CVE vs. IMO
Compare and contrast key facts about Cenovus Energy Inc. (CVE) and Imperial Oil Limited (IMO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CVE or IMO.
Key characteristics
| CVE | IMO | |
|---|---|---|
| YTD Return | 24.18% | 20.56% |
| 1Y Return | 27.87% | 40.57% |
| 3Y Return (Ann) | 40.81% | 36.84% |
| 5Y Return (Ann) | 19.69% | 22.72% |
| 10Y Return (Ann) | -1.65% | 5.79% |
| Sharpe Ratio | 0.87 | 1.41 |
| Daily Std Dev | 29.11% | 27.22% |
| Max Drawdown | -95.01% | -84.96% |
| Current Drawdown | -32.43% | -6.67% |
Fundamentals
| CVE | IMO | |
|---|---|---|
| Market Cap | $40.07B | $37.88B |
| EPS | $1.55 | $6.26 |
| PE Ratio | 13.85 | 11.29 |
| PEG Ratio | 0.45 | 0.85 |
| Revenue (TTM) | $52.20B | $50.70B |
| Gross Profit (TTM) | $16.00B | $12.09B |
| EBITDA (TTM) | $9.91B | $8.08B |
Correlation
The correlation between CVE and IMO is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
CVE vs. IMO - Performance Comparison
In the year-to-date period, CVE achieves a 24.18% return, which is significantly higher than IMO's 20.56% return. Over the past 10 years, CVE has underperformed IMO with an annualized return of -1.65%, while IMO has yielded a comparatively higher 5.79% annualized 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 vs. IMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cenovus Energy Inc. (CVE) and Imperial Oil Limited (IMO). 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 vs. IMO - Dividend Comparison
CVE's dividend yield for the trailing twelve months is around 2.03%, less than IMO's 2.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CVE Cenovus Energy Inc. | 2.03% | 2.34% | 1.81% | 0.56% | 0.74% | 1.57% | 2.16% | 1.69% | 1.01% | 5.22% | 4.62% | 3.25% |
IMO Imperial Oil Limited | 2.25% | 2.51% | 2.31% | 2.28% | 3.50% | 2.41% | 2.39% | 1.56% | 1.40% | 1.29% | 1.70% | 1.06% |
Drawdowns
CVE vs. IMO - Drawdown Comparison
The maximum CVE drawdown since its inception was -95.01%, which is greater than IMO's maximum drawdown of -84.96%. Use the drawdown chart below to compare losses from any high point for CVE and IMO. For additional features, visit the drawdowns tool.
Volatility
CVE vs. IMO - Volatility Comparison
Cenovus Energy Inc. (CVE) and Imperial Oil Limited (IMO) have volatilities of 7.53% and 7.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CVE vs. IMO - Financials Comparison
This section allows you to compare key financial metrics between Cenovus Energy Inc. and Imperial Oil Limited. 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