Baytex Energy Stock Crosses Above Two Hundred Day Moving Average of 4.79 - MarketBeat
| BTE Stock | CAD 3.97 0.09 2.22% |
About 62% of Baytex Energy's investor base is looking to short. The current sentiment of investing in Baytex Energy Corp suggests that many traders are alarmed. 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 Stock Crosses Above Two Hundred Day Moving Average of 4.79 MarketBeat
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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.
Total Debt
Total Debt Comparative Analysis
Baytex Energy is currently under evaluation in total debt category among its peers. Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to the public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principal payments will eventually prevent the firm from borrow excessively.
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
| CVE | Cenovus Energy | 1.80 |
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| ATH | Athabasca Oil | 2.26 |
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| WCP | Whitecap Resources | 2.59 |
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| MEG | MEG Energy | 5.03 |
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Check out Baytex Energy Hype Analysis, Baytex Energy Correlation and Baytex Energy Performance. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.