TA.TO vs. CNQ.TO
Compare and contrast key facts about TransAlta Corporation (TA.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: TA.TO or CNQ.TO.
Key characteristics
| TA.TO | CNQ.TO | |
|---|---|---|
| YTD Return | -10.22% | 22.13% |
| 1Y Return | -24.44% | 44.98% |
| 3Y Return (Ann) | -2.55% | 43.05% |
| 5Y Return (Ann) | 4.48% | 30.59% |
| 10Y Return (Ann) | 9.27% | 14.10% |
| Sharpe Ratio | -0.84 | 1.82 |
| Daily Std Dev | 27.59% | 25.03% |
| Max Drawdown | -54.65% | -76.20% |
| Current Drawdown | -32.69% | -6.85% |
Fundamentals
| TA.TO | CNQ.TO | |
|---|---|---|
| Market Cap | CA$2.96B | CA$111.71B |
| EPS | CA$1.95 | CA$6.76 |
| PE Ratio | 4.99 | 15.47 |
| PEG Ratio | -1.68 | 0.33 |
| Revenue (TTM) | CA$3.21B | CA$35.58B |
| Gross Profit (TTM) | CA$1.11B | CA$23.61B |
| EBITDA (TTM) | CA$1.55B | CA$15.87B |
Correlation
The correlation between TA.TO and CNQ.TO is 0.29, 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
TA.TO vs. CNQ.TO - Performance Comparison
In the year-to-date period, TA.TO achieves a -10.22% return, which is significantly lower than CNQ.TO's 22.13% return. Over the past 10 years, TA.TO has underperformed CNQ.TO with an annualized return of 9.27%, while CNQ.TO has yielded a comparatively higher 14.10% 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
TA.TO vs. CNQ.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TransAlta Corporation (TA.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
TA.TO vs. CNQ.TO - Dividend Comparison
TA.TO's dividend yield for the trailing twelve months is around 2.29%, less than CNQ.TO's 3.67% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TA.TO TransAlta Corporation | 2.29% | 2.00% | 1.69% | 1.32% | 1.76% | 5.17% | 14.31% | 10.74% | 1,345,905.79% | 73.32% | 34.22% | 43.03% |
CNQ.TO Canadian Natural Resources Limited | 3.67% | 4.26% | 6.08% | 3.66% | 5.44% | 3.50% | 3.98% | 2.40% | 2.15% | 3.02% | 2.49% | 1.59% |
Drawdowns
TA.TO vs. CNQ.TO - Drawdown Comparison
The maximum TA.TO drawdown since its inception was -54.65%, smaller than the maximum CNQ.TO drawdown of -76.20%. Use the drawdown chart below to compare losses from any high point for TA.TO and CNQ.TO. For additional features, visit the drawdowns tool.
Volatility
TA.TO vs. CNQ.TO - Volatility Comparison
TransAlta Corporation (TA.TO) has a higher volatility of 8.64% compared to Canadian Natural Resources Limited (CNQ.TO) at 4.97%. This indicates that TA.TO's price experiences larger fluctuations and is considered to be riskier than CNQ.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TA.TO vs. CNQ.TO - Financials Comparison
This section allows you to compare key financial metrics between TransAlta Corporation 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