Chevron Probability of Target Price Finishing Over 125.0

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Sell-off Trend

Chevron probability of target price tool provides mechanism to make assumptions about upside and downside potential of Chevron Corporation performance during a given time horizon utilizing its historical volatility. Please specify Chevron time horizon, a valid symbol (red box) and a target price (blue box) you would like Chevron odds to be computed. Continue to Chevron Backtesting, Chevron Valuation, Chevron Correlation, Chevron Hype Analysis, Chevron Volatility, Chevron History as well as Chevron Performance.
Horizon     30 Days    Login   to change
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Chevron Target Price Odds to finish over 125.0

Current PriceHorizonTarget PriceOdds to move over $ 125.00  or more in 30 days
 113.10 30 days 125.00 
near 1
Based on normal probability distribution, the odds of Chevron to move over $ 125.00  or more in 30 days from now is near 1 (This Chevron Corporation probability density function shows the probability of Chevron Stock to fall within a particular range of prices over 30 days) . Probability of Chevron price to stay between its current price of $ 113.10  and $ 125.00  at the end of the 30-day period is about 99.0 .
Considering 30-days investment horizon, Chevron has beta of 0.1592 . This suggests as returns on market go up, Chevron average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Chevron Corporation will be expected to be much smaller as well. Additionally The company has a negative alpha implying that the risk taken by holding this equity is not justified. Chevron is significantly underperforming DOW.
 Chevron Price Density 
    
  Price 
α
Alpha over DOW
=0.08
β
Beta against DOW=0.16
σ
Overall volatility
=2.26
Ir
Information ratio =0.14

Chevron Alerts and Suggestions

Chevron generates negative expected return over the last 30 days
About 68.0% of the company shares are held by institutions such as insurance companies
Latest headline from nysenewstimes.com: Notable Stock To Watch Chevron Corporation, - News Times

ChevronPrice Density Drivers

Shares Percent Shares Out1.14%
Trailing Annual Dividend Rate4.69
Short Percent Of Float1.13%
Float Shares1.89B
Shares Short Prior Month20.13M
Average Daily Volume Last 10 Day6.86M
Average Daily Volume In Three Month5.89M
Date Short InterestDecember 31, 2019
Trailing Annual Dividend Yield4.01%