Chevron Probability of Target Price Finishing Above 109.04

CVX -- USA Stock  

USD 122.59  2.51  2.01%

Chevron probability of target price tool provides mechanism to make assumptions about upside and downside potential of Chevron Corporation performance during a given time horizon utilizing its historical volatility. Please specify Chevron time horizon, a valid symbol (red box) and a target price (blue box) you would like Chevron odds to be computed. Check also Chevron Backtesting, Chevron Valuation, Chevron Correlation, Chevron Hype Analysis, Chevron Volatility, Chevron History as well as Chevron Performance.
 Time Horizon     30 Days    Login   to change
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Chevron Target Price Odds to finish below 109.04

Current PriceHorizonTarget PriceOdds to drop to $ 109.04  or more in 30 days
 122.59 30 days 109.04  NEAR 1%
Based on normal probability distribution, the odds of Chevron to drop to $ 109.04  or more in 30 days from now is near 1% (This Chevron Corporation probability density function shows the probability of Chevron Stock to fall within a particular range of prices over 30 days) . Probability of Chevron price to stay between $ 109.04  and its current price of $122.59 at the end of the 30-day period is about 11.34%.
Considering 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. Additionally Chevron CorporationIt does not look like Chevron alpha can have any bearing on the equity current valuation.
 Chevron Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.00
β
Beta against DOW=0.00
σ
Overall volatility
=2.02
Ir
Information ratio =0.07

Chevron Alerts

Chevron Alerts and Suggestions
Chevron has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial commitments
About 66.0% of the company shares are held by institutions such as insurance companies
On May 17, 2018 Chevron paid $ 1.12 per share dividend to its current shareholders
Latest headline from MacroaxisInsider: Exercise or conversion by O Reilly David J of 300000 shares of Chevron subject to Rule 16b-3

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Check also Chevron Backtesting, Chevron Valuation, Chevron Correlation, Chevron Hype Analysis, Chevron Volatility, Chevron History as well as Chevron Performance. Please also try Transaction History module to view history of all your transactions and understand their impact on performance.