BIDU Stock | | | USD 80.33 1.30 1.59% |
Baidu financial indicator trend analysis is way more than just evaluating Baidu Inc prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Baidu Inc is a good investment. Please check the relationship between Baidu Non Currrent Assets Other and its Retained Earnings accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Baidu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
Non Currrent Assets Other vs Retained Earnings
Non Currrent Assets Other vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Baidu Inc Non Currrent Assets Other account and
Retained Earnings. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Baidu's Non Currrent Assets Other and Retained Earnings is 0.85. Overlapping area represents the amount of variation of Non Currrent Assets Other that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Baidu Inc, assuming nothing else is changed. The correlation between historical values of Baidu's Non Currrent Assets Other and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Currrent Assets Other of Baidu Inc are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Currrent Assets Other i.e., Baidu's Non Currrent Assets Other and Retained Earnings go up and down completely randomly.
Correlation Coefficient | 0.85 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Non Currrent Assets Other
Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.
Most indicators from Baidu's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Baidu Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Baidu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in unemployment.
At this time, Baidu's
Issuance Of Capital Stock is comparatively stable compared to the past year.
Sales General And Administrative To Revenue is likely to gain to 0.11 in 2024, whereas
Selling General Administrative is likely to drop slightly above 7.4
B in 2024.
Baidu fundamental ratios Correlations
Click cells to compare fundamentals
Baidu Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Baidu fundamental ratios Accounts
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Additional Tools for Baidu Stock Analysis
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