Is Chevron Corp Stock a Good Investment?
Chevron Corp Investment Advice | CVX |
- Examine Chevron Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Chevron Corp's leadership team and their track record. Good management can help Chevron Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil, Gas & Consumable Fuels space and any emerging trends that could impact Chevron Corp's business and its evolving consumer preferences.
- Compare Chevron Corp's performance and market position to its competitors. Analyze how Chevron Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Chevron Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Chevron Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Chevron Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Chevron Corp is a good investment.
Sell | Buy |
Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Chevron Corp Stock
Researching Chevron Corp's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 67.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.82. Some equities with similar Price to Book (P/B) outperform the market in the long run. Chevron Corp recorded earning per share (EPS) of 11.37. The entity last dividend was issued on the 15th of February 2024. The firm had 2:1 split on the 13th of September 2004.
To determine if Chevron Corp is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Chevron Corp's research are outlined below:
About 67.0% of the company shares are held by institutions such as insurance companies | |
On 11th of March 2024 Chevron Corp paid $ 1.63 per share dividend to its current shareholders | |
Latest headline from nypost.com: Randy Mastro is more than qualified to be NYCs top lawyer |
Chevron Corp Quarterly Good Will |
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Chevron Corp uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Chevron Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Chevron Corp's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of April 2024 Upcoming Quarterly Report | View | |
26th of July 2024 Next Financial Report | View | |
31st of March 2024 Next Fiscal Quarter End | View | |
7th of February 2025 Next Fiscal Year End | View | |
31st of December 2023 Last Quarter Report | View | |
31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Chevron Corp's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Chevron Corp's investors have experienced.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
1999-04-22 | 1999-03-31 | 0.25 | 0.22 | -0.03 | 12 | ||
2016-04-29 | 2016-03-31 | -0.16 | -0.11 | 0.05 | 31 | ||
1998-07-23 | 1998-06-30 | 0.38 | 0.44 | 0.06 | 15 | ||
1996-04-22 | 1996-03-31 | 0.41 | 0.47 | 0.06 | 14 | ||
1997-04-23 | 1997-03-31 | 0.55 | 0.62 | 0.07 | 12 | ||
2021-01-29 | 2020-12-31 | 0.07 | -0.01 | -0.08 | 114 | ||
2009-05-01 | 2009-03-31 | 0.81 | 0.72 | -0.09 | 11 | ||
2002-04-25 | 2002-03-31 | 0.35 | 0.44 | 0.09 | 25 |
Chevron Corp Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Chevron target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Chevron Corp's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
25 | Strong Buy |
Most Chevron analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Chevron stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Chevron Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationChevron Corp Target Price Projection
Chevron Corp's current and average target prices are 165.28 and 178.17, respectively. The current price of Chevron Corp is the price at which Chevron Corp is currently trading. On the other hand, Chevron Corp's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Chevron Corp Market Quote on 27th of April 2024
Target Price
Analyst Consensus On Chevron Corp Target Price
Chevron Corp Analyst Ratings
Chevron Corp's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Chevron Corp stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Chevron Corp's financials, market performance, and future outlook by experienced professionals. Chevron Corp's historical ratings below, therefore, can serve as a valuable tool for investors.Know Chevron Corp's Top 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.
Shares | Wells Fargo & Co | 2023-12-31 | 18.2 M | Ameriprise Financial Inc | 2023-12-31 | 16.1 M | Franklin Resources Inc | 2023-12-31 | 15.6 M | Capital World Investors | 2023-12-31 | 15.5 M | Bank Of New York Mellon Corp | 2023-12-31 | 15.4 M | Amvescap Plc. | 2023-12-31 | 15.3 M | Goldman Sachs Group Inc | 2023-12-31 | 14.6 M | Legal & General Group Plc | 2023-12-31 | 13.8 M | State Farm Mutual Automobile Ins Co | 2023-12-31 | 13.3 M | Vanguard Group Inc | 2023-12-31 | 161.5 M | Blackrock Inc | 2023-12-31 | 129.7 M |
Chevron Corp's market capitalization trends
The company currently falls under 'Mega-Cap' category with a total capitalization of 301.98 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Chevron Corp's market, we take the total number of its shares issued and multiply it by Chevron Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Chevron Corp's profitablity analysis
Chevron Corp's profitability indicators refer to fundamental financial ratios that showcase Chevron Corp's ability to generate income relative to its revenue or operating costs. If, let's say, Chevron Corp is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Chevron Corp's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Chevron Corp's profitability requires more research than a typical breakdown of Chevron Corp's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.08 | 0.08 | |
Return On Capital Employed | 0.13 | 0.21 | |
Return On Assets | 0.08 | 0.08 | |
Return On Equity | 0.13 | 0.14 |
Determining Chevron Corp's profitability involves analyzing its financial statements and using various financial metrics to determine if Chevron Corp is a good buy. For example, gross profit margin measures Chevron Corp's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Chevron Corp's profitability and make more informed investment decisions.
