Baidu (Mexico) Market Value

BIDUN Stock  MXN 1,730  53.55  3.19%   
Baidu's market value is the price at which a share of Baidu trades on a public exchange. It measures the collective expectations of Baidu Inc investors about its performance. Baidu is selling at 1730.00 as of the 29th of November 2024; that is 3.19 percent increase since the beginning of the trading day. The stock's lowest day price was 1730.0.
With this module, you can estimate the performance of a buy and hold strategy of Baidu Inc and determine expected loss or profit from investing in Baidu over a given investment horizon. Check out Baidu Correlation, Baidu Volatility and Baidu Alpha and Beta module to complement your research on Baidu.
Symbol

Please note, there is a significant difference between Baidu's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baidu is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baidu's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
10/30/2024
No Change 0.00  0.0 
In 31 days
11/29/2024
0.00
If you would invest  0.00  in Baidu on October 30, 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 Costco Wholesale, Micron Technology, United States, Monster Beverage, DXC Technology, Grupo Sports, and Cognizant Technology. Baidu, Inc. provides Internet search services in China and internationally 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.

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.
Hype
Prediction
LowEstimatedHigh
1,7271,7301,733
Details
Intrinsic
Valuation
LowRealHigh
1,5261,5291,903
Details
Naive
Forecast
LowNextHigh
1,5801,5831,586
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,6401,7761,913
Details

Baidu Inc Backtested Returns

As of now, Baidu Stock is very steady. Baidu Inc secures Sharpe Ratio (or Efficiency) of 0.0346, which signifies that the company had a 0.0346% 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 confirm Baidu's Risk Adjusted Performance of 0.0407, downside deviation of 3.29, and Mean Deviation of 2.16 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. Baidu has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.36, 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. Baidu Inc right now shows a risk of 3.0%. Please confirm Baidu Inc potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Baidu Inc will be following its price patterns.

Auto-correlation

    
  -0.27  

Weak reverse predictability

Baidu Inc has weak reverse predictability. Overlapping area represents the amount of predictability between Baidu time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 -0.27 indicates that nearly 27.0% of current Baidu price fluctuation can be explain by its past prices.
Correlation Coefficient-0.27
Spearman Rank Test-0.03
Residual Average0.0
Price Variance1298.38

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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.
A focus of Baidu technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Baidu trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...