Devon Energy Stock Price Patterns
| DVN Stock | USD 40.21 0.27 0.68% |
Momentum 50
Impartial
Oversold | Overbought |
Quarterly Earnings Growth (0.16) | EPS Estimate Next Quarter 0.9215 | EPS Estimate Current Year 3.9946 | EPS Estimate Next Year 3.6645 | Wall Street Target Price 44.7586 |
Using Devon Energy hype-based prediction, you can estimate the value of Devon Energy from the perspective of Devon Energy response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Devon Energy using Devon Energy's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Devon using crowd psychology based on the activity and movement of Devon Energy's stock price.
Devon Energy Short Interest
An investor who is long Devon Energy may also wish to track short interest. As short interest increases, investors should be becoming more worried about Devon Energy and may potentially protect profits, hedge Devon Energy with its derivative instruments, or be ready for some potential downside.
200 Day MA 34.0743 | Short Percent 0.0403 | Short Ratio 2.39 | Shares Short Prior Month 18.5 M | 50 Day MA 36.817 |
Devon Energy Hype to Price Pattern
Investor biases related to Devon Energy's public news can be used to forecast risks associated with an investment in Devon. The trend in average sentiment can be used to explain how an investor holding Devon can time the market purely based on public headlines and social activities around Devon 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 Devon Energy's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Devon Energy.
Devon Energy Implied Volatility | 0.57 |
Devon Energy's implied volatility exposes the market's sentiment of Devon Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Devon Energy'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 Devon Energy stock will not fluctuate a lot when Devon Energy's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Devon Energy to buy its stock at a price that has no basis in reality. In that case, they are not buying Devon because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Devon Energy after-hype prediction price | USD 40.42 |
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.
Prediction based on Rule 16 of the current Devon contract
Based on the Rule 16, the options market is currently suggesting that Devon Energy will have an average daily up or down price movement of about 0.0356% per day over the life of the 2026-04-17 option contract. With Devon Energy trading at USD 40.21, that is roughly USD 0.0143 . If you think that the market is fully incorporating Devon Energy's daily price movement you should consider acquiring Devon Energy options at the current volatility level of 0.57%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Check out Devon Energy Basic Forecasting Models to cross-verify your projections. Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Devon Energy'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.
Devon Energy After-Hype Price Density Analysis
As far as predicting the price of Devon Energy 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 Devon Energy 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 Devon Energy, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Devon Energy Estimiated After-Hype Price Volatility
In the context of predicting Devon Energy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Devon Energy's historical news coverage. Devon Energy's after-hype downside and upside margins for the prediction period are 38.32 and 42.52, respectively. We have considered Devon Energy'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
Devon Energy is very steady at this time. Analysis and calculation of next after-hype price of Devon Energy is based on 3 months time horizon.
Devon Energy Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Devon Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Devon Energy 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 Devon Energy, 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 |
0.37 | 2.10 | 0.21 | 0.81 | 11 Events / Month | 6 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
40.21 | 40.42 | 0.52 |
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Devon Energy Hype Timeline
On the 31st of January Devon Energy is traded for 40.21. The entity has historical hype elasticity of 0.21, and average elasticity to hype of competition of -0.81. Devon is anticipated to increase in value after the next headline, with the price projected to jump to 40.42 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 0.52%, whereas the daily expected return is currently at 0.37%. The volatility of related hype on Devon Energy is about 96.07%, with the expected price after the next announcement by competition of 39.40. The company reported the last year's revenue of 15.57 B. Total Income to common stockholders was 2.94 B with profit before taxes, overhead, and interest of 8.17 B. Considering the 90-day investment horizon the next anticipated press release will be in about 11 days. Check out Devon Energy Basic Forecasting Models to cross-verify your projections.Devon Energy Related Hype Analysis
Having access to credible news sources related to Devon Energy's direct competition is more important than ever and may enhance your ability to predict Devon Energy's future price movements. Getting to know how Devon Energy'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 Devon Energy may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CTRA | Coterra Energy | 0.03 | 10 per month | 1.59 | 0.14 | 2.45 | (2.90) | 9.69 | |
| TPL | Texas Pacific Land | (12.41) | 10 per month | 2.27 | 0.06 | 5.79 | (3.90) | 16.39 | |
| EC | Ecopetrol SA ADR | 0.12 | 11 per month | 1.72 | 0.23 | 3.15 | (3.07) | 10.93 | |
| VG | Venture Global | 0.01 | 7 per month | 4.26 | 0 | 6.78 | (7.80) | 17.61 | |
| TS | Tenaris SA ADR | (0.32) | 10 per month | 1.25 | 0.19 | 3.69 | (2.22) | 9.87 | |
| PBA | Pembina Pipeline Corp | (1.17) | 8 per month | 1.23 | 0.1 | 1.99 | (1.63) | 6.67 | |
| EXEEL | Expand Energy | (6.63) | 6 per month | 1.84 | 0.01 | 4.93 | (3.34) | 13.68 | |
| EXE | Expand Energy | (1.85) | 10 per month | 1.67 | 0.03 | 4.39 | (3.08) | 10.14 | |
| EXEEZ | Expand Energy | 0.00 | 7 per month | 0.00 | (0.05) | 0.00 | 0.00 | 8.55 | |
| HAL | Halliburton | 0.36 | 9 per month | 1.64 | 0.14 | 4.05 | (3.16) | 11.25 |
Devon Energy Additional Predictive Modules
Most predictive techniques to examine Devon price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Devon using various technical indicators. When you analyze Devon 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 |
About Devon Energy Predictive Indicators
The successful prediction of Devon Energy stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Devon Energy, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Devon Energy based on analysis of Devon Energy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Devon Energy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Devon Energy's related companies. | 2023 | 2024 | 2025 | 2026 (projected) | Dividend Yield | 0.0642 | 0.046 | 0.0414 | 0.0434 | Price To Sales Ratio | 1.91 | 1.31 | 1.51 | 2.94 |
Pair Trading with Devon Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Devon Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Devon Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Devon Stock
| 0.97 | PR | Permian Resources Aggressive Push | PairCorr |
| 0.83 | SDE | Spartan Delta Corp | PairCorr |
| 0.89 | FANG | Diamondback Energy | PairCorr |
Moving against Devon Stock
The ability to find closely correlated positions to Devon Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Devon Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Devon Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Devon Energy to buy it.
The correlation of Devon Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Devon Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Devon Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Devon Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Devon Energy Basic Forecasting Models to cross-verify your projections. To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Will Oil & Gas Exploration & Production sector continue expanding? Could Devon diversify its offerings? Factors like these will boost the valuation of Devon Energy. Projected growth potential of Devon fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Devon Energy data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.16) | Dividend Share 0.94 | Earnings Share 4.24 | Revenue Per Share | Quarterly Revenue Growth 0.071 |
Understanding Devon Energy requires distinguishing between market price and book value, where the latter reflects Devon's accounting equity. The concept of intrinsic value—what Devon Energy's is actually worth based on fundamentals—guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Devon Energy's price substantially above or below its fundamental value.
It's important to distinguish between Devon Energy's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Devon Energy should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Devon Energy's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.