Bid Financials
| BID Stock | 42,570 182.00 0.43% |
Bid |
Understanding current and past Bid Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Bid's financial statements are interrelated, with each one affecting the others. For example, an increase in Bid's assets may result in an increase in income on the income statement.
Please note, the presentation of Bid's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Bid's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Bid's management manipulating its earnings.
| Foreign Associate | USA |
| Instrument | South Africa Stock View All |
| Exchange | Johannesburg Exchange |
| ISIN | ZAE000216537 |
| Business Address | North Wing, Johannesburg, |
| Sector | Consumer Defensive |
| Industry | Food Distribution |
| Benchmark | Dow Jones Industrial |
| Website | www.bidcorpgroup.com |
| Phone | 27 10 592 2150 |
You should never invest in Bid without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Bid Stock, because this is throwing your money away. Analyzing the key information contained in Bid's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Bid Key Financial Ratios
There are many critical financial ratios that Bid's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Bid Corporation reports annually and quarterly.| Return On Equity | 0.17 | |||
| Return On Asset | 0.0624 | |||
| Target Price | 381.4 | |||
| Beta | 0.78 | |||
| Z Score | 11.2 |
Bid Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Bid's current stock value. Our valuation model uses many indicators to compare Bid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Bid competition to find correlations between indicators driving Bid's intrinsic value. More Info.Bid Corporation is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.38 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Bid Corporation is roughly 2.66 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Bid's earnings, one of the primary drivers of an investment's value.Bid Corporation Systematic Risk
Bid's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Bid volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Bid Corporation correlated with the market. If Beta is less than 0 Bid generally moves in the opposite direction as compared to the market. If Bid Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Bid Corporation is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Bid is generally in the same direction as the market. If Beta > 1 Bid moves generally in the same direction as, but more than the movement of the benchmark.
Bid March 14, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Bid help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Bid Corporation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Bid Corporation based on widely used predictive technical indicators. In general, we focus on analyzing Bid Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Bid's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0418 | |||
| Maximum Drawdown | 6.15 | |||
| Value At Risk | (2.12) | |||
| Potential Upside | 1.94 |
Complementary Tools for Bid Stock analysis
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.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope |