Chevron Stock Buy Hold or Sell Recommendation

CVX
 Stock
  

USD 146.51  1.73  1.19%   

Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Chevron Corp is 'Strong Hold'. Macroaxis provides Chevron Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CVX positions. The advice algorithm takes into account all of Chevron Corp's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from Chevron Corp's buy-and-hold perspective. Continue to Chevron Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Chevron and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Chevron Corp.

Execute Chevron Corp Buy or Sell Advice

The Chevron recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Chevron Corp. Macroaxis does not own or have any residual interests in Chevron Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Chevron Corp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Chevron CorpBuy Chevron Corp
Strong Hold

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds of Distress

LowDetails

Economic Sensitivity

Almost mirrors the marketDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Chevron Corp has a Risk Adjusted Performance of (0.08), Jensen Alpha of 0.0288, Total Risk Alpha of 0.1635 and Treynor Ratio of (0.16)
Macroaxis provides advice on Chevron Corp to complement and cross-verify current analyst consensus on Chevron Corp. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Chevron Corp is not overpriced, please confirm all Chevron Corp fundamentals, including its shares owned by institutions, debt to equity, working capital, as well as the relationship between the gross profit and price to earnings to growth . Given that Chevron Corp has a price to earning of 13.81 X, we suggest you to validate Chevron Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Chevron Corp Trading Alerts and Improvement Suggestions

Chevron Corp generated a negative expected return over the last 90 days
Chevron Corp was previously known as CHEVRON CORP and was traded on New York Stock Exchange under the symbol CHV.
Chevron Corp has a poor financial position based on the latest SEC disclosures
About 72.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.fool.com: The 3 Best Dividend Aristocrat Stocks in the First Half of 2022 Are They Buys Now - The Motley Fool

Chevron Corp current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Chevron analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Chevron analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price179.16
Target Median Price181.00
Target High Price213.00
Recommendation Mean2.40
Number Of Analyst Opinions28
Target Low Price135.00
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Chevron Corp Returns Distribution Density

The distribution of Chevron Corp's historical returns is an attempt to chart the future uncertainty of Chevron Corp's future price movements. The chart of the probability distribution of Chevron Corp stock daily returns describes the distribution of returns around its average expected value. We use Chevron Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Chevron Corp returns is essential to provide solid investment advice for Chevron Corp stock.
Mean Return-0.14Value At Risk-4.6
Potential Upside3.06Standard Deviation2.29
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Chevron Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Chevron Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Chevron Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Chevron Corp backward and forwards among themselves. Chevron Corp's institutional investor refers to the entity that pools money to purchase Chevron Corp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Vanguard Group IncCommon Shares167.8 M27.3 B
Berkshire Hathaway IncCommon Shares159.2 M25.9 B
State Street CorpCommon Shares137.9 M22.5 B
Blackrock IncCommon Shares127.5 M20.8 B
Bank Of America CorpCommon Shares36.6 MB
Geode Capital Management LlcCommon Shares33.1 M5.4 B
Northern Trust CorpCommon Shares24.8 MB
Note, although Chevron Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Chevron Corp Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(8.31 B)(11.4 B)(11.16 B)(5.95 B)(6.26 B)(6.76 B)
Depreciation Amortization and Accretion19.35 B19.42 B29.22 B19.51 B17.93 B20.13 B
Net Cash Flow or Change in Cash and Cash Equivalents(2.47 B)4.54 B(3.57 B)(174 M)58 M62.58 M
Net Cash Flow Business Acquisitions and Disposals(16 M)111 M(1.25 B)(1.05 B)401 M411.55 M
Issuance Purchase of Equity Shares1.12 B(604 M)(2.94 B)(1.53 B)38 M41 M
Issuance Repayment of Debt Securities7.47 B(7.46 B)(4.5 B)(7.85 B)(12.94 B)(13.28 B)
Payment of Dividends and Other Cash Distributions(8.13 B)(8.5 B)(8.96 B)(9.65 B)(10.18 B)(10.98 B)
Net Cash Flow from Financing(14.55 B)(13.7 B)(19.76 B)(3.74 B)(23.11 B)(23.72 B)
Net Cash Flow from Investing(8.32 B)(12.29 B)(11.46 B)(6.96 B)(5.87 B)(6.33 B)
Net Cash Flow Investment Acquisitions and Disposals4 M(1 B)952 M35 M(1,000 K)(1.03 M)
Net Cash Flow from Operations20.34 B30.62 B27.31 B10.58 B29.19 B26.71 B
Effect of Exchange Rate Changes on Cash65 M(91 M)332 M(50 M)(151 M)(154.97 M)

