Closing Bell Baytex Energy Corp flat on Friday - The Globe and Mail
| BTE Stock | CAD 2.27 0.03 1.34% |
About 52% of Baytex Energy's investor base is interested to short. The current sentiment of investing in Baytex Energy Corp suggests that many traders are impartial. Baytex Energy's investing sentiment overview a quick insight into current market opportunities from investing in Baytex Energy Corp. Many technical investors use Baytex Energy Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Closing Bell Baytex Energy Corp flat on Friday The Globe and Mail
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Baytex Energy Fundamental Analysis
We analyze Baytex Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baytex Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baytex Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Operating Margin
Operating Margin Comparative Analysis
Baytex Energy is currently under evaluation in operating margin category among its peers. Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Baytex Energy Corp Potential Pair-trading
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.
Peers
Baytex Energy Related Equities
| WCP | Whitecap Resources | 2.83 | ||||
| CVE | Cenovus Energy | 1.14 | ||||
| MEG | MEG Energy | 0.32 | ||||
| ATH | Athabasca Oil | 0.19 |
Check out Baytex Energy Hype Analysis, Baytex Energy Correlation and Baytex Energy Performance. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.