The firm shows Beta (market volatility) of 0.7898 which signifies that as returns on market increase, Chevron returns are expected to increase less than the market. However during bear market, the loss on holding Chevron will be expected to be smaller as well. 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-eight different technical indicators which can help you to evaluate its performance. Chevron
has expected return of -0.2099%. Please be advised to confirm Chevron Potential Upside
, and the relationship
between Jensen Alpha
and Accumulation Distribution
to decide if Chevron
past performance will be repeated at some point in the near future.
Over the last 30 days Chevron Corporation has generated negative risk-adjusted returns adding no value to investors with long positions. Inspite unsteady performance in the last few months, the Stock's basic indicators remain fairly strong which may send shares a bit higher in September 2019. The current disturbance may also be a sign of long term up-swing for the company investors.
|Fifty Two Week Low||100.22|
|Target High Price||151.00|
|Fifty Two Week High||127.60|
|Target Low Price||121.00|
|Trailing Annual Dividend Yield||3.94%|