Cenovus Energy Potential Upside
| CVE Stock | | | CAD 31.00 0.21 0.68% |
Cenovus Energy potential upside lookup summarizes this and related technical indicators for Cenovus Energy. Coverage depends on data availability and normalization;
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Cenovus Energy has current Potential Upside of 4.15. Potential Upside is the amount of upward price movement an investor or an analyst expects of a particular equity instrument.
Potential Upside | = | 1PM2PM |
| = | 4.15 | |
| 1PM | = | First upper moment |
| 2PM | = | Second upper moment |
Cenovus Energy Potential Upside Peers Comparison
Cenovus Potential Upside Relative To Other Indicators
Cenovus Energy ranks as the leading stock in potential upside category among its top compatitors. It is currently under evaluation. in maximum drawdown category among its top compatitors reporting about
2.13 of Maximum Drawdown per Potential Upside. The ratio of Maximum Drawdown to Potential Upside for Cenovus Energy is roughly
2.13 Unlike using an educated guess on how high a stock could go calculate potential upside as the greater the potential dollar or percentage rise, the bigger the upside for the investment. Potential Upside is the reciprocal of the Value At Risk measure and can be interpreted as return on an investment relative to minimal acceptable return.
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