Conocophillips Stock Price on April 1, 2024
| COP Stock | USD 124.34 1.28 1.02% |
Below is the normalized historical share price chart for ConocoPhillips extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of ConocoPhillips stands at 124.34, as last reported on the 2nd of May, with the highest price reaching 124.34 and the lowest price hitting 124.34 during the day.
If you're considering investing in ConocoPhillips Stock, it is important to understand the factors that can impact its price. We consider ConocoPhillips very steady. ConocoPhillips secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ConocoPhillips, which you can use to evaluate the volatility of the firm. Please confirm ConocoPhillips' Mean Deviation of 0.8921, risk adjusted performance of 0.1011, and Downside Deviation of 1.13 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%.
At this time, ConocoPhillips' Stock Based Compensation is relatively stable compared to the past year. As of 05/02/2024, Stock Based Compensation To Revenue is likely to grow to 0.01, while Total Stockholder Equity is likely to drop slightly above 32.3 B. . At this time, ConocoPhillips' Price To Sales Ratio is relatively stable compared to the past year. As of 05/02/2024, Price Book Value Ratio is likely to grow to 2.97, while Price To Operating Cash Flows Ratio is likely to drop 4.14. ConocoPhillips Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of December 1981 | 200 Day MA 117.7983 | 50 Day MA 122.8418 | Beta 1.275 |
ConocoPhillips |
Sharpe Ratio = 0.167
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| Small Returns | COP | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.15 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average ConocoPhillips is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of ConocoPhillips by adding it to a well-diversified portfolio.
Price Book 3.1179 | Enterprise Value Ebitda 6.4783 | Price Sales 2.6555 | Shares Float 1.2 B | Dividend Share 4.61 |
ConocoPhillips Valuation on April 1, 2024
It is possible to determine the worth of ConocoPhillips on a given historical date. On April 1, 2024 ConocoPhillips was worth 128.0 at the beginning of the trading date compared to the closed value of 128.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of ConocoPhillips stock. Still, in general, we apply an absolute valuation method to find ConocoPhillips' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of ConocoPhillips where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against ConocoPhillips' related companies.
| Open | High | Low | Close | Volume | |
| 128.00 | 128.64 | 126.71 | 127.28 | 4,657,825 | |
04/01/2024 | 128.00 | 128.94 | 126.75 | 128.68 | 3,036,054 |
| 129.52 | 130.84 | 128.63 | 130.67 | 4,968,828 |
| Backtest ConocoPhillips | | | ConocoPhillips History | | | ConocoPhillips Valuation | Previous | Next |
ConocoPhillips Trading Date Momentum on April 1, 2024
| On April 02 2024 ConocoPhillips was traded for 130.67 at the closing time. Highest ConocoPhillips's price during the trading hours was 130.84 and the lowest price during the day was 128.63 . The net volume was 5 M. The overall trading history on the 2nd of April contributed to the next trading period price gain. The overall trading delta to the next next day price was 1.55% . The overall trading delta to current price is 3.00% . |
ConocoPhillips Fundamentals Correlations and Trends
By evaluating ConocoPhillips' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among ConocoPhillips' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. ConocoPhillips financial account trend analysis is a perfect complement when working with valuation or volatility modules.About ConocoPhillips Stock history
ConocoPhillips investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for ConocoPhillips is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in ConocoPhillips will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing ConocoPhillips stock prices may prove useful in developing a viable investing in ConocoPhillips
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 1.1 B | |
| Net Income Applicable To Common Shares | 16.8 B | 17.7 B |
ConocoPhillips Quarterly Net Working Capital |
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ConocoPhillips Stock Technical Analysis
ConocoPhillips technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
ConocoPhillips Period Price Range
Low | April 1, 2024
| High |
128.00 | 128.68 |
ConocoPhillips May 2, 2024 Market Strength
Market strength indicators help investors to evaluate how ConocoPhillips stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading ConocoPhillips shares will generate the highest return on investment. By undertsting and applying ConocoPhillips stock market strength indicators, traders can identify ConocoPhillips entry and exit signals to maximize returns
| Accumulation Distribution | 51566.3 | |||
| Daily Balance Of Power | 0.3105 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 127.85 | |||
| Day Typical Price | 128.12 | |||
| Price Action Indicator | 1.18 | |||
| Period Momentum Indicator | (4.34) | |||
| Relative Strength Index | 60.63 |
ConocoPhillips Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for ConocoPhillips' price direction in advance. Along with the technical and fundamental analysis of ConocoPhillips Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of ConocoPhillips to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1011 | |||
| Jensen Alpha | 0.1385 | |||
| Total Risk Alpha | 0.0768 | |||
| Sortino Ratio | 0.1048 | |||
| Treynor Ratio | 0.2828 |
| Cycle Indicators | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ConocoPhillips. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. To learn how to invest in ConocoPhillips Stock, please use our How to Invest in ConocoPhillips guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for ConocoPhillips Stock analysis
When running ConocoPhillips' price analysis, check to measure ConocoPhillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ConocoPhillips is operating at the current time. Most of ConocoPhillips' value examination focuses on studying past and present price action to predict the probability of ConocoPhillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ConocoPhillips' price. Additionally, you may evaluate how the addition of ConocoPhillips to your portfolios can decrease your overall portfolio volatility.
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| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is ConocoPhillips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ConocoPhillips. If investors know ConocoPhillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ConocoPhillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.03) | Dividend Share 4.61 | Earnings Share 9.06 | Revenue Per Share 48.107 | Quarterly Revenue Growth (0.21) |
The market value of ConocoPhillips is measured differently than its book value, which is the value of ConocoPhillips that is recorded on the company's balance sheet. Investors also form their own opinion of ConocoPhillips' value that differs from its market value or its book value, called intrinsic value, which is ConocoPhillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ConocoPhillips' market value can be influenced by many factors that don't directly affect ConocoPhillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ConocoPhillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if ConocoPhillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ConocoPhillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.