Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Chevron Corporation is 'Strong Hold'
For the selected time horizon Chevron Corporation has a risk adjusted performance of (0.10)
, jensen alpha of (0.43)
, total risk alpha of (0.48)
, sortino ratio of 0.0 and treynor ratio of (0.15)
Macroaxis 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 Number of Shares Shorted
of 34.77 M, 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.
Returns Distribution Density
|Mean Return||-0.28||Value At Risk||-1.7313|
|Potential Upside||1.185||Standard Deviation||1.0234|
Chevron Volatility Alert
Chevron Corporation exhibits ver low volatility with skewness of -0.26 and kurtosis of -0.77. However, we advise investors to further study Chevron Corporation technical indicators to make sure all market info is available and is reliable.