Cenovus Energy Stock Performance
| CVE Stock | USD 15.84 0.35 2.16% |
The firm shows a Beta (market volatility) of 0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cenovus Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cenovus Energy is expected to be smaller as well. At this point, Cenovus Energy has a negative expected return of -0.23%. Please make sure to confirm Cenovus Energy's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Cenovus Energy performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Cenovus Energy has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of conflicting performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in December 2024. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more
Actual Historical Performance (%)
One Day Return (1.42) | Five Day Return (0.50) | Year To Date Return (3.74) | Ten Year Return (35.33) | All Time Return (36.16) |
Forward Dividend Yield 0.032 | Payout Ratio 0.2503 | Forward Dividend Rate 0.52 | Dividend Date 2024-12-31 | Ex Dividend Date 2024-12-13 |
1 | Cenovus Energy Inc. One of the Best Affordable Stocks Under 40 According to Short Sellers | 08/30/2024 |
| Cenovus Energy dividend paid on 27th of September 2024 | 09/27/2024 |
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4 | Cenovus Energy declares CAD 0.18 dividend | 10/31/2024 |
5 | Q3 2024 Cenovus Energy Inc Earnings Call Transcript | 11/01/2024 |
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8 | Palo Alto Networks customers grapple with another actively exploited zero-day | 11/19/2024 |
9 | Cenovus Energy Powering Growth and Innovation Under 25 | 11/21/2024 |
10 | Do Options Traders Know Something About Cenovus Energy Stock We Dont | 11/22/2024 |
| Begin Period Cash Flow | 4.5 B |
Cenovus |
Cenovus Energy Relative Risk vs. Return Landscape
If you would invest 1,856 in Cenovus Energy on August 28, 2024 and sell it today you would lose (272.00) from holding Cenovus Energy or give up 14.66% of portfolio value over 90 days. Cenovus Energy is generating negative expected returns assuming volatility of 1.8249% on return distribution over 90 days investment horizon. In other words, 16% of stocks are less volatile than Cenovus, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Cenovus Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cenovus Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cenovus Energy, and traders can use it to determine the average amount a Cenovus Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1286
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CVE |
Estimated Market Risk
| 1.82 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.23 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Cenovus Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cenovus Energy by adding Cenovus Energy to a well-diversified portfolio.
Cenovus Energy Fundamentals Growth
Cenovus Stock prices reflect investors' perceptions of the future prospects and financial health of Cenovus Energy, and Cenovus Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cenovus Stock performance.
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0576 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 34.81 B | ||||
| Shares Outstanding | 1.83 B | ||||
| Price To Earning | 14.01 X | ||||
| Price To Book | 1.42 X | ||||
| Price To Sales | 0.53 X | ||||
| Revenue | 52.2 B | ||||
| Gross Profit | 16 B | ||||
| EBITDA | 10.39 B | ||||
| Net Income | 4.11 B | ||||
| Cash And Equivalents | 3.69 B | ||||
| Cash Per Share | 1.91 X | ||||
| Total Debt | 9.95 B | ||||
| Debt To Equity | 0.54 % | ||||
| Current Ratio | 1.73 X | ||||
| Book Value Per Share | 15.89 X | ||||
| Cash Flow From Operations | 7.39 B | ||||
| Earnings Per Share | 1.42 X | ||||
| Market Capitalization | 29.57 B | ||||
| Total Asset | 53.91 B | ||||
| Retained Earnings | 8.91 B | ||||
| Working Capital | 3.5 B | ||||
| Current Asset | 6.47 B | ||||
| Current Liabilities | 1.86 B | ||||
About Cenovus Energy Performance
By analyzing Cenovus Energy's fundamental ratios, stakeholders can gain valuable insights into Cenovus Energy's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cenovus Energy has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Cenovus Energy has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 31.95 | 35.83 | |
| Return On Tangible Assets | 0.08 | 0.04 | |
| Return On Capital Employed | 0.11 | 0.07 | |
| Return On Assets | 0.08 | 0.04 | |
| Return On Equity | 0.14 | 0.09 |
Things to note about Cenovus Energy performance evaluation
Checking the ongoing alerts about Cenovus Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cenovus Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cenovus Energy generated a negative expected return over the last 90 days | |
| About 32.0% of the company shares are held by company insiders | |
| Latest headline from zacks.com: Do Options Traders Know Something About Cenovus Energy Stock We Dont |
- Analyzing Cenovus Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cenovus Energy's stock is overvalued or undervalued compared to its peers.
- Examining Cenovus Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cenovus Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cenovus Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cenovus Energy's stock. These opinions can provide insight into Cenovus Energy's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cenovus Stock analysis
When running Cenovus Energy's price analysis, check to measure Cenovus Energy'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 Cenovus Energy is operating at the current time. Most of Cenovus Energy's value examination focuses on studying past and present price action to predict the probability of Cenovus Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cenovus Energy's price. Additionally, you may evaluate how the addition of Cenovus Energy to your portfolios can decrease your overall portfolio volatility.
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