|Current Price||Horizon||Target Price||Odds to stay above $ 112.40 in 30 days|
| 121.13 ||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 $121.13 at the end of the 30-day period is under 95%.
Considering 30-days investment horizon, Chevron has beta of 0.8227 . 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
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