Conocophillips Stock Technical Analysis
| COP Stock | USD 128.06 0.27 0.21% |
As of the 18th of April 2024, ConocoPhillips shows the Risk Adjusted Performance of 0.1202, mean deviation of 0.9256, and Downside Deviation of 1.09. 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 peers. 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 128.06 per share. Given that ConocoPhillips has jensen alpha of 0.1806, we suggest you to validate ConocoPhillips's prevailing market performance to make sure the company can sustain itself at a future point.
ConocoPhillips Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as ConocoPhillips, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to ConocoPhillipsConocoPhillips |
ConocoPhillips Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 129.91 | Strong Buy | 28 | Odds |
Most ConocoPhillips analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand ConocoPhillips stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of ConocoPhillips, talking to its executives and customers, or listening to ConocoPhillips conference calls.
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.
ConocoPhillips Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of ConocoPhillips volatility. High ATR values indicate high volatility, and low values indicate low volatility.
ConocoPhillips Trend Analysis
Use this graph to draw trend lines for ConocoPhillips. You can use it to identify possible trend reversals for ConocoPhillips as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual ConocoPhillips price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.ConocoPhillips Best Fit Change Line
The following chart estimates an ordinary least squares regression model for ConocoPhillips applied against its price change over selected period. The best fit line has a slop of 0.43 , which may imply that ConocoPhillips will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 6890.42, which is the sum of squared deviations for the predicted ConocoPhillips price change compared to its average price change.About ConocoPhillips Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of ConocoPhillips on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of ConocoPhillips based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on ConocoPhillips price pattern first instead of the macroeconomic environment surrounding ConocoPhillips. By analyzing ConocoPhillips's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of ConocoPhillips's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to ConocoPhillips specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 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 April 18, 2024 Technical Indicators
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 different 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 |
| Risk Adjusted Performance | 0.1202 | |||
| Market Risk Adjusted Performance | 0.3615 | |||
| Mean Deviation | 0.9256 | |||
| Semi Deviation | 0.85 | |||
| Downside Deviation | 1.09 | |||
| Coefficient Of Variation | 545.75 | |||
| Standard Deviation | 1.19 | |||
| Variance | 1.41 | |||
| Information Ratio | 0.1365 | |||
| Jensen Alpha | 0.1806 | |||
| Total Risk Alpha | 0.1218 | |||
| Sortino Ratio | 0.1492 | |||
| Treynor Ratio | 0.3515 | |||
| Maximum Drawdown | 5.32 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 2.2 | |||
| Downside Variance | 1.18 | |||
| Semi Variance | 0.7226 | |||
| Expected Short fall | (1.05) | |||
| Skewness | (0.01) | |||
| Kurtosis | 0.1191 |
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 Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |
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 9.05 | 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.