Ricochet Trader Logo


External Links

Google Quotes

Google News

Reuters News

Yahoo News

Yahoo Quotes

Magnum Hunter Resources Corporation(MHR) Forecast Chart for Dec 18, 2014*
Top Buys Chart Navigation
Prev Buy Next Buy

December 17, 2014 (RicochetTrader.com)

Forecast chart for Magnum Hunter Resources Corporation ( MHR ) for the next 15 trading days, starting on December 18, 2014

On December 17, 2014 Magnum Hunter Resources Corporation had a closing price of $3.39 with 10,903,416 shares traded. The trading liquidity was $36.96M. The forecast predicted average opening price for trading date December 18, 2014 is $3.42.

Summary Information for Magnum Hunter Resources Corporation ( MHR ).

Summary of the 10th percentile net composite return.
The best expected daily return of 0.5371% occurs on day 3 where there is a 10% chance that MHR will rise to $3.92 (+14.58%) and there is a 10% chance it will fall to $2.98 (-12.96%). There is a 20% that MHR will cross one of these price levels in 3 days, and adding the returns of +14.58% and -12.96% yields a net composite return of 1.62%. A net return of 1.62% in 3 days is an EDR of 0.5371% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of -0.5541% occurs on day 8 where there is a 20% chance that MHR will rise to $3.83 (+12.04%) and there is a 20% chance it will fall to $2.85 (-16.56%). There is a 40% that MHR will cross one of these price levels in 8 days, and adding the returns of +12.04% and -16.56% yields a net composite return of -4.52%. A net return of -4.52% in 8 days is an EDR of -0.5541% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of -0.7510% occurs on day 3 where there is a 30% chance that MHR will rise to $3.61 (+5.62%) and there is a 30% chance it will fall to $3.15 (-7.89%). There is a 60% that MHR will cross one of these price levels in 3 days, and adding the returns of +5.62% and -7.89% yields a net composite return of -2.27%. A net return of -2.27% in 3 days is an EDR of -0.7510% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of -0.9307% occurs on day 2 where there is a 40% chance that MHR will rise to $3.53 (+3.28%) and there is a 40% chance it will fall to $3.24 (-5.15%). There is a 80% that MHR will cross one of these price levels in 2 days, and adding the returns of +3.28% and -5.15% yields a net composite return of -1.87%. A net return of -1.87% in 2 days is an EDR of -0.9307% per day.

* The forecast for Magnum Hunter Resources Corporation (MHR) was made using market data after the close on December 17, 2014 but is generated for the next trading day, or December 18, 2014