Baytex Energy shareholder returns have been solid, earning 143 percent in 5 years - Simply Wall St
| BTE Stock | CAD 4.22 0.02 0.48% |
About 54% 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.
Baytex |
Baytex Energy shareholder returns have been solid, earning 143 percent in 5 years Simply Wall St
Read at news.google.com
 |
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.
Price To Book
Price To Book Comparative Analysis
Baytex Energy is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
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 | 1.61 | ||||
| ATH | Athabasca Oil | 0.73 | ||||
| CVE | Cenovus Energy | 0.09 | ||||
| MEG | MEG Energy | 0.45 |
Check out Baytex Energy Hype Analysis, Baytex Energy Correlation and Baytex Energy Performance. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.