Chevron Corp (CVX) Daily/Weekly Backtest Results military_tech

Buy indicator: 52 Week Low 26 Week Low 50 day low Rate of Change Super Oversold Mega Dump MegaDump Lite
Williams %R (Weekly) Large Gap Down Super Oversold from 52W/RoC/MD Best Buy Signals [ What are these indicators? | Switch to CVX's monthly backtests ]
Fixed profit target: 5% 6% 7.5% 10% 20% -or- Use trailing stop losses.
Show signal scores help.
Expectancy: 4.97%. Win rate: 80.0%. Sharpe Ratio: -1.437. Maximum drawdown: -51.42% on 23 March 2020.
Mean CAGR: 97.1%. Time in market: 2698 days. Hypothetical return: $1000 would be worth $1442.89 on 06 May 2024.
Key: change_history : profitable trade change_history : breakeven trade (minimal loss after 2 years) change_history : losing trade (not profitable in a 2 year timeframe)

*Transaction costs, taxes and dividends are excluded from these calculations. Past performance may not necessarily be a reliable guide to future performance.

Calculations for Chevron

Expectancy is the percentage profit or loss you would expect to make on the next purchase of this stock with an entry point at the specified signal and profit target as set above. Given a large enough sample size, a positive expectancy indicates the trading strategy is likely to be profitable.

Expectancy calculation for 15 signal(s) occurring before 25 March 2024 for a 7.5% profit target: (80.0% * 8.12%) + (6.67% * 0.42%) - (13.33% * 11.64%) = 4.97%.
Wins: 12 Breakevens: 1 Losses: 2

To even out CAGR calculations, large individual returns from particularly quick trades have been capped at 300%.

The Sharpe Ratio calculation assumes a risk free return rate of 2% per calendar year. Ideally the ratio should be a positive number. A higher positive number indicates the strategy has a more attractive risk adjusted rate of return for this particular buy signal and stock over the chart's timeframe.

Chevron Analysis

Market sector: Energy.

External links: Seeking Alpha Research, Zacks Research.

These links may show useful information about why a stock's price has fallen significantly.

Large Gap Down Backtest Summary (Fixed Profits System)

This table summarises how profitable it would have been to have bought this stock at each large gap down entry signal. Hover over the icons to see more details of the particular trade, including the maximum percentage drawdown and how long it took to reach the desired percentage profit.

Key: disabled_by_default = profit point not achieved. select_check_box = profit point achieved with CAGR above 15%.
select_check_box = profit point achieved with CAGR of between 5% and 15%. select_check_box = profit point achieved but CAGR was less than 5%.

Signal Date and Score	Buy Signal	Price	Performance (mouseover for details)
			5%	6%	7.5%	10%	20%
01 April 2026 LOW	Gap Down	$ 199.70	schedule	schedule	schedule	schedule	schedule
06 January 2026 MEDIUM	Gap Down	$ 160.71	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt
03 April 2025 MEDIUM	Gap Down	$ 158.12	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
31 January 2025 MEDIUM	Gap Down	$ 151.48	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box
01 August 2024 bubble_chart MEDIUM	Gap Down	$ 155.66	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
01 May 2023 bubble_chart HIGH	Gap Down	$ 160.84	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box
15 March 2023 bubble_chart MEDIUM	Gap Down	$ 154.70	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box
09 November 2022 bubble_chart MEDIUM	Gap Down	$ 180.77	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
23 September 2022 bubble_chart MEDIUM	Gap Down	$ 147.26	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_boltelectric_bolt
13 June 2022 bubble_chart MEDIUM	Gap Down	$ 169.47	select_check_box	select_check_box	select_check_box	select_check_box electric_bolt	disabled_by_default
21 April 2022 bubble_chart MEDIUM	Gap Down	$ 168.16	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	select_check_box
15 March 2022 bubble_chart HIGH	Gap Down	$ 158.70	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt	select_check_box
18 August 2021 MEDIUM	Gap Down	$ 97.70	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt
30 July 2020 MEDIUM	Gap Down	$ 87.35	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	select_check_box electric_bolt
24 June 2020 bubble_chart MEDIUM	Gap Down	$ 88.82	select_check_box	select_check_box	select_check_box	select_check_box	select_check_box electric_bolt
09 March 2020 bubble_chart HIGH smart_toy0.997 mode_heatmode_heat	Gap Down	$ 80.33	select_check_box electric_boltelectric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt
12 April 2019 bubble_chart MEDIUM	Gap Down	$ 114.17	select_check_box	disabled_by_default	disabled_by_default	disabled_by_default	disabled_by_default
02 February 2018 bubble_chart MEDIUM	Gap Down	$ 109.41	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box	select_check_box
27 October 2017 MEDIUM	Gap Down	$ 102.64	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box electric_bolt	select_check_box
23 February 2016 LOW	Gap Down	$ 72.88	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_boltelectric_bolt	select_check_box electric_bolt

The data for Chevron Corp (exchange: XNYS symbol: CVX) was last updated 02 Apr 2026 21:32. Data for this stock is available from 01 Dec 2015 - 01 Apr 2026.