BAIDU INC 4875 Market Value
| 056752AN8 | 99.80 0.31 0.31% |
| 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 bond 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.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in BAIDU on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding BAIDU INC 4875 or generate 0.0% return on investment in BAIDU over 360 days. BAIDU is related to or competes with Patterson UTI, VirnetX Holding, BCE, Dave Busters, Nextplat Corp, Q2 Holdings, and Qualys. 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 bond 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 4875 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8288 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.69 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.05 |
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 | 0.0553 | |||
| Jensen Alpha | 0.0597 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.81) |
BAIDU INC 4875 Backtested Returns
BAIDU INC 4875 secures Sharpe Ratio (or Efficiency) of -0.41, which signifies that the bond had a -0.41% return per unit of return volatility over the last 3 months. BAIDU INC 4875 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BAIDU's Downside Deviation of 0.8288, coefficient of variation of 1418.56, and Mean Deviation of 0.5678 to double-check the risk estimate we provide. The entity shows a Beta (market volatility) of -0.0638, which signifies not very significant fluctuations relative to the market. 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.
Auto-correlation | 0.46 |
Average predictability
BAIDU INC 4875 has average predictability. Overlapping area represents the amount of predictability between BAIDU time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 4875 price movement. The serial correlation of 0.46 indicates that about 46.0% of current BAIDU price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 1.05 |
BAIDU INC 4875 lagged returns against current returns
Autocorrelation, which is BAIDU bond'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 bond 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 bond 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 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BAIDU bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BAIDU bond 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 bond 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 bond current value and its past values and can show if there is a momentum factor associated with investing in BAIDU INC 4875.
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.Other Information on Investing in BAIDU Bond
BAIDU financial ratios help investors to determine whether BAIDU Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BAIDU with respect to the benefits of owning BAIDU security.