Cenovus Energy Stock Analysis

Cenovus Stock Analysis Notes

About 32.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.39. Some equities with similar Price to Book (P/B) outperform the market in the long run. Cenovus Energy has Price/Earnings To Growth (PEG) ratio of 0.28. The entity last dividend was issued on the 13th of December 2024. Cenovus Energy Inc., together with its subsidiaries, develops, produces, and markets crude oil, natural gas liquids, and natural gas in Canada, the United States, and the Asia Pacific region. Cenovus Energy Inc. was founded in 2009 and is headquartered in Calgary, Canada. CENOVUS ENERGY operates under Oil Gas Integrated classification in Canada and is traded on Toronto Stock Exchange. It employs 5938 people. For more info on Cenovus Energy please contact Alexander Pourbaix at 403 766 2000 or go to https://www.cenovus.com.

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Cenovus Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 40.42 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Cenovus Energy's market, we take the total number of its shares issued and multiply it by Cenovus Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Cenovus Profitablity

The company has Profit Margin (PM) of 0.07 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.07 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.07.

Management Efficiency

Cenovus Energy has return on total asset (ROA) of 0.0576 % which means that it generated a profit of $0.0576 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.128 %, meaning that it generated $0.128 on every $100 dollars invested by stockholders. Cenovus Energy's management efficiency ratios could be used to measure how well Cenovus Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to drop to 0.04. In addition to that, Return On Capital Employed is likely to drop to 0.07. At this time, Cenovus Energy's Other Current Assets are very stable compared to the past year. As of the 29th of November 2024, Other Assets is likely to grow to about 1 B, while Total Assets are likely to drop about 35.9 B.

Technical Drivers

As of the 29th of November, Cenovus Energy shows the Standard Deviation of 1.78, risk adjusted performance of (0.07), and Mean Deviation of 1.37. Cenovus Energy technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Cenovus Energy Price Movement Analysis

Cenovus Energy Outstanding Bonds

Cenovus Energy Predictive Daily Indicators

Cenovus Energy Forecast Models

Cenovus Energy's time-series forecasting models are one of many Cenovus Energy's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Cenovus Energy's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Cenovus Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Cenovus shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Cenovus Energy. By using and applying Cenovus Stock analysis, traders can create a robust methodology for identifying Cenovus entry and exit points for their positions.

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cenovus Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Cenovus Stock, please use our How to Invest in Cenovus Energy guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.