The data published in Chevron Corp's official financial statements usually reflect Chevron Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Chevron Corp. For example, before you start analyzing numbers published by Chevron accountants, it's critical to develop an understanding of what Chevron Corp's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Chevron Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Chevron Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Chevron Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Chevron Corp. Please utilize our Beneish M Score to check the likelihood of Chevron Corp's management manipulating its earnings.
Evaluate Chevron Corp's management efficiency
Chevron Corp has Return on Asset of 0.0649 % which means that on every $100 spent on assets, it made $0.0649 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1329 %, implying that it generated $0.1329 on every 100 dollars invested. Chevron Corp's management efficiency ratios could be used to measure how well Chevron Corp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Chevron Corp's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to rise to 0.14 in 2024, whereas Return On Tangible Assets are likely to drop 0.08 in 2024. At this time, Chevron Corp's Non Currrent Assets Other are fairly stable compared to the past year. Other Assets is likely to rise to about 274.7 B in 2024, whereas Total Assets are likely to drop slightly above 171.8 B in 2024.Last Reported | Projected for Next Year | ||
Book Value Per Share | 85.94 | 90.23 | |
Net Current Asset Value | 0.00 | 0.00 | |
Tangible Asset Value | 0.00 | 0.00 | |
Tangible Book Value Per Share | 83.93 | 88.13 | |
Enterprise Value Over EBITDA | 6.27 | 6.58 | |
Price Book Value Ratio | 1.74 | 2.06 | |
Enterprise Value Multiple | 6.27 | 6.58 | |
Price Fair Value | 1.74 | 2.06 | |
Enterprise Value | 144.1 B | 151.3 B |
The analysis of Chevron Corp's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Chevron Corp's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Chevron Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield 0.0399 | Forward Dividend Yield 0.0399 | Forward Dividend Rate 6.52 | Beta 1.129 |
Basic technical analysis of Chevron Stock
As of the 27th of April, Chevron Corp shows the mean deviation of 0.7589, and Risk Adjusted Performance of 0.1521. Chevron Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Chevron Corp, which can be compared to its peers. Please confirm Chevron Corp market risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Chevron Corp is priced correctly, providing market reflects its regular price of 165.28 per share. Given that Chevron Corp has jensen alpha of 0.247, we suggest you to validate Chevron Corp's prevailing market performance to make sure the company can sustain itself at a future point.Chevron Corp's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Chevron Corp insiders, such as employees or executives, is commonly permitted as long as it does not rely on Chevron Corp's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Chevron Corp insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Patricia Yarrington over six months ago Sale by Patricia Yarrington of 135000 shares of Chevron Corp | ||
Zygocki Rhonda I over a year ago Exercise or conversion by Zygocki Rhonda I of 5600 shares of Chevron Corp subject to Rule 16b-3 |
Chevron Corp's Outstanding Corporate Bonds
Chevron Corp issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Chevron Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Chevron bonds can be classified according to their maturity, which is the date when Chevron Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
CHEVRON P Corp BondUS166764CA68 | View | |
CHEVRON P NEW Corp BondUS166764BD17 | View | |
CHEVRON P NEW Corp BondUS166764BL33 | View | |
CHEVRON P Corp BondUS166764BW97 | View | |
CHEVRON P Corp BondUS166764BX70 | View | |
CHEVRON P Corp BondUS166764BY53 | View | |
US166764BZ29 Corp BondUS166764BZ29 | View |
Understand Chevron Corp's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Chevron Corp's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
Risk Adjusted Performance | 0.1521 | |||
Market Risk Adjusted Performance | (3.32) | |||
Mean Deviation | 0.7589 | |||
Semi Deviation | 0.7503 | |||
Downside Deviation | 1.05 | |||
Coefficient Of Variation | 421.47 | |||
Standard Deviation | 1.06 | |||
Variance | 1.12 | |||
Information Ratio | 0.153 | |||
Jensen Alpha | 0.247 | |||
Total Risk Alpha | 0.1068 | |||
Sortino Ratio | 0.1542 | |||
Treynor Ratio | (3.33) | |||
Maximum Drawdown | 5.97 | |||
Value At Risk | (1.79) | |||
Potential Upside | 1.99 | |||
Downside Variance | 1.1 | |||
Semi Variance | 0.5629 | |||
Expected Short fall | (0.84) | |||
Skewness | 0.1327 | |||
Kurtosis | 1.47 |
Risk Adjusted Performance | 0.1521 | |||
Market Risk Adjusted Performance | (3.32) | |||
Mean Deviation | 0.7589 | |||
Semi Deviation | 0.7503 | |||
