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Forecasting Cabot Oil & Gas Stock for Next Week

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Jan. 18 2017, Published 10:40 a.m. ET

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%.

In comparison, Cabot Oil & Gas’s peer Antero Resources (AR) has an implied volatility of 55.5%. Implied volatility for natural gas prices (UGAZ) was 45.6% on January 13, 2017.

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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.

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