VLE.TO vs. ATH.TO
VLE.TO (Valeura Energy Inc.) and ATH.TO (Athabasca Oil Corporation) are both stocks. Both operate in the Oil & Gas E&P industry within the Energy sector. Over the past 10 years, VLE.TO returned 25.95%/yr vs 24.52%/yr for ATH.TO. At a 0.19 correlation, their price movements are largely independent.
Performance
VLE.TO vs. ATH.TO - Performance Comparison
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Returns By Period
In the year-to-date period, VLE.TO achieves a 41.20% return, which is significantly lower than ATH.TO's 70.84% return. Over the past 10 years, VLE.TO has outperformed ATH.TO with an annualized return of 25.95%, while ATH.TO has yielded a comparatively lower 24.52% annualized return.
VLE.TO
- 1D
- 0.52%
- 1M
- -10.60%
- YTD
- 41.20%
- 6M
- 45.28%
- 1Y
- 58.87%
- 3Y*
- 80.62%
- 5Y*
- 88.14%
- 10Y*
- 25.95%
ATH.TO
- 1D
- 1.44%
- 1M
- 4.34%
- YTD
- 70.84%
- 6M
- 53.78%
- 1Y
- 126.60%
- 3Y*
- 59.50%
- 5Y*
- 71.91%
- 10Y*
- 24.52%
VLE.TO vs. ATH.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VLE.TO Valeura Energy Inc. | 41.20% | 12.67% | 155.63% | 35.89% | 375.00% | -22.81% | -10.94% | -80.06% | -26.21% | 357.89% |
ATH.TO Athabasca Oil Corporation | 70.84% | 31.89% | 27.82% | 73.03% | 102.52% | 600.00% | -71.19% | -40.40% | -7.48% | -47.80% |
Correlation
The correlation between VLE.TO and ATH.TO is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.33 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Apr 9, 2010 | 0.19 |
Over the past year, VLE.TO and ATH.TO have become more correlated (0.43) than their long-term average of 0.19, meaning their price movements have been converging.
Fundamentals
VLE.TO:
CA$1.25B
ATH.TO:
CA$5.84B
VLE.TO:
CA$0.16
ATH.TO:
CA$0.44
VLE.TO:
70.13
ATH.TO:
27.16
VLE.TO:
0.02
ATH.TO:
1.04
VLE.TO:
1.94
ATH.TO:
4.42
VLE.TO:
1.63
ATH.TO:
3.16
VLE.TO:
CA$645.16M
ATH.TO:
CA$1.35B
VLE.TO:
CA$201.47M
ATH.TO:
CA$518.18M
VLE.TO:
CA$277.23M
ATH.TO:
CA$505.02M
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Return for Risk
VLE.TO vs. ATH.TO — Risk / Return Rank
VLE.TO
ATH.TO
VLE.TO vs. ATH.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Valeura Energy Inc. (VLE.TO) and Athabasca Oil Corporation (ATH.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.
| VLE.TO | ATH.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.24 | ||
| Sortino ratioReturn per unit of downside risk | -1.67 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.50 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 6.92 | -5.08 |
| Martin ratioReturn relative to average drawdown | 3.74 | 20.70 | -16.96 |
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
| VLE.TO | ATH.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 3.44 | -2.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.08 | 1.46 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.40 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | -0.04 | +0.05 |
Drawdowns
VLE.TO vs. ATH.TO - Drawdown Comparison
The maximum VLE.TO drawdown since its inception was -98.16%, roughly equal to the maximum ATH.TO drawdown of -99.44%. Use the drawdown chart below to compare losses from any high point for VLE.TO and ATH.TO.
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Drawdown Indicators
| VLE.TO | ATH.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.16% | -99.44% | +1.28% |
Max Drawdown (1Y)Largest decline over 1 year | -33.55% | -18.65% | -14.90% |
Max Drawdown (3Y)Largest decline over 3 years | -36.41% | -25.62% | -10.79% |
Max Drawdown (5Y)Largest decline over 5 years | -46.06% | -43.37% | -2.69% |
Max Drawdown (10Y)Largest decline over 10 years | -96.93% | -94.88% | -2.05% |
Current DrawdownCurrent decline from peak | -24.41% | -35.46% | +11.05% |
Average DrawdownAverage peak-to-trough decline | -75.27% | -73.93% | -1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.52% | 6.22% | +10.30% |
Volatility
VLE.TO vs. ATH.TO - Volatility Comparison
Valeura Energy Inc. (VLE.TO) has a higher volatility of 13.88% compared to Athabasca Oil Corporation (ATH.TO) at 12.88%. This indicates that VLE.TO's price experiences larger fluctuations and is considered to be riskier than ATH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VLE.TO | ATH.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.88% | 12.88% | +1.00% |
Volatility (6M)Calculated over the trailing 6-month period | 35.89% | 30.96% | +4.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.72% | 37.58% | +14.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 82.40% | 49.71% | +32.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 87.51% | 61.48% | +26.03% |
Dividends
VLE.TO vs. ATH.TO - Dividend Comparison
Neither VLE.TO nor ATH.TO has paid dividends to shareholders.
Financials
VLE.TO vs. ATH.TO - Financials Comparison
This section allows you to compare key financial metrics between Valeura Energy Inc. and Athabasca Oil Corporation. 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
VLE.TO vs. ATH.TO - Profitability Comparison
VLE.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Valeura Energy Inc. reported a gross profit of 38.19M and revenue of 130.20M. Therefore, the gross margin over that period was 29.3%.
ATH.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Athabasca Oil Corporation reported a gross profit of 134.91M and revenue of 377.38M. Therefore, the gross margin over that period was 35.8%.
VLE.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Valeura Energy Inc. reported an operating income of 5.94M and revenue of 130.20M, resulting in an operating margin of 4.6%.
ATH.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Athabasca Oil Corporation reported an operating income of 90.74M and revenue of 377.38M, resulting in an operating margin of 24.0%.
VLE.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Valeura Energy Inc. reported a net income of 8.11M and revenue of 130.20M, resulting in a net margin of 6.2%.
ATH.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Athabasca Oil Corporation reported a net income of 46.29M and revenue of 377.38M, resulting in a net margin of 12.3%.
Frequently Asked Questions
VLE.TO and ATH.TO have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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