Chesapeake Energy Stock: Gauging Next Week’s Price Range



Implied volatility for Chesapeake Energy

Currently, Chesapeake Energy’s (CHK) implied volatility is ~51.5%, which is ~2.2% lower than its 15-day average of ~53%. In comparison, Chesapeake Energy’s peers Cabot Oil and Gas (COG) and Noble Energy (NBL) had implied volatilities of ~36% and ~27%, respectively.

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Using CHK’s implied volatility to forecast its stock price range

Based on Chesapeake Energy’s (CHK) implied volatility and assuming a normal distribution of stock prices (statistically known as the bell curve) and one standard deviation probability of 68.2%, CHK stock could close between $6.43–$7.40 in the next seven days.

In the next part of this series, we’ll look at analysts’ price targets for CHK for the next 12 months.


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