Stifel Firstegy Weighs in on Baytex Energy Corp.s FY2023 Earnings ... - MarketBeat
| BTE Stock | CAD 3.68 0.12 3.37% |
About 55% of Baytex Energy's investors are presently thinking to get in. The current sentiment of investing in Baytex Energy Corp suggests that some traders are interested. 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 |
Stifel Firstegy Weighs in on Baytex Energy Corp.s FY2023 Earnings ... 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.
Annual Yield
Annual Yield Comparative Analysis
Baytex Energy is currently under evaluation in annual yield category among its peers. Yield generally refers to the amount of cash that is paid back to the owner of a security over a specific time (usually one year). It is expressed as a percentage of current market price, and usually amounts to all the interests and/or dividends paid over a given period. A higher yield allows the shareholders to generate returns on their investments sooner. However, investors should also be aware that a high yield may be a result of market turmoil or increased price volatility.
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
| MEG | MEG Energy | 3.28 | ||||
| ATH | Athabasca Oil | 1.60 | ||||
| WCP | Whitecap Resources | 1.53 | ||||
| CVE | Cenovus Energy | 1.35 |
Check out Baytex Energy Hype Analysis, Baytex Energy Correlation and Baytex Energy Performance. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.