Chevron Corp Stock Forecast - Day Median Price
| CVX Stock | USD 162.67 1.58 0.98% |
Chevron Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Chevron Corp stock prices and determine the direction of Chevron Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Chevron Corp's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Chevron Corp's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Chevron Corp's systematic risk associated with finding meaningful patterns of Chevron Corp fundamentals over time.
Check out Historical Fundamental Analysis of Chevron Corp to cross-verify your projections. Chevron |
Open Interest Against 2024-05-24 Chevron Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Chevron Corp's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Chevron Corp's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Chevron Corp stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Chevron Corp's open interest, investors have to compare it to Chevron Corp's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Chevron Corp is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Chevron. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Chevron Corp cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Chevron Corp's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Chevron Corp's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 154.04 | 154.73 |
| Check Chevron Corp Volatility | Backtest Chevron Corp | Trend Details |
Chevron Corp Trading Date Momentum
| On February 22 2024 Chevron Corp was traded for 153.88 at the closing time. Highest Chevron Corp's price during the trading hours was 156.63 and the lowest price during the day was 153.83 . The net volume was 8.9 M. The overall trading history on the 22nd of February contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.01% . The overall trading delta to current price is 0.42% . |
The median price is the midpoint of the trading periods range.
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Other Forecasting Options for Chevron Corp
For every potential investor in Chevron, whether a beginner or expert, Chevron Corp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Chevron Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Chevron. Basic forecasting techniques help filter out the noise by identifying Chevron Corp's price trends.Chevron Corp Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Chevron Corp stock to make a market-neutral strategy. Peer analysis of Chevron Corp could also be used in its relative valuation, which is a method of valuing Chevron Corp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Chevron Corp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Chevron Corp's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Chevron Corp's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Chevron Corp Market Strength Events
Market strength 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 undertsting and applying Chevron Corp stock market strength indicators, traders can identify Chevron Corp entry and exit signals to maximize returns.
Chevron Corp Risk Indicators
The analysis of Chevron Corp's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Chevron Corp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting chevron stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.7104 | |||
| Semi Deviation | 0.8981 | |||
| Standard Deviation | 0.99 | |||
| Variance | 0.9801 | |||
| Downside Variance | 1.11 | |||
| Semi Variance | 0.8067 | |||
| Expected Short fall | (0.76) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Historical Fundamental Analysis of Chevron Corp to cross-verify your projections. For more information on how to buy Chevron Stock please use our How to Invest in Chevron Corp guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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 (0.14) | Dividend Share 6.16 | Earnings Share 10.87 | Revenue Per Share 103.611 | Quarterly Revenue Growth (0.04) |
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 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.