12 Jun

Forecasting Total’s Stock Direction This Quarter

WRITTEN BY Maitali Ramkumar

Forecasting Total’s stock price

Since April 1, Total’s (TOT) implied volatility has risen by 2.4 percentage points to 19.0%, while its stock price has fallen 2.0%. Considering Total’s implied volatility and assuming a normal distribution of prices (bell curve model) and standard deviation of one (with a probability of 68.2%), Total stock could close between $56.70 and $52.30 up until June 28.

Forecasting Total’s Stock Direction This Quarter

Peers’ implied volatility

Since April 1, PetroChina’s (PTR), Equinor’s (EQNR), and ENI’s (E) implied volatility has risen by 4.4, 0.2, and 4.6 percentage points, respectively, to 26.4%, 25.9%, and 23.1%. The stocks have fallen 15.3%, 9.3%, and 10.4%. Meanwhile, the SPDR Dow Jones Industrial Average ETF’s (DIA) and the SPDR S&P 500 ETF’s (SPY) implied volatility has risen 1.4 and 2.3 percentage points, respectively, to 13.9% and 13.7%. Their values have risen 0.7% and 2.3%.

Latest articles

15 Jul

Will Amazon Prime Day 2019 Break 2018's Record?

WRITTEN BY Jitendra Parashar

This year, Amazon extended its Prime Day to 48 hours instead of the 36-hour sale in July 2018, making the 2019 event the longest Prime Day ever.

In a series of tweets on Monday, Trump today weighed in on China’s GDP growth, which came in at a 27-year low.

15 Jul

OrganiGram's Third-Quarter Earnings

WRITTEN BY Adam Jones

On Monday morning, OrganiGram's third-quarter earnings came in as a bit of a let-down. Here's why.

Trump is reportedly planning to increase the content of US-made steel in federal projects, which would be a lifeline for US steel companies.

Huawei is preparing for “extensive layoffs” in the US, which could put the US-China trade deal on the rocks.

With Q2's Netflix earnings just around the corner, here's what you can expect from the online streaming giant and the broader streaming space.