APA vs. CVE
Compare and contrast key facts about Apache Corporation (APA) and Cenovus Energy Inc. (CVE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APA or CVE.
Key characteristics
| APA | CVE | |
|---|---|---|
| YTD Return | -28.33% | 4.22% |
| 1Y Return | -39.01% | -15.46% |
| 3Y Return (Ann) | -1.10% | 15.65% |
| 5Y Return (Ann) | 3.07% | 15.75% |
| 10Y Return (Ann) | -8.63% | -1.63% |
| Sharpe Ratio | -1.18 | -0.59 |
| Sortino Ratio | -1.70 | -0.68 |
| Omega Ratio | 0.80 | 0.92 |
| Calmar Ratio | -0.49 | -0.34 |
| Martin Ratio | -1.56 | -1.19 |
| Ulcer Index | 24.95% | 14.73% |
| Daily Std Dev | 33.19% | 29.45% |
| Max Drawdown | -96.73% | -95.02% |
| Current Drawdown | -77.94% | -43.36% |
Fundamentals
| APA | CVE | |
|---|---|---|
| Market Cap | $9.29B | $31.46B |
| EPS | $9.24 | $1.83 |
| PE Ratio | 2.72 | 9.24 |
| PEG Ratio | 0.17 | 0.45 |
| Total Revenue (TTM) | $6.66B | $41.42B |
| Gross Profit (TTM) | $2.92B | $5.42B |
| EBITDA (TTM) | $4.04B | $7.99B |
Correlation
The correlation between APA and CVE is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
APA vs. CVE - Performance Comparison
In the year-to-date period, APA achieves a -28.33% return, which is significantly lower than CVE's 4.22% return. Over the past 10 years, APA has underperformed CVE with an annualized return of -8.63%, while CVE has yielded a comparatively higher -1.63% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
APA vs. CVE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Apache Corporation (APA) and Cenovus Energy Inc. (CVE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
APA vs. CVE - Dividend Comparison
APA's dividend yield for the trailing twelve months is around 3.98%, more than CVE's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APA Apache Corporation | 3.98% | 2.79% | 1.34% | 0.51% | 2.29% | 3.91% | 3.81% | 2.37% | 1.58% | 2.25% | 1.52% | 0.90% |
CVE Cenovus Energy Inc. | 3.37% | 2.33% | 1.80% | 0.56% | 0.74% | 1.57% | 2.16% | 1.68% | 1.00% | 5.20% | 4.60% | 3.23% |
Drawdowns
APA vs. CVE - Drawdown Comparison
The maximum APA drawdown since its inception was -96.73%, roughly equal to the maximum CVE drawdown of -95.02%. Use the drawdown chart below to compare losses from any high point for APA and CVE. For additional features, visit the drawdowns tool.
Volatility
APA vs. CVE - Volatility Comparison
Apache Corporation (APA) has a higher volatility of 13.70% compared to Cenovus Energy Inc. (CVE) at 9.87%. This indicates that APA's price experiences larger fluctuations and is considered to be riskier than CVE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
APA vs. CVE - Financials Comparison
This section allows you to compare key financial metrics between Apache Corporation and Cenovus Energy Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities