Bhp Billiton Stock Technical Analysis

BHP
 Stock
  

USD 54.40  1.27  2.39%   

As of the 7th of August, Bhp Billiton shows the risk adjusted performance of (0.047876), and Mean Deviation of 2.16. Bhp Billiton technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for Bhp Billiton, which can be compared to its rivals. Please confirm Bhp Billiton jensen alpha, as well as the relationship between the potential upside and skewness to decide if Bhp Billiton is priced correctly, providing market reflects its regular price of 54.4 per share. Given that Bhp Billiton has jensen alpha of (0.11), we suggest you to validate Bhp Billiton's prevailing market performance to make sure the company can sustain itself at a future point.
  

Bhp Billiton Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Bhp Billiton, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Bhp Billiton
Bhp Billiton's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Bhp Billiton Analyst Consensus

Target PriceAdvice# of Analysts
67.33Hold3Odds
Bhp Billiton current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Bhp Billiton analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Bhp Billiton stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Bhp Billiton, talking to its executives and customers, or listening to Bhp Billiton conference calls.
Bhp Billiton Analyst Advice Details
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...

Bhp Billiton Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Bhp Billiton volatility developed by Welles Wilder.
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Bhp Billiton Trend Analysis

Use this graph to draw trend lines for Bhp Billiton. You can use it to identify possible trend reversals for Bhp Billiton as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Bhp Billiton price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Bhp Billiton Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Bhp Billiton applied against its price change over selected period. The best fit line has a slop of   -0.21  , which may imply that the returns on investment in Bhp Billiton will continue to fail. It has 122 observation points and a regression sum of squares at 1590.75, which is the sum of squared deviations for the predicted Bhp Billiton price change compared to its average price change.

About Bhp Billiton Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Bhp Billiton on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Bhp Billiton based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Bhp Billiton stock first instead of the macroeconomic environment surrounding Bhp Billiton. By analyzing Bhp Billiton's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Bhp Billiton's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Bhp Billiton specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2020 2021 (projected)
Book Value per Share20.2718.24
Asset Turnover0.530.48

Bhp Billiton August 7, 2022 Technical Indicators

Most technical analysis of Bhp Billiton 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 Billiton from various momentum indicators to cycle indicators. When you analyze Bhp Billiton charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Bhp Billiton August 7, 2022 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Bhp Billiton stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Continue to Trending Equities. 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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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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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
194.4 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.