Coterra Energy Stock Momentum Indicators Stochastic Fast

CTRA Stock  USD 27.63  0.19  0.69%   
Coterra Energy momentum indicators tool provides the execution environment for running the Stochastic Fast indicator and other technical functions against Coterra Energy. Coterra Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of momentum indicators indicators. As with most other technical indicators, the Stochastic Fast indicator function is designed to identify and follow existing trends. Momentum indicators of Coterra Energy are pattern recognition functions that provide distinct formation on Coterra Energy potential trading signals or future price movement. Analysts can use these trading signals to identify current and future trends and trend reversals to provide buy and sell recommendations. Please specify Fast-K Period, Fast-D Period and Fast-D MA to execute this model.

The output start index for this execution was six with a total number of output elements of fifty-five. The Stochastic Fast indicator can be used to generate Coterra Energy buy or sell signals based on bullish and bearish divergences.

Coterra Energy Technical Analysis Modules

Most technical analysis of Coterra Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Coterra from various momentum indicators to cycle indicators. When you analyze Coterra 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.

About Coterra Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Coterra Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Coterra Energy based on widely used predictive technical indicators. In general, we focus on analyzing Coterra Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Coterra Energy's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Coterra Energy's intrinsic value. In addition to deriving basic predictive indicators for Coterra Energy, we also check how macroeconomic factors affect Coterra Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.08160.10.04610.029
Price To Sales Ratio2.772.163.393.22
Hype
Prediction
LowEstimatedHigh
26.0627.5829.10
Details
Intrinsic
Valuation
LowRealHigh
24.8730.7432.26
Details
Naive
Forecast
LowNextHigh
26.7228.2429.77
Details
25 Analysts
Consensus
LowTargetHigh
29.3632.2635.81
Details

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Coterra Energy pair trading

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 Coterra 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 Coterra Energy will appreciate offsetting losses from the drop in the long position's value.

Coterra Energy Pair Trading

Coterra Energy Pair Trading Analysis

The ability to find closely correlated positions to Coterra 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 Coterra 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 Coterra 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 Coterra Energy to buy it.
The correlation of Coterra 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 Coterra Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coterra 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 Coterra 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.
Pair CorrelationCorrelation Matching
When determining whether Coterra Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coterra Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coterra Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coterra Energy Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Coterra Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Coterra Stock refer to our How to Trade Coterra Stock guide.
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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 Coterra Energy. If investors know Coterra 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 Coterra 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
(0.19)
Dividend Share
0.83
Earnings Share
1.65
Revenue Per Share
7.376
Quarterly Revenue Growth
(0.05)
The market value of Coterra Energy is measured differently than its book value, which is the value of Coterra that is recorded on the company's balance sheet. Investors also form their own opinion of Coterra Energy's value that differs from its market value or its book value, called intrinsic value, which is Coterra 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 Coterra Energy's market value can be influenced by many factors that don't directly affect Coterra 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 Coterra Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coterra Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coterra 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.