ConocoPhillips’s implied volatility
As of June 14, 2017, ConocoPhillips (COP) had implied volatility of ~26.0%, which is below its 260-trading day historical price volatility.
Stock price range forecast
Based on ConocoPhillips’s implied volatility of ~26.0%, and assuming a bell curve model with a standard deviation of one, ConocoPhillips’s stock price is expected to close between $40.68 and $47.24 after 30 calendar days. Based on the statistical formula, ConocoPhillips’s stock price will stay in this range ~68% of the time.