BHP Group (South Africa) Price on December 26, 2024
BHG Stock | 45,700 179.00 0.39% |
If you're considering investing in BHP Stock, it is important to understand the factors that can impact its price. As of today, the current price of BHP Group stands at 45,700, as last reported on the 26th of December, with the highest price reaching 45,900 and the lowest price hitting 45,590 during the day. BHP Group Limited secures Sharpe Ratio (or Efficiency) of -0.17, which signifies that the company had a -0.17% return per unit of risk over the last 3 months. BHP Group Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BHP Group's mean deviation of 1.12, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide.
BHP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
BHP |
Sharpe Ratio = -0.1704
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Estimated Market Risk
1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average BHP Group 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 BHP Group by adding BHP Group to a well-diversified portfolio.
BHP Group Valuation on December 26, 2024
It is possible to determine the worth of BHP Group on a given historical date. On December 26, 2024 BHP was worth 45680.0 at the beginning of the trading date compared to the closed value of 45700.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of BHP Group stock. Still, in general, we apply an absolute valuation method to find BHP Group's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of BHP Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against BHP Group's related companies.
Open | High | Low | Close | Volume | |
45,680 | 45,900 | 45,590 | 45,700 | 84,935 | |
12/26/2024 | 45,680 | 45,900 | 45,590 | 45,700 | 0.00 |
Backtest BHP Group | | | BHP Group History | | | BHP Group Valuation | Previous |
BHP Group Trading Date Momentum on December 26, 2024
On December 26 2024 BHP Group Limited was traded for 45,700 at the closing time. The highest price during the trading period was 45,900 and the lowest recorded bid was listed for 45,590 . There was no trading activity during the period 0.0. Lack of trading volume on December 26, 2024 did not affect price variability. The overall trading delta to the current price is 0.04% . |
BHP Group Limited Fundamentals Correlations and Trends
By evaluating BHP Group's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among BHP Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. BHP financial account trend analysis is a perfect complement when working with valuation or volatility modules.About BHP Group Stock history
BHP Group investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for BHP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in BHP Group Limited will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing BHP Group stock prices may prove useful in developing a viable investing in BHP Group
BHP Group Stock Technical Analysis
BHP Group 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.
Price Boundaries
BHP Group Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
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BHP Group December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how BHP Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BHP Group shares will generate the highest return on investment. By undertsting and applying BHP Group stock market strength indicators, traders can identify BHP Group Limited entry and exit signals to maximize returns
BHP Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for BHP Group's price direction in advance. Along with the technical and fundamental analysis of BHP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of BHP to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.12) | |||
Treynor Ratio | (1.03) |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
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Volume Indicators |
Complementary Tools for BHP Stock analysis
When running BHP Group's price analysis, check to measure BHP Group'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 Group is operating at the current time. Most of BHP Group's value examination focuses on studying past and present price action to predict the probability of BHP Group'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 Group's price. Additionally, you may evaluate how the addition of BHP Group to your portfolios can decrease your overall portfolio volatility.
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