Chevron Corp Stock Buy Hold or Sell Recommendation

CVX Stock  USD 155.41  0.14  0.09%   
Considering the 90-day investment horizon and your way above-average risk tolerance, our recommendation regarding Chevron Corp is 'Hold'. Macroaxis provides Chevron Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CVX positions. The advice algorithm takes into account all of Chevron Corp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Osisko Gold Ro's buy or sell advice are summarized below:
Real Value
154.42
Target Price
178.17
Hype Value
155.66
Market Value
155.41
Naive Value
161.01
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Chevron Corp given historical horizon and risk tolerance towards Chevron Corp. When Macroaxis issues a 'buy' or 'sell' recommendation for Chevron Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Chevron Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.
In addition, we conduct extensive research on individual companies such as Chevron and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Chevron Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Execute Chevron Corp Buy or Sell Advice

The Chevron recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Chevron Corp. Macroaxis does not own or have any residual interests in Chevron Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Chevron Corp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Chevron CorpBuy Chevron Corp
Hold

Market Performance

InsignificantDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Chevron Corp has a Risk Adjusted Performance of 0.0742, Jensen Alpha of 0.0319, Total Risk Alpha of (0.13), Sortino Ratio of (0) and Treynor Ratio of 0.1759
Macroaxis provides advice on Chevron Corp to complement and cross-verify current analyst consensus on Chevron Corp. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Chevron Corp is not overpriced, please confirm all Chevron Corp fundamentals, including its debt to equity, retained earnings, and the relationship between the gross profit and price to earnings to growth . Given that Chevron Corp has a price to book of 1.79 X, we suggest you to validate Chevron Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Chevron Corp Trading Alerts and Improvement Suggestions

Chevron Corp has a poor financial position based on the latest SEC disclosures
About 67.0% of the company shares are held by institutions such as insurance companies
On 11th of March 2024 Chevron Corp paid $ 1.63 per share dividend to its current shareholders
Latest headline from seekingalpha.com: Short interest on energy stocks up in February COP remains least shorted

Chevron Corp Returns Distribution Density

The distribution of Chevron Corp's historical returns is an attempt to chart the uncertainty of Chevron Corp's future price movements. The chart of the probability distribution of Chevron Corp stock daily returns describes the distribution of returns around its average expected value. We use Chevron Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Chevron Corp returns is essential to provide solid investment advice for Chevron Corp.
Mean Return
0.14
Value At Risk
-1.96
Potential Upside
2.52
Standard Deviation
1.26
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Chevron Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Chevron Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Chevron Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Chevron Corp backward and forwards among themselves. Chevron Corp's institutional investor refers to the entity that pools money to purchase Chevron Corp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Wells Fargo & Co2023-09-30
17.8 M
Bank Of New York Mellon Corp2023-09-30
16.2 M
Franklin Resources Inc2023-12-31
15.6 M
Capital World Investors2023-12-31
15.5 M
Ameriprise Financial Inc2023-09-30
14.8 M
Amundi2023-09-30
14.5 M
Amvescap Plc.2023-09-30
13.5 M
State Farm Mutual Automobile Ins Co2023-12-31
13.3 M
Dimensional Fund Advisors, Inc.2023-12-31
13.3 M
Vanguard Group Inc2023-09-30
161.9 M
Blackrock Inc2023-09-30
125.1 M
Note, although Chevron Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Chevron Corp Cash Flow Accounts

201920202021202220232024 (projected)
Change To Inventory7M284M(530M)(930M)(320M)(304M)
Change In Cash(3.6B)(174M)58M12.3B(9.8B)(9.4B)
Free Cash Flow13.2B1.7B21.1B37.6B19.8B20.8B
Other Non Cash Items(500M)(700M)200M(12.4B)(250.3M)(237.8M)
Dividends Paid9B9.7B10.2B11B11.3B5.8B
Capital Expenditures14.1B8.9B8.1B12B15.8B14.9B
Net Income2.8B(5.6B)15.7B35.6B21.4B11.9B
End Period Cash Flow5.7B6.7B6.8B19.1B9.3B8.1B
Depreciation29.2B19.5B17.9B16.3B17.3B14.4B
Investments(1.2B)(1.4B)(5.9B)(12.1B)(15.2B)(14.5B)
Change Receivables502M296M21M153M176.0M184.7M
Change To Netincome(6.8B)(2.8B)(2.9B)(4.9B)(4.4B)(4.6B)

