Chevron Probability of Target Price Finishing Over 112.3978

CVX -- USA Stock  

USD 111.80  3.69  3.20%

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.
Horizon     30 Days    Login   to change
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Chevron Target Price Odds to finish over 112.3978

Current PriceHorizonTarget PriceOdds to move over $ 112.40  or more in 30 days
 111.80 30 days 112.40  ABOUT 87.9%
Based on normal probability distribution, the odds of Chevron to move over $ 112.40  or more in 30 days from now is about 87.9% (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 its current price of $ 111.80  and $ 112.40  at the end of the 30-day period is roughly 2.85%.
Considering 30-days investment horizon, Chevron has beta of 0.8428 . This suggests as returns on market go up, Chevron average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Chevron Corporation will be expected to be much smaller as well. Additionally Chevron Corporation has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Chevron Price Density 
      Price 
α
Alpha over DOW
=0.01
β
Beta against DOW=0.84
σ
Overall volatility
=3.86
Ir
Information ratio =0.009548

Chevron Alerts

Chevron Alerts and Suggestions

Chevron generates negative expected return over the last 30 days
About 67.0% of the company shares are held by institutions such as insurance companies

Price Density Drivers

Chevron Health Indicators

Shares Percent Shares Out0.92%
Trailing Annual Dividend Rate4.44
Short Percent Of Float0.92%
Float Shares1.91B
Shares Short Prior Month17.62M
Average Daily Volume Last 10 Day6.72M
Average Daily Volume In Three Month6.65M
Date Short InterestOctober 31, 2018
Trailing Annual Dividend Yield3.79%
Check also Chevron Backtesting, Chevron Valuation, Chevron Correlation, Chevron Hype Analysis, Chevron Volatility, Chevron History as well as Chevron Performance. Please also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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