Implied volatility for Cabot Oil & Gas
Currently, Cabot Oil & Gas (COG) has an implied volatility of ~53.6%, which is ~21.0% higher than its 15-day average of ~44.3%.
Using COG’s implied volatility to forecast its stock price range
Based on Cabot Oil & Gas’s implied volatility and assuming normal distribution of stock prices (statistically known as the bell curve) and one standard deviation probability of 68.2%, COG stock will likely close between $23.32 and $20.10 in the next seven days.
In the following part of this series, we’ll look at analysts’ price targets for COG for the next 12 months.