Devon Energy (UK) Buy Hold or Sell Recommendation
| 0I8W Stock | 38.34 1.15 2.91% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Devon Energy Corp is 'Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Devon Energy Corp given historical horizon and risk tolerance towards Devon Energy. When Macroaxis issues a 'buy' or 'sell' recommendation for Devon Energy Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Devon Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Devon Stock please use our How to Invest in Devon Energy guide. Note, we conduct extensive research on individual companies such as Devon and provide practical buy, sell, or hold advice based on investors' constraints. Devon Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Devon |
Execute Devon Energy Buy or Sell Advice
The Devon recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Devon Energy Corp. Macroaxis does not own or have any residual interests in Devon Energy Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Devon Energy's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Devon Energy Trading Alerts and Improvement Suggestions
| Devon Energy Corp generated a negative expected return over the last 90 days | |
| Devon Energy Corp is unlikely to experience financial distress in the next 2 years | |
| About 74.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: Devon Energy Co. Shares Sold by Ontario Teachers Pension Plan Board - MarketBeat |
Devon Energy Returns Distribution Density
The distribution of Devon Energy's historical returns is an attempt to chart the uncertainty of Devon Energy's future price movements. The chart of the probability distribution of Devon Energy daily returns describes the distribution of returns around its average expected value. We use Devon Energy Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Devon Energy returns is essential to provide solid investment advice for Devon Energy.
| Mean Return | -0.16 | Value At Risk | -3.07 | Potential Upside | 2.54 | Standard Deviation | 1.77 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Devon Energy historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Devon Energy Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (602M) | 393M | 34M | (817M) | (579M) | (550.1M) | |
| Free Cash Flow | 130M | 193M | 2.9B | 3.4B | 2.6B | 2.7B | |
| Depreciation | 1.9B | 3.9B | 3.6B | 2.2B | 2.6B | 1.7B | |
| Other Non Cash Items | 467M | 481M | (1.5B) | (771M) | (111M) | (105.5M) | |
| Dividends Paid | 140M | 257M | 1.3B | 3.4B | 1.9B | 2.0B | |
| Capital Expenditures | 1.9B | 1.2B | 2.0B | 5.1B | 3.9B | 3.8B | |
| Net Income | (353M) | (2.7B) | 2.8B | 6.0B | 3.7B | 3.9B | |
| End Period Cash Flow | 1.8B | 2.2B | 2.3B | 1.5B | 875M | 1.5B | |
| Change To Netincome | 993M | 2.8B | 12M | 481M | 553.2M | 620.4M |
Devon Energy Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Devon Energy or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Devon Energy's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Devon stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.25 | |
β | Beta against Dow Jones | 0.71 | |
σ | Overall volatility | 1.73 | |
Ir | Information ratio | -0.16 |
Devon Energy Volatility Alert
Devon Energy Corp exhibits very low volatility with skewness of -0.36 and kurtosis of -0.48. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Devon Energy's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Devon Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Devon Energy Fundamentals Vs Peers
Comparing Devon Energy's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Devon Energy's direct or indirect competition across all of the common fundamentals between Devon Energy and the related equities. This way, we can detect undervalued stocks with similar characteristics as Devon Energy or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Devon Energy's fundamental indicators could also be used in its relative valuation, which is a method of valuing Devon Energy by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Devon Energy to competition |
| Fundamentals | Devon Energy | Peer Average |
| Return On Equity | 0.26 | -0.31 |
| Return On Asset | 0.11 | -0.14 |
| Profit Margin | 0.23 % | (1.27) % |
| Operating Margin | 0.32 % | (5.51) % |
| Current Valuation | 34.77 B | 16.62 B |
| Shares Outstanding | 468.2 M | 571.82 M |
| Shares Owned By Insiders | 0.73 % | 10.09 % |
| Shares Owned By Institutions | 73.95 % | 39.21 % |
| Price To Sales | 1.15 X | 11.42 X |
| Revenue | 15.14 B | 9.43 B |
| Gross Profit | 11.33 B | 27.38 B |
| EBITDA | 7.48 B | 3.9 B |
| Net Income | 3.75 B | 570.98 M |
| Total Debt | 6.48 B | 5.32 B |
| Book Value Per Share | 21.70 X | 1.93 K |
| Cash Flow From Operations | 6.54 B | 971.22 M |
| Earnings Per Share | 5.33 X | 3.12 X |
| Number Of Employees | 1.9 K | 18.84 K |
| Beta | 2.07 | -0.15 |
| Market Capitalization | 1.67 T | 19.03 B |
| Total Asset | 24.49 B | 29.47 B |
| Retained Earnings | 6.2 B | 9.33 B |
| Net Asset | 24.49 B | |
| Last Dividend Paid | 2.0 |
Devon Energy Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Devon . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Devon Energy Buy or Sell Advice
When is the right time to buy or sell Devon Energy Corp? Buying financial instruments such as Devon Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional 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.