Devon Energy (Brazil) Analysis

Devon Stock Analysis Notes

The book value of the company was currently reported as 16.63. The company has Price/Earnings To Growth (PEG) ratio of 0.48. Devon Energy recorded earning per share (EPS) of 50.64. The entity last dividend was issued on the 9th of December 2022. Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma. DEVON ENERGYDRN operates under Oil Gas EP classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1400 people. To learn more about Devon Energy call Richard Muncrief at 405 235 3611 or check out https://www.devonenergy.com.

Devon Energy Investment Alerts

Devon Market Capitalization

The company currently falls under 'Mega-Cap' category with a current market capitalization of 221.56 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Devon Energy's market, we take the total number of its shares issued and multiply it by Devon Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Devon Profitablity

The company has Profit Margin (PM) of 0.34 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.43 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.43.

Technical Drivers

As of the 21st of November, Devon Energy shows the Standard Deviation of 1.73, mean deviation of 1.18, and Variance of 3.0. Devon Energy technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Devon Energy Price Movement Analysis

Devon Energy Predictive Daily Indicators

Devon Energy Forecast Models

Devon Energy's time-series forecasting models are one of many Devon Energy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae 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. These non-stationary Devon 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 market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Devon Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Devon shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Devon Energy. By using and applying Devon Stock analysis, traders can create a robust methodology for identifying Devon entry and exit points for their positions.

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.