Chevron Backtesting

Chevron Corporation -- USA Stock  

USD 116.51  0.6  0.52%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Chevron Corporation and determine expected loss or profit from investing in Chevron over given investment horizon. Check also Chevron Hype Analysis, Chevron Correlation, Chevron Valuation, Chevron Volatility as well as analyze Chevron Alpha and Beta and Chevron Performance
Investment Horizon     30 Days    Login   to change
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Backtest

Chevron 'What if' Analysis

October 25, 2017
0.00
No Change 0.00  0.0%
In 31 days
November 24, 2017
0.00
If you would invest  0.00  in Chevron on October 25, 2017 and sell it all today you would earn a total of 0.00 from holding Chevron Corporation or generate 0.0% return on investment in Chevron over 30 days. Chevron is related to or competes with SM Energy, Apache, Anadarko Petroleum, Chesapeake Energy, Cabot Oil, and ConocoPhillips. Chevron Corporation operates in two segments, Upstream and Downstream

Chevron Upside/Downside Indicators

  

Chevron Market Premium Indicators

Chevron lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Chevron regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Chevron Backtested Returns

Macroaxis considers Chevron to be not too risky. Chevron secures Sharpe Ratio (or Efficiency) of -0.0629 which signifies that Chevron had -0.0629% of return per unit of standard deviation over the last 1 month. Macroaxis philosophy in foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Chevron Corporation exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Chevron Mean Deviation of 0.6538 and Risk Adjusted Performance of (0.014655) to double-check risk estimate we provide. Macroaxis gives Chevron performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.7638 which signifies that as returns on market increase, returns on owning Chevron are expected to decrease at a much smaller rate. During bear market, Chevron is likely to outperform the market.. Even though it is essential to pay attention to Chevron historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Chevron Corporation exposes twenty-one different technical indicators which can help you to evaluate its performance. Chevron has expected return of -0.0713%. Please be advised to confirm Chevron Market Risk Adjusted Performance, Variance as well as the relationship between Variance and Potential Upside to decide if Chevron past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.00 

No correlation between past and present

Chevron Corporation has no correlation between past and present. Overlapping area represents the amount of predictability between Chevron time series from October 25, 2017 to November 9, 2017 and November 9, 2017 to November 24, 2017. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Chevron price movement. The serial correlation of 0.0 indicates that just 0.0% of current Chevron price fluctuation can be explain by its past prices.
Average Price 116.51
Lagged Average Price 116.51

Chevron Lagged Returns

 Regressed Prices 
      Timeline 

Chevron Performance vs DOW

The median price of Chevron for the period between Wed, Oct 25, 2017 and Fri, Nov 24, 2017 is 116.45 with a coefficient of variation of 1.14. The daily time series for the period is distributed with a sample standard deviation of 1.33, arithmetic mean of 116.12, and mean deviation of 1.11. The Stock did not receive any noticable media coverage during the period.
November 16, 2017Chevron Dividend Paid
Price Growth (%)  
      Timeline