Ovintiv Stock Price History
OVV Stock | USD 49.94 0.96 1.89% |
Below is the normalized historical share price chart for Ovintiv extending back to August 21, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ovintiv stands at 49.94, as last reported on the 13th of May 2024, with the highest price reaching 51.32 and the lowest price hitting 49.85 during the day.
If you're considering investing in Ovintiv Stock, it is important to understand the factors that can impact its price. Ovintiv appears to be very steady, given 3 months investment horizon. Ovintiv maintains Sharpe Ratio (i.e., Efficiency) of 0.18, which implies the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ovintiv, which you can use to evaluate the volatility of the company. Please evaluate Ovintiv's Risk Adjusted Performance of 0.1188, coefficient of variation of 547.92, and Semi Deviation of 1.23 to confirm if our risk estimates are consistent with your expectations.
Total Stockholder Equity is likely to drop to about 8.3 B in 2024. Common Stock Total Equity is likely to drop to about 2.6 M in 2024. At this time, Ovintiv's Price To Sales Ratio is fairly stable compared to the past year. Price To Operating Cash Flows Ratio is likely to climb to 3.50 in 2024, whereas Price Book Value Ratio is likely to drop 1.08 in 2024. Ovintiv Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 8th of April 2002 | 200 Day MA 47.0482 | 50 Day MA 51.9038 | Beta 2.666 |
Ovintiv |
Sharpe Ratio = 0.1827
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
1.58 actual daily | 13 87% of assets are more volatile |
Expected Return
0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Ovintiv is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Ovintiv by adding it to a well-diversified portfolio.
Price Book 1.3938 | Enterprise Value Ebitda 4.5061 | Price Sales 1.3557 | Shares Float 265.4 M | Dividend Share 1.2 |
Ovintiv Stock Price History Chart
There are several ways to analyze Ovintiv Stock price data. The simplest method is using a basic Ovintiv candlestick price chart, which shows Ovintiv price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest Price | April 9, 2024 | 55.56 |
Lowest Price | February 20, 2024 | 44.08 |
Ovintiv May 13, 2024 Stock Price Synopsis
Various analyses of Ovintiv's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Ovintiv Stock. It can be used to describe the percentage change in the price of Ovintiv from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Ovintiv Stock.Ovintiv Price Daily Balance Of Power | (0.65) | |
Ovintiv Price Action Indicator | (1.13) | |
Ovintiv Price Rate Of Daily Change | 0.98 |
Ovintiv May 13, 2024 Stock Price Analysis
Ovintiv Stock Price History Data
The price series of Ovintiv for the period between Tue, Feb 13, 2024 and Mon, May 13, 2024 has a statistical range of 14.24 with a coefficient of variation of 7.22. The daily prices for the period are spread out with arithmetic mean of 50.18. The median price for the last 90 days is 51.2. The company underwent 1:5 stock split on 27th of January 2020. Ovintiv issued dividends to stockholders on 2024-06-14.Open | High | Low | Close | Volume | ||
05/13/2024 | 51.19 | 51.32 | 49.85 | 49.94 | ||
05/10/2024 | 51.19 | 51.32 | 49.85 | 49.94 | 2,806,434 | |
05/09/2024 | 51.22 | 51.64 | 50.61 | 50.90 | 3,220,901 | |
05/08/2024 | 51.10 | 51.76 | 49.82 | 50.91 | 6,413,799 | |
05/07/2024 | 52.27 | 52.90 | 52.27 | 52.51 | 2,864,501 | |
05/06/2024 | 51.82 | 52.85 | 51.82 | 52.41 | 2,490,196 | |
05/03/2024 | 51.20 | 51.64 | 50.58 | 51.54 | 2,782,248 | |
05/02/2024 | 51.25 | 51.66 | 50.87 | 51.07 | 2,210,313 | |
05/01/2024 | 51.07 | 51.29 | 49.97 | 50.73 | 2,401,497 | |
04/30/2024 | 53.14 | 53.16 | 51.27 | 51.32 | 2,507,972 | |
04/29/2024 | 53.05 | 53.57 | 52.90 | 53.51 | 1,371,122 | |
04/26/2024 | 53.01 | 53.47 | 52.71 | 53.26 | 1,139,322 | |
04/25/2024 | 53.07 | 53.45 | 52.31 | 53.14 | 1,573,447 | |
04/24/2024 | 52.46 | 53.07 | 52.36 | 52.90 | 2,115,781 | |
04/23/2024 | 51.89 | 52.90 | 51.45 | 52.77 | 1,636,231 | |
04/22/2024 | 51.80 | 52.63 | 51.22 | 52.18 | 2,049,676 | |
04/19/2024 | 51.44 | 52.52 | 51.31 | 51.98 | 1,842,831 | |
04/18/2024 | 52.00 | 52.39 | 51.24 | 51.53 | 1,958,237 | |
04/17/2024 | 52.26 | 52.70 | 51.27 | 51.75 | 2,636,359 | |
04/16/2024 | 52.13 | 52.52 | 51.16 | 52.29 | 3,247,483 | |
04/15/2024 | 54.13 | 54.23 | 52.15 | 52.57 | 3,767,783 | |
04/12/2024 | 55.22 | 55.77 | 53.58 | 53.74 | 3,575,533 | |
04/11/2024 | 55.51 | 55.61 | 54.16 | 54.86 | 2,721,474 | |
04/10/2024 | 55.44 | 55.95 | 54.97 | 55.52 | 3,208,105 | |
04/09/2024 | 55.64 | 55.66 | 54.58 | 55.56 | 2,808,453 | |
04/08/2024 | 55.43 | 55.53 | 54.73 | 55.35 | 1,663,784 | |
04/05/2024 | 54.72 | 55.52 | 54.44 | 55.27 | 2,162,548 | |
04/04/2024 | 54.41 | 54.62 | 54.06 | 54.48 | 2,273,298 | |
