BHP Group Stock Forecast - Price Action Indicator
| BHP Stock | 2,080 33.00 1.61% |
BHP Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BHP Group stock prices and determine the direction of BHP Group Limited's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BHP Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
BHP |
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BHP Group Trading Date Momentum
| On December 02 2024 BHP Group Limited was traded for 2,080 at the closing time. The highest price during the trading period was 2,083 and the lowest recorded bid was listed for 2,053 . There was no trading activity during the period 0.0. Lack of trading volume on December 2, 2024 did not affect price variability. The overall trading delta to the current price is 0.72% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for BHP Group
For every potential investor in BHP, whether a beginner or expert, BHP Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BHP Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BHP. Basic forecasting techniques help filter out the noise by identifying BHP Group's price trends.BHP Group Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with BHP Group stock to make a market-neutral strategy. Peer analysis of BHP Group could also be used in its relative valuation, which is a method of valuing BHP Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BHP Group Limited Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of BHP Group's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of BHP Group's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
BHP Group Market Strength Events
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 Risk Indicators
The analysis of BHP Group's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in BHP Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bhp stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.23 | |||
| Semi Deviation | 1.67 | |||
| Standard Deviation | 1.71 | |||
| Variance | 2.92 | |||
| Downside Variance | 3.27 | |||
| Semi Variance | 2.78 | |||
| Expected Short fall | (1.23) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Stock 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 Historical Fundamental Analysis of BHP Group to cross-verify your projections. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.