CVE.TO vs. MP
Compare and contrast key facts about Cenovus Energy Inc. (CVE.TO) and MP Materials Corp. (MP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVE.TO or MP.
Key characteristics
| CVE.TO | MP | |
|---|---|---|
| YTD Return | 3.34% | -6.45% |
| 1Y Return | -6.30% | 12.82% |
| 3Y Return (Ann) | 14.95% | -24.75% |
| Sharpe Ratio | -0.28 | 0.27 |
| Sortino Ratio | -0.21 | 0.82 |
| Omega Ratio | 0.97 | 1.09 |
| Calmar Ratio | -0.24 | 0.18 |
| Martin Ratio | -0.62 | 0.60 |
| Ulcer Index | 12.76% | 25.12% |
| Daily Std Dev | 27.99% | 56.41% |
| Max Drawdown | -92.84% | -81.99% |
| Current Drawdown | -24.45% | -68.13% |
Fundamentals
| CVE.TO | MP | |
|---|---|---|
| Market Cap | CA$40.73B | $3.24B |
| EPS | CA$1.96 | -$0.52 |
| Total Revenue (TTM) | CA$55.67B | $184.07M |
| Gross Profit (TTM) | CA$8.37B | $68.88M |
| EBITDA (TTM) | CA$7.99B | $4.30M |
Correlation
The correlation between CVE.TO and MP is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CVE.TO vs. MP - Performance Comparison
In the year-to-date period, CVE.TO achieves a 3.34% return, which is significantly higher than MP's -6.45% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
CVE.TO vs. MP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cenovus Energy Inc. (CVE.TO) and MP Materials Corp. (MP). 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
CVE.TO vs. MP - Dividend Comparison
CVE.TO's dividend yield for the trailing twelve months is around 3.51%, while MP has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVE.TO Cenovus Energy Inc. | 3.51% | 2.40% | 1.83% | 0.64% | 0.77% | 1.59% | 2.08% | 1.74% | 0.99% | 4.87% | 4.44% | 3.18% |
MP MP Materials Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CVE.TO vs. MP - Drawdown Comparison
The maximum CVE.TO drawdown since its inception was -92.84%, which is greater than MP's maximum drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for CVE.TO and MP. For additional features, visit the drawdowns tool.
Volatility
CVE.TO vs. MP - Volatility Comparison
The current volatility for Cenovus Energy Inc. (CVE.TO) is 6.99%, while MP Materials Corp. (MP) has a volatility of 13.04%. This indicates that CVE.TO experiences smaller price fluctuations and is considered to be less risky than MP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CVE.TO vs. MP - Financials Comparison
This section allows you to compare key financial metrics between Cenovus Energy Inc. and MP Materials Corp.. 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