Baytex Energy Stock Forecast - Naive Prediction

BTE Stock  USD 3.31  0.02  0.60%   
The Naive Prediction forecasted value of Baytex Energy Corp on the next trading day is expected to be 3.39 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 5.16. Baytex Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Baytex Energy stock prices and determine the direction of Baytex Energy Corp's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Baytex Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
At the present time the value of relative strength index of Baytex Energy's share price is below 20 suggesting that the stock is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards.

Momentum 0

 Sell Peaked

 
Oversold
 
Overbought
The successful prediction of Baytex Energy's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Baytex Energy and does not consider all of the tangible or intangible factors available from Baytex Energy's fundamental data. We analyze noise-free headlines and recent hype associated with Baytex Energy Corp, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Baytex Energy's stock price prediction:
Quarterly Earnings Growth
(0.83)
EPS Estimate Next Quarter
0.04
EPS Estimate Current Year
0.3
EPS Estimate Next Year
0.28
Wall Street Target Price
2.5342
Using Baytex Energy hype-based prediction, you can estimate the value of Baytex Energy Corp from the perspective of Baytex Energy response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Baytex Energy using Baytex Energy's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Baytex using crowd psychology based on the activity and movement of Baytex Energy's stock price.

Baytex Energy Short Interest

A significant increase or decrease in Baytex Energy's short interest from the previous month could be a good indicator of investor sentiment towards Baytex. Short interest can provide insight into the potential direction of Baytex Energy stock and how bullish or bearish investors feel about the market overall.
200 Day MA
2.2564
Short Ratio
1.12
Shares Short Prior Month
23.4 M
50 Day MA
2.9904
Shares Short
23.2 M

Baytex Energy Corp Hype to Price Pattern

Investor biases related to Baytex Energy's public news can be used to forecast risks associated with an investment in Baytex. The trend in average sentiment can be used to explain how an investor holding Baytex can time the market purely based on public headlines and social activities around Baytex Energy Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Baytex Energy's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Baytex Energy.

Baytex Energy Implied Volatility

    
  1.33  
Baytex Energy's implied volatility exposes the market's sentiment of Baytex Energy Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Baytex Energy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Baytex Energy stock will not fluctuate a lot when Baytex Energy's options are near their expiration.
The Naive Prediction forecasted value of Baytex Energy Corp on the next trading day is expected to be 3.39 with a mean absolute deviation of 0.08 and the sum of the absolute errors of 5.16.

Baytex Energy after-hype prediction price

    
  USD 3.31  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Baytex Energy to cross-verify your projections.
The current year's Payables Turnover is expected to grow to 5.87, whereas Inventory Turnover is forecasted to decline to 139.25. . The current year's Common Stock Shares Outstanding is expected to grow to about 966.3 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 808.5 M.

Open Interest Against 2026-04-17 Baytex Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Baytex Energy's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Baytex Energy's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Baytex Energy stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Baytex Energy's open interest, investors have to compare it to Baytex Energy's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Baytex Energy is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Baytex. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.

Baytex Energy Additional Predictive Modules

Most predictive techniques to examine Baytex price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Baytex using various technical indicators. When you analyze Baytex charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Baytex Energy Cash Forecast

Forecasting cash, or other financial indicators, requires analysts to apply different statistical methods, techniques, and algorithms to find hidden patterns within the Baytex Energy's financial statements to predict how it will affect future prices.
 
Cash  
First Reported
1996-03-31
Previous Quarter
7.2 M
Current Value
10.4 M
Quarterly Volatility
40 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
A naive forecasting model for Baytex Energy is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Baytex Energy Corp value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Baytex Energy Naive Prediction Price Forecast For the 11th of January 2026

Given 90 days horizon, the Naive Prediction forecasted value of Baytex Energy Corp on the next trading day is expected to be 3.39 with a mean absolute deviation of 0.08, mean absolute percentage error of 0.01, and the sum of the absolute errors of 5.16.
Please note that although there have been many attempts to predict Baytex Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Baytex Energy's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Baytex Energy Stock Forecast Pattern

Backtest Baytex EnergyBaytex Energy Price PredictionBuy or Sell Advice 

Baytex Energy Forecasted Value

In the context of forecasting Baytex Energy's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Baytex Energy's downside and upside margins for the forecasting period are 0.31 and 6.48, respectively. We have considered Baytex Energy's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value
3.31
3.39
Expected Value
6.48
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Baytex Energy stock data series using in forecasting. Note that when a statistical model is used to represent Baytex Energy stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria115.4707
BiasArithmetic mean of the errors None
MADMean absolute deviation0.0833
MAPEMean absolute percentage error0.0303
SAESum of the absolute errors5.1619
This model is not at all useful as a medium-long range forecasting tool of Baytex Energy Corp. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Baytex Energy. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Baytex Energy

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Baytex Energy Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baytex Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.253.316.37
Details
Intrinsic
Valuation
LowRealHigh
0.142.795.85
Details
10 Analysts
Consensus
LowTargetHigh
2.312.532.81
Details

Other Forecasting Options for Baytex Energy

For every potential investor in Baytex, whether a beginner or expert, Baytex Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Baytex Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Baytex. Basic forecasting techniques help filter out the noise by identifying Baytex Energy's price trends.

Baytex Energy Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Baytex Energy stock to make a market-neutral strategy. Peer analysis of Baytex Energy could also be used in its relative valuation, which is a method of valuing Baytex Energy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Baytex Energy Corp Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Baytex Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Baytex Energy's current price.

Baytex Energy Market Strength Events

Market strength indicators help investors to evaluate how Baytex Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Baytex Energy shares will generate the highest return on investment. By undertsting and applying Baytex Energy stock market strength indicators, traders can identify Baytex Energy Corp entry and exit signals to maximize returns.

Baytex Energy Risk Indicators

The analysis of Baytex Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Baytex Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting baytex stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Baytex Energy to cross-verify your projections.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Oil & Gas Exploration & Production space 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 Baytex Energy. If investors know Baytex 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 Baytex Energy 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
(0.83)
Dividend Share
0.09
Earnings Share
0.2
Revenue Per Share
3.957
Quarterly Revenue Growth
(0.12)
The market value of Baytex Energy Corp is measured differently than its book value, which is the value of Baytex that is recorded on the company's balance sheet. Investors also form their own opinion of Baytex Energy's value that differs from its market value or its book value, called intrinsic value, which is Baytex Energy'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 Baytex Energy's market value can be influenced by many factors that don't directly affect Baytex Energy'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 Baytex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baytex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baytex Energy'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.