Cenovus Stock Volatility Indicators Average True Range

CVE
 Stock
  

USD 19.65  0.24  1.21%   

Cenovus Energy volatility indicators tool provides the execution environment for running the Average True Range indicator and other technical functions against Cenovus Energy. Cenovus Energy value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of volatility indicators indicators. As with most other technical indicators, the Average True Range indicator function is designed to identify and follow existing trends. Cenovus Energy volatility indicators enable investors to predict price movements based on how different True Range indicators change over time. Please specify Time Period to run this model.

Indicator
Time Period
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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Cenovus Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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Cenovus Energy Technical Analysis Modules

Most technical analysis of Cenovus Energy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Cenovus from various momentum indicators to cycle indicators. When you analyze Cenovus charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Cenovus Energy Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Cenovus Energy. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cenovus Energy based on widely used predictive technical indicators. In general, we focus on analyzing Cenovus Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cenovus Energy's daily price indicators and compare them against related drivers, such as volatility indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Cenovus Energy's intrinsic value. In addition to deriving basic predictive indicators for Cenovus Energy, we also check how macroeconomic factors affect Cenovus Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2019 2020 2021 2022 (projected)
Book Value per Share15.6313.611.6914.16
Asset Turnover0.570.410.870.71
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Cenovus Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Cenovus Energy in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
16.4719.7523.03
Details
Intrinsic
Valuation
LowReal ValueHigh
13.2216.5021.93
Details
7 Analysts
Consensus
LowTarget PriceHigh
15.2017.1019.50
Details
Earnings
Estimates (2)
LowProjected EPSHigh
0.740.800.86
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Cenovus Energy. Your research has to be compared to or analyzed against Cenovus Energy's peers to derive any actionable benefits. When done correctly, Cenovus Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Cenovus Energy.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cenovus Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cenovus Energy's short interest history, or implied volatility extrapolated from Cenovus Energy options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Invested over 20 shares
Impulse
Invested over 200 shares
Investor Favorites
Invested few shares
Top FinTech
Invested over 60 shares
Disruptive Technologies
Invested few shares
Macroaxis Index
Invested one share
Continue to Trending Equities. You can also try Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for analysis

When running Cenovus Energy 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 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.
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Is Cenovus Energy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cenovus Energy. If investors know Cenovus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cenovus Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
2.02
Market Capitalization
38.5 B
Quarterly Revenue Growth YOY
0.38
Return On Assets
0.11
Return On Equity
0.2
The market value of Cenovus Energy is measured differently than its book value, which is the value of Cenovus that is recorded on the company's balance sheet. Investors also form their own opinion of Cenovus Energy's value that differs from its market value or its book value, called intrinsic value, which is Cenovus Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cenovus Energy's market value can be influenced by many factors that don't directly affect Cenovus Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cenovus Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Cenovus Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cenovus Energy'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.