Cenovus Energy Stock Price on December 20, 2024

CVE Stock  USD 15.40  0.06  0.39%   
Below is the normalized historical share price chart for Cenovus Energy extending back to November 17, 2009. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cenovus Energy stands at 15.40, as last reported on the 11th of January 2025, with the highest price reaching 15.95 and the lowest price hitting 15.40 during the day.
IPO Date
17th of November 2009
200 Day MA
18.2343
50 Day MA
15.5422
Beta
2.623
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Cenovus Stock, it is important to understand the factors that can impact its price. Cenovus Energy secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Cenovus Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Cenovus Energy's Standard Deviation of 1.58, mean deviation of 1.24, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide.
  
At present, Cenovus Energy's Stock Based Compensation To Revenue is projected to increase slightly based on the last few years of reporting. . At present, Cenovus Energy's Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.80, whereas Price Earnings To Growth Ratio is projected to grow to (0.32). Cenovus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.1236

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsCVE

Estimated Market Risk

 1.56
  actual daily
13
87% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.12
  actual daily
0
Most of other assets perform better
Based on monthly moving average Cenovus Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cenovus Energy by adding Cenovus Energy to a well-diversified portfolio.
Price Book
1.3936
Enterprise Value Ebitda
4.6098
Price Sales
0.5067
Shares Float
1.3 B
Dividend Share
0.775

Related Headline

Chevron Corp Headline on 20th of December 2024

French maritime data analytics platform Kpler wants to buy ship tracking company Spire Maritime, whose satellite data is a vital resource for oil traders and shipping companies, but some Spire customers fear Kpler will cut them off and have raised antitrust concerns to U.S. authorities, sources familiar with the matter say. The 241 million deal announced on Nov. 13 would give Kpler control over Spires satellites and maritime Automatic Identification System data stream, which tracks ships

Cenovus Energy Valuation on December 20, 2024

It is possible to determine the worth of Cenovus Energy on a given historical date. On December 20, 2024 Cenovus was worth 14.25 at the beginning of the trading date compared to the closed value of 14.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cenovus Energy stock. Still, in general, we apply an absolute valuation method to find Cenovus Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cenovus Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cenovus Energy's related companies.
 Open High Low Close Volume
  14.71    14.76    14.32    14.35    7,858,553  
12/20/2024
  14.25    14.62    14.20    14.42    7,110,456  
  14.37    14.72    14.25    14.66    6,820,127  
Backtest Cenovus Energy  |  Cenovus Energy History  |  Cenovus Energy Valuation   PreviousNext  
Open Value
14.25
14.42
Closing Value
18.93
Upside

Cenovus Energy Trading Date Momentum on December 20, 2024

On December 23 2024 Cenovus Energy was traded for  14.66  at the closing time. Highest Cenovus Energy's price during the trading hours was 14.72  and the lowest price during the day was  14.25 . The net volume was 6.8 M. The overall trading history on the 23rd of December contributed to the next trading period price growth. The overall trading delta to the next next day price was 1.66% . The overall trading delta to current price is 1.73% .

Cenovus Energy Fundamentals Correlations and Trends

By evaluating Cenovus Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cenovus Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cenovus financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Cenovus Energy Stock history

Cenovus Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cenovus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cenovus Energy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cenovus Energy stock prices may prove useful in developing a viable investing in Cenovus Energy
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.2 B1.2 B
Net Income Applicable To Common Shares7.4 B7.7 B

Cenovus Energy Stock Technical Analysis

Cenovus Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Cenovus Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cenovus Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Cenovus Energy Period Price Range

Low
January 11, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Cenovus Energy cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Cenovus Energy January 11, 2025 Market Strength

Market strength indicators help investors to evaluate how Cenovus Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cenovus Energy shares will generate the highest return on investment. By undertsting and applying Cenovus Energy stock market strength indicators, traders can identify Cenovus Energy entry and exit signals to maximize returns

Cenovus Energy Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cenovus Energy's price direction in advance. Along with the technical and fundamental analysis of Cenovus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cenovus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Cenovus Stock analysis

When running Cenovus Energy's price analysis, check to measure Cenovus Energy'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 Cenovus Energy is operating at the current time. Most of Cenovus Energy's value examination focuses on studying past and present price action to predict the probability of Cenovus Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cenovus Energy's price. Additionally, you may evaluate how the addition of Cenovus Energy to your portfolios can decrease your overall portfolio volatility.
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Equity Valuation
Check real value of public entities based on technical and fundamental data