Bid (South Africa) Analysis

Bid Stock Analysis Notes

About 73.0% of the company shares are held by institutions such as insurance companies. The book value of Bid was currently reported as 92.35. The company recorded earning per share (EPS) of 14.74. Bid Corporation last dividend was issued on the 21st of September 2022. For more info on Bid Corporation please contact Justine Hopkinson at 27 10 592 2150 or go to https://www.bidcorpgroup.com.

Bid Corporation Investment Alerts

Bid Market Capitalization

The company currently falls under 'Mega-Cap' category with a current market capitalization of 105.33 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Bid's market, we take the total number of its shares issued and multiply it by Bid's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Bid Profitablity

The company has Profit Margin (PM) of 0.03 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.05 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.05.

Technical Drivers

As of the 27th of November, Bid shows the mean deviation of 1.02, and Risk Adjusted Performance of 0.0283. Bid Corporation technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Bid Corporation variance, maximum drawdown, and the relationship between the coefficient of variation and jensen alpha to decide if Bid Corporation is priced correctly, providing market reflects its regular price of 44659.0 per share.

Bid Corporation Price Movement Analysis

Bid Outstanding Bonds

Bid Predictive Daily Indicators

Bid Forecast Models

Bid's time-series forecasting models are one of many Bid's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bid's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

When running Bid's price analysis, check to measure Bid'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 Bid is operating at the current time. Most of Bid's value examination focuses on studying past and present price action to predict the probability of Bid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bid's price. Additionally, you may evaluate how the addition of Bid to your portfolios can decrease your overall portfolio volatility.