Chevron Net Income Per Employee vs Average Equity Analysis

CVX -- USA Stock  

USD 122.59  2.51  2.01%

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 Equity accounts. Check also Trending Equities.

Net Income Per Employee vs Average Equity

Accounts Relationship

Net Income Per Employee vs Average Equity

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 Equity

Correlation Coefficient

-0.41
Relationship DirectionNegative 
Relationship StrengthVery Weak

Net Income Per Employee

Average Equity

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

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