uploads///COP Q Implied Volatility

Forecasting ConocoPhillips’s Stock Price Using Implied Volatility

By

Jul. 6 2017, Updated 9:06 a.m. ET

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.

Article continues below advertisement

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.

Other upstream stocks

As of June 14, 2017, upstream stocks PE Energy (PE), Diamondback Energy (FANG), and RSP Permian (RSPP) had implied volatility of ~41.8%, ~31.2%, and ~39.2%. The SPDR S&P 500 ETF (SPY) had implied volatility of ~8.4%.

Advertisement

More From Market Realist

  • CONNECT with Market Realist
  • Link to Facebook
  • Link to Twitter
  • Link to Instagram
  • Link to Email Subscribe
Market Realist Logo
Do Not Sell My Personal Information

© Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.