Price in deferred time of 15 minutes
|
Last quote
10/23/2024 -
15:07:04
|
Bid
10/23/2024 -
15:07:26
|
Bid Volume |
Ask
10/23/2024 -
15:07:26
|
Ask Volume |
|---|---|---|---|---|
|
39.39
-1.03
(
-2.55% )
|
39.39
|
600 |
39.41
|
600 |
Analysis date: 18.10.2024
Global Evaluation
Slightly negative
Slightly negative
The stock is classified in the slightly negative zone since 27.09.2024.
Interest
Weak
Weak
Weak interest since 18.10.2024.
Earnings Rev Trend
Negative
Negative
Compared to seven weeks ago, the analysts have lowered their earnings per share estimates. This negative trend began 17.09.2024 at a price of 54.27.
Evaluation
Undervalued
Undervalued
Based on its growth potential and our own criteria, at its current price the stock is moderately undervalued.
MT Tech Trend
Neutral
Neutral
The stock is currently trading close to its forty day moving average (changes between +1.75% and -1.75% are considered neutral). Prior to this (since 04.10.2024), the stock traded above its moving average. The confirmed Technical Reverse point (Tech Reverse - 1.75%) is 55.697.
4wk Rel Perf
-1.67%
-1.67%
The four week relative underperformance versus TSX Composite is 1.67%.
Sensibility
High
High
The stock has been on the high-sensitivity level since 27.09.2024.
Bear Market Factor
High
High
On average, the stock has a tendency to amplify the drops in the index by 1.03%.
Bad News Factor
Low
Low
When the stock's pressure is specific, the market sanction on average is 1.87%.
Mkt Cap in $bn
10.75
10.75
With a market capitalization >$8bn, OVINTIV is considered a large-cap stock.
G/PE Ratio
1.65
1.65
A ratio (Forecasted Growth + Estimated Dividend Yield/ Estimated Price Earnings) higher than 1.6 often suggests the projected growth is a result of a base effect, meaning the company can often be in a turn around situation. In this case, the estimated PE is a better indicator of a stock's expected growth than the Long Term Growth (LT Growth).
LT P/E
7.29
7.29
The estimated PE is for the year 2026.
LT Growth
9.10%
9.10%
The annualized growth estimate is for the current year to 2026.
Avg. Nb analysts
18
18
Over the last seven weeks, an average of 18 analysts provided earnings per share estimates.
Dividend Yield
2.94%
2.94%
The twelve month estimated dividend yield represents 21.45% of earnings forecasts.
Beta
125
125
For 1% of index variation, the stock varies on average by 1.25%.
Correlation
0.51
0.51
50.54% of stock movements are explained by index variations.
Value at Risk
13.52
13.52
The value at risk is estimated at CAD 13.52. The risk is therefore 24.01%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.
First Analysis Date
15.10.2003
15.10.2003