PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
TNZ.TO vs. CNQ.TO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between TNZ.TO and CNQ.TO is 0.32, 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.


-0.50.00.51.00.3

Performance

TNZ.TO vs. CNQ.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tenaz Energy Corp. (TNZ.TO) and Canadian Natural Resources Limited (CNQ.TO). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%80.00%100.00%SeptemberOctoberNovemberDecember2025February
85.37%
-13.68%
TNZ.TO
CNQ.TO

Key characteristics

Sharpe Ratio

TNZ.TO:

4.67

CNQ.TO:

0.39

Sortino Ratio

TNZ.TO:

7.26

CNQ.TO:

0.70

Omega Ratio

TNZ.TO:

1.91

CNQ.TO:

1.09

Calmar Ratio

TNZ.TO:

7.08

CNQ.TO:

0.45

Martin Ratio

TNZ.TO:

38.31

CNQ.TO:

0.76

Ulcer Index

TNZ.TO:

9.16%

CNQ.TO:

13.01%

Daily Std Dev

TNZ.TO:

75.22%

CNQ.TO:

25.44%

Max Drawdown

TNZ.TO:

-83.82%

CNQ.TO:

-79.04%

Current Drawdown

TNZ.TO:

-5.77%

CNQ.TO:

-21.44%

Fundamentals

Market Cap

TNZ.TO:

CA$349.96M

CNQ.TO:

CA$90.17B

EPS

TNZ.TO:

CA$0.87

CNQ.TO:

CA$3.52

PE Ratio

TNZ.TO:

14.67

CNQ.TO:

12.12

Total Revenue (TTM)

TNZ.TO:

CA$43.77M

CNQ.TO:

CA$26.19B

Gross Profit (TTM)

TNZ.TO:

CA$7.89M

CNQ.TO:

CA$7.75B

EBITDA (TTM)

TNZ.TO:

CA$5.83M

CNQ.TO:

CA$11.90B

Returns By Period

In the year-to-date period, TNZ.TO achieves a 12.83% return, which is significantly higher than CNQ.TO's -3.85% return.


TNZ.TO

YTD

12.83%

1M

18.84%

6M

98.62%

1Y

324.40%

5Y*

39.73%

10Y*

N/A

CNQ.TO

YTD

-3.85%

1M

-5.20%

6M

-12.36%

1Y

4.99%

5Y*

21.68%

10Y*

11.63%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

TNZ.TO vs. CNQ.TO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TNZ.TO
The Risk-Adjusted Performance Rank of TNZ.TO is 9999
Overall Rank
The Sharpe Ratio Rank of TNZ.TO is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of TNZ.TO is 9999
Sortino Ratio Rank
The Omega Ratio Rank of TNZ.TO is 9898
Omega Ratio Rank
The Calmar Ratio Rank of TNZ.TO is 9999
Calmar Ratio Rank
The Martin Ratio Rank of TNZ.TO is 9999
Martin Ratio Rank

CNQ.TO
The Risk-Adjusted Performance Rank of CNQ.TO is 5555
Overall Rank
The Sharpe Ratio Rank of CNQ.TO is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of CNQ.TO is 4949
Sortino Ratio Rank
The Omega Ratio Rank of CNQ.TO is 4848
Omega Ratio Rank
The Calmar Ratio Rank of CNQ.TO is 6464
Calmar Ratio Rank
The Martin Ratio Rank of CNQ.TO is 5454
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TNZ.TO vs. CNQ.TO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tenaz Energy Corp. (TNZ.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.


Sharpe ratio
The chart of Sharpe ratio for TNZ.TO, currently valued at 4.39, compared to the broader market-2.000.002.004.004.390.18
The chart of Sortino ratio for TNZ.TO, currently valued at 6.85, compared to the broader market-6.00-4.00-2.000.002.004.006.006.850.43
The chart of Omega ratio for TNZ.TO, currently valued at 1.85, compared to the broader market0.501.001.502.001.851.05
The chart of Calmar ratio for TNZ.TO, currently valued at 6.43, compared to the broader market0.002.004.006.006.430.19
The chart of Martin ratio for TNZ.TO, currently valued at 34.01, compared to the broader market-10.000.0010.0020.0030.0034.010.34
TNZ.TO
CNQ.TO

The current TNZ.TO Sharpe Ratio is 4.67, which is higher than the CNQ.TO Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of TNZ.TO and CNQ.TO, 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 Ratio0.001.002.003.004.005.00SeptemberOctoberNovemberDecember2025February
4.39
0.18
TNZ.TO
CNQ.TO

Dividends

TNZ.TO vs. CNQ.TO - Dividend Comparison

TNZ.TO has not paid dividends to shareholders, while CNQ.TO's dividend yield for the trailing twelve months is around 5.03%.


TTM202420232022202120202019
TNZ.TO
Tenaz Energy Corp.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CNQ.TO
Canadian Natural Resources Limited
5.03%4.83%4.26%6.08%2.83%1.49%2.66%

Drawdowns

TNZ.TO vs. CNQ.TO - Drawdown Comparison

The maximum TNZ.TO drawdown since its inception was -83.82%, which is greater than CNQ.TO's maximum drawdown of -79.04%. Use the drawdown chart below to compare losses from any high point for TNZ.TO and CNQ.TO. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2025February
-5.10%
-24.22%
TNZ.TO
CNQ.TO

Volatility

TNZ.TO vs. CNQ.TO - Volatility Comparison

Tenaz Energy Corp. (TNZ.TO) has a higher volatility of 16.99% compared to Canadian Natural Resources Limited (CNQ.TO) at 8.72%. This indicates that TNZ.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.


5.00%10.00%15.00%20.00%25.00%SeptemberOctoberNovemberDecember2025February
16.99%
8.72%
TNZ.TO
CNQ.TO

Financials

TNZ.TO vs. CNQ.TO - Financials Comparison

This section allows you to compare key financial metrics between Tenaz Energy Corp. 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.


Quarterly
Annual

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


Values in CAD except per share items
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2025 PortfoliosLab