Bhp Billiton Stock Market Value

BHP
 Stock
  

USD 54.74  1.02  1.83%   

Bhp Billiton's market value is the price at which a share of Bhp Billiton stock trades on a public exchange. It measures the collective expectations of Bhp Billiton investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Bhp Billiton and determine expected loss or profit from investing in Bhp Billiton over a given investment horizon. Continue to Bhp Billiton Hype Analysis, Bhp Billiton Correlation, Bhp Billiton Valuation, Bhp Billiton Volatility, as well as analyze Bhp Billiton Alpha and Beta and Bhp Billiton Performance.
Symbol


Is Bhp Billiton'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 Bhp Billiton. If investors know Bhp Billiton 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 Bhp Billiton 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 YOY
1.43
Market Capitalization
197.9 B
Quarterly Revenue Growth YOY
0.28
Return On Assets
0.2
Return On Equity
0.33
The market value of Bhp Billiton is measured differently than its book value, which is the value of Bhp Billiton that is recorded on the company's balance sheet. Investors also form their own opinion of Bhp Billiton's value that differs from its market value or its book value, called intrinsic value, which is Bhp Billiton'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 Bhp Billiton's market value can be influenced by many factors that don't directly affect Bhp Billiton'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 Bhp Billiton's value and its price as these two are different measures arrived at by different means. Investors typically determine Bhp Billiton value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bhp Billiton'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.

Bhp Billiton '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 Billiton'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 Billiton.
0.00
07/17/2022
No Change 0.00  0.0 
In 30 days
08/16/2022
0.00
If you would invest  0.00  in Bhp Billiton on July 17, 2022 and sell it all today you would earn a total of 0.00 from holding Bhp Billiton or generate 0.0% return on investment in Bhp Billiton over 30 days. Bhp Billiton is related to or competes with B of A, International Business, Exxon, ATT, Johnson Johnson, Microsoft Corp, and Caterpillar. BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, rest of Asia, ...More

Bhp Billiton 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 Billiton'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 Billiton upside and downside potential and time the market with a certain degree of confidence.

Bhp Billiton Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Bhp Billiton's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bhp Billiton's standard deviation. In reality, there are many statistical measures that can use Bhp Billiton historical prices to predict the future Bhp Billiton's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Bhp Billiton'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. Please use the tools below to analyze the current value of Bhp Billiton in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
51.8254.7357.64
Details
Intrinsic
Valuation
LowReal ValueHigh
49.2759.3962.30
Details
Naive
Forecast
LowNext ValueHigh
51.2954.2057.11
Details
8 Analysts
Consensus
LowTarget PriceHigh
56.0067.3387.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bhp Billiton. Your research has to be compared to or analyzed against Bhp Billiton's peers to derive any actionable benefits. When done correctly, Bhp Billiton's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Bhp Billiton.

Bhp Billiton Backtested Returns

Bhp Billiton secures Sharpe Ratio (or Efficiency) of -0.0079, which signifies that the company had -0.0079% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Bhp Billiton exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Bhp Billiton Downside Deviation of 2.43, risk adjusted performance of 0.0081, and Mean Deviation of 2.04 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.8286, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Bhp Billiton's beta means in this case. As returns on the market increase, Bhp Billiton returns are expected to increase less than the market. However, during the bear market, the loss on holding Bhp Billiton will be expected to be smaller as well. Even though it is essential to pay attention to Bhp Billiton historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Bhp Billiton exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Bhp Billiton has an expected return of -0.023%. Please be advised to confirm Bhp Billiton potential upside, and the relationship between the sortino ratio and skewness to decide if Bhp Billiton performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.85  

Very good predictability

Bhp Billiton has very good predictability. Overlapping area represents the amount of predictability between Bhp Billiton time series from 17th of July 2022 to 1st of August 2022 and 1st of August 2022 to 16th of August 2022. 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 Billiton price movement. The serial correlation of 0.85 indicates that around 85.0% of current Bhp Billiton price fluctuation can be explain by its past prices.
Correlation Coefficient0.85
Spearman Rank Test0.74
Residual Average0.0
Price Variance0.74

Bhp Billiton lagged returns against current returns

Autocorrelation, which is Bhp Billiton 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 Billiton's stock expected returns. We can calculate the autocorrelation of Bhp Billiton returns to help us make a trade decision. For example, suppose you find that Bhp Billiton stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Bhp Billiton 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 Billiton stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bhp Billiton stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bhp Billiton stock over time.
   Current vs Lagged Prices   
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       Timeline  

Bhp Billiton Lagged Returns

When evaluating Bhp Billiton's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bhp Billiton stock have on its future price. Bhp Billiton 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 Billiton autocorrelation shows the relationship between Bhp Billiton stock current value and its past values and can show if there is a momentum factor associated with investing in Bhp Billiton.
   Regressed Prices   
Share
       Timeline  

Bhp Billiton Investors Sentiment

The influence of Bhp Billiton's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Bhp Billiton. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Bhp Billiton in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Bhp Billiton's short interest history, or implied volatility extrapolated from Bhp Billiton options trading.

Pair Trading with Bhp Billiton

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bhp Billiton position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bhp Billiton will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bhp Billiton

0.75ARCHArch Resources Normal TradingPairCorr
The ability to find closely correlated positions to Bhp Billiton could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bhp Billiton when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bhp Billiton - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bhp Billiton to buy it.
The correlation of Bhp Billiton is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bhp Billiton moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bhp Billiton moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bhp Billiton can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Bhp Billiton Hype Analysis, Bhp Billiton Correlation, Bhp Billiton Valuation, Bhp Billiton Volatility, as well as analyze Bhp Billiton Alpha and Beta and Bhp Billiton Performance. Note that the Bhp Billiton information on this page should be used as a complementary analysis to other Bhp Billiton'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 Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for Bhp Billiton Stock analysis

When running Bhp Billiton price analysis, check to measure Bhp Billiton'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 Billiton is operating at the current time. Most of Bhp Billiton's value examination focuses on studying past and present price action to predict the probability of Bhp Billiton's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bhp Billiton's price. Additionally, you may evaluate how the addition of Bhp Billiton to your portfolios can decrease your overall portfolio volatility.
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Bhp Billiton 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.
A focus of Bhp Billiton technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Bhp Billiton trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...