Baytex Energy Corp Stock Price on November 14, 2024
BTE Stock | USD 2.82 0.03 1.05% |
If you're considering investing in Baytex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Baytex Energy stands at 2.82, as last reported on the 3rd of December, with the highest price reaching 2.85 and the lowest price hitting 2.77 during the day. Baytex Energy Corp secures Sharpe Ratio (or Efficiency) of -0.074, which signifies that the company had a -0.074% return per unit of risk over the last 3 months. Baytex Energy Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Baytex Energy's Standard Deviation of 2.39, mean deviation of 1.92, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide.
Baytex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Baytex |
Sharpe Ratio = -0.074
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Estimated Market Risk
2.39 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.18 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 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 Valuation on November 14, 2024
It is possible to determine the worth of Baytex Energy on a given historical date. On November 14, 2024 Baytex was worth 2.9 at the beginning of the trading date compared to the closed value of 2.98. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Baytex Energy stock. Still, in general, we apply an absolute valuation method to find Baytex Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Baytex Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Baytex Energy's related companies.
Open | High | Low | Close | Volume | |
2.90 | 2.92 | 2.80 | 2.88 | 11,814,282 | |
11/14/2024 | 2.90 | 3.00 | 2.90 | 2.98 | 9,518,282 |
2.97 | 3.02 | 2.92 | 2.94 | 6,631,283 |
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Baytex Energy Trading Date Momentum on November 14, 2024
On November 15 2024 Baytex Energy Corp was traded for 2.94 at the closing time. Highest Baytex Energy's price during the trading hours was 3.02 and the lowest price during the day was 2.92 . The net volume was 6.6 M. The overall trading history on the 15th of November 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.34% . The overall trading delta to current price is 1.01% . |
Baytex Energy Corp Fundamentals Correlations and Trends
By evaluating Baytex Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Baytex Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Baytex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Baytex Energy Stock history
Baytex Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Baytex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Baytex Energy Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Baytex Energy stock prices may prove useful in developing a viable investing in Baytex 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 Eagle Ford in 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 the United States and is traded on New York Stock Exchange. It employs 231 people.
Baytex Energy Stock Technical Analysis
Baytex Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Baytex Energy Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Baytex Energy Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Baytex Energy December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Baytex Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Baytex Energy shares will generate the highest return on investment. By undertsting and applying Baytex Energy stock market strength indicators, traders can identify Baytex Energy Corp entry and exit signals to maximize returns
Baytex Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Baytex Energy's price direction in advance. Along with the technical and fundamental analysis of Baytex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Baytex to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.05) | |||
Jensen Alpha | (0.19) | |||
Total Risk Alpha | (0.55) | |||
Treynor Ratio | (3.89) |
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Math Transform | ||
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
Complementary Tools for Baytex Stock analysis
When running Baytex Energy's price analysis, check to measure Baytex Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baytex Energy is operating at the current time. Most of Baytex Energy's value examination focuses on studying past and present price action to predict the probability of Baytex Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baytex Energy's price. Additionally, you may evaluate how the addition of Baytex Energy to your portfolios can decrease your overall portfolio volatility.
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