REI vs. BTE
Compare and contrast key facts about Ring Energy, Inc. (REI) and Baytex Energy Corp (BTE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: REI or BTE.
Correlation
The correlation between REI and BTE is 0.50, 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
REI vs. BTE - Performance Comparison
Key characteristics
REI:
-0.03
BTE:
-0.51
REI:
0.32
BTE:
-0.49
REI:
1.04
BTE:
0.94
REI:
-0.02
BTE:
-0.23
REI:
-0.06
BTE:
-0.97
REI:
22.54%
BTE:
22.18%
REI:
49.91%
BTE:
41.98%
REI:
-97.68%
BTE:
-99.56%
REI:
-93.22%
BTE:
-94.46%
Fundamentals
REI:
$273.51M
BTE:
$2.00B
REI:
$0.57
BTE:
-$0.41
REI:
1.82
BTE:
-0.98
REI:
$282.89M
BTE:
$2.52B
REI:
$221.60M
BTE:
$1.02B
REI:
$144.55M
BTE:
$1.64B
Returns By Period
In the year-to-date period, REI achieves a 1.47% return, which is significantly higher than BTE's -1.55% return. Both investments have delivered pretty close results over the past 10 years, with REI having a -17.43% annualized return and BTE not far ahead at -17.09%.
REI
1.47%
-6.76%
-24.59%
-0.00%
-6.22%
-17.43%
BTE
-1.55%
-3.79%
-26.13%
-20.83%
18.63%
-17.09%
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Risk-Adjusted Performance
REI vs. BTE — Risk-Adjusted Performance Rank
REI
BTE
REI vs. BTE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ring Energy, Inc. (REI) and Baytex Energy Corp (BTE). 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.
Dividends
REI vs. BTE - Dividend Comparison
REI has not paid dividends to shareholders, while BTE's dividend yield for the trailing twelve months is around 2.59%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
REI Ring Energy, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BTE Baytex Energy Corp | 2.59% | 2.55% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 19.72% | 14.39% |
Drawdowns
REI vs. BTE - Drawdown Comparison
The maximum REI drawdown since its inception was -97.68%, roughly equal to the maximum BTE drawdown of -99.56%. Use the drawdown chart below to compare losses from any high point for REI and BTE. For additional features, visit the drawdowns tool.
Volatility
REI vs. BTE - Volatility Comparison
Ring Energy, Inc. (REI) and Baytex Energy Corp (BTE) have volatilities of 11.63% and 12.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
REI vs. BTE - Financials Comparison
This section allows you to compare key financial metrics between Ring Energy, Inc. and Baytex Energy Corp. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities