Compare Enterprise Value Multiple Across Equities
You can use any or all of fundamental ratio historical patterns as a complementary method for asset selection as well as a tool for deciding entry and exit points. Many technical investors use fundamentals to limit their universe of possible positions. Check out your portfolio center.
Cross Equities Enterprise Value Multiple Analysis
Compare Baytex Energy Corp, Obsidian Energy, and Canadian Natural Res Enterprise Value Multiple Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BTE | 38.9492 | 14.4271 | 11.8019 | 9.8879 | 5.3529 | (3.7991) | (21.5403) | 5.0706 | 4.9303 | 3.8016 | 6.5196 | 3.647 | 2.7846 | 7.9333 | 9.41 |
| OBE | 4.1804 | 7.2 | 5.7602 | 8.102 | 3.0041 | (3.4213) | (10.7302) | 4.7042 | 5.4909 | 4.0007 | 3.3231 | 1.7059 | 1.5597 | 2.5674 | 4.18 |
| CNQ | 12.2544 | 6.6122 | 5.3206 | 5.79 | 4.9863 | 9.5075 | 14.387 | 9.7162 | 6.2727 | 6.2828 | 9.3627 | 4.7701 | 4.3563 | 6.0235 | 8.7 |
| OVV | 2.5983 | 7.3869 | (9.0384) | 9.2736 | 4.8184 | (1.8118) | (49.0432) | 6.9642 | 3.4045 | 5.1561 | (3.356) | 5.1438 | 3.4682 | 3.8426 | 4.03 |
Baytex Energy Corp, Obsidian Energy, and Canadian Natural Res Enterprise Value Multiple description
Generate Optimal Portfolios
The classical approach to portfolio optimization is known as Modern Portfolio Theory (MPT). It involves categorizing the investment universe based on risk (standard deviation) and return, and then choosing the mix of investments that achieves the desired risk-versus-return tradeoff. Portfolio optimization can also be thought of as a risk-management strategy as every type of equity has a distinct return and risk characteristics as well as different systemic risks, which describes how they respond to the market at large. Macroaxis enables investors to optimize portfolios that have a mix of equities (such as stocks, funds, or ETFs) and cryptocurrencies (such as Bitcoin, Ethereum or Monero)
Check out your portfolio center.Note that this page's information should be used as a complementary analysis to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Complementary Tools
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |