Bhp Group Limited Stock Statistic Functions Beta

BHPLF Stock  USD 27.77  1.88  7.26%   
BHP Group statistic functions tool provides the execution environment for running the Beta function and other technical functions against BHP Group. BHP Group value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. BHP Group statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on BHP Group Limited correlated with the market. If Beta is less than 0 BHP Group generally moves in the opposite direction as compared to the market. If BHP Group Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BHP Group Limited is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BHP Group is generally in the same direction as the market. If Beta > 1 BHP Group moves generally in the same direction as, but more than the movement of the benchmark.

BHP Group Technical Analysis Modules

Most technical analysis of BHP Group help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for BHP from various momentum indicators to cycle indicators. When you analyze BHP charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About BHP Group Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of BHP Group Limited. We use our internally-developed statistical techniques to arrive at the intrinsic value of BHP Group Limited based on widely used predictive technical indicators. In general, we focus on analyzing BHP Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BHP Group's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of BHP Group's intrinsic value. In addition to deriving basic predictive indicators for BHP Group, we also check how macroeconomic factors affect BHP Group price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Hype
Prediction
LowEstimatedHigh
22.7627.7732.78
Details
Intrinsic
Valuation
LowRealHigh
18.1823.1928.20
Details
Naive
Forecast
LowNextHigh
21.7026.7131.72
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
24.8427.2029.57
Details

Align your values with your investing style

In addition to having BHP Group in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
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Additional Information and Resources on Investing in BHP Pink Sheet

When determining whether BHP Group Limited is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if BHP Pink Sheet is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Bhp Group Limited Stock. Highlighted below are key reports to facilitate an investment decision about Bhp Group Limited Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Please note, there is a significant difference between BHP Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if BHP Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BHP Group'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.