TOU.TO vs. OVV
Compare and contrast key facts about Tourmaline Oil Corp. (TOU.TO) and Ovintiv Inc. (OVV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TOU.TO or OVV.
Key characteristics
| TOU.TO | OVV | |
|---|---|---|
| YTD Return | 12.59% | 14.46% |
| 1Y Return | 23.36% | 60.09% |
| 3Y Return (Ann) | 44.60% | 26.82% |
| 5Y Return (Ann) | 36.96% | 11.63% |
| 10Y Return (Ann) | 5.89% | -5.95% |
| Sharpe Ratio | 0.80 | 1.74 |
| Daily Std Dev | 25.50% | 30.86% |
| Max Drawdown | -87.67% | -98.88% |
| Current Drawdown | -9.08% | -71.40% |
Fundamentals
| TOU.TO | OVV | |
|---|---|---|
| Market Cap | CA$22.89B | $13.33B |
| EPS | CA$4.99 | $7.17 |
| PE Ratio | 13.04 | 6.97 |
| Revenue (TTM) | CA$4.84B | $10.46B |
| Gross Profit (TTM) | CA$5.37B | $7.28B |
| EBITDA (TTM) | CA$3.78B | $4.81B |
Correlation
The correlation between TOU.TO and OVV is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TOU.TO vs. OVV - Performance Comparison
In the year-to-date period, TOU.TO achieves a 12.59% return, which is significantly lower than OVV's 14.46% return. Over the past 10 years, TOU.TO has outperformed OVV with an annualized return of 5.89%, while OVV has yielded a comparatively lower -5.95% 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
TOU.TO vs. OVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tourmaline Oil Corp. (TOU.TO) and Ovintiv Inc. (OVV). 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
TOU.TO vs. OVV - Dividend Comparison
TOU.TO's dividend yield for the trailing twelve months is around 6.24%, more than OVV's 2.40% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TOU.TO Tourmaline Oil Corp. | 6.24% | 10.99% | 11.56% | 3.48% | 2.91% | 3.02% | 2.18% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
OVV Ovintiv Inc. | 2.40% | 2.62% | 1.87% | 1.39% | 2.61% | 1.60% | 1.04% | 0.45% | 0.51% | 5.50% | 2.02% | 3.71% |
Drawdowns
TOU.TO vs. OVV - Drawdown Comparison
The maximum TOU.TO drawdown since its inception was -87.67%, smaller than the maximum OVV drawdown of -98.88%. Use the drawdown chart below to compare losses from any high point for TOU.TO and OVV. For additional features, visit the drawdowns tool.
Volatility
TOU.TO vs. OVV - Volatility Comparison
Tourmaline Oil Corp. (TOU.TO) has a higher volatility of 8.54% compared to Ovintiv Inc. (OVV) at 6.43%. This indicates that TOU.TO's price experiences larger fluctuations and is considered to be riskier than OVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
TOU.TO vs. OVV - Financials Comparison
This section allows you to compare key financial metrics between Tourmaline Oil Corp. and Ovintiv 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.
Total Revenue: Total amount of money received from sales and other business activities