Chevron Stock Alpha and Beta Analysis

CVX
 Stock
  

USD 183.70  5.34  2.99%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Chevron Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Chevron Corp over a specified time horizon. Remember, high Chevron Corp's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Continue to Chevron Corp Backtesting, Chevron Corp Valuation, Chevron Corp Correlation, Chevron Corp Hype Analysis, Chevron Corp Volatility, Chevron Corp History and analyze Chevron Corp Performance.
  
Please note that although Chevron Corp alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Chevron Corp did 0.12  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Chevron Corp stock's relative risk over its benchmark. Chevron Corp has a beta of 0.93  . Let's try to break down what Chevron's beta means in this case. Chevron Corp returns are very sensitive to returns on the market. As the market goes up or down, Chevron Corp is expected to follow.
Chevron Corp Book Value per Share is fairly stable at the moment as compared to the past year. Chevron Corp reported Book Value per Share of 72.14 in 2021. Enterprise Value over EBIT is likely to rise to 12.95 in 2022, whereas Price to Book Value is likely to drop 1.48 in 2022.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Enterprise Value

268.22 Billion

Chevron Corp Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Chevron Corp market risk premium is the additional return an investor will receive from holding Chevron Corp long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Chevron Corp. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Chevron Corp's performance over market.
α0.12   β0.93
90 days against DJI

Chevron Corp expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Chevron Corp's Buy-and-hold return. Our buy-and-hold chart shows how Chevron Corp performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Chevron Corp Market Price Analysis

Market price analysis indicators help investors to evaluate how Chevron Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Chevron Corp shares will generate the highest return on investment. By understating and applying Chevron Corp stock market price indicators, traders can identify Chevron Corp position entry and exit signals to maximize returns.

Chevron Corp Return and Market Media

The median price of Chevron Corp for the period between Wed, Aug 31, 2022 and Tue, Nov 29, 2022 is 162.02 with a coefficient of variation of 8.12. The daily time series for the period is distributed with a sample standard deviation of 13.45, arithmetic mean of 165.63, and mean deviation of 11.8. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
ExxonMobil Versus Chevron A Case for Owning Both - Yahoo Fin...09/22/2022
2
Dow plunges and is back in a bear market - CNN09/29/2022
3
EPS Estimate09/30/2022
4
Discretionary transaction by Marillyn Hewson of 229 shares o...10/04/2022
5
Zacks Market Edge Highlights Energy Select SPDR ETF, ExxonMo...10/20/2022
6
This stock is likely to outperform Tesla, just like Chevron ...10/25/2022
7
EPS Reported10/28/2022
8
Chevron Corp. Shares Approach 52-Week High - Market Mover - ...11/02/2022
9
Exercise or conversion by Patricia Yarrington of 8584 shares...11/15/2022
10
Apple, Chevron, Biogen fall premarket Univar, Pinduoduo rise...11/28/2022

About Chevron Corp Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Chevron or other stocks. Alpha measures the amount that position in Chevron Corp has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2019 2020 (projected)
Long Term Debt to Equity0.160.32
Interest Coverage7.9431.39

Chevron Corp Upcoming Company Events

As portrayed in its financial statements, the presentation of Chevron Corp's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Chevron Corp's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Chevron Corp's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Chevron Corp. Please utilize our Beneish M Score to check the likelihood of Chevron Corp's management manipulating its earnings.
Upcoming Quarterly Report28th of January 2022
Next Financial Report29th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End28th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Continue to Chevron Corp Backtesting, Chevron Corp Valuation, Chevron Corp Correlation, Chevron Corp Hype Analysis, Chevron Corp Volatility, Chevron Corp History and analyze Chevron Corp Performance. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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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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Chevron Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Chevron Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Chevron Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...