Chevron Probability of Target Price Finishing Over 112.3978

CVX -- USA Stock  

USD 122.02  3.08  2.46%

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 over 112.3978

Current PriceHorizonTarget PriceOdds to stay above $ 112.40  in 30 days
 122.02 30 days 112.40  CLOSE TO 99%
Based on normal probability distribution, the odds of Chevron to stay above $ 112.40  in 30 days from now is close to 99% (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 $ 112.40  and its current price of $122.02 at the end of the 30-day period is about 6.81%.
Considering 30-days investment horizon, Chevron has beta of 0.9146 . This suggests Chevron Corporation market returns are very sensitive to returns on the market. As the market benchmark goes up or down, Chevron is expected to follow. 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 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.07
β
Beta against DOW=0.91
σ
Overall volatility
=2.02
Ir
Information ratio =0.04

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 Equity Valuation module to check real value of public entities based on technical and fundamental data.