Devon Energy Stock Price on December 27, 2024

DVN Stock  USD 32.03  0.00  0.00%   
Below is the normalized historical share price chart for Devon Energy extending back to July 30, 1985. 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 Devon Energy stands at 32.03, as last reported on the 30th of December, with the highest price reaching 32.03 and the lowest price hitting 30.99 during the day.
IPO Date
17th of March 1992
200 Day MA
44.1559
50 Day MA
36.8866
Beta
2.071
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Devon Stock, it is important to understand the factors that can impact its price. Devon Energy secures Sharpe Ratio (or Efficiency) of -0.22, which denotes the company had a -0.22% return per unit of risk over the last 3 months. Devon Energy exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Devon Energy's Standard Deviation of 1.74, variance of 3.01, and Mean Deviation of 1.41 to check the risk estimate we provide.
  
At this time, Devon Energy's Stock Based Compensation is very stable compared to the past year. As of the 30th of December 2024, Stock Based Compensation To Revenue is likely to grow to 0.01, while Total Stockholder Equity is likely to drop about 9 B. . At this time, Devon Energy's Price To Sales Ratio is very stable compared to the past year. As of the 30th of December 2024, Price Earnings Ratio is likely to grow to 8.11, while Price Book Value Ratio is likely to drop 1.46. Devon Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2222

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Estimated Market Risk

 1.6
  actual daily
14
86% of assets are more volatile

Expected Return

 -0.36
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.22
  actual daily
0
Most of other assets perform better
Based on monthly moving average Devon Energy is not performing at its full potential. However, 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 Devon Energy by adding Devon Energy to a well-diversified portfolio.
Price Book
1.4355
Enterprise Value Ebitda
3.8219
Price Sales
1.4106
Shares Float
651.8 M
Dividend Share
2

Devon Energy Main Headline on 27th of December 2024

Devon Energy Sees Massive Jump in Put Options Trading

Devon Energy Valuation on December 27, 2024

It is possible to determine the worth of Devon Energy on a given historical date. On December 27, 2024 Devon was worth 31.09 at the beginning of the trading date compared to the closed value of 31.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Devon Energy stock. Still, in general, we apply an absolute valuation method to find Devon Energy's 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 Devon Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Devon Energy's related companies.
 Open High Low Close Volume
  31.24    31.30    30.90    31.11    8,871,444  
12/27/2024
  31.09    31.59    30.99    31.20    9,077,223  
  32.02    32.02    30.99    32.02    0.00  
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Open Value
31.09
31.2
Closing Value
35.89
Upside

Devon Energy Trading Date Momentum on December 27, 2024

On December 30 2024 Devon Energy was traded for  32.02  at the closing time. Highest Devon Energy's price during the trading hours was 32.02  and the lowest price during the day was  30.99 . There was no trading activity during the period 0.0. Lack of trading volume on the 30th of December contributed to the next trading period price boost. The overall trading delta to the next next day price was 2.64% . The overall trading delta to current price is 2.64% .

Devon Energy Fundamentals Correlations and Trends

By evaluating Devon Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Devon Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Devon financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Devon Energy Stock history

Devon Energy 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 Devon is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Devon Energy 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 Devon Energy stock prices may prove useful in developing a viable investing in Devon Energy
Last ReportedProjected for Next Year
Common Stock Shares Outstanding642 M339.2 M
Net Income Applicable To Common Shares5.4 B5.7 B

Devon Energy Stock Technical Analysis

Devon Energy 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.
A focus of Devon Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Devon Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Devon Energy Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Devon Energy cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Devon Energy December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Devon Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Devon Energy shares will generate the highest return on investment. By undertsting and applying Devon Energy stock market strength indicators, traders can identify Devon Energy entry and exit signals to maximize returns

Devon Energy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Devon Energy's price direction in advance. Along with the technical and fundamental analysis of Devon Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Devon 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.
When determining whether Devon Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Devon Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Devon Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Devon Energy Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Devon Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
To learn how to invest in Devon Stock, please use our How to Invest in Devon Energy guide.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Oil & Gas Exploration & Production space 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 Devon Energy. If investors know Devon 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 Devon Energy 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
(0.09)
Dividend Share
2
Earnings Share
5.4
Revenue Per Share
23.117
Quarterly Revenue Growth
(0.10)
The market value of Devon Energy is measured differently than its book value, which is the value of Devon that is recorded on the company's balance sheet. Investors also form their own opinion of Devon Energy's value that differs from its market value or its book value, called intrinsic value, which is Devon Energy's 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 Devon Energy's market value can be influenced by many factors that don't directly affect Devon Energy's 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 Devon Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Devon Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Devon Energy's 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.