Baxter International Stock Market Value
| BAX Stock | USD 35.25 0.08 0.23% |
| Symbol | Baxter |
Baxter International Price To Book Ratio
Is Baxter International'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 Baxter International. If investors know Baxter 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 Baxter International 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 (0.20) | Dividend Share 1.16 | Earnings Share (0.08) | Revenue Per Share 29.387 | Quarterly Revenue Growth 0.022 |
The market value of Baxter International is measured differently than its book value, which is the value of Baxter that is recorded on the company's balance sheet. Investors also form their own opinion of Baxter International's value that differs from its market value or its book value, called intrinsic value, which is Baxter International'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 Baxter International's market value can be influenced by many factors that don't directly affect Baxter International'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 Baxter International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baxter International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baxter International'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.
Baxter International '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 Baxter International'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 Baxter International.
| 02/19/2024 |
| 05/19/2024 |
If you would invest 0.00 in Baxter International on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding Baxter International or generate 0.0% return on investment in Baxter International over 90 days. Baxter International is related to or competes with West Pharmaceutical, ICU Medical, Bausch Lomb, and Repligen. Baxter International Inc., through its subsidiaries, develops and provides a portfolio of healthcare products worldwide More
Baxter International 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 Baxter International'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 Baxter International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 12.14 | |||
| Value At Risk | (1.71) | |||
| Potential Upside | 2.36 |
Baxter International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Baxter International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Baxter International's standard deviation. In reality, there are many statistical measures that can use Baxter International historical prices to predict the future Baxter International's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Baxter International'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.
Baxter International Backtested Returns
Baxter International secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Baxter International exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Baxter International's Risk Adjusted Performance of (0.05), standard deviation of 1.65, and Mean Deviation of 1.05 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.95, which signifies possible diversification benefits within a given portfolio. Baxter International returns are very sensitive to returns on the market. As the market goes up or down, Baxter International is expected to follow. Baxter International has an expected return of -0.24%. Please make sure to confirm Baxter International maximum drawdown, accumulation distribution, as well as the relationship between the Accumulation Distribution and market facilitation index , to decide if Baxter International performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.24 |
Weak reverse predictability
Baxter International has weak reverse predictability. Overlapping area represents the amount of predictability between Baxter International time series from 19th of February 2024 to 4th of April 2024 and 4th of April 2024 to 19th of May 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 Baxter International price movement. The serial correlation of -0.24 indicates that over 24.0% of current Baxter International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 6.74 |
Baxter International lagged returns against current returns
Autocorrelation, which is Baxter International 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 Baxter International's stock expected returns. We can calculate the autocorrelation of Baxter International returns to help us make a trade decision. For example, suppose you find that Baxter International 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 |
Baxter International 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 Baxter International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Baxter International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Baxter International stock over time.
Current vs Lagged Prices |
| Timeline |
Baxter International Lagged Returns
When evaluating Baxter International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Baxter International stock have on its future price. Baxter International 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, Baxter International autocorrelation shows the relationship between Baxter International stock current value and its past values and can show if there is a momentum factor associated with investing in Baxter International.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Baxter International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Baxter International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Baxter International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Baxter International Stock:Check out Baxter International Correlation, Baxter International Volatility and Baxter International Alpha and Beta module to complement your research on Baxter International. For more information on how to buy Baxter Stock please use our How to Invest in Baxter International guide.Note that the Baxter International information on this page should be used as a complementary analysis to other Baxter International'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Baxter Stock analysis
When running Baxter International's price analysis, check to measure Baxter International'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 Baxter International is operating at the current time. Most of Baxter International's value examination focuses on studying past and present price action to predict the probability of Baxter International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baxter International's price. Additionally, you may evaluate how the addition of Baxter International to your portfolios can decrease your overall portfolio volatility.
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Baxter International 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.