X
<

Marathon Oil’s Uptrend: Should We Be Worried?

PART:
1 2 3 4
Part 3
Marathon Oil’s Uptrend: Should We Be Worried? PART 3 OF 4

What Marathon Oil’s Implied Volatility Says about the Stock

Marathon Oil’s implied volatility

As of November 10, 2017, Marathon Oil (MRO) had an implied volatility of ~36.7%, which is higher than ~33% at the end of 3Q17. Since the start of 3Q17, MRO stock has risen ~15%, which resulted in a rise in its implied volatility since the start of 3Q17.

What Marathon Oil’s Implied Volatility Says about the Stock

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

Receive e-mail alerts for new research on MRO

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.

MRO’s price range forecast

Based on Marathon Oil’s implied volatility of ~36.7% and assuming a normal distribution of prices, 365 days a year, and a standard deviation of one, MRO stock is expected to close between $17.26 and $13.98 in the next seven calendar days. The stock should stay in that range 68% of the time. On November 10, 2017, MRO stock closed at $15.62.

Peer price range forecasts

As of November 10, 2017, Pioneer Natural Resources (PXD) has an implied volatility of ~28.1%, which means the stock is expected to close between $163.02 and $150.82 in the next seven calendar days. On November 10, 2017, PXD stock closed at $156.92.

As of November 10, 2017, EOG Resources (EOG) has an implied volatility of 23.2%, which means the stock is expected to close between $107.94 and $101.22 in the next seven calendar days. On November 10, 2017, EOG stock closed at $104.58.

Based on the inputs used in the calculation of price range, there’s a 68% probability that the stocks will close in their range for the given period.

X

Please select a profession that best describes you: