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OVV vs. AAPL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between OVV and AAPL is 0.24, 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.


-0.50.00.51.00.2

Performance

OVV vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ovintiv Inc. (OVV) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

0.00%10,000.00%20,000.00%30,000.00%40,000.00%50,000.00%60,000.00%70,000.00%JulyAugustSeptemberOctoberNovemberDecember
53.51%
66,940.54%
OVV
AAPL

Key characteristics

Sharpe Ratio

OVV:

-0.36

AAPL:

1.21

Sortino Ratio

OVV:

-0.31

AAPL:

1.82

Omega Ratio

OVV:

0.96

AAPL:

1.23

Calmar Ratio

OVV:

-0.14

AAPL:

1.64

Martin Ratio

OVV:

-0.64

AAPL:

4.00

Ulcer Index

OVV:

16.83%

AAPL:

6.81%

Daily Std Dev

OVV:

30.02%

AAPL:

22.53%

Max Drawdown

OVV:

-98.88%

AAPL:

-81.80%

Current Drawdown

OVV:

-77.63%

AAPL:

-2.14%

Fundamentals

Market Cap

OVV:

$10.35B

AAPL:

$3.83T

EPS

OVV:

$7.43

AAPL:

$6.08

PE Ratio

OVV:

5.25

AAPL:

41.69

Total Revenue (TTM)

OVV:

$9.87B

AAPL:

$391.04B

Gross Profit (TTM)

OVV:

$3.75B

AAPL:

$180.68B

EBITDA (TTM)

OVV:

$5.25B

AAPL:

$134.66B

Returns By Period

In the year-to-date period, OVV achieves a -11.06% return, which is significantly lower than AAPL's 29.47% return. Over the past 10 years, OVV has underperformed AAPL with an annualized return of -3.97%, while AAPL has yielded a comparatively higher 25.91% annualized return.


OVV

YTD

-11.06%

1M

-14.84%

6M

-16.01%

1Y

-11.50%

5Y*

15.33%

10Y*

-3.97%

AAPL

YTD

29.47%

1M

8.78%

6M

16.02%

1Y

26.57%

5Y*

29.75%

10Y*

25.91%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

OVV vs. AAPL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Ovintiv Inc. (OVV) and Apple Inc (AAPL). 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.


Sharpe ratio
The chart of Sharpe ratio for OVV, currently valued at -0.36, compared to the broader market-4.00-2.000.002.00-0.361.21
The chart of Sortino ratio for OVV, currently valued at -0.31, compared to the broader market-4.00-2.000.002.004.00-0.311.82
The chart of Omega ratio for OVV, currently valued at 0.96, compared to the broader market0.501.001.502.000.961.23
The chart of Calmar ratio for OVV, currently valued at -0.14, compared to the broader market0.002.004.006.00-0.141.64
The chart of Martin ratio for OVV, currently valued at -0.64, compared to the broader market0.0010.0020.00-0.644.00
OVV
AAPL

The current OVV Sharpe Ratio is -0.36, which is lower than the AAPL Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of OVV and AAPL, 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-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.36
1.21
OVV
AAPL

Dividends

OVV vs. AAPL - Dividend Comparison

OVV's dividend yield for the trailing twelve months is around 3.16%, more than AAPL's 0.40% yield.


TTM20232022202120202019201820172016201520142013
OVV
Ovintiv Inc.
3.16%2.62%1.87%1.39%2.61%1.60%1.04%0.45%0.51%5.50%2.02%3.71%
AAPL
Apple Inc
0.40%0.49%0.70%0.49%0.61%1.04%1.79%1.45%1.93%1.93%1.67%2.10%

Drawdowns

OVV vs. AAPL - Drawdown Comparison

The maximum OVV drawdown since its inception was -98.88%, which is greater than AAPL's maximum drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for OVV and AAPL. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-77.63%
-2.14%
OVV
AAPL

Volatility

OVV vs. AAPL - Volatility Comparison

Ovintiv Inc. (OVV) has a higher volatility of 8.16% compared to Apple Inc (AAPL) at 3.78%. This indicates that OVV's price experiences larger fluctuations and is considered to be riskier than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
8.16%
3.78%
OVV
AAPL

Financials

OVV vs. AAPL - Financials Comparison

This section allows you to compare key financial metrics between Ovintiv Inc. and Apple 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
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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