Devon Energy (Brazil) Performance
| D1VN34 Stock | BRL 194.40 1.80 0.92% |
The firm shows a Beta (market volatility) of -0.098, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Devon Energy are expected to decrease at a much lower rate. During the bear market, Devon Energy is likely to outperform the market. At this point, Devon Energy has a negative expected return of -0.22%. Please make sure to confirm Devon Energy's maximum drawdown, skewness, daily balance of power, as well as the relationship between the potential upside and kurtosis , to decide if Devon Energy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Devon Energy has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Stock's basic indicators remain somewhat strong which may send shares a bit higher in January 2025. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
| Dividend Yield | 0.082 | |
| Payout Ratio | 0.486 |
Devon |
Devon Energy Relative Risk vs. Return Landscape
If you would invest 22,515 in Devon Energy on September 22, 2024 and sell it today you would lose (3,075) from holding Devon Energy or give up 13.66% of portfolio value over 90 days. Devon Energy is generating negative expected returns and assumes 1.8338% volatility on return distribution over the 90 days horizon. Simply put, 16% of stocks are less volatile than Devon, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Devon Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Devon Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Devon Energy, and traders can use it to determine the average amount a Devon Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1179
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| Negative Returns | D1VN34 |
Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 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.
Devon Energy Fundamentals Growth
Devon Stock prices reflect investors' perceptions of the future prospects and financial health of Devon Energy, and Devon Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Devon Stock performance.
| Return On Equity | 0.63 | |||
| Return On Asset | 0.23 | |||
| Profit Margin | 0.34 % | |||
| Operating Margin | 0.43 % | |||
| Current Valuation | 244.93 B | |||
| Shares Outstanding | 653.7 M | |||
| Price To Book | 3.69 X | |||
| Price To Sales | 11.38 X | |||
| Revenue | 18.78 B | |||
| EBITDA | 10.38 B | |||
| Cash And Equivalents | 1.35 B | |||
| Cash Per Share | 1.99 X | |||
| Total Debt | 6.79 B | |||
| Debt To Equity | 0.80 % | |||
| Book Value Per Share | 16.62 X | |||
| Cash Flow From Operations | 2.53 B | |||
| Earnings Per Share | 50.64 X | |||
About Devon Energy Performance
By analyzing Devon Energy's fundamental ratios, stakeholders can gain valuable insights into Devon Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Devon Energy has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Devon Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Devon Energy Corporation, an independent energy company, primarily engages in the exploration, development, and production of oil, natural gas, and natural gas liquids in the United States. Devon Energy Corporation was founded in 1971 and is headquartered in Oklahoma City, Oklahoma. DEVON ENERGYDRN operates under Oil Gas EP classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 1400 people.Things to note about Devon Energy performance evaluation
Checking the ongoing alerts about Devon Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Devon Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Devon Energy generated a negative expected return over the last 90 days |
- Analyzing Devon Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Devon Energy's stock is overvalued or undervalued compared to its peers.
- Examining Devon Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Devon Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Devon Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Devon Energy's stock. These opinions can provide insight into Devon Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Devon Stock analysis
When running Devon Energy's price analysis, check to measure Devon Energy's 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 Devon Energy is operating at the current time. Most of Devon Energy's value examination focuses on studying past and present price action to predict the probability of Devon Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Devon Energy's price. Additionally, you may evaluate how the addition of Devon Energy to your portfolios can decrease your overall portfolio volatility.
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