Chevron Corp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Chevron Corp or Energy sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Chevron Corp stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Chevron stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.02884
β
Beta against DOW0.91
σ
Overall volatility
2.35
Ir
Information ratio 0.0203

Chevron Corp Volatility Alert

Chevron Corp exhibits very low volatility with skewness of -0.77 and kurtosis of 0.28. However, we advise investors to further study Chevron Corp technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Chevron Corp's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Chevron Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Chevron Corp Implied Volatility

Chevron Corp's implied volatility exposes the market's sentiment of Chevron Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Chevron Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Chevron Corp stock will not fluctuate a lot when Chevron Corp's options are near their expiration.

Chevron Corp Fundamentals Vs Peers

Comparing Chevron Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Chevron Corp's direct or indirect competition across all of the common fundamentals between Chevron Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Chevron Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Chevron Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Chevron Corp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Chevron Corp to competition
FundamentalsChevron CorpPeer Average
Return On Equity14.69 %(0.31) %
Return On Asset5.51 %(0.14) %
Profit Margin11.60 %(1.27) %
Operating Margin21.78 %(5.51) %
Current Valuation298.36 B16.62 B
Shares Outstanding1.96 B571.82 M
Shares Owned by Insiders0.07 %10.09 %
Shares Owned by Institutions71.64 %39.21 %
Number of Shares Shorted23.39 M4.71 M
Price to Earning13.81 X28.72 X
Price to Book1.98 X9.51 X
Price to Sales1.63 X11.42 X
Revenue176.84 B9.43 B
Gross Profit66.23 B27.38 B
EBITDA38.52 B3.9 B
Net Income20.51 B570.98 M
Cash and Equivalents11.7 B2.7 B
Cash per Share5.96 X5.01 X
Total Debt29.33 B5.32 B
Debt to Equity0.20 %48.70 %
Current Ratio1.43 X2.16 X
Book Value Per Share74.42 X1.93 K
Cash Flow from Operations33.05 B971.22 M
Short Ratio2.09 X4.00 X
Earnings Per Share10.64 X3.12 X
Price to Earnings To Growth0.36 X4.89 X
Number of Employees42.59 K18.84 K
Beta1.08-0.15
Market Capitalization288.79 B19.03 B
Total Asset264.54 B29.47 B
Retained Earnings185.2 B9.33 B
Working Capital8.96 B1.48 B
Current Asset34.43 B9.34 B
   Acquisition by Warner Cynthia J of 1275 shares of Chevron Corp subject to Rule 16b-3 [view details]

Chevron Corp Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Chevron . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution234701.0
Daily Balance Of Power0.3853
Rate Of Daily Change1.01
Day Median Price144.72
Day Typical Price145.31
Market Facilitation Index0.0
Price Action Indicator2.66

About Chevron Corp Buy or Sell Advice

When is the right time to buy or sell Chevron Corp? Buying financial instruments such as Chevron Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Chevron Corp investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables13.32 B11.47 B18.42 B19.46 B
Inventories5.85 B5.68 B6.3 B5.81 B

Use Investing Ideas to Build Portfolios

In addition to having Chevron Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Investor Favorites
Investor Favorites Theme
Macroaxis most traded equities with largest long positions over the last 2 years. The Investor Favorites theme has 21 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Investor Favorites Theme or any other thematic opportunities.
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Continue to Chevron Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Chevron Corp information on this page should be used as a complementary analysis to other Chevron Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Chevron Corp 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 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.
Quarterly Earnings Growth YOY
3.47
Market Capitalization
287.9 B
Quarterly Revenue Growth YOY
0.68
Return On Assets
0.0551
Return On Equity
0.15
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 Chevron Corp value 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.