Canadian Competitors

Stocks . Germany . 
Stock . Canadian Natural Resources
CRC Stock  EUR 28.76  0.32  1.13%   
Canadian Natural Res competes with Compugroup Medical, ONWARD MEDICAL, SBI Insurance, Avanos Medical, and HANOVER INSURANCE; as well as few others. The company classifies itself under Energy sector and is part of Oil & Gas E&P industry. Analyzing Canadian Natural competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Canadian Natural to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Canadian Natural Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Canadian Natural competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
26.9028.4429.98
Details
Intrinsic
Valuation
LowRealHigh
28.1929.7231.26
Details
Naive
Forecast
LowNextHigh
26.7328.2729.81
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.1230.2332.34
Details

Canadian Natural Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Canadian Natural and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Canadian and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Canadian Natural Res does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
31F
+ 0.92
AF4
ZFI1
+ 0.88
31F
ZFI1
+ 0.86
AF4
ZFI1
+ 0.85
EEW
EEW
+ 0.77
COP
31F
+ 0.72
EEW
  
High negative correlations   
31F
- 0.77
8HH
AF4
- 0.71
8HH
ZFI1
- 0.67
8HH
8HH
- 0.67
EEW
8HH
- 0.64
COP
AF4
- 0.58
63E

Risk-Adjusted Indicators

There is a big difference between Canadian Stock performing well and Canadian Natural Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Canadian Natural's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Canadian Natural Competitive Analysis

