Evaluating Tickeron's AI-Driven Trading Algorithm: BIDU Shows a +4.69% Growth Last Week
"Day Trader: High Volatility Stocks for Active Trading (TA&FA)" has emerged as a top performer. In its recent trading activity involving BIDU (Baidu, Inc.), the robot generated a remarkable gain of +4.69% over the previous week. This article will analyze the robot's performance and explore the potential for future growth, supported by the positive earnings report released on May 16.
AI Trading Robot Performance:
The AI trading robot showcased its capabilities by successfully navigating the volatility of BIDU, resulting in a significant gain of +4.69%. This performance demonstrates the effectiveness of using AI-driven strategies for active trading. The ability to adapt to market conditions and identify profitable opportunities is a testament to the power of technology in the financial sector.
Bullish Sign: Three Consecutive Days of Advancement:
One positive indicator worth noting is the stock's upward movement for three consecutive days. This streak is generally interpreted as a bullish sign, suggesting that BIDU could experience further growth. Historical data reveals that in 195 out of 276 instances where BIDU advanced for three days, the price continued to rise in the subsequent month. With odds of approximately 71% for a continued upward trend, it is advisable for investors to keep a close eye on this stock.
Positive Earnings Report:
Adding to the optimistic outlook for BIDU, the recent earnings report released on May 16 exceeded expectations. The reported earnings per share (EPS) stood at $16.10, surpassing the estimated value of $12.20. This positive surprise indicates that BIDU's financial performance outperformed market projections. The market responded favorably to this news, reflecting investor confidence in the company's growth prospects.
Market Capitalization and Growth Potential:
To gain further insight into BIDU's value, it is crucial to examine its market capitalization. With 1.19 million shares outstanding, BIDU currently holds a market capitalization of $50.95 billion. This figure represents the total market value of the company's outstanding shares and serves as an important gauge for assessing its growth potential.
The AI trading robot, "Day Trader: High Volatility Stocks for Active Trading (TA&FA)" exhibited impressive performance by generating a gain of +4.69% while trading BIDU over the previous week. The stock's three consecutive days of advancement and historical data showing a 71% chance of continued upward momentum indicate the potential for further growth. Furthermore, BIDU's recent earnings report, surpassing EPS estimates, reinforces positive sentiment and suggests the company's strong financial standing. With a market capitalization of $50.95 billion, BIDU presents an enticing investment opportunity for those seeking exposure to the dynamic world of high-volatility stocks.
BIDU sees MACD Histogram crosses below signal line
BIDU saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 15, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 47 instances where the indicator turned negative. In of the 47 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BIDU as a result. In of 93 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
BIDU moved below its 50-day moving average on September 06, 2023 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BIDU declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BIDU broke above its upper Bollinger Band on August 30, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for BIDU entered a downward trend on August 30, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where BIDU's RSI Oscillator exited the oversold zone, of 30 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where BIDU's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BIDU advanced for three days, in of 279 cases, the price rose further within the following month. The odds of a continued upward trend are .
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BIDU’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.430) is normal, around the industry mean (17.316). P/E Ratio (22.523) is within average values for comparable stocks, (41.718). Projected Growth (PEG Ratio) (1.778) is also within normal values, averaging (3.545). Dividend Yield (0.000) settles around the average of (0.024) among similar stocks. P/S Ratio (2.601) is also within normal values, averaging (8.575).
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BIDU’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
an Internet search engine
Industry InternetSoftwareServices
BIDU and
Correlation & Price change
A.I.dvisor indicates that over the last year, BIDU has been closely correlated with YY. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if BIDU jumps, then YY could also see price increases.
| Ticker / NAME | Correlation To BIDU | 1D Price Change % | ||
|---|---|---|---|---|
| BIDU | 100% | -0.79% | ||
| YY - BIDU | 67% Closely correlated | -0.37% | ||
| WB - BIDU | 66% Closely correlated | -1.30% | ||
| TME - BIDU | 65% Loosely correlated | -0.79% | ||
| ATHM - BIDU | 62% Loosely correlated | -1.15% | ||
| ZH - BIDU | 57% Loosely correlated | +9.90% | ||
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