Chevron Total Risk Alpha

Chevron Corporation -- USA Stock  

USD 115.13  0.27  0.23%

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Chevron Corporation has current Total Risk Alpha of 0.1122. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha 
RFR + (ER[b] - ER[a]) 
STD[a] / STD[b] 
ER[a] =   Expected return on investing in Chevron
ER[b] =   Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Chevron
STD[b] =   Standard Deviation of selected market or benchmark
RFR =   Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Comparison

Chevron Corporation is rated third in total risk alpha category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  40.61  of Maximum Drawdown per Total Risk Alpha. The ratio of Maximum Drawdown to Total Risk Alpha for Chevron Corporation is roughly  40.61 
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF, or fund.
Compare Chevron to competition
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 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