Performance of CVE Cenovus Energy | -15.1% in 12m

Compare CVE with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?

Compare Cenovus Energy with its related Sector/Index XOP

Compare Cenovus Energy with its related Sector/Index XOP

Performance Duell CVE vs XOP

TimeFrame CVE XOP
1 Week -4.93% -2.50%
1 Month 1.62% 3.33%
3 Months -16.5% -7.87%
6 Months -16.3% -10.22%
12 Months -15.1% -7.34%
YTD 5.10% 0.06%
Rel. Perf. 1m -0.09
Rel. Perf. 3m -0.49
Rel. Perf. 6m -0.66
Rel. Perf. 12m -0.70
Spearman 1m 0.21 0.488
Spearman 3m -0.67 -0.320

Is Cenovus Energy a good stock to buy?

Yes, based on ValueRay Fundamental Analyses, Cenovus Energy (NYSE:CVE) is currently (October 2024) a good stock to buy. It has a ValueRay Fundamental Rating of 60.68 and therefor a positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CVE as of October 2024 is 19.56. This means that CVE is currently undervalued and has a potential upside of +15.19% (Margin of Safety).

Is CVE a buy, sell or hold?

  • Strong Buy: 10
  • Buy: 10
  • Hold: 0
  • Sell: 0
  • Strong Sell: 0
Cenovus Energy has received a consensus analysts rating of 4.50. Therefor, it is recommend to buy CVE.
Values above 0%: CVE is performing better - Values below 0%: CVE is underperforming

Compare CVE with Broad Market Indices

Symbol 1w 1m 6m 12m
US S&P 500 SPY -6.01% -2.12% -33.37% -55.24%
US NASDAQ 100 QQQ -4.66% -2.28% -32.00% -54.60%
US Dow Jones Industrial 30 DIA -6.76% -2.33% -31.84% -47.96%
German DAX 40 DBXD -5.91% -2.72% -25.33% -45.00%
UK FTSE 100 ISFU -5.42% 2.34% -29.79% -39.31%
Shanghai Shenzhen CSI 300 CSI 300 3.50% -15.31% -24.63% -26.45%
Hongkong Hang Seng HSI - -7.47% -40.14% -26.18%
Japan Nikkei 225 EXX7 -4.48% -2.53% -19.51% -38.08%
India NIFTY 50 INDA -3.60% 4.42% -26.83% -43.21%
Brasil Bovespa EWZ -4.51% 7.55% -13.50% -16.54%

CVE Cenovus Energy vs. Sectors

Symbol 1w 1m 6m 12m
Communication Services XLC -5.77% -1.86% -30.19% -52.73%
Consumer Discretionary XLY -5.59% -1.49% -32.10% -47.20%
Consumer Staples XLP -6.00% 2.78% -29.56% -40.52%
Energy XLE -3.20% -2.54% -14.16% -18.99%
Financial XLF -9.27% -3.79% -37.16% -65.39%
Health Care XLV -4.68% 3.33% -27.21% -35.99%
Industrial XLI -7.03% -3.94% -31.71% -57.95%
Materials XLB -7.00% -2.59% -26.56% -46.82%
Real Estate XLRE -8.28% 2.19% -42.78% -55.53%
Technology XLK -4.79% -3.55% -32.41% -56.50%
Utilities XLU -8.65% -2.11% -45.34% -60.14%
Aerospace & Defense XAR -8.69% -5.38% -39.90% -57.96%
Biotech XBI -8.13% 3.24% -33.76% -63.73%
Homebuilder XHB -8.29% -0.54% -40.00% -91.69%
Retail XRT -9.39% -1.13% -27.73% -48.92%

CVE Cenovus Energy vs. Commodities

Symbol 1w 1m 6m 12m
Oil USO 1.69% 0.37% -8.32% -5.10%
Natural Gas UNG 7.10% 10.70% -8.85% 35.81%
Gold GLD -7.32% -3.14% -29.51% -50.54%
Silver SLV -6.73% -1.71% -28.05% -50.11%
Copper CPER -2.60% 0.13% -16.33% -38.30%

Returns of CVE vs. Yields & Bonds

Symbol 1w 1m 6m 12m
iShares 20+ Years Bond TLT -4.63% 8.30% -23.46% -32.32%
iShares High Yield Corp. Bond HYG -5.25% 1.43% -24.55% -32.72%
Does Cenovus Energy outperform its market, is CVE a Sector Leader?
No, over the last 12 months Cenovus Energy (CVE) made -15.11%, while its related Sector, the SPDR S&P Oil & Gas Exploration (XOP) made -7.34%.
Over the last 3 months CVE made -16.53%, while XOP made -7.87%.
Period CVE XOP S&P 500
1 Month 1.62% 3.33% 3.74%
3 Months -16.53% -7.87% 4.88%
12 Months -15.11% -7.34% 40.13%