Chevron Probability of Target Price Finishing Over 128.9

CVX -- USA Stock  

USD 115.35  1.60  1.37%

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
Symbol:
Refresh Odds

Chevron Target Price Odds to finish over 128.9

Current PriceHorizonTarget PriceOdds to move over $ 128.90  or more in 30 days
 115.35 30 days 128.90  NEAR 1%
Based on normal probability distribution, the odds of Chevron to move over $ 128.90  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 its current price of $ 115.35  and $ 128.90  at the end of the 30-day period is about 49.66%.
Considering 30-days investment horizon, Chevron has beta of 0.8505 . 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 an alpha of 0.0574 implying that it can potentially generate 0.0574% excess return over DOW after adjusting for the inherited market risk (beta).
 Chevron Price Density 
      Price 
α
Alpha over DOW
=0.06
β
Beta against DOW=0.85
σ
Overall volatility
=3.57
Ir
Information ratio =0.038995

Chevron Alerts

Chevron Alerts and Suggestions

About 67.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.finbulletin.com: This may help tick the clock Eastman Chemical Company , Chevron Corporation

Price Density Drivers

Chevron Health Indicators

Shares Percent Shares Out0.93%
Trailing Annual Dividend Rate4.40
Short Percent Of Float0.93%
Float Shares1.92B
Shares Short Prior Month16.66M
Average Daily Volume Last 10 Day6.67M
Average Daily Volume In Three Month5.64M
Date Short InterestOctober 15, 2018
Trailing Annual Dividend Yield3.69%
Check also Chevron Backtesting, Chevron Valuation, Chevron Correlation, Chevron Hype Analysis, Chevron Volatility, Chevron History as well as Chevron Performance. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
Search macroaxis.com