X
<

Is Pioneer Natural Resources on Track for Fiscal 2017?

PART:
1 2 3 4 5 6 7 8 9
Part 7
Is Pioneer Natural Resources on Track for Fiscal 2017? PART 7 OF 9

Pioneer Natural Resources Stock: What Implied Volatility Tells You

Pioneer Natural Resources’ implied volatility

As of September 5, Pioneer Natural Resources (PXD had an implied volatility of ~27.35%—which is lower than its implied volatility of ~28.54% a week earlier, on August 29.

Pioneer Natural Resources Stock: What Implied Volatility Tells You

Interested in DVN? Don't miss the next report.

Receive e-mail alerts for new research on DVN

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

PXD’s price range forecast

Based on Pioneer Natural Resources’ implied volatility of ~27.35%, and assuming a normal distribution of prices, 365 days in a year, and a standard deviation of one, its stock is expected to close between $143.51 and $122.65 in the next 30 calendar days. PXD’s stock should stay in this range 68% of the time.

Peer price range forecasts

As of September 6, Devon Energy (DVN) has an implied volatility of ~30.29%—which means DVN stock is expected to close between $35.52 and $29.84 in the next 30 calendar days. On September 6, DVN’s stock price closed at $32.68.

PXD’s peer Marathon Oil (MRO) has an implied volatility of ~35.93%, which means MRO stock is expected to close between $12.92 and $10.54 in the next 30 calendar days. On September 6, DVN’s stock price closed at $11.73.

Based on the inputs used to calculate price range, there’s a 68% chance that the stocks will close in these ranges for the given period.

X

Please select a profession that best describes you: