Baytex Energy Corp Trailing Beta
| BTE Stock | USD 4.83 -0.03 -0.62% |
| = | 0.69 |
Baytex Energy's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it tends to significantly outperform the market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Beta | = | CovarianceVariance |
Current Baytex Energy Trailing Beta | 0.69 |
Trailing Beta is among the ratios that help tell if Baytex Energy's stock offers value based on its financials. This analysis gives context for investors weighing whether Baytex Energy's current price level is fair. For Baytex Energy, checking valuation metrics against close peers adds key extra context. Baytex Energy currently trades at a P/E of 71.28, which provides additional valuation context.
Trailing Beta Driver Correlations
The matrix captures how Trailing Beta relates to Baytex Energy's other key accounts over time. High correlations narrow the focus to the accounts most relevant when analyzing Trailing Beta at Baytex Energy.
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| Competition |
Baytex Energy Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income | C$12.68 million |
Fundamental Drivers Relationships
Trailing Beta Peer Comparison
Peer analysis of Baytex Energy using Trailing Beta surfaces how it ranks against direct and indirect competitors. Significant differences in Baytex Energy's Trailing Beta versus peers can highlight competitive strengths or weaknesses. Relative Trailing Beta analysis across the peer group reveals valuation patterns that absolute metrics cannot capture.Baytex Energy is currently under evaluation for trailing beta relative to top peers.
As returns on the market increase, Baytex Energy's returns tend to increase less than the market. However, during a bear market, the loss from holding Baytex Energy tends to be smaller as well.
Important Fundamentals
| Return On Equity TTM | -0.0844 | |||
| Return On Asset TTM | 0.0069 | |||
| Profit Margin TTM | -0.41 | |||
| Operating Margin TTM | 0.0413 | |||
| Current Valuation | 3.08 B | |||
| Shares Outstanding | 730.56 M | |||
| Shares Owned By Insiders | 0.43 % | |||
| Shares Owned By Institutions | 47.62 % | |||
| Number Of Shares Shorted | 17.4 M | |||
| Price To Earnings TTM | 71.28 X | |||
| Price To Book TTM | 2.09 X | |||
| Price To Sales TTM | 2.38 X | |||
| Revenue TTM | 1.48 B | |||
| Gross Profit TTM | 827.81 M | |||
| EBITDA TTM | 729.74 M | |||
| Net Income TTM | -276.62 M | |||
| Cash And Equivalents TTM | 33.95 M | |||
| Cash Per Share TTM | 0.06 X | |||
| Total Debt TTM | 117.89 M | |||
| Debt To Equity TTM | 4.72 % | |||
| Current Ratio TTM | 0.68 X | |||
| Book Value Per Share TTM | 2.29 X | |||
| Cash Flow From Operations TTM | 1.48 B | |||
| Short Ratio TTM | 0.80 X | |||
| Earnings Per Share | -0.26 X | |||
| Price To Earnings To Growth | -0.98 X | |||
| Target Price | 5.1 | |||
| Number Of Employees | 370 | |||
| Trailing Beta | 0.69 | |||
| Market Capitalization TTM | 3.53 B | |||
| Total Asset TTM | 3.34 B | |||
| Retained Earnings TTM | -4.09 B | |||
| Working Capital TTM | 860.19 M | |||
| Current Asset TTM | 174.1 M | |||
| Current Liabilities TTM | 227.52 M | |||
| Annual Yield | 0.013 | |||
| Net Asset | 3.34 B |
Financial Metrics, Fundamentals & Methodology
Reviewing Baytex Energy means checking how consistently revenue is converted into earnings and cash flow. Cash reserves provide a direct read on near-term financial cushion. In recent filings, Baytex Energy reported revenue of 1.48 billion, EPS loss of 0.26, operating margin of 4.13% as of the latest reporting period.
Baytex Energy Corp metrics draw on periodic company reporting and market reference feeds, standardized for cross-period comparison. Income statement, balance sheet, and cash-flow values follow GAAP or IFRS conventions as reported.
Editorial review and methodology oversight provided by: Vlad Skutelnik, Macroaxis Contributor