Chevron Skewness

Chevron Corporation -- USA Stock  

USD 114.50  0.61  0.54%

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Chevron Corporation has current Skewness of 0.9731. Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average.
3PM =   Third upper moment
STD =   Standard Deviation of Chevron

Skewness Comparison

Chevron Corporation is rated second in skewness category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  4.85  of Maximum Drawdown per Skewness. The ratio of Maximum Drawdown to Skewness for Chevron Corporation is roughly  4.85 
Skewness risk is the risk that a model assumes a normal distribution of instrument returns when in fact the returns is skewed to the left or right of the mean. A positive skew indicates that the tail on the right side is longer than the left side and the bulk of the values lie to the left of the mean. A zero value indicates that the values are relatively evenly distributed on both sides of the mean, typically (but not necessarily) implying a symmetric distribution.
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Chevron Corporation, through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide. Chevron Corporation was founded in 1879 and is headquartered in San Ramon, California. Chevron operates under Major Integrated Oil Gas classification in USA and traded on New York Stock Exchange. It employs 51900 people. more
NameChevron Corporation
Chairman and CEOJohn WatsonView All
Thematic Classifications
Analyst Consensus
Piotroski F Score
Macroaxis Advice
Bond Rating
InstrumentUSA Stock View All
RegionNorth America
ExchangeNew York Stock Exchange
CIK Number00093410.0
CurrencyUSD - US Dollar