CHEVRON Financial Statements From 2010 to 2025
| CHEV Stock | 21.77 0.41 1.92% |
Gross Profit 98.9 B | Market Capitalization 407.1 B | Enterprise Value Revenue 1.5366 |
Check CHEVRON CDR financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among CHEVRON CDR's main balance sheet or income statement drivers, such as , as well as many indicators such as . CHEVRON financial statements analysis is a perfect complement when working with CHEVRON CDR Valuation or Volatility modules.
CHEVRON |
CHEVRON CDR Company Gross Profit Analysis
CHEVRON CDR's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Current CHEVRON CDR Gross Profit | 98.89 B |
Most of CHEVRON CDR's fundamental indicators, such as Gross Profit, 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.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
| Competition |
According to the company disclosure, CHEVRON CDR reported 98.89 B of gross profit. This is 17.03% lower than that of the Oil, Gas & Consumable Fuels sector and 92.71% lower than that of the Energy industry. The gross profit for all Canada stocks is significantly lower than that of the firm.
CHEVRON CDR Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining CHEVRON CDR's current stock value. Our valuation model uses many indicators to compare CHEVRON CDR value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across CHEVRON CDR competition to find correlations between indicators driving CHEVRON CDR's intrinsic value. More Info.CHEVRON CDR is the top company in current valuation category among its peers. It also is number one stock in price to book category among its peers . The ratio of Current Valuation to Price To Book for CHEVRON CDR is about 246,263,572,723 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the CHEVRON CDR's earnings, one of the primary drivers of an investment's value.About CHEVRON CDR Financial Statements
CHEVRON CDR stakeholders use historical fundamental indicators, such as CHEVRON CDR's revenue or net income, to determine how well the company is positioned to perform in the future. Although CHEVRON CDR investors may analyze each financial statement separately, they are all interrelated. For example, changes in CHEVRON CDR's assets and liabilities are reflected in the revenues and expenses on CHEVRON CDR's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in CHEVRON CDR. Please read more on our technical analysis and fundamental analysis pages.
CHEVRON CDR is entity of Canada. It is traded as Stock on NEO exchange.
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 against CHEVRON Stock
| 0.41 | EBM | Eastwood Bio Medical | PairCorr |
| 0.41 | DFR | Diamond Fields Resources | PairCorr |
| 0.4 | GSTM | Goldstorm Metals Corp | PairCorr |
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.