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Magnum Hunter Resources Corporation(MHR) Forecast Chart for Aug 22, 2014*
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August 21, 2014 (RicochetTrader.com)

Forecast chart for Magnum Hunter Resources Corporation ( MHR ) for the next 15 trading days, starting on August 22, 2014

On August 21, 2014 Magnum Hunter Resources Corporation had a closing price of $6.64 with 3,092,721 shares traded. The trading liquidity was $20.54M. The forecast predicted average opening price for trading date August 22, 2014 is $6.65.

Summary Information for Magnum Hunter Resources Corporation ( MHR ).

Summary of the 10th percentile net composite return.
The best expected daily return of 0.3451% occurs on day 13 where there is a 10% chance that MHR will rise to $7.80 (+17.26%) and there is a 10% chance it will fall to $5.81 (-12.68%). There is a 20% that MHR will cross one of these price levels in 13 days, and adding the returns of +17.26% and -12.68% yields a net composite return of 4.58%. A net return of 4.58% in 13 days is an EDR of 0.3451% per day.

Summary of the 20th percentile net composite return.
The best expected daily return of 0.2377% occurs on day 14 where there is a 20% chance that MHR will rise to $7.44 (+11.92%) and there is a 20% chance it will fall to $6.08 (-8.54%). There is a 40% that MHR will cross one of these price levels in 14 days, and adding the returns of +11.92% and -8.54% yields a net composite return of 3.38%. A net return of 3.38% in 14 days is an EDR of 0.2377% per day.

Summary of the 30th percentile net composite return.
The best expected daily return of -0.1515% occurs on day 5 where there is a 30% chance that MHR will rise to $6.91 (+3.96%) and there is a 30% chance it will fall to $6.34 (-4.72%). There is a 60% that MHR will cross one of these price levels in 5 days, and adding the returns of +3.96% and -4.72% yields a net composite return of -0.76%. A net return of -0.76% in 5 days is an EDR of -0.1515% per day.

Summary of the 40th percentile net composite return.
The best expected daily return of 0.0886% occurs on day 10 where there is a 40% chance that MHR will rise to $6.95 (+4.52%) and there is a 40% chance it will fall to $6.41 (-3.63%). There is a 80% that MHR will cross one of these price levels in 10 days, and adding the returns of +4.52% and -3.63% yields a net composite return of 0.89%. A net return of 0.89% in 10 days is an EDR of 0.0886% per day.

* The forecast for Magnum Hunter Resources Corporation (MHR) was made using market data after the close on August 21, 2014 but is generated for the next trading day, or August 22, 2014