Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Chevron Corporation is 'Strong Hold'. Macroaxis provides Chevron buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Chevron positions. The advice algorithm takes into account all of Chevron available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Chevron buy-and-hold prospective. Check also Chevron Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Chevron Corporation has a risk adjusted performance of 0.01, jensen alpha of 0.0, total risk alpha of 0.0 and treynor ratio of 0.0Macroaxis provides buy, hold, or sell suggestion on Chevron to complement and cross-verify current analyst consensus on Chevron Corporation. Our buy, hold, or sell recommendation engine determines the organization potential to grow exclusively from the prospective of investors current risk tolerance and investing horizon. To make sure Chevron is not overpriced, please confirm all Chevron fundamentals including its Shares Owned by Institutions, Debt to Equity, Working Capital, as well as the relationship between Gross Profit and Price to Earnings To Growth . Given that Chevron has Price to Earning of 16.66X, we suggest you validate Chevron Corporation market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Chevron Trading Alerts and Improvement Suggestions
About 67.0% of the company shares are held by institutions such as insurance companies
Chevron Corporation has relatively low volatility with skewness of -0.18 and kurtosis of 0.52. However, we advise all investors to independently investigate Chevron Corporation to ensure market all accessible information is consistent with the expectations about its upside potential and future risk-adjusted return.