Baytex Energy Stock Forecast - Market Facilitation Index
| BTE Stock | CAD 4.22 0.02 0.48% |
Baytex Stock Forecast is based on your current time horizon. Although Baytex Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Baytex Energy's systematic risk associated with finding meaningful patterns of Baytex Energy fundamentals over time.
Baytex |
| Check Baytex Energy Volatility | Backtest Baytex Energy | Information Ratio |
Baytex Energy Trading Date Momentum
| On November 23 2024 Baytex Energy Corp was traded for 4.22 at the closing time. The maximum traded price for the trading interval was 4.31 and the lowest daily price was 4.21 . There was no trading activity during the period 0.0. Lack of trading volume on 23rd of November 2024 did not affect price variability. The overall trading delta to the closing price today is 0.95% . |
Market Facilitation Index was developed by Dr. Bill Williams. This indicator can help to determine either strong or week signal that can follow the current trend line by looking at how Market Facilitation index correlates with trading volume over time.
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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.| Cycle Indicators | ||
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| Volume Indicators |
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.
| Mean Deviation | 1.99 | |||
| Standard Deviation | 2.52 | |||
| Variance | 6.37 |
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.
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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.