|Chevron Corporation -- USA Stock|| |
USD 118.64 0.44 0.37%
Chevron has performance score of 9 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.1769 which signifies that as returns on market increase, returns on owning Chevron are expected to decrease at a much smaller rate. During bear market, Chevron is likely to outperform the market.. Although it is extremely important to respect Chevron
historical returns, it is better to be realistic regarding the information on equity current trending patternss. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators
. By analyzing Chevron technical indicators
you can presently evaluate if the expected return of 0.0859% will be sustainable into the future. Chevron
right now shows a risk of 0.6423%. Please confirm Chevron Market Risk Adjusted Performance
as well as the relationship
between Variance and Potential Upside
to decide if Chevron will be following its price patterns
Relative Risk vs. Return Landscape
If you would invest 11,647
in Chevron Corporation on September 21, 2017
and sell it today you would earn a total of 217
from holding Chevron Corporation or generate 1.86%
return on investment over 30
days. Chevron Corporation is generating 0.0859% of daily returns assuming volatility of 0.6423% on return distribution over 30 days investment horizon. In other words, 6% of equities are less volatile than the company and above 99% of equities are expected to generate higher returns over the next 30 days.
Daily Expected Return (%)
Considering 30-days investment horizon, Chevron Corporation is expected to generate 1.87 times less return on investment than the market. In addition to that, the company is 2.6 times more volatile than its market benchmark. It trades about 0.13 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.65 per unit of volatility.
Chevron Daily Price Distribution
The median price of Chevron for the period between Thu, Sep 21, 2017 and Sat, Oct 21, 2017 is 117.99 with a coefficient of variation of 0.83. The daily time series for the period is distributed with a sample standard deviation of 0.98, arithmetic mean of 118.17, and mean deviation of 0.79. The Stock received some media coverage during the period.