Chevron Average Equity vs Net Income Per Employee Analysis

Chevron financial indicator trend analysis is way more than just evaluating Chevron prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chevron is a good investment. Please check the relationship between Chevron Average Equity and its Net Income Per Employee accounts. Check also Trending Equities.

Average Equity vs Net Income Per Employee

Accounts Relationship

Average Equity vs Net Income Per Employee

Significance: Significant Contrarian Relationship

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Chevron Average Equity account and Net Income Per Employee

Correlation Coefficient

-0.4
Relationship DirectionNegative 
Relationship StrengthVery Weak

Average Equity

Average equity value for the period used in calculation of Return on Average Equity; derived from Shareholders Equity.

Net Income Per Employee

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