Conocophillips Stock Alpha and Beta Analysis
| COP Stock | USD 123.55 1.32 1.08% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as ConocoPhillips. It also helps investors analyze the systematic and unsystematic risks associated with investing in ConocoPhillips over a specified time horizon. Remember, high ConocoPhillips' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to ConocoPhillips' market risk premium analysis include:
Beta 0.55 | Alpha 0.12 | Risk 1.19 | Sharpe Ratio 0.15 | Expected Return 0.18 |
ConocoPhillips Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
ConocoPhillips |
ConocoPhillips Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. ConocoPhillips market risk premium is the additional return an investor will receive from holding ConocoPhillips long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ConocoPhillips. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate ConocoPhillips' performance over market.| α | 0.12 | β | 0.55 |
ConocoPhillips expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of ConocoPhillips' Buy-and-hold return. Our buy-and-hold chart shows how ConocoPhillips performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.ConocoPhillips Market Price Analysis
Market price analysis indicators help investors to evaluate how ConocoPhillips stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ConocoPhillips shares will generate the highest return on investment. By understating and applying ConocoPhillips stock market price indicators, traders can identify ConocoPhillips position entry and exit signals to maximize returns.
ConocoPhillips Return and Market Media
The median price of ConocoPhillips for the period between Wed, Feb 7, 2024 and Tue, May 7, 2024 is 122.02 with a coefficient of variation of 6.96. The daily time series for the period is distributed with a sample standard deviation of 8.4, arithmetic mean of 120.7, and mean deviation of 7.68. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| ConocoPhillips dividend paid on 1st of March 2024 | 03/01/2024 |
1 | Acquisition by Sharmila Mulligan of 1974 shares of ConocoPhillips subject to Rule 16b-3 | 04/15/2024 |
2 | UPDATE 1-US restricts drilling and mining in Alaska wilderness, angering state leaders | 04/19/2024 |
3 | Phillips 66 Q1 2024 Earnings Call Transcript | 04/26/2024 |
4 | Earnings call Phillips 66 outlines strategic progress amid challenges | 04/29/2024 |
5 | ConocoPhillips is a Great Momentum Stock Should You Buy | 04/30/2024 |
6 | ConocoPhillips Oil Stocks are Vulnerable to a U.S. Recession | 05/01/2024 |
7 | ConocoPhillips earnings missed by 0.05, revenue fell short of estimates | 05/02/2024 |
8 | DNA from wine bottle leads to burglary suspects arrest in Cook County | 05/03/2024 |
About ConocoPhillips Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ConocoPhillips or other stocks. Alpha measures the amount that position in ConocoPhillips has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0247 | 0.0381 | 0.04 | 0.0424 | Price To Sales Ratio | 2.09 | 1.92 | 2.49 | 2.62 |
ConocoPhillips Upcoming Company Events
As portrayed in its financial statements, the presentation of ConocoPhillips' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, ConocoPhillips' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of ConocoPhillips' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of ConocoPhillips. Please utilize our Beneish M Score to check the likelihood of ConocoPhillips' management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with ConocoPhillips
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out ConocoPhillips Backtesting, ConocoPhillips Valuation, ConocoPhillips Correlation, ConocoPhillips Hype Analysis, ConocoPhillips Volatility, ConocoPhillips History and analyze ConocoPhillips Performance. To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Complementary Tools for ConocoPhillips Stock analysis
When running ConocoPhillips' price analysis, check to measure ConocoPhillips' 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 ConocoPhillips is operating at the current time. Most of ConocoPhillips' value examination focuses on studying past and present price action to predict the probability of ConocoPhillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConocoPhillips' price. Additionally, you may evaluate how the addition of ConocoPhillips to your portfolios can decrease your overall portfolio volatility.
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ConocoPhillips technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.