TVE.TO vs. CTC-A.TO
TVE.TO (Tamarack Valley Energy Ltd.) and CTC-A.TO (Canadian Tire Corporation Ltd) are both stocks. TVE.TO operates in Oil & Gas E&P (Energy), while CTC-A.TO operates in Specialty Retail (Consumer Cyclical). Over the past 10 years, TVE.TO returned 15.03%/yr vs 6.08%/yr for CTC-A.TO. At a 0.14 correlation, their price movements are largely independent.
Performance
TVE.TO vs. CTC-A.TO - Performance Comparison
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Returns By Period
In the year-to-date period, TVE.TO achieves a 74.07% return, which is significantly higher than CTC-A.TO's 5.08% return. Over the past 10 years, TVE.TO has outperformed CTC-A.TO with an annualized return of 15.03%, while CTC-A.TO has yielded a comparatively lower 6.08% annualized return.
TVE.TO
- 1D
- 4.06%
- 1M
- 14.47%
- YTD
- 74.07%
- 6M
- 74.35%
- 1Y
- 209.16%
- 3Y*
- 64.95%
- 5Y*
- 42.99%
- 10Y*
- 15.03%
CTC-A.TO
- 1D
- 0.29%
- 1M
- -6.12%
- YTD
- 5.08%
- 6M
- 7.04%
- 1Y
- 5.22%
- 3Y*
- 6.94%
- 5Y*
- 1.58%
- 10Y*
- 6.08%
TVE.TO vs. CTC-A.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TVE.TO Tamarack Valley Energy Ltd. | 74.07% | 71.65% | 62.29% | -28.32% | 18.84% | 203.15% | -36.50% | -15.25% | -17.48% | -17.34% |
CTC-A.TO Canadian Tire Corporation Ltd | 5.08% | 20.07% | 12.82% | 3.76% | -19.20% | 11.26% | 24.13% | 0.73% | -11.01% | 19.72% |
Correlation
The correlation between TVE.TO and CTC-A.TO is -0.11, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.11 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.12 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2008 | 0.14 |
The correlation between TVE.TO and CTC-A.TO shifts across timeframes, from -0.11 (1 year) to 0.18 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
TVE.TO:
CA$6.78B
CTC-A.TO:
CA$9.49B
TVE.TO:
-CA$0.19
CTC-A.TO:
CA$11.14
TVE.TO:
4.78
CTC-A.TO:
0.59
TVE.TO:
3.84
CTC-A.TO:
1.63
TVE.TO:
CA$1.44B
CTC-A.TO:
CA$16.43B
TVE.TO:
CA$560.03M
CTC-A.TO:
CA$5.41B
TVE.TO:
CA$596.84M
CTC-A.TO:
CA$2.09B
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Return for Risk
TVE.TO vs. CTC-A.TO — Risk / Return Rank
TVE.TO
CTC-A.TO
TVE.TO vs. CTC-A.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tamarack Valley Energy Ltd. (TVE.TO) and Canadian Tire Corporation Ltd (CTC-A.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.
| TVE.TO | CTC-A.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.76 | ||
| Sortino ratioReturn per unit of downside risk | +4.92 | ||
| Omega ratioGain probability vs. loss probability | 1.74 | 1.07 | +0.67 |
| Calmar ratioReturn relative to maximum drawdown | 21.09 | 0.32 | +20.77 |
| Martin ratioReturn relative to average drawdown | 69.24 | 0.62 | +68.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TVE.TO | CTC-A.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 6.00 | 0.24 | +5.76 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.99 | 0.07 | +0.92 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | 0.24 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.30 | -0.22 |
Drawdowns
TVE.TO vs. CTC-A.TO - Drawdown Comparison
The maximum TVE.TO drawdown since its inception was -94.30%, which is greater than CTC-A.TO's maximum drawdown of -58.16%. Use the drawdown chart below to compare losses from any high point for TVE.TO and CTC-A.TO.
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Drawdown Indicators
| TVE.TO | CTC-A.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -94.30% | -58.16% | -36.14% |
Max Drawdown (1Y)Largest decline over 1 year | -9.99% | -16.35% | +6.36% |
Max Drawdown (3Y)Largest decline over 3 years | -34.89% | -29.70% | -5.19% |
Max Drawdown (5Y)Largest decline over 5 years | -53.72% | -30.90% | -22.82% |
Max Drawdown (10Y)Largest decline over 10 years | -91.68% | -58.16% | -33.52% |
Current DrawdownCurrent decline from peak | -0.72% | -9.88% | +9.16% |
Average DrawdownAverage peak-to-trough decline | -51.19% | -15.97% | -35.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.04% | 8.41% | -5.37% |
Volatility
TVE.TO vs. CTC-A.TO - Volatility Comparison
Tamarack Valley Energy Ltd. (TVE.TO) has a higher volatility of 14.15% compared to Canadian Tire Corporation Ltd (CTC-A.TO) at 7.54%. This indicates that TVE.TO's price experiences larger fluctuations and is considered to be riskier than CTC-A.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TVE.TO | CTC-A.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.15% | 7.54% | +6.61% |
Volatility (6M)Calculated over the trailing 6-month period | 28.91% | 14.51% | +14.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.14% | 21.72% | +13.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 43.69% | 22.06% | +21.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 52.95% | 25.87% | +27.08% |
Dividends
TVE.TO vs. CTC-A.TO - Dividend Comparison
TVE.TO's dividend yield for the trailing twelve months is around 0.94%, less than CTC-A.TO's 3.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CTC-A.TO Canadian Tire Corporation Ltd | 3.99% | 4.08% | 4.63% | 4.90% | 4.13% | 2.59% | 2.72% | 2.97% | 2.52% | 1.59% | 1.67% | 1.79% |
TVE.TO Tamarack Valley Energy Ltd. | 0.94% | 1.93% | 3.15% | 4.90% | 2.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
TVE.TO vs. CTC-A.TO - Financials Comparison
This section allows you to compare key financial metrics between Tamarack Valley Energy Ltd. and Canadian Tire Corporation Ltd. 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
TVE.TO vs. CTC-A.TO - Profitability Comparison
TVE.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Tamarack Valley Energy Ltd. reported a gross profit of 182.80M and revenue of 375.55M. Therefore, the gross margin over that period was 48.7%.
CTC-A.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Canadian Tire Corporation Ltd reported a gross profit of 1.21B and revenue of 3.57B. Therefore, the gross margin over that period was 34.0%.
TVE.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Tamarack Valley Energy Ltd. reported an operating income of 163.31M and revenue of 375.55M, resulting in an operating margin of 43.5%.
CTC-A.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Canadian Tire Corporation Ltd reported an operating income of 254.30M and revenue of 3.57B, resulting in an operating margin of 7.1%.
TVE.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Tamarack Valley Energy Ltd. reported a net income of 5.65M and revenue of 375.55M, resulting in a net margin of 1.5%.
CTC-A.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Canadian Tire Corporation Ltd reported a net income of 107.00M and revenue of 3.57B, resulting in a net margin of 3.0%.
Frequently Asked Questions
TVE.TO and CTC-A.TO have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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