Chevron Hype Analysis, Chevron Correlation, Chevron Valuation, Chevron Volatility as well as analyze Chevron Alpha and Beta and Chevron Performance.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
|Horizon||30 Days Login to change|
Chevron 'What if' Analysis
June 22, 20190.00
August 21, 20190.00
If you would invest 0.00 in Chevron on June 22, 2019 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, Equinor ASA, Cenovus Energy, and Chevron. Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwi...
Chevron Upside/Downside Indicators
|Value At Risk||(1.65)|
Chevron Market Premium Indicators
|Risk Adjusted Performance||(0.1)|
|Total Risk Alpha||(0.07)|
Chevron Backtested Returns
Macroaxis considers Chevron to be very steady. Chevron secures Sharpe Ratio (or Efficiency) of -0.1112 which signifies that the organization had -0.1112% 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-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Chevron Risk Adjusted Performance of
(0.1) and Mean Deviation of 0.8022 to double-check risk estimate we provide. The firm shows Beta (market volatility) of 0.7754 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-one different technical indicators which can help you to evaluate its performance. Chevron has expected return of -0.1281%. Please be advised to confirm Chevron Market Risk Adjusted Performance, Variance as well as the relationship between Variance and Potential Upside to decide if Chevron past performance will be repeated at some point in the near future.
|15 days auto-correlation||(0.28)|
|Spearman Rank Test||-0.38|
Chevron lagged returns against current returns
Current and Lagged Values
Chevron regressed lagged prices vs. current prices
Current vs Lagged Prices
Chevron Lagged Returns
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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 Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.