BHP (Australia) Market Value
BHP Stock | 40.29 1.18 3.02% |
Symbol | BHP |
BHP '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 BHP'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 BHP.
04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in BHP on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding BHP Group or generate 0.0% return on investment in BHP over 90 days. BHP is related to or competes with Hastings Technology, Autosports, Viva Leisure, Sports Entertainment, Retail Food, DUG Technology, and Technology One. BHP is entity of Australia. It is traded as Stock on AU exchange. More
BHP 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 BHP'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 BHP Group upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 1.21 | |||
Information Ratio | 0.0169 | |||
Maximum Drawdown | 6.94 | |||
Value At Risk | (1.98) | |||
Potential Upside | 3.02 |
BHP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BHP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BHP's standard deviation. In reality, there are many statistical measures that can use BHP historical prices to predict the future BHP's volatility.Risk Adjusted Performance | 0.1065 | |||
Jensen Alpha | 0.1344 | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | 0.0212 | |||
Treynor Ratio | 0.9307 |
BHP Group Backtested Returns
Currently, BHP Group is very steady. BHP Group secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for BHP Group, which you can use to evaluate the volatility of the firm. Please confirm BHP's risk adjusted performance of 0.1065, and Mean Deviation of 1.13 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. BHP has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BHP's returns are expected to increase less than the market. However, during the bear market, the loss of holding BHP is expected to be smaller as well. BHP Group now shows a risk of 1.55%. Please confirm BHP Group standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if BHP Group will be following its price patterns.
Auto-correlation | -0.2 |
Insignificant reverse predictability
BHP Group has insignificant reverse predictability. Overlapping area represents the amount of predictability between BHP time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BHP Group price movement. The serial correlation of -0.2 indicates that over 20.0% of current BHP price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.2 | |
Spearman Rank Test | 0.15 | |
Residual Average | 0.0 | |
Price Variance | 1.31 |
BHP Group lagged returns against current returns
Autocorrelation, which is BHP 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 BHP's stock expected returns. We can calculate the autocorrelation of BHP returns to help us make a trade decision. For example, suppose you find that BHP 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 |
BHP 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 BHP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BHP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BHP stock over time.
Current vs Lagged Prices |
Timeline |
BHP Lagged Returns
When evaluating BHP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BHP stock have on its future price. BHP 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, BHP autocorrelation shows the relationship between BHP stock current value and its past values and can show if there is a momentum factor associated with investing in BHP Group.
Regressed Prices |
Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for BHP Stock Analysis
When running BHP's price analysis, check to measure BHP'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 BHP is operating at the current time. Most of BHP's value examination focuses on studying past and present price action to predict the probability of BHP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BHP's price. Additionally, you may evaluate how the addition of BHP to your portfolios can decrease your overall portfolio volatility.