Performance of CVE Cenovus Energy | -17.5% 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
Performance Duell CVE vs XOP
| TimeFrame | CVE | XOP |
|---|---|---|
| 1 Week | -3.81% | -2.50% |
| 1 Month | 3.76% | 3.33% |
| 3 Months | -16.2% | -7.87% |
| 6 Months | -17.0% | -10.22% |
| 12 Months | -17.5% | -7.34% |
| YTD | 7.73% | 0.06% |
| Rel. Perf. 1m | 0.02 | |
| Rel. Perf. 3m | -0.83 | |
| Rel. Perf. 6m | -0.41 | |
| Rel. Perf. 12m | -0.64 | |
| Spearman 1m | 0.47 | 0.488 |
| Spearman 3m | -0.73 | -0.320 |
Is Cenovus Energy a good stock to buy?
Yes, based on ValueRay Fundamental Analyses, Cenovus Energy (TO:CVE) is currently (October 2024)
a good stock to buy. It has a ValueRay Fundamental Rating of 60.35 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 27.33. This means that CVE is currently undervalued and has a potential upside of +16.65% (Margin of Safety).
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CVE as of October 2024 is 27.33. This means that CVE is currently undervalued and has a potential upside of +16.65% (Margin of Safety).
Is CVE a buy, sell or hold?
Cenovus Energy has no consensus analysts rating. ValueRay therefore judges the recommendation based on the last 12 Month Returns of -17.46%.
In compare to SPDR S&P Oil & Gas Exploration, CVE made -10.12% less over the last 12 months. Due to the underperformance, it is recommend to sell CVE.
In compare to SPDR S&P Oil & Gas Exploration, CVE made -10.12% less over the last 12 months. Due to the underperformance, it is recommend to sell 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 | -4.89% | 0.02% | -34.07% | -57.59% |
| US NASDAQ 100 | QQQ | -3.54% | -0.14% | -32.70% | -56.95% |
| US Dow Jones Industrial 30 | DIA | -5.64% | -0.19% | -32.54% | -50.31% |
| German DAX 40 | DBXD | -4.79% | -0.58% | -26.03% | -47.35% |
| UK FTSE 100 | ISFU | -4.30% | 4.48% | -30.49% | -41.66% |
| Shanghai Shenzhen CSI 300 | CSI 300 | 4.62% | -13.17% | -25.33% | -28.80% |
| Hongkong Hang Seng | HSI | 1.12% | -5.33% | -40.84% | -28.53% |
| Japan Nikkei 225 | EXX7 | -3.36% | -0.39% | -20.21% | -40.43% |
| India NIFTY 50 | INDA | -2.48% | 6.56% | -27.53% | -45.56% |
| Brasil Bovespa | EWZ | -3.39% | 9.69% | -14.20% | -18.89% |
CVE Cenovus Energy vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | -4.65% | 0.28% | -30.89% | -55.08% |
| Consumer Discretionary | XLY | -4.47% | 0.65% | -32.80% | -49.55% |
| Consumer Staples | XLP | -4.88% | 4.92% | -30.26% | -42.87% |
| Energy | XLE | -2.08% | -0.40% | -14.86% | -21.34% |
| Financial | XLF | -8.15% | -1.65% | -37.86% | -67.74% |
| Health Care | XLV | -3.56% | 5.47% | -27.91% | -38.34% |
| Industrial | XLI | -5.91% | -1.80% | -32.41% | -60.30% |
| Materials | XLB | -5.88% | -0.45% | -27.26% | -49.17% |
| Real Estate | XLRE | -7.16% | 4.33% | -43.48% | -57.88% |
| Technology | XLK | -3.67% | -1.41% | -33.11% | -58.85% |
| Utilities | XLU | -7.53% | 0.03% | -46.04% | -62.49% |
| Aerospace & Defense | XAR | -7.57% | -3.24% | -40.60% | -60.31% |
| Biotech | XBI | -7.01% | 5.38% | -34.46% | -66.08% |
| Homebuilder | XHB | -7.17% | 1.60% | -40.70% | -94.04% |
| Retail | XRT | -8.27% | 1.01% | -28.43% | -51.27% |
Does Cenovus Energy outperform its market, is CVE a Sector Leader?
No, over the last 12 months Cenovus Energy (CVE) made -17.46%, while its related Sector, the SPDR S&P Oil & Gas Exploration (XOP) made -7.34%.
Over the last 3 months CVE made -16.16%, while XOP made -7.87%.
No, over the last 12 months Cenovus Energy (CVE) made -17.46%, while its related Sector, the SPDR S&P Oil & Gas Exploration (XOP) made -7.34%.
Over the last 3 months CVE made -16.16%, while XOP made -7.87%.
| Period | CVE | XOP | S&P 500 |
|---|---|---|---|
| 1 Month | 3.76% | 3.33% | 3.74% |
| 3 Months | -16.16% | -7.87% | 4.88% |
| 12 Months | -17.46% | -7.34% | 40.13% |