Baidu Inc Stock Market Value

BIDU Stock  USD 104.99  1.33  1.28%   
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 for under 104.99 as of the 28th of March 2024; that is 1.28 percent up since the beginning of the trading day. The stock's last reported lowest price was 102.53.
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

Baidu Inc Price To Book Ratio

Is Baidu's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baidu. If investors know Baidu will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baidu listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.57)
Earnings Share
7.71
Revenue Per Share
383.607
Quarterly Revenue Growth
0.057
Return On Assets
0.0343
The market value of Baidu Inc is measured differently than its book value, which is the value of Baidu that is recorded on the company's balance sheet. Investors also form their own opinion of Baidu's value that differs from its market value or its book value, called intrinsic value, which is Baidu's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baidu's market value can be influenced by many factors that don't directly affect Baidu's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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
04/03/2023
No Change 0.00  0.0 
In 11 months and 27 days
03/28/2024
0.00
If you would invest  0.00  in Baidu on April 3, 2023 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 360 days. Baidu is related to or competes with Zhihu, DouYu International, Outbrain, and Zillow Group. 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.

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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baidu's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
102.39104.98107.57
Details
Intrinsic
Valuation
LowRealHigh
94.49123.01125.60
Details
Naive
Forecast
LowNextHigh
106.26108.85111.44
Details
37 Analysts
Consensus
LowTargetHigh
159.55175.33194.62
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Baidu. Your research has to be compared to or analyzed against Baidu's peers to derive any actionable benefits. When done correctly, Baidu's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Baidu Inc.

Baidu Inc Backtested Returns

Baidu Inc secures Sharpe Ratio (or Efficiency) of -0.0669, which signifies that the company had a -0.0669% return per unit of risk over the last 3 months. Baidu Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Baidu's Standard Deviation of 2.54, mean deviation of 1.9, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.1, which signifies a somewhat significant risk relative to the market. Baidu returns are very sensitive to returns on the market. As the market goes up or down, Baidu is expected to follow. Baidu Inc has an expected return of -0.17%. Please make sure to confirm Baidu Inc treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Baidu Inc performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.03  

Virtually no predictability

Baidu Inc has virtually no predictability. Overlapping area represents the amount of predictability between Baidu time series from 3rd of April 2023 to 30th of September 2023 and 30th of September 2023 to 28th of March 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 0.03 indicates that only 3.0% of current Baidu price fluctuation can be explain by its past prices.
Correlation Coefficient0.03
Spearman Rank Test-0.26
Residual Average0.0
Price Variance68.78

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  

Pair Trading with Baidu

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baidu position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baidu will appreciate offsetting losses from the drop in the long position's value.

Moving together with Baidu Stock

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Moving against Baidu Stock

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The ability to find closely correlated positions to Baidu could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baidu when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baidu - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baidu Inc to buy it.
The correlation of Baidu is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baidu moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baidu Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baidu can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
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.
Note that the Baidu Inc information on this page should be used as a complementary analysis to other Baidu's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Baidu Stock analysis

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