Patterson UTI Stock Forward View
| PTEN Stock | USD 7.53 0.01 0.13% |
Patterson Stock outlook is based on your current time horizon. Although Patterson UTI's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Patterson UTI's systematic risk associated with finding meaningful patterns of Patterson UTI fundamentals over time.
The relative strength index (RSI) of Patterson UTI's stock price is about 65 indicating that the stock is rather overbought by investors as of today. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Patterson, making its price go up or down. Momentum 65
Buy Extended
Oversold | Overbought |
Quarterly Earnings Growth (0.98) | EPS Estimate Next Quarter (0.16) | EPS Estimate Current Year (0.31) | EPS Estimate Next Year (0.37) | Wall Street Target Price 7.2679 |
Using Patterson UTI hype-based prediction, you can estimate the value of Patterson UTI Energy from the perspective of Patterson UTI response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Patterson UTI using Patterson UTI's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Patterson using crowd psychology based on the activity and movement of Patterson UTI's stock price.
Patterson UTI Short Interest
An investor who is long Patterson UTI may also wish to track short interest. As short interest increases, investors should be becoming more worried about Patterson UTI and may potentially protect profits, hedge Patterson UTI with its derivative instruments, or be ready for some potential downside.
200 Day MA 5.9958 | Short Percent 0.0934 | Short Ratio 2.41 | Shares Short Prior Month 28.8 M | 50 Day MA 6.3842 |
Patterson Relative Strength Index
The Naive Prediction forecasted value of Patterson UTI Energy on the next trading day is expected to be 7.25 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 11.91.Patterson UTI Energy Hype to Price Pattern
Investor biases related to Patterson UTI's public news can be used to forecast risks associated with an investment in Patterson. The trend in average sentiment can be used to explain how an investor holding Patterson can time the market purely based on public headlines and social activities around Patterson UTI Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Patterson UTI's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Patterson UTI.
Patterson UTI Implied Volatility | 0.79 |
Patterson UTI's implied volatility exposes the market's sentiment of Patterson UTI Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Patterson UTI's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Patterson UTI stock will not fluctuate a lot when Patterson UTI's options are near their expiration.
The Naive Prediction forecasted value of Patterson UTI Energy on the next trading day is expected to be 7.25 with a mean absolute deviation of 0.20 and the sum of the absolute errors of 11.91. Patterson UTI after-hype prediction price | USD 7.64 |
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.
Patterson | Build AI portfolio with Patterson Stock |
Prediction based on Rule 16 of the current Patterson contract
Based on the Rule 16, the options market is currently suggesting that Patterson UTI Energy will have an average daily up or down price movement of about 0.0494% per day over the life of the 2026-03-20 option contract. With Patterson UTI trading at USD 7.53, that is roughly USD 0.003718 . If you think that the market is fully incorporating Patterson UTI's daily price movement you should consider acquiring Patterson UTI Energy options at the current volatility level of 0.79%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Open Interest Against 2026-03-20 Patterson Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Patterson UTI's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Patterson UTI's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Patterson UTI stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Patterson UTI's open interest, investors have to compare it to Patterson UTI's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Patterson UTI is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Patterson. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Patterson UTI Additional Predictive Modules
Most predictive techniques to examine Patterson price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Patterson using various technical indicators. When you analyze Patterson 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 |
Patterson UTI Cash Forecast
Forecasting financial indicators like cash flow involves analysts applying various statistical methods, techniques, and algorithms. These tools reveal hidden trends within the Patterson UTI's financial statements to estimate their effects on upcoming price movements.
Cash | First Reported 1992-12-31 | Previous Quarter 183.8 M | Current Value 184.8 M | Quarterly Volatility 87.6 M |
Patterson UTI Naive Prediction Price Forecast For the 2nd of February
Given 90 days horizon, the Naive Prediction forecasted value of Patterson UTI Energy on the next trading day is expected to be 7.25 with a mean absolute deviation of 0.20, mean absolute percentage error of 0.05, and the sum of the absolute errors of 11.91.Please note that although there have been many attempts to predict Patterson Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Patterson UTI's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Patterson UTI Stock Forecast Pattern
| Backtest Patterson UTI | Patterson UTI Price Prediction | Buy or Sell Advice |
Patterson UTI Forecasted Value
In the context of forecasting Patterson UTI's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Patterson UTI's downside and upside margins for the forecasting period are 4.55 and 9.96, respectively. We have considered Patterson UTI's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Patterson UTI stock data series using in forecasting. Note that when a statistical model is used to represent Patterson UTI stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 115.2047 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.1953 |
| MAPE | Mean absolute percentage error | 0.0316 |
| SAE | Sum of the absolute errors | 11.9118 |
Predictive Modules for Patterson UTI
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Patterson UTI Energy. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Patterson UTI's 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.
Patterson UTI After-Hype Price Density Analysis
As far as predicting the price of Patterson UTI 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 Patterson UTI 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 Patterson UTI, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Patterson UTI Estimiated After-Hype Price Volatility
In the context of predicting Patterson UTI's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Patterson UTI's historical news coverage. Patterson UTI's after-hype downside and upside margins for the prediction period are 4.94 and 10.34, respectively. We have considered Patterson UTI'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
Patterson UTI is somewhat reliable at this time. Analysis and calculation of next after-hype price of Patterson UTI Energy is based on 3 months time horizon.
