Ovintiv Market Risk Adjusted Performance
| OVV Stock | | | USD 59.00 2.06 3.62% |
The Market Risk Adjusted Performance calculation for Ovintiv draws on price and volume history. Each data point is derived from standardized price and volume feeds. Ovintiv has a market cap of 16.14 B, operating margin of 23.81%, current ratio of 0.51.
Your Equity Center adds portfolio-level perspective. Tracking Ovintiv in a portfolio provides context for performance attribution. Sector and industry exposure becomes visible in the portfolio breakdown. Broader economic conditions can influence Ovintiv's company valuation — related indicators include
signals in persons.
The fundamentals of trading Ovintiv Stock are covered in our
How to Buy Ovintiv walkthrough.
Ovintiv has current Market Risk Adjusted Performance of 9.24.
MRAP | = | ER[a] + (1/BETA - 1) | X | ER[a] - RFR) |
| = | 9.24 | |
| ER[a] | = | Expected return on investing in Ovintiv |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
| BETA | = | Beta of the asset with market or selected benchmark. |
Market Risk Adjusted Performance Peers Comparison
Market Risk Adjusted Performance Relative To Other Indicators
Ovintiv falls in the
second position for market risk adjusted performance across the peer group. It is currently under evaluation for maximum drawdown across the peer group reflecting a
0.92 ratio of Maximum Drawdown to Market Risk Adjusted Performance. Ovintiv's Market Risk Adjusted Performance exceeds Maximum Drawdown by a factor of
1.08 Other Technical Indicators