Bid (South Africa) Performance
| BID Stock | 42,752 17.00 0.04% |
The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Bid's returns are expected to increase less than the market. However, during the bear market, the loss of holding Bid is expected to be smaller as well. At this point, Bid Corporation has a negative expected return of -0.0666%. Please make sure to confirm Bid's coefficient of variation, treynor ratio, skewness, as well as the relationship between the jensen alpha and value at risk , to decide if Bid Corporation performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Bid Corporation has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound technical and fundamental indicators, Bid is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 8.1 B | |
| Total Cashflows From Investing Activities | -3.4 B |
Bid |
Bid Relative Risk vs. Return Landscape
If you would invest 4,470,000 in Bid Corporation on December 13, 2024 and sell it today you would lose (194,800) from holding Bid Corporation or give up 4.36% of portfolio value over 90 days. Bid Corporation is generating negative expected returns and assumes 1.2427% volatility on return distribution over the 90 days horizon. Simply put, 11% of stocks are less volatile than Bid, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Bid Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bid's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Bid Corporation, and traders can use it to determine the average amount a Bid's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0536
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BID |
Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Bid is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Bid by adding Bid to a well-diversified portfolio.
Bid Fundamentals Growth
Bid Stock prices reflect investors' perceptions of the future prospects and financial health of Bid, and Bid fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Bid Stock performance.
| Return On Equity | 0.17 | |||
| Return On Asset | 0.0624 | |||
| Profit Margin | 0.03 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 119.48 B | |||
| Shares Outstanding | 333.98 M | |||
| Price To Book | 3.62 X | |||
| Price To Sales | 0.77 X | |||
| Revenue | 147.14 B | |||
| EBITDA | 9.46 B | |||
| Total Debt | 5.98 B | |||
| Book Value Per Share | 92.35 X | |||
| Cash Flow From Operations | 3.48 B | |||
| Earnings Per Share | 14.74 X | |||
| Total Asset | 79.57 B | |||
About Bid Performance
By analyzing Bid's fundamental ratios, stakeholders can gain valuable insights into Bid's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Bid has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Bid has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Bid Corporation performance evaluation
Checking the ongoing alerts about Bid for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Bid Corporation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Bid Corporation generated a negative expected return over the last 90 days | |
| About 73.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Bid's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Bid's stock is overvalued or undervalued compared to its peers.
- Examining Bid's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Bid's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Bid's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Bid's stock. These opinions can provide insight into Bid's potential for growth and whether the stock is currently undervalued or overvalued.
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.
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