RNW.TO vs. CNQ.TO
Compare and contrast key facts about TransAlta Renewables Inc. (RNW.TO) and Canadian Natural Resources Limited (CNQ.TO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RNW.TO or CNQ.TO.
Key characteristics
| RNW.TO | CNQ.TO |
|---|
Fundamentals
| RNW.TO | CNQ.TO | |
|---|---|---|
| Market Cap | CA$3.33B | CA$112.78B |
| EPS | CA$0.30 | CA$7.47 |
| PE Ratio | 41.60 | 14.10 |
| PEG Ratio | 3.50 | 0.33 |
| Revenue (TTM) | CA$496.00M | CA$35.97B |
| Gross Profit (TTM) | CA$258.00M | CA$23.61B |
| EBITDA (TTM) | CA$231.00M | CA$16.51B |
Correlation
The correlation between RNW.TO and CNQ.TO is 0.35, 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
RNW.TO vs. CNQ.TO - Performance Comparison
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
RNW.TO vs. CNQ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TransAlta Renewables Inc. (RNW.TO) and Canadian Natural Resources Limited (CNQ.TO). 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
RNW.TO vs. CNQ.TO - Dividend Comparison
RNW.TO has not paid dividends to shareholders, while CNQ.TO's dividend yield for the trailing twelve months is around 3.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RNW.TO TransAlta Renewables Inc. | 3.14% | 5.65% | 8.36% | 5.01% | 4.32% | 6.06% | 8.31% | 6.76% | 6.14% | 7.88% | 6.71% | 2.70% |
CNQ.TO Canadian Natural Resources Limited | 3.61% | 4.26% | 6.08% | 3.66% | 5.44% | 3.50% | 3.98% | 2.40% | 2.15% | 3.02% | 2.49% | 1.59% |
Drawdowns
RNW.TO vs. CNQ.TO - Drawdown Comparison
Volatility
RNW.TO vs. CNQ.TO - Volatility Comparison
The current volatility for TransAlta Renewables Inc. (RNW.TO) is 0.00%, while Canadian Natural Resources Limited (CNQ.TO) has a volatility of 5.08%. This indicates that RNW.TO experiences smaller price fluctuations and is considered to be less risky than CNQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
RNW.TO vs. CNQ.TO - Financials Comparison
This section allows you to compare key financial metrics between TransAlta Renewables Inc. and Canadian Natural Resources 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