Macroaxis considers Chevron to be not too risky. Chevron secures Sharpe Ratio (or Efficiency) of -0.1391 which signifies that Chevron had -0.1391% of return per unit of standard deviation over the last 1 month. 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 Mean Deviation of 1.01 and Risk Adjusted Performance of 0.01 to double-check risk estimate we provide.
|Time Horizon||30 Days Login to change|
Chevron Technical Analysis
Projected Return Density Against MarketConsidering 30-days investment horizon, Chevron has beta of 0.0 . This suggests unless we do not have required data, the returns on DOW and Chevron are completely uncorrelated. Furthermore, Chevron CorporationIt does not look like Chevron alpha can have any bearing on the equity current valuation.
Predicted Return Density