Chevron Net Income Per Employee vs Average Assets Analysis

CVX -- USA Stock  

USD 121.53  0.38  0.31%

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

Net Income Per Employee vs Average Assets

Accounts Relationship

Net Income Per Employee vs Average Assets

Significance: Significant Contrarian Relationship

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

Correlation Coefficient

-0.44
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income Per Employee

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets

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Check also Trending Equities. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.