Patterson UTI Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Patterson UTI is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Patterson UTI 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 Patterson UTI, 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 |
0.32 | 2.70 | 0.11 | 0.03 | 8 Events / Month | 8 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
7.53 | 7.64 | 1.46 |
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Patterson UTI Hype Timeline
Patterson UTI Energy is at this time traded for 7.53. The entity has historical hype elasticity of 0.11, and average elasticity to hype of competition of -0.03. Patterson is forecasted to increase in value after the next headline, with the price projected to jump to 7.64 or above. The average volatility of media hype impact on the company the price is over 100%. The price boost on the next news is projected to be 1.46%, whereas the daily expected return is at this time at 0.32%. The volatility of related hype on Patterson UTI is about 3253.01%, with the expected price after the next announcement by competition of 7.50. The company reported the previous year's revenue of 5.38 B. Net Loss for the year was (966.4 M) with profit before overhead, payroll, taxes, and interest of 1.19 B. Given the investment horizon of 90 days the next forecasted press release will be in about 8 days. Check out Historical Fundamental Analysis of Patterson UTI to cross-verify your projections.Patterson UTI Related Hype Analysis
Having access to credible news sources related to Patterson UTI's direct competition is more important than ever and may enhance your ability to predict Patterson UTI's future price movements. Getting to know how Patterson UTI'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 Patterson UTI may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| HP | Helmerich and Payne | (0.23) | 9 per month | 1.94 | 0.19 | 4.11 | (4.04) | 10.51 | |
| OII | Oceaneering International | 0.02 | 11 per month | 1.88 | 0.15 | 5.31 | (3.35) | 12.51 | |
| INSW | International Seaways | (0.25) | 12 per month | 1.31 | 0.14 | 3.52 | (2.42) | 14.71 | |
| DKL | Delek Logistics Partners | 2.40 | 11 per month | 1.39 | 0.09 | 2.42 | (1.92) | 10.05 | |
| DK | Delek Energy | (1.14) | 10 per month | 0.00 | (0.15) | 4.15 | (3.81) | 12.71 | |
| TDW | Tidewater | (0.54) | 10 per month | 2.57 | 0.12 | 5.06 | (5.04) | 15.89 | |
| CRGY | Crescent Energy Co | 0.11 | 10 per month | 3.02 | 0.08 | 4.89 | (5.18) | 15.66 | |
| KNTK | Kinetik Holdings | 0.20 | 7 per month | 2.78 | 0.02 | 3.18 | (3.31) | 12.65 | |
| GEL | Genesis Energy LP | (0.47) | 10 per month | 1.78 | 0.05 | 3.59 | (2.86) | 8.12 | |
| CIVI | Civitas Resources | (0.93) | 11 per month | 0.00 | (0.02) | 3.63 | (4.19) | 11.71 |
Other Forecasting Options for Patterson UTI
For every potential investor in Patterson, whether a beginner or expert, Patterson UTI's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Patterson Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Patterson. Basic forecasting techniques help filter out the noise by identifying Patterson UTI's price trends.Patterson UTI Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Patterson UTI stock to make a market-neutral strategy. Peer analysis of Patterson UTI could also be used in its relative valuation, which is a method of valuing Patterson UTI by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Patterson UTI Market Strength Events
Market strength indicators help investors to evaluate how Patterson UTI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Patterson UTI shares will generate the highest return on investment. By undertsting and applying Patterson UTI stock market strength indicators, traders can identify Patterson UTI Energy entry and exit signals to maximize returns.
Patterson UTI Risk Indicators
The analysis of Patterson UTI's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Patterson UTI's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting patterson stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.09 | |||
| Semi Deviation | 2.52 | |||
| Standard Deviation | 2.76 | |||
| Variance | 7.63 | |||
| Downside Variance | 8.42 | |||
| Semi Variance | 6.36 | |||
| Expected Short fall | (2.17) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Patterson UTI
The number of cover stories for Patterson UTI depends on current market conditions and Patterson UTI's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Patterson UTI 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 Patterson UTI'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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Patterson UTI Short Properties
Patterson UTI's future price predictability will typically decrease when Patterson UTI's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Patterson UTI Energy often depends not only on the future outlook of the potential Patterson UTI'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. Patterson UTI's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 397.2 M | |
| Cash And Short Term Investments | 239.2 M |
Check out Historical Fundamental Analysis of Patterson UTI to cross-verify your projections. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Will Energy Equipment & Services sector continue expanding? Could Patterson diversify its offerings? Factors like these will boost the valuation of Patterson UTI. Anticipated expansion of Patterson directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Patterson UTI data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.98) | Dividend Share 0.32 | Earnings Share (0.37) | Revenue Per Share | Quarterly Revenue Growth (0.13) |
Investors evaluate Patterson UTI Energy using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Patterson UTI's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Patterson UTI's market price to deviate significantly from intrinsic value.
It's important to distinguish between Patterson UTI's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Patterson UTI should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Patterson UTI's market price signifies the transaction level at which participants voluntarily complete trades.