Baytex Energy Corp Stock Performance
| BTE Stock | CAD 3.98 0.02 0.50% |
The firm shows a Beta (market volatility) of -0.008, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Baytex Energy are expected to decrease at a much lower rate. During the bear market, Baytex Energy is likely to outperform the market. At this point, Baytex Energy Corp has a negative expected return of -0.14%. Please make sure to confirm Baytex Energy's kurtosis, as well as the relationship between the rate of daily change and price action indicator , to decide if Baytex Energy Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Baytex Energy Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest weak performance, the Stock's technical and fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
Forward Dividend Yield 0.0225 | Payout Ratio 0.0184 | Forward Dividend Rate 0.09 | Dividend Date 2025-01-02 | Ex Dividend Date 2024-12-13 |
1 | Baytex Energy Shares Down 3.7 percent - MarketBeat | 09/26/2024 |
2 | Baytex Conference Call and Webcast on Third Quarter 2024 Results to Be Held on November 1, 2024 - StockTitan | 10/24/2024 |
| Begin Period Cash Flow | 5.5 M |
Baytex |
Baytex Energy Relative Risk vs. Return Landscape
If you would invest 443.00 in Baytex Energy Corp on September 1, 2024 and sell it today you would lose (45.00) from holding Baytex Energy Corp or give up 10.16% of portfolio value over 90 days. Baytex Energy Corp is producing return of less than zero assuming 2.3694% volatility of returns over the 90 days investment horizon. Simply put, 21% of all stocks have less volatile historical return distribution than Baytex Energy, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Baytex Energy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baytex Energy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Baytex Energy Corp, and traders can use it to determine the average amount a Baytex Energy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.06
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BTE |
Estimated Market Risk
| 2.37 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Baytex Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Baytex Energy by adding Baytex Energy to a well-diversified portfolio.
Baytex Energy Fundamentals Growth
Baytex Stock prices reflect investors' perceptions of the future prospects and financial health of Baytex Energy, and Baytex Energy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Baytex Stock performance.
| Return On Equity | -0.0805 | ||||
| Return On Asset | -0.0042 | ||||
| Profit Margin | (0.10) % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 5.4 B | ||||
| Shares Outstanding | 787.33 M | ||||
| Price To Earning | 158.37 X | ||||
| Price To Book | 0.79 X | ||||
| Price To Sales | 0.93 X | ||||
| Revenue | 2.71 B | ||||
| Gross Profit | 1.67 B | ||||
| EBITDA | 723.5 M | ||||
| Net Income | (233.36 M) | ||||
| Cash And Equivalents | 45.16 M | ||||
| Cash Per Share | 0.08 X | ||||
| Total Debt | 2.44 B | ||||
| Debt To Equity | 0.47 % | ||||
| Current Ratio | 0.62 X | ||||
| Book Value Per Share | 5.05 X | ||||
| Cash Flow From Operations | 1.3 B | ||||
| Earnings Per Share | (0.58) X | ||||
| Market Capitalization | 3.13 B | ||||
| Total Asset | 7.46 B | ||||
| Retained Earnings | (3.59 B) | ||||
| Working Capital | (118 M) | ||||
| Current Asset | 204.91 M | ||||
| Current Liabilities | 267.84 M | ||||
About Baytex Energy Performance
By examining Baytex Energy's fundamental ratios, stakeholders can obtain critical insights into Baytex Energy's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Baytex Energy is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 2.58 | 2.45 | |
| Return On Tangible Assets | (0.03) | (0.03) | |
| Return On Capital Employed | (0.32) | (0.31) | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.06) | (0.06) |
Things to note about Baytex Energy Corp performance evaluation
Checking the ongoing alerts about Baytex Energy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Baytex Energy Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Baytex Energy Corp generated a negative expected return over the last 90 days | |
| Baytex Energy Corp has accumulated 2.44 B in total debt with debt to equity ratio (D/E) of 0.47, which is about average as compared to similar companies. Baytex Energy Corp has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Baytex Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Baytex Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Baytex Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Baytex to invest in growth at high rates of return. When we think about Baytex Energy's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 2.71 B. Net Loss for the year was (233.36 M) with profit before overhead, payroll, taxes, and interest of 1.67 B. |
- Analyzing Baytex Energy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Baytex Energy's stock is overvalued or undervalued compared to its peers.
- Examining Baytex Energy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Baytex Energy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Baytex Energy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Baytex Energy's stock. These opinions can provide insight into Baytex Energy's potential for growth and whether the stock is currently undervalued or overvalued.
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.