Chevron Corp Stock Performance

CVX Stock  USD 152.81  0.80  0.53%   
Chevron Corp has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Chevron Corp returns are expected to increase less than the market. However, during the bear market, the loss on holding Chevron Corp will be expected to be smaller as well. Although it is important to respect Chevron Corp historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. Chevron Corp right now shows a risk of 1.07%. Please confirm Chevron Corp potential upside, and the relationship between the jensen alpha and accumulation distribution to decide if Chevron Corp will be following its price patterns.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Chevron Corp are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly uncertain basic indicators, Chevron Corp may actually be approaching a critical reversion point that can send shares even higher in April 2024. ...more
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Chevron Corp dividend paid on 11th of December 2023
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Where Will Chevron Stock Be in 1 Year
RGGI rumble
Chevron Co. Position Trimmed by Syntax Advisors LLC
Oilfield workforce keeps expanding
Is Chevron the Best Energy Stock for You
UPDATE 1-Hess says pre-emption provision does not apply to buyout deal with Chevron
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Begin Period Cash Flow18.3 B

Chevron Corp Relative Risk vs. Return Landscape

If you would invest  14,331  in Chevron Corp on December 3, 2023 and sell it today you would earn a total of  950.00  from holding Chevron Corp or generate 6.63% return on investment over 90 days. Chevron Corp is generating 0.1108% of daily returns assuming volatility of 1.0651% on return distribution over 90 days investment horizon. In other words, 9% of stocks are less volatile than Chevron, and above 98% of all equities are expected to generate higher returns over the next 90 days.
  Expected Return   
Considering the 90-day investment horizon Chevron Corp is expected to generate 1.32 times less return on investment than the market. In addition to that, the company is 1.66 times more volatile than its market benchmark. It trades about 0.1 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.23 per unit of volatility.

Chevron Corp Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Chevron Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Chevron Corp, and traders can use it to determine the average amount a Chevron Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1041

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Estimated Market Risk

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91% of assets are more volatile

Expected Return

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98% of assets have higher returns

Risk-Adjusted Return

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92% of assets perform better
Based on monthly moving average Chevron Corp is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Chevron Corp by adding it to a well-diversified portfolio.

Chevron Corp Fundamentals Growth

Chevron Stock prices reflect investors' perceptions of the future prospects and financial health of Chevron Corp, and Chevron Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Chevron Stock performance.

About Chevron Corp Performance

To evaluate Chevron Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Chevron Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Chevron Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Chevron Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Chevron's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Effect of Exchange Rate Changes on Cash-218.5 M-224.2 M
Return on Investment 32.70  26.12 
Return on Average Assets 0.16  0.17 
Return on Average Equity 0.26  0.28 
Return on Invested Capital 0.25  0.27 
Return on Sales 0.23  0.25 

Things to note about Chevron Corp performance evaluation

Checking the ongoing alerts about Chevron Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Chevron Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Chevron Corp has a poor financial position based on the latest SEC disclosures
About 67.0% of the company shares are held by institutions such as insurance companies
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Evaluating Chevron Corp's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Chevron Corp's stock performance include:
  • Analyzing Chevron Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Chevron Corp's stock is overvalued or undervalued compared to its peers.
  • Examining Chevron Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Chevron Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Chevron Corp's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Chevron Corp's stock. These opinions can provide insight into Chevron Corp's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Chevron Corp's stock performance is not an exact science, and many factors can impact Chevron Corp's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Chevron Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Chevron Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Chevron Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Chevron Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chevron Corp. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.

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When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.
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Is Chevron Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chevron Corp. If investors know Chevron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chevron Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
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The market value of Chevron Corp is measured differently than its book value, which is the value of Chevron that is recorded on the company's balance sheet. Investors also form their own opinion of Chevron Corp's value that differs from its market value or its book value, called intrinsic value, which is Chevron Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chevron Corp's market value can be influenced by many factors that don't directly affect Chevron Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chevron Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chevron Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chevron Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.