Chevron Corp Stock Alpha and Beta Analysis

CVX Stock  USD 155.41  0.14  0.09%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Chevron Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Chevron Corp over a specified time horizon. Remember, high Chevron Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Chevron Corp's market risk premium analysis include:
Beta
0.72
Alpha
0.0492
Risk
1.19
Sharpe Ratio
0.0685
Expected Return
0.0813
Please note that although Chevron Corp alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Chevron Corp did 0.05  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Chevron Corp stock's relative risk over its benchmark. Chevron Corp has a beta of 0.72  . As returns on the market increase, Chevron Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding Chevron Corp will be expected to be smaller as well. Price Book Value Ratio is likely to rise to 2.06 in 2024. Enterprise Value Multiple is likely to rise to 6.61 in 2024.

Chevron Corp Quarterly Cash And Equivalents

5.8 Billion

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Chevron Corp Backtesting, Chevron Corp Valuation, Chevron Corp Correlation, Chevron Corp Hype Analysis, Chevron Corp Volatility, Chevron Corp History and analyze Chevron Corp Performance.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.

Chevron Corp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Chevron Corp market risk premium is the additional return an investor will receive from holding Chevron Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Chevron Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Chevron Corp's performance over market.
α0.05   β0.72

Chevron Corp expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Chevron Corp's Buy-and-hold return. Our buy-and-hold chart shows how Chevron Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Chevron Corp Market Price Analysis

Market price analysis indicators help investors to evaluate how Chevron Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chevron Corp shares will generate the highest return on investment. By understating and applying Chevron Corp stock market price indicators, traders can identify Chevron Corp position entry and exit signals to maximize returns.

Chevron Corp Return and Market Media

The median price of Chevron Corp for the period between Wed, Dec 20, 2023 and Tue, Mar 19, 2024 is 149.37 with a coefficient of variation of 2.8. The daily time series for the period is distributed with a sample standard deviation of 4.17, arithmetic mean of 148.95, and mean deviation of 3.2. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Is Chevron the Best Energy Stock for You
02/26/2024
2
Big oils legacy In Ecuador, Indigenous communities cope with pollution, illness
03/08/2024
 
Chevron Corp dividend paid on 11th of March 2024
03/11/2024
3
Chevron Options Trading A Deep Dive into Market Sentiment
03/12/2024
4
Cerilon and Chevron Enter into Technology Licensing Agreements for the Production of Superior-Quality Group III Base Oils and Ultra-Low Sulphur Diesel at its Ga...
03/13/2024
5
Chevrons Kazakh oil project costs climb by 1.5B - Bloomberg
03/14/2024
6
BP Partners With Venezuela on Trinidad Gas Field
03/15/2024
7
New Clues Strongly Suggest This Is the Confidential Stock Warren Buffett Has Been Buying
03/18/2024

About Chevron Corp Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Chevron or other stocks. Alpha measures the amount that position in Chevron Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 2023 2024 (projected)
Dividend Yield0.04530.03270.04040.0296
Price To Sales Ratio1.451.421.40.9

Chevron Corp Upcoming Company Events

As portrayed in its financial statements, the presentation of Chevron Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Chevron Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Chevron Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Chevron Corp. Please utilize our Beneish M Score to check the likelihood of Chevron Corp's management manipulating its earnings.
26th of April 2024
Upcoming Quarterly Report
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26th of July 2024
Next Financial Report
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31st of March 2024
Next Fiscal Quarter End
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7th of February 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
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31st of December 2023
Last Financial Announcement
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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:

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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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Chevron Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Chevron Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chevron Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...