|Chevron Corporation -- USA Stock|| |
USD 113.43 1.97 1.71%
Chevron has performance score of 9 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.232 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 patterns. 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 0.181% will be sustainable into the future. Chevron
right now shows a risk of 1.2778%. Please confirm Chevron Potential Upside
, and the relationship
between Jensen Alpha
and Accumulation Distribution
to decide if Chevron will be following its price patterns
Chevron Relative Risk vs. Return Landscape
If you would invest 11,098
in Chevron Corporation on February 17, 2018
and sell it today you would earn a total of 391.00
from holding Chevron Corporation or generate 3.52%
return on investment over 30
days. Chevron Corporation is generating 0.181% of daily returns assuming volatility of 1.2778% on return distribution over 30 days investment horizon. In other words, 11% of equities are less volatile than the company and above 97% 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 1.37 times more return on investment than the market. However, the company is 1.37 times more volatile than its market benchmark. It trades about 0.14 of its potential returns per unit of risk. The DOW is currently generating roughly 0.0 per unit of risk.
Based on recorded statements Chevron Corporation has Operating Margin of 17.15%. This is 171.07% lower than that of the Basic Materials sector, and significantly higher than that of Oil And Gas
industry, The Operating Margin for all stocks is 257.2% lower than the firm.
A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.
Chevron Daily Price Distribution
The median price of Chevron for the period between Sat, Feb 17, 2018 and Mon, Mar 19, 2018 is 113.61 with a coefficient of variation of 1.89. The daily time series for the period is distributed with a sample standard deviation of 2.14, arithmetic mean of 113.42, and mean deviation of 1.66. The Stock received some media coverage during the period.