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DVN Stock Analysis

Data source: Trade-Ideas Alerts | 310 alerts analyzed | Backtest period: 2022-01-04 → 2025-01-21

🏢 Company Profile

Devon Energy Corporation CRUDE PETROLEUM & NATURAL GAS (SIC 1311)
📍 NYSE 📅 IPO: Sep 30, 1988 🔗 www.devonenergy.com
💰 Market Cap: $24.24B 👥 Employees: 2,300
Devon Energy is an oil and gas producer with acreage in several top US shale plays. While roughly two-thirds of its production comes from the Permian Basin, it also holds a meaningful presence in the Anadarko, Eagle Ford, and Bakken basins. At the end of 2024, Devon reported net proved reserves of 2.2 billion barrels of oil equivalent. Net production averaged roughly 848,000 barrels of oil equivalent per day in 2024 at a ratio of 73% oil and natural gas liquids and 27% natural gas.
📊
310
Total Alerts
🎯
51.6%
Win Rate (EOD)
💰
-0.13%
Avg Gain (EOD)
🚀
+1.84%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 41.0%
Avg Gain: -0.16%
Avg Winner: +0.45%
Avg Loser: -0.58%
Best: +2.05%
Worst: -2.16%
Trades: 127/182

15MIN

Win Rate: 47.1%
Avg Gain: -0.17%
Avg Winner: +0.89%
Avg Loser: -1.12%
Best: +4.24%
Worst: -6.51%
Trades: 146/164

30MIN

Win Rate: 51.3%
Avg Gain: -0.10%
Avg Winner: +1.06%
Avg Loser: -1.34%
Best: +4.83%
Worst: -7.32%
Trades: 159/149

60MIN

Win Rate: 49.7%
Avg Gain: -0.14%
Avg Winner: +1.23%
Avg Loser: -1.50%
Best: +5.37%
Worst: -7.46%
Trades: 154/156

EOD (End of Day)

Win Rate: 51.6%
Avg Gain: -0.13%
Avg Winner: +1.70%
Avg Loser: -2.10%
Best: +8.48%
Worst: -11.19%
Trades: 160/149

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +1.84%
Best MFE: +8.97%
Avg Time to MFE: 130 min

On average, DVN alerts reach +1.84% profit potential within 130 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.90%
Worst MAE: -5.39%
Avg Time to MAE: 16 min

Before reaching MFE, expect an average drawdown of 0.90%.

⚖️ Risk/Reward Ratio

2.04:1

Excellent risk/reward - potential gain is 2.04x the typical drawdown.

💡 Trading Insight: Based on 310 alerts, DVN typically reaches +1.84% profit before pulling back. Consider setting profit targets around 1.5% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 310
Gap Up % 36.5%
Avg Gap -0.15%
Best Gap +1.00%

🏭 Sector Comparison: CRUDE PETROLEUM & NATURAL GAS

How DVN compares to 51 other tickers in the same sector.

5-Min Gain
DVN: -0.16% Sector: -0.16% +0.00%
EOD Gain
DVN: -0.13% Sector: +59.69% -59.82%
Avg MFE
DVN: +1.84% Sector: +2.88% -1.05%

📋 Last 20 Alerts

Historical DVN alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2025-01-21 09:26:15 $37.65 -1.22% -2.20% -2.01% -2.60% -2.44% - -0.80% -0.40% LOSS
2025-01-15 09:27:17 $37.81 -0.63% -0.74% -0.26% +0.85% +1.64% +2.43% -1.16% -0.32% LOSS
2025-01-10 09:29:23 $36.09 +1.36% +1.05% +0.97% +0.06% -0.28% +2.19% +0.11% +0.44% WIN
2025-01-06 09:28:54 $34.19 +0.12% +0.57% +1.17% +1.93% -1.29% +1.99% -0.26% -0.06% WIN
2025-01-02 09:26:08 $33.36 -0.22% +0.69% +0.84% +1.48% +0.12% +1.71% -0.63% +0.03% LOSS
2024-12-31 09:28:22 $32.1 -0.03% +0.19% +1.04% +1.37% +1.96% +2.12% -0.65% -0.47% LOSS
2024-12-20 09:27:37 $30.62 -0.15% +0.42% +0.93% +0.47% +0.49% +1.67% -0.75% -0.56% LOSS
2024-11-20 09:29:08 $37.98 +0.55% +1.04% +1.92% +1.05% +0.84% +2.12% -0.13% -0.08% WIN
2024-11-06 09:26:21 $39.73 -2.16% -3.31% -3.25% -0.18% +0.73% +2.04% -3.62% -0.08% LOSS
2024-10-28 09:25:15 $38.09 +0.13% +0.47% +0.61% +1.38% +1.31% +2.07% -0.32% +0.24% WIN
2024-10-04 09:25:52 $42.22 +0.19% -0.14% +0.30% +0.33% +0.47% +0.76% -0.21% +0.43% WIN
2024-09-26 09:29:21 $39.2 -0.48% -0.40% -1.12% -0.80% -3.39% +0.51% -0.26% - LOSS
2024-09-24 09:26:03 $41.75 -0.43% -0.25% -0.79% -0.57% -1.77% +0.31% -0.46% +0.24% LOSS
2024-08-05 09:26:06 $41.62 -0.07% -1.35% -1.49% -0.50% -0.34% +1.30% -1.80% -0.43% LOSS
2024-04-11 09:29:33 $54.6 -0.24% -0.48% -0.60% -1.52% -1.28% +0.60% -0.31% -0.20% LOSS
2024-04-02 09:26:45 $51.26 -0.04% +0.04% +0.60% +0.41% +0.70% +0.76% -0.77% - LOSS
2024-04-01 09:27:07 $51.14 -0.80% -0.98% -1.32% -0.68% -0.37% +0.12% -1.60% -0.43% LOSS
2023-12-26 09:26:00 $46.43 -0.11% -0.36% -0.22% -0.08% +0.50% +1.10% -0.65% -0.37% LOSS
2023-12-18 09:27:00 $45.64 +0.88% +0.37% +0.85% -0.05% -0.88% +1.13% -0.39% -0.15% WIN
2023-12-15 09:28:00 $44.9 -0.13% -0.65% -0.73% -1.25% -0.07% +0.02% -1.40% -0.87% LOSS

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

⚠️ DVN Shows Negative Expectancy

Despite a 51.6% win rate, DVN has -0.13% average expectancy because losses outweigh wins. Use the app to find filters that improve the win size or reduce loss size, making DVN profitable.

🔧 Fix DVN Risk/Reward →

Why Analyze DVN with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for DVN. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, DVN historically offers an average upside of +1.84% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 DVN Momentum Personality

With a baseline win rate of 51.6%, DVN shows negative expectancy despite winning more often - average losses (-2.10%) outweigh average wins (+1.70%). This suggests the need for tighter stops or better entry timing.

⏱️ Optimized Exit Timing

⚠️ Caution Advised: DVN shows negative expectancy across all tested intraday timeframes (Best: EOD (End of Day) at -0.13%). This suggests DVN is prone to fading after the open, making it a potential candidate for short-selling or quick scalps only.