Baidu (Germany) Market Value
| B1C Stock | EUR 85.00 1.60 1.92% |
| 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.
| 10/27/2024 |
| 12/26/2024 |
If you would invest 0.00 in Baidu on October 27, 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 60 days. Baidu is related to or competes with Alphabet, Alphabet, Meta Platforms, Tencent Holdings, Meta Platforms, and AIRBNB INC. 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.
| Downside Deviation | 2.93 | |||
| Information Ratio | 0.0298 | |||
| Maximum Drawdown | 13.09 | |||
| Value At Risk | (4.84) | |||
| Potential Upside | 3.62 |
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 | 0.0436 | |||
| Jensen Alpha | 0.1236 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.0291 | |||
| Treynor Ratio | (1.21) |
Baidu Inc Backtested Returns
Baidu Inc secures Sharpe Ratio (or Efficiency) of -0.0459, which signifies that the company had a -0.0459% return per unit of risk over the last 3 months. Baidu Inc exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Baidu's Mean Deviation of 2.14, downside deviation of 2.93, and Risk Adjusted Performance of 0.0436 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0992, 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. At this point, Baidu Inc has a negative expected return of -0.12%. Please make sure to confirm Baidu's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Baidu Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Baidu Inc has very good reverse predictability. Overlapping area represents the amount of predictability between Baidu time series from 27th of October 2024 to 26th of November 2024 and 26th of November 2024 to 26th of December 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 -0.63 indicates that roughly 63.0% of current Baidu price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 6.5 |
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 |
Currently Active Assets on Macroaxis
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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.