Baidu Inc Stock Market Value
| BAIDF Stock | USD 9.77 0.25 2.63% |
| Symbol | Baidu |
Baidu 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Baidu's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Baidu.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Baidu on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Baidu Inc or generate 0.0% return on investment in Baidu over 510 days. Baidu is related to or competes with Prosus, Kuaishou Technology, Kuaishou Technology, Tencent Music, Prosus NV, YY, and Hello. The company offers Baidu App to access search, feed, and other services using mobile devices Baidu Search to access its ... More
Baidu Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Baidu's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Baidu Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.6 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 37.27 | |||
| Value At Risk | (14.93) | |||
| Potential Upside | 14.94 |
Baidu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baidu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baidu's standard deviation. In reality, there are many statistical measures that can use Baidu historical prices to predict the future Baidu's volatility.| Risk Adjusted Performance | 0.0137 | |||
| Jensen Alpha | 0.0768 | |||
| Total Risk Alpha | (1.26) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baidu's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Baidu Inc Backtested Returns
Baidu appears to be relatively risky, given 3 months investment horizon. Baidu Inc secures Sharpe Ratio (or Efficiency) of 0.035, which signifies that the company had a 0.035% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Baidu Inc, which you can use to evaluate the volatility of the firm. Please makes use of Baidu's Risk Adjusted Performance of 0.0137, mean deviation of 6.15, and Downside Deviation of 9.6 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Baidu holds a performance score of 2. The firm shows a Beta (market volatility) of -0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Baidu are expected to decrease at a much lower rate. During the bear market, Baidu is likely to outperform the market. Please check Baidu's information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Baidu's price patterns will revert.
Auto-correlation | 0.41 |
Average predictability
Baidu Inc has average predictability. Overlapping area represents the amount of predictability between Baidu time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Baidu Inc price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Baidu price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 1.55 |
Baidu Inc lagged returns against current returns
Autocorrelation, which is Baidu pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Baidu's pink sheet expected returns. We can calculate the autocorrelation of Baidu returns to help us make a trade decision. For example, suppose you find that Baidu has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Baidu regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Baidu pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baidu pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baidu pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Baidu Lagged Returns
When evaluating Baidu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baidu pink sheet have on its future price. Baidu autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Baidu autocorrelation shows the relationship between Baidu pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Baidu Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Baidu Pink Sheet
When determining whether Baidu Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Baidu Pink Sheet is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Baidu Inc Stock. Highlighted below are key reports to facilitate an investment decision about Baidu Inc Stock:Check out Baidu Correlation, Baidu Volatility and Baidu Alpha and Beta module to complement your research on Baidu. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Baidu technical pink sheet 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, pink sheet market cycles, or different charting patterns.