CVX·Chevron Corporation

Realized volatility (21d)

22.2% 56th pct

Below its peak

-2.6%

vs 200-day average

+12.8%

Up days (1y)

53%

Chevron Corporation is currently running 22.2% annualised volatility over the last 21 sessions. Measured against CVX's own 13 years of daily returns rather than a market-wide average, that is the 56th percentile — close to its own typical level, against a typical reading of 20.9%. The distinction matters because a number that looks calm for one stock is turbulent for another, and the absolute figure on its own tells you neither.

CVX is trading -2.6% below its running peak. Across 12 full years on file, its median worst-drawdown-in-a-year was -22.6%, and the deepest was -54.2% in 2020. The current pullback is therefore shallower than what this stock gives back in a typical year, which is context worth having before treating it as a dislocation.

Price sits +12.8% from its 200-day moving average. Against every other day in its history, that gap ranks at the 86th percentile — a wider gap than this stock usually carries. Over the past year CVX closed higher on 53% of sessions, and it is currently 2 sessions into a rising streak.

On October specifically: over 13 years of records, CVX finished the month higher 7 of 13 times, with a median return of +1.8% and an average of +2.0%. Its strongest month historically has been November at +2.5% on average, its weakest May at -1.3%. Seasonality is a weak signal on its own — a decade is a small sample and regimes change — but it is a real distribution rather than a rule of thumb.

Overnight risk is measurable too: CVX has opened more than 2% away from the prior close in 51 of 3,264 sessions (1.6% of the time), with the largest gaps running +8.7% and -9.0%. For anyone holding through an event, that rate is a better guide to overnight exposure than the intraday range.

Across the last 3 dated reports on file, CVX moved an average of 1.8% in the session after earnings, closing higher 1 of those 3 times, with a median move of -1.8% and a largest of -2.7%.

All figures computed from 3,265 daily closes between 2013-10-14 and 2026-10-09, split-adjusted, recomputed daily. Percentiles are against CVX's own 13-year history, not a peer group or index.