With this equity back-testing module your can estimate the performance of a buy and hold strategy of Chevron Corporation and determine expected loss or profit from investing in Chevron over given investment horizon. Check also Chevron Hype Analysis, Chevron Correlation, Chevron Valuation, Chevron Volatility as well as analyze Chevron Alpha and Beta and Chevron Performance.
|Horizon||30 Days Login to change|
Chevron 'What if' Analysis
October 20, 20180.00
December 19, 20180.00
If you would invest 0.00 in Chevron on October 20, 2018 and sell it all today you would earn a total of 0.00 from holding Chevron Corporation or generate 0.0% return on investment in Chevron over 60 days. Chevron is related to or competes with Eni SPA, Adams Resources, BP plc, Ecopetrol, EQT GP, Equinor ASA, and Cenovus Energy. Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwi...
Chevron Upside/Downside Indicators
Chevron Market Premium Indicators
Chevron Backtested Returns
Macroaxis considers Chevron to be not too risky. Chevron secures Sharpe Ratio (or Efficiency) of -0.0856 which signifies that Chevron had -0.0856% of return per unit of standard deviation over the last 2 months. Macroaxis philosophy in foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Chevron Corporation exposes twenty-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Chevron Mean Deviation of 1.29 and Risk Adjusted Performance of
(0.11) to double-check risk estimate we provide. Macroaxis gives Chevron performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.8248 which signifies that as returns on market increase, Chevron returns are expected to increase less than the market. However during bear market, the loss on holding Chevron will be expected to be smaller as well.. Even though it is essential to pay attention to Chevron historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Chevron Corporation exposes twenty-eight different technical indicators which can help you to evaluate its performance. Chevron has expected return of -0.1496%. Please be advised to confirm Chevron Potential Upside, and the relationship between Jensen Alpha and Accumulation Distribution to decide if Chevron past performance will be repeated at some point in the near future.
|15 days auto-correlation||(0.38)|
|Spearman Rank Test||-0.39|
Chevron lagged returns against current returns
Current and Lagged Values
Chevron regressed lagged prices vs. current prices
Current vs Lagged Prices
Chevron Lagged Returns
Analyze and compare many basic indicators for a group of related or unrelated entities
|All Next||Launch Competition Analyzer|
Check also Chevron Hype Analysis, Chevron Correlation, Chevron Valuation, Chevron Volatility as well as analyze Chevron Alpha and Beta and Chevron Performance. Please also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.