Chevron Cdr Stock Current Valuation
| CHEV Stock | 21.73 0.11 0.51% |
Valuation analysis of CHEVRON CDR helps investors to measure CHEVRON CDR's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Fundamental drivers impacting CHEVRON CDR's valuation include:
Price Book 1.8155 | Enterprise Value 434.3 B | Enterprise Value Ebitda 7.4688 | Price Sales 1.5077 | Forward PE 13.1406 |
Fairly Valued
Today
Please note that CHEVRON CDR's price fluctuation is very steady at this time. Calculation of the real value of CHEVRON CDR is based on 3 months time horizon. Increasing CHEVRON CDR's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
The fair value of the CHEVRON stock is determined by what a typical buyer is willing to pay for full or partial control of CHEVRON CDR. Since CHEVRON CDR is currently traded on the exchange, buyers and sellers on that exchange determine the market value of CHEVRON Stock. However, CHEVRON CDR's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 21.73 | Real 20.88 | Hype 21.73 | Naive 21.6 |
The real value of CHEVRON Stock, also known as its intrinsic value, is the underlying worth of CHEVRON CDR Company, which is reflected in its stock price. It is based on CHEVRON CDR's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of CHEVRON CDR's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of CHEVRON CDR helps investors to forecast how CHEVRON stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of CHEVRON CDR more accurately as focusing exclusively on CHEVRON CDR's fundamentals will not take into account other important factors: CHEVRON CDR Company Current Valuation Analysis
CHEVRON CDR's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current CHEVRON CDR Current Valuation | 434.27 B |
Most of CHEVRON CDR's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, CHEVRON CDR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, CHEVRON CDR has a Current Valuation of 434.27 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and 96.64% higher than that of the Energy industry. The current valuation for all Canada stocks is significantly lower than that of the firm.
CHEVRON Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses CHEVRON CDR's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of CHEVRON CDR could also be used in its relative valuation, which is a method of valuing CHEVRON CDR by comparing valuation metrics of similar companies.CHEVRON CDR is currently under evaluation in current valuation category among its peers.
CHEVRON Fundamentals
| Current Valuation | 434.27 B | ||||
| Price To Book | 1.82 X | ||||
| Price To Sales | 1.51 X | ||||
| Gross Profit | 98.89 B | ||||
| Price To Earnings To Growth | 3.36 X | ||||
| Number Of Employees | 43.85 K | ||||
| Market Capitalization | 402.7 B | ||||
| Annual Yield | 0.01 % | ||||
| Last Dividend Paid | 6.4 |
About CHEVRON CDR Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze CHEVRON CDR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CHEVRON CDR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CHEVRON CDR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with CHEVRON CDR
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CHEVRON CDR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CHEVRON CDR will appreciate offsetting losses from the drop in the long position's value.Moving together with CHEVRON Stock
The ability to find closely correlated positions to CHEVRON CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CHEVRON CDR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CHEVRON CDR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CHEVRON CDR to buy it.
The correlation of CHEVRON CDR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CHEVRON CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CHEVRON CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CHEVRON CDR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in CHEVRON Stock
CHEVRON CDR financial ratios help investors to determine whether CHEVRON Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CHEVRON with respect to the benefits of owning CHEVRON CDR security.