Ovintiv Inventory from 2010 to 2024

OVV Stock  USD 45.49  0.23  0.50%   
Ovintiv Inventory yearly trend continues to be fairly stable with very little volatility. Inventory is likely to outpace its year average in 2024. During the period from 2010 to 2024, Ovintiv Inventory regression line of quarterly data had r-squared of  0.41 and coefficient of variation of  209.56. View All Fundamentals
 
Inventory  
First Reported
2001-09-30
Previous Quarter
25 M
Current Value
61 M
Quarterly Volatility
340.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Ovintiv financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ovintiv's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 467.4 M or Total Revenue of 7.9 B, as well as many indicators such as Price To Sales Ratio of 1.2, Dividend Yield of 0.0343 or PTB Ratio of 1.08. Ovintiv financial statements analysis is a perfect complement when working with Ovintiv Valuation or Volatility modules.
  
Check out the analysis of Ovintiv Correlation against competitors.
For more information on how to buy Ovintiv Stock please use our How to Invest in Ovintiv guide.

Latest Ovintiv's Inventory Growth Pattern

Below is the plot of the Inventory of Ovintiv over the last few years. It is Ovintiv's Inventory historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ovintiv's overall financial position and show how it may be relating to other accounts over time.
Inventory10 Years Trend
Slightly volatile
   Inventory   
       Timeline  

Ovintiv Inventory Regression Statistics

Arithmetic Mean54,897,793
Coefficient Of Variation209.56
Mean Deviation76,347,352
Median23,000,000
Standard Deviation115,043,930
Sample Variance13235.1T
Range428M
R-Value(0.64)
Mean Square Error8368.7T
R-Squared0.41
Significance0.01
Slope(16,528,994)
Total Sum of Squares185291.5T

Ovintiv Inventory History

2024-47 M
2023-49.5 M
2022-55 M
2021M
202023 M
2018M

Other Fundumenentals of Ovintiv

About Ovintiv Financial Statements

Ovintiv investors use historical fundamental indicators, such as Ovintiv's Inventory, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Ovintiv. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Inventory-49.5 M-47 M
Change To Inventory292.1 M306.7 M
Inventory Turnover 443.40  465.57 
Days Of Inventory On Hand 0.85  0.81 
Days Of Inventory Outstanding 0.85  0.81 

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Additional Tools for Ovintiv Stock Analysis

When running Ovintiv's price analysis, check to measure Ovintiv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.