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 Property Plant Equipment and its Short Term Investments 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.
Property Plant Equipment vs Short Term Investments
Property Plant Equipment vs Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Baidu Inc Property Plant Equipment account and
Short Term Investments. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Baidu's Property Plant Equipment and Short Term Investments is 0.95. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Short Term Investments 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 Property Plant Equipment and Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Baidu Inc are associated (or correlated) with its Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Term Investments has no effect on the direction of Property Plant Equipment i.e., Baidu's Property Plant Equipment and Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.95 |
Relationship Direction | Positive |
Relationship Strength | Very Strong |
Property Plant Equipment
Short Term Investments
Short Term Investments is an item under the current assets section of Baidu balance sheet. It contains any investments Baidu Inc undertook that will expire in less than one year. These accounts contain financial instruments such as stocks or bonds that Baidu Inc can easily liquidate in the marketplace.
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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measure Baidu'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 Baidu is operating at the current time. Most of Baidu's value examination focuses on studying past and present price action to
predict the probability of Baidu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baidu's price. Additionally, you may evaluate how the addition of Baidu to your portfolios can decrease your overall portfolio volatility.