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IMO vs. CVE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


IMOCVE
YTD Return29.89%-2.99%
1Y Return31.85%-10.38%
3Y Return (Ann)31.17%9.81%
5Y Return (Ann)27.53%13.87%
10Y Return (Ann)6.65%-2.51%
Sharpe Ratio1.28-0.35
Sortino Ratio1.81-0.30
Omega Ratio1.220.96
Calmar Ratio2.33-0.20
Martin Ratio5.84-0.81
Ulcer Index5.73%12.40%
Daily Std Dev26.23%29.02%
Max Drawdown-84.96%-95.02%
Current Drawdown-8.03%-47.27%

Fundamentals


IMOCVE
Market Cap$38.17B$29.29B
EPS$6.55$1.41
PE Ratio11.1211.16
PEG Ratio0.850.45
Total Revenue (TTM)$55.46B$55.67B
Gross Profit (TTM)$20.33B$8.37B
EBITDA (TTM)$8.60B$7.99B

Correlation

-0.50.00.51.00.7

The correlation between IMO and CVE 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

IMO vs. CVE - Performance Comparison

In the year-to-date period, IMO achieves a 29.89% return, which is significantly higher than CVE's -2.99% return. Over the past 10 years, IMO has outperformed CVE with an annualized return of 6.65%, while CVE has yielded a comparatively lower -2.51% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
6.82%
-20.45%
IMO
CVE

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Risk-Adjusted Performance

IMO vs. CVE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Imperial Oil Limited (IMO) 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.


IMO
Sharpe ratio
The chart of Sharpe ratio for IMO, currently valued at 1.28, compared to the broader market-4.00-2.000.002.004.001.28
Sortino ratio
The chart of Sortino ratio for IMO, currently valued at 1.81, compared to the broader market-4.00-2.000.002.004.006.001.81
Omega ratio
The chart of Omega ratio for IMO, currently valued at 1.22, compared to the broader market0.501.001.502.001.22
Calmar ratio
The chart of Calmar ratio for IMO, currently valued at 2.33, compared to the broader market0.002.004.006.002.33
Martin ratio
The chart of Martin ratio for IMO, currently valued at 5.84, compared to the broader market0.0010.0020.0030.005.84
CVE
Sharpe ratio
The chart of Sharpe ratio for CVE, currently valued at -0.35, compared to the broader market-4.00-2.000.002.004.00-0.35
Sortino ratio
The chart of Sortino ratio for CVE, currently valued at -0.30, compared to the broader market-4.00-2.000.002.004.006.00-0.30
Omega ratio
The chart of Omega ratio for CVE, currently valued at 0.96, compared to the broader market0.501.001.502.000.96
Calmar ratio
The chart of Calmar ratio for CVE, currently valued at -0.20, compared to the broader market0.002.004.006.00-0.20
Martin ratio
The chart of Martin ratio for CVE, currently valued at -0.81, compared to the broader market0.0010.0020.0030.00-0.81

IMO vs. CVE - Sharpe Ratio Comparison

The current IMO Sharpe Ratio is 1.28, which is higher than the CVE Sharpe Ratio of -0.35. The chart below compares the historical Sharpe Ratios of IMO and CVE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.28
-0.35
IMO
CVE

Dividends

IMO vs. CVE - Dividend Comparison

IMO's dividend yield for the trailing twelve months is around 2.32%, less than CVE's 3.61% yield.


TTM20232022202120202019201820172016201520142013
IMO
Imperial Oil Limited
2.32%2.50%2.30%2.28%3.50%2.41%2.39%1.55%1.39%1.29%1.70%1.06%
CVE
Cenovus Energy Inc.
3.61%2.33%1.80%0.57%0.75%1.58%2.18%1.69%1.01%5.25%4.64%3.27%

Drawdowns

IMO vs. CVE - Drawdown Comparison

The maximum IMO drawdown since its inception was -84.96%, smaller than the maximum CVE drawdown of -95.02%. Use the drawdown chart below to compare losses from any high point for IMO and CVE. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-8.03%
-47.27%
IMO
CVE

Volatility

IMO vs. CVE - Volatility Comparison

Imperial Oil Limited (IMO) has a higher volatility of 8.65% compared to Cenovus Energy Inc. (CVE) at 7.99%. This indicates that IMO'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.


5.00%6.00%7.00%8.00%9.00%10.00%11.00%12.00%JuneJulyAugustSeptemberOctoberNovember
8.65%
7.99%
IMO
CVE

Financials

IMO vs. CVE - Financials Comparison

This section allows you to compare key financial metrics between Imperial Oil Limited 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items