| CVE Stock | | | CAD 21.78 0.40 1.80% |
Cenovus Energy potential-upside technical analysis lookup allows you to check this and other technical indicators for Cenovus Energy or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also
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Cenovus Energy has current Potential Upside of 2.61. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 2.61 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Cenovus Energy Potential Upside Peers Comparison
Cenovus Potential Upside Relative To Other Indicators
Cenovus Energy is rated
second in potential upside category among its peers. It is currently under evaluation in maximum drawdown category among its peers reporting about
3.58 of Maximum Drawdown per Potential Upside. The ratio of Maximum Drawdown to Potential Upside for Cenovus Energy is roughly
3.58 Unlike using an educated guess on how high a stock could go calculate potential upside as the greater the potential dollar or percentage rise, the bigger the upside for the investment. Potential Upside is the reciprocal of the Value At Risk measure and can be interpreted as return on an investment relative to minimal acceptable return.
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