Acquisition by Gregory Givens of 557 shares of Ovintiv subject to Rule 16b-3
| OVV Stock | CAD 64.00 0.16 0.25% |
About 53% of Ovintiv's investor base is interested to short. The current sentiment of investing in Ovintiv suggests that many traders are impartial. Ovintiv's investing sentiment overview a quick insight into current market opportunities from investing in Ovintiv. Many technical investors use Ovintiv stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Ovintiv |
Filed transaction by Ovintiv Officer: Evp & Coo. Grant, award or other acquisition pursuant to Rule 16b-3(d)
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Cash Flow Correlation
Ovintiv's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Ovintiv's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.Click cells to compare fundamentals
Ovintiv Fundamental Analysis
We analyze Ovintiv's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ovintiv using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ovintiv based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
Ovintiv is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Ovintiv Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ovintiv stock to make a market-neutral strategy. Peer analysis of Ovintiv could also be used in its relative valuation, which is a method of valuing Ovintiv by comparing valuation metrics with similar companies.
Peers
Ovintiv Related Equities
| ROMJ | Rubicon Organics | 3.13 | ||||
| HFP | Global X | 1.19 | ||||
| XHB | IShares Canadian | 1.07 | ||||
| 0P0000OXA6 | PHN Multi | 0.73 | ||||
| FTN-PA | Financial | 0.19 | ||||
| ALA-PA | Altagas Cum | 0.15 | ||||
| ECO | EcoSynthetix | 1.00 |
Check out Ovintiv Hype Analysis, Ovintiv Correlation and Ovintiv Performance. To learn how to invest in Ovintiv Stock, please use our How to Invest in Ovintiv guide.You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .