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.
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
Key characteristics
APA:
-0.64
CVE:
-0.10
APA:
-0.70
CVE:
0.05
APA:
0.91
CVE:
1.01
APA:
-0.27
CVE:
-0.06
APA:
-1.01
CVE:
-0.18
APA:
22.11%
CVE:
16.02%
APA:
35.20%
CVE:
28.01%
APA:
-96.73%
CVE:
-95.01%
APA:
-78.36%
CVE:
-49.51%
Fundamentals
APA:
$9.19B
CVE:
$27.23B
APA:
$7.04
CVE:
$1.39
APA:
3.53
CVE:
10.73
APA:
0.17
CVE:
0.45
APA:
$7.03B
CVE:
$42.53B
APA:
$2.91B
CVE:
$8.43B
APA:
$3.18B
CVE:
$8.02B
Returns By Period
In the year-to-date period, APA achieves a 5.59% return, which is significantly higher than CVE's -1.58% return. Over the past 10 years, APA has underperformed CVE with an annualized return of -7.00%, while CVE has yielded a comparatively higher -1.20% annualized return.
APA
5.59%
6.65%
-21.63%
-22.50%
-4.12%
-7.00%
CVE
-1.58%
-2.23%
-25.79%
-1.15%
11.88%
-1.20%
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Risk-Adjusted Performance
APA vs. CVE — Risk-Adjusted Performance Rank
APA
CVE
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 4.10%, more than CVE's 3.98% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APA Apache Corporation | 4.10% | 4.33% | 2.79% | 1.34% | 0.51% | 2.29% | 3.91% | 3.81% | 2.37% | 1.58% | 2.25% | 1.52% |
CVE Cenovus Energy Inc. | 3.98% | 3.92% | 2.34% | 1.81% | 0.57% | 0.75% | 1.58% | 2.17% | 1.70% | 1.01% | 5.25% | 4.64% |
Drawdowns
APA vs. CVE - Drawdown Comparison
The maximum APA drawdown since its inception was -96.73%, roughly equal to the maximum CVE drawdown of -95.01%. 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 9.16% compared to Cenovus Energy Inc. (CVE) at 6.31%. 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