconcavo SA | 0.00 | 0 per month | 0.00 | (0.06) | 4.30 | (3.03) | 14.28 |
Devon Energy Additional Predictive Modules
Most predictive techniques to examine Devon price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Devon using various technical indicators. When you analyze Devon 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.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Devon Energy Predictive Indicators
The successful prediction of Devon Energy stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Devon Energy, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Devon Energy based on analysis of Devon Energy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Devon Energy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Devon Energy's related companies.
Story Coverage note for Devon Energy
The number of cover stories for Devon Energy depends on current market conditions and Devon Energy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Devon Energy is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Devon Energy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Devon Energy Short Properties
Devon Energy's future price predictability will typically decrease when Devon Energy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Devon Energy often depends not only on the future outlook of the 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 Yield | 0.082 | |
| Forward Annual Dividend Rate | 26.76 | |
| Shares Float | 648.6 M |
Complementary Tools for Devon Stock analysis
When running Devon Energy's price analysis, check to measure Devon Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Devon Energy is operating at the current time. Most of Devon Energy's value examination focuses on studying past and present price action to predict the probability of Devon Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Devon Energy's price. Additionally, you may evaluate how the addition of Devon Energy to your portfolios can decrease your overall portfolio volatility.
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