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BTE.TO vs. ATH.TO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


BTE.TOATH.TO
YTD Return-2.60%22.54%
1Y Return-19.69%27.11%
3Y Return (Ann)1.24%56.12%
5Y Return (Ann)21.25%67.27%
10Y Return (Ann)-17.39%5.25%
Sharpe Ratio-0.540.71
Sortino Ratio-0.531.19
Omega Ratio0.941.14
Calmar Ratio-0.240.30
Martin Ratio-1.303.13
Ulcer Index16.61%7.78%
Daily Std Dev40.20%34.40%
Max Drawdown-99.37%-99.44%
Current Drawdown-90.77%-72.54%

Fundamentals


BTE.TOATH.TO
Market CapCA$3.20BCA$2.68B
EPS-CA$0.58CA$0.39
PEG Ratio-0.360.20
Total Revenue (TTM)CA$3.58BCA$1.34B
Gross Profit (TTM)CA$878.54MCA$507.04M
EBITDA (TTM)CA$1.63BCA$340.30M

Correlation

-0.50.00.51.00.6

The correlation between BTE.TO and ATH.TO is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

BTE.TO vs. ATH.TO - Performance Comparison

In the year-to-date period, BTE.TO achieves a -2.60% return, which is significantly lower than ATH.TO's 22.54% return. Over the past 10 years, BTE.TO has underperformed ATH.TO with an annualized return of -17.39%, while ATH.TO has yielded a comparatively higher 5.25% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-12.37%
2.47%
BTE.TO
ATH.TO

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Risk-Adjusted Performance

BTE.TO vs. ATH.TO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Baytex Energy Corp. (BTE.TO) and Athabasca Oil Corporation (ATH.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


BTE.TO
Sharpe ratio
The chart of Sharpe ratio for BTE.TO, currently valued at -0.57, compared to the broader market-4.00-2.000.002.004.00-0.57
Sortino ratio
The chart of Sortino ratio for BTE.TO, currently valued at -0.58, compared to the broader market-4.00-2.000.002.004.006.00-0.58
Omega ratio
The chart of Omega ratio for BTE.TO, currently valued at 0.93, compared to the broader market0.501.001.502.000.93
Calmar ratio
The chart of Calmar ratio for BTE.TO, currently valued at -0.25, compared to the broader market0.002.004.006.00-0.25
Martin ratio
The chart of Martin ratio for BTE.TO, currently valued at -1.42, compared to the broader market0.0010.0020.0030.00-1.42
ATH.TO
Sharpe ratio
The chart of Sharpe ratio for ATH.TO, currently valued at 0.60, compared to the broader market-4.00-2.000.002.004.000.60
Sortino ratio
The chart of Sortino ratio for ATH.TO, currently valued at 1.06, compared to the broader market-4.00-2.000.002.004.006.001.06
Omega ratio
The chart of Omega ratio for ATH.TO, currently valued at 1.13, compared to the broader market0.501.001.502.001.13
Calmar ratio
The chart of Calmar ratio for ATH.TO, currently valued at 0.24, compared to the broader market0.002.004.006.000.24
Martin ratio
The chart of Martin ratio for ATH.TO, currently valued at 2.63, compared to the broader market0.0010.0020.0030.002.63

BTE.TO vs. ATH.TO - Sharpe Ratio Comparison

The current BTE.TO Sharpe Ratio is -0.54, which is lower than the ATH.TO Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of BTE.TO and ATH.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
-0.57
0.60
BTE.TO
ATH.TO

Dividends

BTE.TO vs. ATH.TO - Dividend Comparison

BTE.TO's dividend yield for the trailing twelve months is around 2.14%, while ATH.TO has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
BTE.TO
Baytex Energy Corp.
2.14%1.03%0.00%0.00%0.00%0.00%0.00%0.00%0.00%17.86%13.66%6.34%
ATH.TO
Athabasca Oil Corporation
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

BTE.TO vs. ATH.TO - Drawdown Comparison

The maximum BTE.TO drawdown since its inception was -99.37%, roughly equal to the maximum ATH.TO drawdown of -99.44%. Use the drawdown chart below to compare losses from any high point for BTE.TO and ATH.TO. For additional features, visit the drawdowns tool.


-90.00%-85.00%-80.00%JuneJulyAugustSeptemberOctoberNovember
-93.55%
-81.02%
BTE.TO
ATH.TO

Volatility

BTE.TO vs. ATH.TO - Volatility Comparison

Baytex Energy Corp. (BTE.TO) has a higher volatility of 10.68% compared to Athabasca Oil Corporation (ATH.TO) at 8.04%. This indicates that BTE.TO's price experiences larger fluctuations and is considered to be riskier than ATH.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


8.00%10.00%12.00%14.00%16.00%JuneJulyAugustSeptemberOctoberNovember
10.68%
8.04%
BTE.TO
ATH.TO

Financials

BTE.TO vs. ATH.TO - Financials Comparison

This section allows you to compare key financial metrics between Baytex Energy Corp. and Athabasca Oil Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in CAD except per share items