CVE Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: CVE benefits from strategic investments, leading to improved cash flows and market confidence, potentially lifting prices.




Bearish Case: Operational inefficiencies and geopolitical tensions could persist, weighing on CVE's profitability and investor sentiment.




Potential Outcomes:
  • Recovery with strategic reinvestments and demand rise: 40%.
  • Flat performance from ongoing market skepticism: 35%.
  • Decline due to unforeseen geopolitical events: 25%.




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May 24, 2025


Cenovus Energy Forecast

CVE        Cenovus Energy











Correlated Assets

Assets that tend to move strongly with CVE



MUR Forecast + Options Trading Strategies   MUR  Murphy Oil (0.97)


TDW Forecast + Options Trading Strategies   TDW  Tidewater Inc. - New (0.97)


STNG Forecast + Options Trading Strategies   STNG  Scorpio Tankers (0.96)


ASH Forecast + Options Trading Strategies   ASH  Ashland (0.95)


NXPI Forecast + Options Trading Strategies   NXPI  NXP Semiconductors (0.94)



Uncorrelated Assets

Assets with little price relationship to CVE



MRVL Forecast + Options Trading Strategies   MRVL  Marvell Technology (-0.02)


APPN Forecast + Options Trading Strategies   APPN  Appian (0.02)


BIP Forecast + Options Trading Strategies   BIP  Brookfield Infrastructure (-0.02)


ACMR Forecast + Options Trading Strategies   ACMR  ACM Research (0.03)


IRM Forecast + Options Trading Strategies   IRM  Iron Mountain (0.03)



Anticorrelated Assets

Assets that tend to move strongly against CVE



PPL Forecast + Options Trading Strategies   PPL  PPL (-0.89)


UNM Forecast + Options Trading Strategies   UNM  Unum (-0.89)


CORT Forecast + Options Trading Strategies   CORT  Corcept Therapeutics (-0.89)


COMP Forecast + Options Trading Strategies   COMP  Compass (-0.89)


LRN Forecast + Options Trading Strategies   LRN  Stride (-0.9)









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