Baidu (Brazil) Market Value
| BIDU34 Stock | BRL 33.35 0.39 1.16% |
| 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 stock 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.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Baidu on October 26, 2024 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 30 days. Baidu is related to or competes with Alphabet, Alphabet, and Meta Platforms. 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 stock 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.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 14.79 | |||
| Value At Risk | (5.32) | |||
| Potential Upside | 4.84 |
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) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.26) |
Baidu Inc Backtested Returns
At this point, Baidu is very steady. Baidu Inc secures Sharpe Ratio (or Efficiency) of 0.0129, which signifies that the company had a 0.0129% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Baidu Inc, which you can use to evaluate the volatility of the firm. Please confirm Baidu's insignificant Risk Adjusted Performance, mean deviation of 1.95, and Standard Deviation of 2.76 to double-check if the risk estimate we provide is consistent with the expected return of 0.0361%. Baidu has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Baidu's returns are expected to increase less than the market. However, during the bear market, the loss of holding Baidu is expected to be smaller as well. Baidu Inc right now shows a risk of 2.8%. Please confirm Baidu Inc total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Baidu Inc will be following its price patterns.
Auto-correlation | 0.50 |
Modest predictability
Baidu Inc has modest predictability. Overlapping area represents the amount of predictability between Baidu time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 0.5 indicates that about 50.0% of current Baidu price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 1.4 |
Baidu Inc lagged returns against current returns
Autocorrelation, which is Baidu stock'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 stock 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 stock 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baidu stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baidu stock 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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Baidu Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Baidu Stock
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 Stock 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Baidu technical stock 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, stock market cycles, or different charting patterns.