Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2026-07-30), Cenovus Energy's 6-1 Month Momentum % is 30.96%.
The industry rank for Cenovus Energy's 6-1 Month Momentum % or its related term are showing as below:
TSX:CVE's 6-1 Month Momentum % is ranked better than 85.12% of 1015
companies
in the Oil & Gas industry
Industry Median: 0.35
vs TSX:CVE: 30.96
Cenovus Energy (TSX:CVE) 6-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Cenovus Energy 6-1 Month Momentum % Related Terms
TSX:CVE vs XOM, CVX: 6-1 Month Momentum % Comparison
For the Oil & Gas Integrated subindustry, Cenovus Energy's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cenovus Energy 6-1 Month Momentum % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cenovus Energy's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Cenovus Energy's 6-1 Month Momentum % falls into.
Cenovus Energy (TSX:CVE) 6-1 Month Momentum % Calculation
6-1 Month Momentum % is calculated as following:
6-1 Month Momentum %
=
( Price 1-month ago
/
Price 6-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cenovus Energy (TSX:CVE) has a 6-1 Month Momentum % of 30.96% as of Jul. 30, 2026. 6-1 Month Momentum measures the total return of the stock from 6-month ago to 1-month ago. View historical data on Cenovus Energy and its competitors. According to the industry distribution chart, Cenovus Energy ranks #151 out of 1015 companies in the Oil & Gas industry, placing it in the top 14.9%.
Is Cenovus Energy's 6-1 Month Momentum % too high?
Cenovus Energy's current 6-1 Month Momentum % is 30.96%. The Oil & Gas industry median 6-1 Month Momentum % is 0.35. Cenovus Energy's value of 30.96% is 8745.7% above this industry median. Based on the distribution chart, Cenovus Energy ranks #151 out of 1015 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Cenovus Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cenovus Energy's 6-1 Month Momentum % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Cenovus Energy ranks #151 out of 1015 companies for 6-1 Month Momentum %. This places Cenovus Energy in the top 15% of its industry — outperforming the majority of peers. The industry median 6-1 Month Momentum % is 0.35. Cenovus Energy's value of 30.96% is 8745.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 6-1 Month Momentum % for an Oil & Gas company?
The median 6-1 Month Momentum % among Oil & Gas companies is 0.35, based on 1,015 companies in the industry. Companies in the top quartile (top 25%) have a 6-1 Month Momentum % significantly above this median, while those in the bottom quartile fall well below. However, 6-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cenovus Energy's current 6-1 Month Momentum % of 30.96% is 8745.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 6-1 Month Momentum % mean?
A high 6-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 6-1 Month Momentum measures the total return of the stock from 6-month ago to 1-month ago. View historical data on Cenovus Energy and its competitors. For the Oil & Gas industry, the median 6-1 Month Momentum % is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cenovus Energy's current 6-1 Month Momentum % is 30.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cenovus Energy stock overvalued right now?
Based on GuruFocus' analysis, Cenovus Energy (TSX:CVE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$22.13, compared to a current price of C$42.48 — trading 92% above its estimated fair value. The current 6-1 Month Momentum % is 30.96% and 8745.7% above the Oil & Gas industry median of 0.35. Cenovus Energy's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 6-1 Month Momentum % calculated?
6-1 Month Momentum % is calculated from a company's financial statements. For Cenovus Energy (TSX:CVE), the current 6-1 Month Momentum % is 30.96% as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cenovus Energy (TSX:CVE) Overvalued in 2026?
Based on GuruFocus' analysis, Cenovus Energy stock appears to be overvalued.
The current stock price of C$42.48 is trading 92% above its estimated GF Value™ of C$22.13.
GuruFocus considers Cenovus Energy to be Significantly Overvalued.
Key valuation signals for TSX:CVE:
6-1 Month Momentum %: 30.96%
GF Value™: C$22.13 vs. price of C$42.48 (92% above fair value)
Industry Position: 8745.7% above the Oil & Gas median (#151 of 1015)
No single metric tells the full story. See the TSX:CVE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cenovus Energy Inc is a Canadian integrated energy group. The group's upstream operations include oil sands projects in northern Alberta; thermal and conventional crude oil, natural gas, and natural gas liquids (NGLs) projects across Western Canada; crude oil production offshore Newfoundland and Labrador; and natural gas and NGLs production offshore China and Indonesia. Its downstream operations include upgrading and refining operations in Canada and the U.S., and commercial fuel operations across Canada. The group's reportable segments are: Oil Sands, Conventional, Offshore, Canadian Refining, U.S Refining, and Corporate and Eliminations. Maximum revenue is generated from its Oil Sands segment. Geographically, the group derives maximum revenue from the U.S., followed by Canada and China.
60GF Score
Get the complete analysis for TSX:CVE
6-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSX:CVE has been successfully added to your 
