Please use analysis of Baytex Energy Corp fundamentals to determine if markets are correctly pricing the company. We were able to analyze and collect data for thirty-nine available fundamental indicators for Baytex Energy Corp, which can be compared to its peers. The stock experiences a moderate downward daily trend and can be a good diversifier. Check odds of Baytex Energy to be traded at C$3.9 in 90 days. Key indicators impacting Baytex Energy's financial strength include:
Understanding current and past Baytex Energy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Baytex Energy's financial statements are interrelated, with each one affecting the others. For example, an increase in Baytex Energy's assets may result in an increase in income on the income statement.
Baytex Energy competes with MEG Energy, Whitecap Resources, Athabasca Oil, and Cenovus Energy. Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Texas, the United States. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada. BAYTEX ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange.
You should never invest in Baytex Energy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Baytex Stock, because this is throwing your money away. Analyzing the key information contained in Baytex Energy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Baytex Energy Key Financial Ratios
Baytex Energy's financial ratios allow both analysts and investors to convert raw data from Baytex Energy's financial statements into concise, actionable information that can be used to evaluate the performance of Baytex Energy over time and compare it to other companies across industries.
Comparative valuation techniques use various fundamental indicators to help in determining Baytex Energy's current stock value. Our valuation model uses many indicators to compare Baytex Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Baytex Energy competition to find correlations between indicators driving Baytex Energy's intrinsic value. More Info.
Baytex Energy Corp is rated fifth in return on equity category among its peers. It also is rated fifth in return on asset category among its peers . At this time, Baytex Energy's Return On Equity is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Baytex Energy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Baytex Energy's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.
Baytex Energy Corp Systematic Risk
Baytex Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Baytex Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Baytex Energy Corp correlated with the market. If Beta is less than 0 Baytex Energy generally moves in the opposite direction as compared to the market. If Baytex Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Baytex Energy Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Baytex Energy is generally in the same direction as the market. If Beta > 1 Baytex Energy moves generally in the same direction as, but more than the movement of the benchmark.
Baytex Energy Corp Total Assets Over Time
Today, most investors in Baytex Energy Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Baytex Energy's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Baytex Energy growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of Baytex Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Baytex Energy Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Baytex Energy Corp based on widely used predictive technical indicators. In general, we focus on analyzing Baytex Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Baytex Energy's daily price indicators and compare them against related drivers.
When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Please note, there is a significant difference between Baytex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baytex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baytex Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.