The better you understand Canadian Natural competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Canadian Natural's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Canadian Natural's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
CRC COP 63E EEW 8HH AF4 31F ZFI1 CY9D
 1.13 
 28.76 
Canadian
 0.64 
 21.58 
Compugroup
 7.73 
 4.74 
ONWARD
 5.43 
 6.10 
SBI
 1.96 
 15.60 
Avanos
 2.10 
 146.00 
HANOVER
 1.89 
 10.40 
MEDICAL
 0.70 
 28.20 
ZURICH
 2.13 
 0.92 
Microbot
Market Volatility
(90 Days Market Risk)
Very steady
Not too volatile
Moderately volatile
Somewhat reliable
Not too volatile
Very steady
Not too volatile
Very steady
Dangerous
Market Performance
(90 Days Performance)
Very Weak
Good
Very Weak
Modest
Very Weak
OK
OK
Modest
OK
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Quite High
Low
Low
Low
Low
Low
Quite High
Current Valuation
(Equity Enterprise Value)
Under Valued
Under Valued
Over Valued
Over Valued
Under Valued
Under Valued
Under Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Cautious Hold
Strong Buy
Strong Sell
Strong Sell
Cautious Hold
Strong Buy
Strong Buy
Strong Hold
Strong Hold
Current Ratio
0.78
0.94
N/A
N/A
N/A
N/A
1.14
N/A
N/A
Net Asset
76.67 B
1.79 B
N/A
192.11 B
1.79 B
14 B
N/A
377.78 B
16.77 M
Profit Margin
0.29
0.0625
N/A
N/A
N/A
N/A
0.0195
N/A
N/A
EBITDA
16.35 B
213.99 M
(33.44 M)
N/A
122.9 M
N/A
70.57 M
N/A
(11.28 M)
Operating Margin
0.41
0.0841
-19.04
N/A
N/A
N/A
0.14
N/A
N/A
Current Valuation
65.91 B
2.74 B
N/A
(34.56 M)
1.35 B
5.28 B
N/A
74.68 B
25.72 M
Price To Book
2.17
2.99
N/A
0.54
0.97
2.17
N/A
2.51
5.8
Five Year Return
3.85
0.99
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Beta
2.01
1.07
N/A
N/A
N/A
N/A
0.72
N/A
N/A
Number Of Employees
9.73 K
8.83 K
76
N/A
N/A
34
12
N/A
N/A
Shares Outstanding
1.11 B
52.23 M
N/A
N/A
N/A
N/A
26.15 M
N/A
N/A
Cash Flow From Operations
14.48 B
165.27 M
N/A
4.64 B
90.9 M
722.3 M
79.96 M
N/A
(9.35 M)
Annual Yield
0.0441
0.0107
N/A
N/A
N/A
0.0454
0.0411
N/A
N/A
Total Debt
13.69 B
587.08 M
N/A
N/A
226.3 M
782.4 M
233.27 M
13.97 B
N/A
Return On Equity
0.32
0.12
-2.89
N/A
N/A
N/A
0.22
N/A
N/A
Z Score
2.4
1.8
N/A
N/A
3.0
N/A
N/A
1.8
N/A
Return On Asset
0.14
0.033
-0.34
N/A
N/A
N/A
0.0875
N/A
N/A
Book Value Per Share
34.38
12.87
2.28
N/A
N/A
N/A
3.97
N/A
N/A
Total Asset
76.67 B
1.79 B
N/A
192.11 B
1.79 B
14 B
N/A
377.78 B
16.77 M
Debt To Equity
0.58
132.2
N/A
N/A
N/A
N/A
132.1
N/A
N/A
Last Dividend Paid
2.84
N/A
N/A
N/A
N/A
0.6
0.24
N/A
N/A
Target Price
N/A
51.81
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
77.76
29.81
39.43
N/A
N/A
N/A
18.77
N/A
N/A
Market Capitalization
59.98 B
2.34 B
34.4 M
206.13 M
1.26 B
N/A
146.54 M
55.12 B
30.34 M
Price To Earning
29.4
35.3
N/A
N/A
N/A
N/A
48.81
N/A
N/A
Price To Earnings To Growth
N/A
N/A
N/A
N/A
N/A
N/A
N/A
1.87
N/A
Price To Sales
1.36
1.76
N/A
0.24
1.6
0.94
N/A
1.48
N/A
Net Income
7.66 B
68.97 M
N/A
891 M
50.5 M
116 M
6.41 M
N/A
(11.31 M)
Earnings Per Share
7.13
1.36
-3.62
N/A
N/A
N/A
0.24
N/A
N/A
Shares Owned By Insiders
2.22
50.3
41.37
N/A
N/A
N/A
0.48
N/A
N/A
Revenue
32.85 B
1.03 B
1.78 M
N/A
820 M
5.47 B
415.79 M
N/A
N/A
Cash And Equivalents
637 M
44.29 M
N/A
N/A
N/A
N/A
46.52 M
N/A
N/A
Cash Per Share
0.54
0.91
N/A
N/A
N/A
N/A
1.5
N/A
N/A
Gross Profit
16.3 B
411.46 M
(10.58 M)
N/A
N/A
N/A
148.71 M
N/A
N/A
Day Typical Price
28.57
21.6
4.79
6.1
15.6
146.0
10.37
28.2
0.92
Accumulation Distribution
0.0198
0.0028
0.0817
N/A
N/A
N/A
0.0096
0.0141
0.0108
Market Facilitation Index
0.57
0.06
0.41
N/A
N/A
N/A
0.1
0.4
0.01
Daily Balance Of Power
0.5614
(2.33)
0.8293
(9,223,372,036,855)
9.2 T
9.2 T
(2.00)
(0.50)
(2.00)
Period Momentum Indicator
0.32
(0.14)
0.34
(0.35)
0.3
3.0
(0.20)
(0.20)
(0.02)
Rate Of Daily Change
1.01
0.99
1.08
0.95
1.02
1.02
0.98
0.99
0.98
Day Median Price
28.48
21.61
4.81
6.1
15.6
146.0
10.35
28.2
0.93
Price Action Indicator
0.45
(0.10)
0.095
(0.18)
0.15
1.5
(0.05)
(0.10)
(0.01)
Relative Strength Index
37.2
81.49
44.16
64.93
43.37
56.67
47.67
69.53
60.75
Coefficient Of Variation
(3,897)
557.74
4128.98
1382.53
(754.75)
842.57
846.49
907.05
972.15
Mean Deviation
1.23
2.4
2.04
1.19
1.92
1.11
1.57
0.6875
2.01
Jensen Alpha
(0.06)
0.8556
0.0632
0.1089
(0.43)
0.145
0.2144
0.0925
0.2771
Total Risk Alpha
(0.09)
0.725
(0.02)
0.0607
(0.51)
0.1218
0.171
0.0679
0.1997
Sortino Ratio
N/A
0.4413
0.0137
0.0427
N/A
0.0972
0.1176
0.079
0.1074
Downside Variance
N/A
3.61
12.08
3.8
N/A
2.09
3.04
0.8343
5.69
Standard Deviation
1.54
4.86
3.3
1.6
3.12
1.45
2.01
0.9467
2.8
Kurtosis
(0.10)
35.31
3.62
1.51
15.18
0.4766
2.04
1.9
2.52
Potential Upside
2.49
6.25
7.39
2.7
3.55
2.87
2.89
1.52
4.6
Treynor Ratio
(0.15)
3.55
0.2275
(0.67)
(1.05)
0.2056
0.3911
1.11
5.8
Maximum Drawdown
7.07
35.75
19.19
6.29
20.85
7.09
11.59
4.96
13.93
Variance
2.38
23.6
10.9
2.55
9.71
2.11
4.03
0.8962
7.85
Market Risk Adjusted Performance
(0.14)
3.56
0.2375
(0.66)
(1.04)
0.2156
0.4011
1.12
5.81
Risk Adjusted Performance
(0.02)
0.1504
0.0268
0.0623
(0.1)
0.0986
0.0996
0.089
0.0887
Skewness
0.0375
5.22
(0.31)
(0.63)
(2.46)
0.4677
0.7483
1.07
1.22
Semi Deviation
N/A
1.36
3.06
1.44
N/A
1.01
1.46
0.5061
1.76
Information Ratio
(0.05)
0.1727
0.0145
0.0522
(0.14)
0.0965
0.1021
0.0762
0.0914
Value At Risk
(2.46)
(3.21)
(3.61)
(2.36)
(3.76)
(2.03)
(2.78)
(1.37)
(3.26)
Expected Short fall
N/A
(3.21)
(2.49)
(1.57)
N/A
(1.64)
(2.09)
(1.30)
(3.17)
Downside Deviation
N/A
1.9
3.48
1.95
N/A
1.44
1.74
0.9134
2.38
Semi Variance
N/A
1.86
9.39
2.08
N/A
1.02
2.14
0.2561
3.09

Canadian Natural Competition Performance Charts

Five steps to successful analysis of Canadian Natural Competition

Canadian Natural's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Canadian Natural Res in relation to its competition. Canadian Natural's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Canadian Natural in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Canadian Natural's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Canadian Natural Res, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Canadian Natural position

In addition to having Canadian Natural in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Cannabis
Cannabis Theme
Equities that are involved in production and delivery of legal cannabis. This theme is designed for investors that are willing to accept higher levels of market risk inherited by cannabis production and distribution globally. The Cannabis theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cannabis Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Canadian Stock

When determining whether Canadian Natural Res is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Canadian Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Canadian Natural Resources Stock. Highlighted below are key reports to facilitate an investment decision about Canadian Natural Resources Stock:
How To Invest In Canadian
Details
Is Canadian Stock a good investment?
Details
What is Canadian Natural's Net Worth?
Details
Largest Oil & Gas Exploration & Production Companies
View
Largest Oil & Gas E&P Companies
View
Check out Canadian Natural Correlation with its peers.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Canadian Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if Canadian Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Canadian Natural's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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