Downside Deviation | 1.05 | |||
Coefficient Of Variation | 421.47 | |||
Standard Deviation | 1.06 | |||
Variance | 1.12 | |||
Information Ratio | 0.153 | |||
Jensen Alpha | 0.247 | |||
Total Risk Alpha | 0.1068 | |||
Sortino Ratio | 0.1542 | |||
Treynor Ratio | (3.33) | |||
Maximum Drawdown | 5.97 | |||
Value At Risk | (1.79) | |||
Potential Upside | 1.99 | |||
Downside Variance | 1.1 | |||
Semi Variance | 0.5629 | |||
Expected Short fall | (0.84) | |||
Skewness | 0.1327 | |||
Kurtosis | 1.47 |
Consider Chevron Corp's intraday indicators
Chevron Corp intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Chevron Corp stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Chevron Corp Corporate Filings
8K | 26th of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
24th of April 2024 Other Reports | ViewVerify | |
23rd of April 2024 Other Reports | ViewVerify | |
17th of April 2024 Other Reports | ViewVerify |
Chevron Stock media impact
Far too much social signal, news, headlines, and media speculation about Chevron Corp that are available to investors today. That information is available publicly through Chevron media outlets and privately through word of mouth or via Chevron internal channels. However, regardless of the origin, that massive amount of Chevron data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Chevron Corp news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Chevron Corp relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Chevron Corp's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Chevron Corp alpha.
Chevron Corp Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Chevron Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Chevron Corp Historical Investor Sentiment
Investor biases related to Chevron Corp's public news can be used to forecast risks associated with an investment in Chevron. The trend in average sentiment can be used to explain how an investor holding Chevron can time the market purely based on public headlines and social activities around Chevron Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Chevron Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Chevron Corp and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Chevron Corp news discussions. The higher the estimate score, the more favorable the investor's outlook on Chevron Corp.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Chevron Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Chevron Corp Corporate Directors
Chevron Corp corporate directors refer to members of a Chevron Corp board of directors. The board of directors generally takes responsibility for the Chevron Corp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Chevron Corp's board members must vote for the resolution. The Chevron Corp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Debra ReedKlages | Independent Director | Profile | |
Enrique Hernandez | Independent Director | Profile | |
John Stumpf | Independent Director | Profile | |
Wanda Austin | Independent Director | Profile |
How to buy Chevron Stock?
To provide specific investment advice or recommendations on Chevron Corp stock, we recommend investors consider the following general factors when evaluating Chevron Corp. This will help you to make an informed decision on whether to include Chevron Corp in one of your diversified portfolios:- Examine Chevron Corp's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Chevron Corp's leadership team and their track record. Good management can help Chevron Corp navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil, Gas & Consumable Fuels space and any emerging trends that could impact Chevron Corp's business and its evolving consumer preferences.
- Compare Chevron Corp's performance and market position to its competitors. Analyze how Chevron Corp is positioned in terms of product offerings, innovation, and market share.
- Check if Chevron Corp pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Chevron Corp's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Chevron Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Chevron Corp is a good investment.
Already Invested in Chevron Corp?
The danger of trading Chevron Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Chevron Corp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Chevron Corp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Chevron Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 real. For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Chevron Stock analysis
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.
Quarterly Earnings Growth (0.64) | Dividend Share 6.04 | Earnings Share 11.37 | Revenue Per Share 104.004 | Quarterly Revenue Growth (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.
In summary, please note that there is a difference between Chevron Corp's value and its price, as these two are different measures arrived at by various 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.