Chevron Invested Capital Average vs Net Income Per Employee Analysis

CVX -- USA Stock  

USD 117.47  0.67  0.57%

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 Invested Capital Average and its Net Income Per Employee accounts. Check also Trending Equities.

Invested Capital Average vs Net Income Per Employee

Accounts Relationship

Invested Capital Average vs Net Income Per Employee

Significance: Strong Contrarian Relationship

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

Correlation Coefficient

-0.65
Relationship DirectionNegative 
Relationship StrengthWeak

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital; and derived from Invested Capital. Invested capital is an input into the calculation of Return on Invested Capital; and is calculated as: Total Debt plus Total Assets minus Goodwill and Intangible Assets minus Cash and Equivalents minus Current Liabilities. Please note this calculation method is subject to change.

Net Income Per Employee

Did you try this?

Run Equity Forecasting Now

   

Equity Forecasting

Use basic forecasting models to generate price predictions and determine price momentum
All  Next Launch Equity Forecasting

Build Efficient Portfolios

Align your risk and return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check also Trending Equities. Please also try Cryptocurrency Arbitrage module to find pairs of digital assets on multiple exchanges that are traded at a risk free arbitrage.
Search macroaxis.com