04/03/2024 | 52.56 | 54.12 | 52.49 | 54.12 | 2,910,887 | |
04/02/2024 | 52.34 | 52.51 | 51.70 | 52.51 | 3,768,418 | |
04/01/2024 | 52.11 | 52.39 | 51.61 | 52.10 | 3,485,002 | |
03/29/2024 | 51.84 | 52.06 | 51.62 | 51.90 | 3,305,242 | |
03/28/2024 | 51.84 | 52.06 | 51.62 | 51.90 | 3,305,242 | |
03/27/2024 | 51.00 | 51.54 | 50.92 | 51.36 | 2,990,417 | |
03/26/2024 | 51.76 | 51.92 | 51.18 | 51.20 | 3,054,774 | |
03/25/2024 | 51.01 | 51.90 | 51.01 | 51.72 | 4,017,126 | |
03/22/2024 | 51.55 | 51.69 | 50.85 | 50.95 | 2,846,803 | |
03/21/2024 | 51.43 | 52.09 | 51.33 | 51.50 | 3,251,852 | |
03/20/2024 | 50.67 | 51.74 | 50.51 | 51.47 | 3,635,355 | |
03/19/2024 | 50.54 | 51.21 | 50.47 | 51.03 | 4,037,473 | |
03/18/2024 | 50.80 | 50.83 | 50.20 | 50.60 | 3,083,903 | |
03/15/2024 | 50.62 | 51.13 | 50.17 | 50.46 | 14,056,615 | |
03/14/2024 | 51.55 | 51.72 | 50.76 | 50.87 | 3,872,122 | |
03/13/2024 | 51.14 | 51.91 | 51.09 | 51.43 | 3,125,467 | |
03/12/2024 | 50.72 | 50.90 | 50.19 | 50.58 | 3,274,391 | |
03/11/2024 | 49.26 | 50.78 | 48.99 | 50.33 | 3,136,408 | |
03/08/2024 | 49.30 | 49.90 | 49.17 | 49.17 | 4,450,625 | |
03/07/2024 | 49.56 | 49.86 | 48.91 | 48.91 | 6,122,473 | |
03/06/2024 | 49.45 | 50.09 | 49.20 | 49.20 | 3,053,507 | |
03/05/2024 | 48.76 | 49.30 | 48.47 | 48.47 | 2,819,048 | |
03/04/2024 | 50.00 | 50.29 | 48.60 | 48.60 | 4,320,866 | |
03/01/2024 | 49.65 | 50.72 | 49.46 | 50.11 | 3,695,808 | |
02/29/2024 | 48.21 | 49.53 | 47.64 | 49.12 | 4,836,149 | |
02/28/2024 | 46.23 | 48.23 | 45.55 | 47.57 | 5,716,861 | |
02/27/2024 | 46.18 | 46.65 | 45.79 | 45.79 | 3,736,467 | |
02/26/2024 | 45.83 | 46.24 | 45.45 | 45.70 | 2,602,121 | |
02/23/2024 | 45.53 | 46.13 | 45.23 | 45.70 | 1,953,555 | |
02/22/2024 | 45.91 | 46.76 | 45.85 | 45.99 | 2,582,053 | |
02/21/2024 | 44.68 | 46.32 | 44.42 | 46.04 | 2,708,500 | |
02/20/2024 | 44.74 | 45.03 | 44.08 | 44.08 | 2,117,957 | |
02/16/2024 | 44.31 | 45.11 | 44.08 | 44.57 | 2,470,844 |
About Ovintiv Stock history
Ovintiv investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ovintiv is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ovintiv will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ovintiv stock prices may prove useful in developing a viable investing in Ovintiv
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 263.9 M | 202.4 M | |
Net Income Applicable To Common Shares | 4.2 B | 4.4 B |
Ovintiv Stock Technical Analysis
Ovintiv technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
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Ovintiv Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ovintiv's price direction in advance. Along with the technical and fundamental analysis of Ovintiv Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ovintiv to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1188 | |||
Jensen Alpha | 0.2355 | |||
Total Risk Alpha | 0.0917 | |||
Sortino Ratio | 0.1291 | |||
Treynor Ratio | 0.4513 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Ovintiv. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real. For more information on how to buy Ovintiv Stock please use our How to Invest in Ovintiv guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Ovintiv Stock analysis
When running Ovintiv's price analysis, check to measure Ovintiv'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 Ovintiv is operating at the current time. Most of Ovintiv's value examination focuses on studying past and present price action to predict the probability of Ovintiv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ovintiv's price. Additionally, you may evaluate how the addition of Ovintiv to your portfolios can decrease your overall portfolio volatility.
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Is Ovintiv'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 Ovintiv. If investors know Ovintiv 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 Ovintiv 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 (0.37) | Dividend Share 1.2 | Earnings Share 7.17 | Revenue Per Share 39.271 | Quarterly Revenue Growth (0.08) |
The market value of Ovintiv is measured differently than its book value, which is the value of Ovintiv that is recorded on the company's balance sheet. Investors also form their own opinion of Ovintiv's value that differs from its market value or its book value, called intrinsic value, which is Ovintiv'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 Ovintiv's market value can be influenced by many factors that don't directly affect Ovintiv'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 Ovintiv's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ovintiv is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ovintiv'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.