Cenovus Energy Buy Hold or Sell Recommendation

CVE -- USA Stock  

USD 8.17  0.11  1.33%

Considering 30-days investment horizon, and your above average risk tolerance our recommendation regarding Cenovus Energy is 'Strong Hold'. Macroaxis provides Cenovus Energy buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding CVE positions. The advice algorithm takes into account all of Cenovus Energy available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from CVE buy-and-hold prospective. Check also Cenovus Energy Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.

Time Horizon

Risk Tolerance

Symbol
Execute Advice
Sell Cenovus EnergyBuy Cenovus Energy
Strong Hold

Volatility

Hype Condition

Current Valuation

Odds of Distress

Economic Sensitivity

Analyst Consensus

Piotroski F Score

Financial Leverage

Inapplicable
For the selected time horizon Cenovus Energy has a risk adjusted performance of (0.07), jensen alpha of (0.15), total risk alpha of (0.12), sortino ratio of 0.0 and treynor ratio of (0.17)
We provide buy or sell advice to complement the prevailing expert consensus on Cenovus Energy. Our dynamic recommendation engine makes use of multi - dimensional algorithm to analyze the company potential to grow using all technical and fundamental data available at the time. To make sure Cenovus Energy is not overpriced, please confirm all Cenovus Energy fundamentals including its Price to Book, Total Debt, Number of Employees, as well as the relationship between EBITDA and Cash Flow from Operations . Given that Cenovus Energy has Price to Earning of 5.63X, we suggest you validate Cenovus Energy market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Cenovus Energy Trading Alerts and Improvement Suggestions

Cenovus Energy generates negative expected return over the last 30 days
The company reported last year revenue of 16.07B. Reported Net Loss for the year was (1.76B) with profit before taxes, overhead, and interest of 3.97B.
About 66.0% of the company shares are held by institutions such as insurance companies

Cenovus Energy current analysts recommendations

Target Median Price11.22
Target Mean Price10.85
Recommendation Mean2.50
Target High Price13.38
Number Of Analyst Opinions14
Target Low Price7.87

Cenovus Energy Returns Distribution Density

Mean Return0.16Value At Risk3.47
Potential Upside2.78Standard Deviation2.01
 Return Density 
      Distribution 

Cenovus Energy Greeks

α
Alpha over DOW
=0.15
β
Beta against DOW=1.00
σ
Overall volatility
=2.03
Ir
Information ratio =0.07

Cenovus Energy Volatility Alert

Cenovus Energy exhibits very low volatility with skewness of -0.22 and kurtosis of -0.02. However, we advise investors to further study Cenovus Energy technical indicators to make sure all market info is available and is reliable.
    
 Better Than Average     
    
 Worse Than Average Compare Cenovus Energy to competition

Cenovus Energy Fundamental Vs Peers

FundamentalsCenovus EnergyPeer Average
Return On Equity1.59% (0.31)%
Return On Asset(0.55)% (0.14)%
Profit Margin1.41% (1.27)%
Current Valuation10.49B16.62B
Shares Outstanding1.23B571.82M
Shares Owned by Insiders17.16% 10.09%
Shares Owned by Institutions65.84% 39.21%
Number of Shares Shorted36.96M4.71M
Price to Earning5.63X28.72X
Price to Book0.77X9.51X
Price to Sales0.61X11.42X
Revenue16.07B9.43B
Gross Profit3.97B27.38B
EBITDA1.72B3.9B
Net Income(1.76B)570.98M
Cash and Equivalents1.4B2.7B
Cash per Share1.14X5.01X
Total Debt7.38B5.32B
Debt to Equity45.60% 48.70%
Current Ratio1.02X2.16X
Book Value Per Share11.39X1.93K
Cash Flow from Operations903.94M971.22M
Short Ratio10.24X4.00X
Earnings Per Share(0.42)X3.12X
Price to Earnings To Growth0.60X4.89X
Number of Employees2.26K18.84K
Beta1.34-0.15
Market Capitalization10.63B19.03B
Total Asset25.79B29.47B
Working Capital4.62B1.48B
Current Asset6.47B9.34B
Current Liabilities1.86B7.9B
Z Score0.68.72
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