|Chevron Corporation -- USA Stock|| |
USD 120.06 0.07 0.06%
On a scale of 0 to 100 Chevron holds performance score of 25. The firm shows Beta (market volatility) of 0.5858 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.. 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 0.2016% will be sustainable into the future. Please makes use of Chevron Total Risk Alpha
as well as the relationship
between Downside Variance
and Daily Balance Of Power
to make a quick decision on weather Chevron price patterns
Relative Risk vs. Return Landscape
If you would invest 11,519
in Chevron Corporation on September 17, 2017
and sell it today you would earn a total of 494
from holding Chevron Corporation or generate 4.29%
return on investment over 30
days. Chevron Corporation is generating 0.2016% of daily returns assuming volatility of 0.5416% on return distribution over 30 days investment horizon. In other words, 5% of equities are less volatile than the company and above 96% 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 2.31 times more return on investment than the market. However, the company is 2.31 times more volatile than its market benchmark. It trades about 0.37 of its potential returns per unit of risk. The DOW is currently generating roughly 0.56 per unit of risk.
Chevron Daily Price Distribution
The median price of Chevron for the period between Sun, Sep 17, 2017 and Tue, Oct 17, 2017 is 117.58 with a coefficient of variation of 1.12. The daily time series for the period is distributed with a sample standard deviation of 1.31, arithmetic mean of 117.59, and mean deviation of 0.94. The Stock received some media coverage during the period.