Baytex Net Income Applicable To Common Shares from 2010 to 2026
| BTE Stock | CAD 4.72 0.03 0.63% |
Net Income Applicable To Common Shares | First Reported 2016-12-31 | Previous Quarter 151.5 M | Current Value 32 M | Quarterly Volatility 509.7 M |
Check Baytex Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Baytex Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 269 M or Selling General Administrative of 120.3 M, as well as many indicators such as Price To Sales Ratio of 0.78, Dividend Yield of 0.0263 or PTB Ratio of 0.78. Baytex financial statements analysis is a perfect complement when working with Baytex Energy Valuation or Volatility modules.
Baytex | Net Income Applicable To Common Shares |
Evaluating Baytex Energy's Net Income Applicable To Common Shares across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Baytex Energy Corp's fundamental strength.
Latest Baytex Energy's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Baytex Energy Corp over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Baytex Energy's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Baytex Energy's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
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Net Income Applicable To Common Shares |
| Timeline |
Baytex Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | (43,935,563) | |
| Coefficient Of Variation | (1,913) | |
| Mean Deviation | 528,810,191 | |
| Median | 164,845,000 | |
| Standard Deviation | 840,530,094 | |
| Sample Variance | 706490.8T | |
| Range | 4.1B | |
| R-Value | 0.12 | |
| Mean Square Error | 742437.9T | |
| R-Squared | 0.01 | |
| Significance | 0.64 | |
| Slope | 20,248,755 | |
| Total Sum of Squares | 11303853.4T |
Baytex Net Income Applicable To Common Shares History
About Baytex Energy Financial Statements
Baytex Energy investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Baytex Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 272.1 M | 285.7 M |
Pair Trading with Baytex Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baytex Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baytex Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Baytex Stock
Moving against Baytex Stock
| 0.68 | ENS-PA | E Split Corp | PairCorr |
| 0.51 | SAGE | Sage Potash Corp | PairCorr |
| 0.36 | BRK | Berkshire Hathaway CDR | PairCorr |
The ability to find closely correlated positions to Baytex Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baytex Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baytex Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baytex Energy Corp to buy it.
The correlation of Baytex Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baytex Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baytex Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baytex Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Baytex Energy Correlation against competitors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.