Chord Energy Corp Stock Probability of Future Stock Price Finishing Under 152.41
| CHRD Stock | USD 127.48 0.60 0.47% |
Chord |
Chord Energy Target Price Odds to finish below 152.41
The tendency of Chord Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 152.41 after 90 days |
| 127.48 | 90 days | 152.41 | close to 99 |
Based on a normal probability distribution, the odds of Chord Energy to stay under $ 152.41 after 90 days from now is close to 99 (This Chord Energy Corp probability density function shows the probability of Chord Stock to fall within a particular range of prices over 90 days) . Probability of Chord Energy Corp price to stay between its current price of $ 127.48 and $ 152.41 at the end of the 90-day period is about 73.68 .
Given the investment horizon of 90 days Chord Energy has a beta of 0.84 suggesting as returns on the market go up, Chord Energy average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Chord Energy Corp will be expected to be much smaller as well. Additionally Chord Energy Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Chord Energy Price Density |
| Price |
Predictive Modules for Chord Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Chord Energy Corp. 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.Chord Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Chord Energy is not an exception. The market had few large corrections towards the Chord Energy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Chord Energy Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Chord Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.3 | |
β | Beta against Dow Jones | 0.84 | |
σ | Overall volatility | 4.23 | |
Ir | Information ratio | -0.18 |
Chord 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 Chord Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Chord Energy Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Chord Energy Corp generated a negative expected return over the last 90 days | |
| Chord Energy Corp is unlikely to experience financial distress in the next 2 years | |
| Chord Energy Corp currently holds 430.62 M in liabilities with Debt to Equity (D/E) ratio of 0.35, which is about average as compared to similar companies. Chord Energy Corp has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Chord Energy's use of debt, we should always consider it together with its cash and equity. | |
| Chord Energy Corp has a strong financial position based on the latest SEC filings | |
| Over 91.0% of Chord Energy shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Insider Trading |
Chord 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 Chord Stock often depends not only on the future outlook of the current and potential Chord 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. Chord Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.4 M | |
| Cash And Short Term Investments | 318 M |
Chord Energy Technical Analysis
Chord Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Chord Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Chord Energy Corp. In general, you should focus on analyzing Chord Stock price patterns and their correlations with different microeconomic environments and drivers.
Chord Energy Predictive Forecast Models
Chord Energy's time-series forecasting models is one of many Chord 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 Chord 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 Chord Energy Corp
Checking the ongoing alerts about Chord Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Chord Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Chord Energy Corp generated a negative expected return over the last 90 days | |
| Chord Energy Corp is unlikely to experience financial distress in the next 2 years | |
| Chord Energy Corp currently holds 430.62 M in liabilities with Debt to Equity (D/E) ratio of 0.35, which is about average as compared to similar companies. Chord Energy Corp has a current ratio of 0.87, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Chord Energy's use of debt, we should always consider it together with its cash and equity. | |
| Chord Energy Corp has a strong financial position based on the latest SEC filings | |
| Over 91.0% of Chord Energy shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Insider Trading |
Check out Chord Energy Backtesting, Chord Energy Valuation, Chord Energy Correlation, Chord Energy Hype Analysis, Chord Energy Volatility, Chord Energy History as well as Chord Energy Performance. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Oil & Gas Exploration & Production space 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 Chord Energy. If investors know Chord 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 Chord Energy 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 (0.25) | Dividend Share 10.15 | Earnings Share 19.31 | Revenue Per Share 92.615 | Quarterly Revenue Growth 0.284 |
The market value of Chord Energy Corp is measured differently than its book value, which is the value of Chord that is recorded on the company's balance sheet. Investors also form their own opinion of Chord Energy's value that differs from its market value or its book value, called intrinsic value, which is Chord Energy's 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 Chord Energy's market value can be influenced by many factors that don't directly affect Chord Energy's 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 Chord Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chord Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chord 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.