Chevron Corp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Chevron Corp or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Chevron Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Chevron stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.03
β
Beta against NYSE Composite0.72
σ
Overall volatility
1.17
Ir
Information ratio -0.0035

Chevron Corp Volatility Alert

Chevron Corp has relatively low volatility with skewness of 0.39 and kurtosis of 1.01. However, we advise all investors to independently investigate Chevron Corp to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Chevron Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Chevron Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Chevron Corp Implied Volatility

Chevron Corp's implied volatility exposes the market's sentiment of Chevron Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Chevron Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Chevron Corp stock will not fluctuate a lot when Chevron Corp's options are near their expiration.

Chevron Corp Fundamentals Vs Peers

Comparing Chevron Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Chevron Corp's direct or indirect competition across all of the common fundamentals between Chevron Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Chevron Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Chevron Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Chevron Corp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Chevron Corp to competition
FundamentalsChevron CorpPeer Average
Return On Equity0.13-0.31
Return On Asset0.0649-0.14
Profit Margin0.11 %(1.27) %
Operating Margin0.11 %(5.51) %
Current Valuation301.51 B16.62 B
Shares Outstanding1.86 B571.82 M
Shares Owned By Insiders6.82 %10.09 %
Shares Owned By Institutions66.59 %39.21 %
Number Of Shares Shorted51.74 M4.71 M
Price To Earning10.45 X28.72 X
Price To Book1.79 X9.51 X
Price To Sales1.48 X11.42 X
Revenue200.95 B9.43 B
Gross Profit98.89 B27.38 B
EBITDA47.38 B3.9 B
Net Income21.41 B570.98 M
Cash And Equivalents17.68 B2.7 B
Cash Per Share7.98 X5.01 X
Total Debt26.07 B5.32 B
Debt To Equity0.15 %48.70 %
Current Ratio1.40 X2.16 X
Book Value Per Share86.27 X1.93 K
Cash Flow From Operations35.6 B971.22 M
Short Ratio6.13 X4.00 X
Earnings Per Share11.36 X3.12 X
Price To Earnings To Growth2.58 X4.89 X
Target Price177.11
Number Of Employees45.6 K18.84 K
Beta1.12-0.15
Market Capitalization288.9 B19.03 B
Total Asset261.63 B29.47 B
Retained Earnings200.03 B9.33 B
Working Capital8.87 B1.48 B
Note: Sale by Patricia Yarrington of 135000 shares of Chevron Corp [view details]

Chevron Corp Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Chevron . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Chevron Corp Buy or Sell Advice

When is the right time to buy or sell Chevron Corp? Buying financial instruments such as Chevron Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total31.4B23.3B26.1B20.5B
Total Assets239.5B257.7B261.6B171.8B

Use Investing Ideas to Build Portfolios

In addition to having Chevron Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Long/short ETFs theme has 21 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Long/short ETFs Theme or any other thematic opportunities.
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When determining whether Chevron Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chevron Corp'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 Chevron Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chevron Corp Stock:
Check out Chevron Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Chevron Corp's price analysis, check to measure Chevron Corp'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 Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.
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Is Chevron Corp's industry 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 Chevron Corp. If investors know Chevron 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 Chevron Corp 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
(0.64)
Dividend Share
6.04
Earnings Share
11.36
Revenue Per Share
104.004
Quarterly Revenue Growth
(0.15)
The market value of Chevron Corp is measured differently than its book value, which is the value of Chevron that is recorded on the company's balance sheet. Investors also form their own opinion of Chevron Corp's value that differs from its market value or its book value, called intrinsic value, which is Chevron Corp'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 Chevron Corp's market value can be influenced by many factors that don't directly affect Chevron Corp'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 Chevron Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chevron Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chevron Corp'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.