 BP plc  USA Stock   USD 40.65 0.01 0.0246% 
BP plc owns
Standard Deviation of 0.8748,
Market Risk Adjusted Performance of 0.1604 and
Coefficient Of Variation of 965.5. BP plc technical analysis gives you the methodology to make use of past data patterns to determine a pattern that approximates the direction of the firm future prices. Strictly speaking you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume patterns or the prices will eventually revert. We found nineteen
technical drivers for BP plc which can be compared to its peers in the sector. Please confirm
BP plc Information Ratio, and the
relationship between
Downside Deviation and
Value At Risk to decide if BP plc is priced fairly providing market reflects its prevailing price of 40.65 per share. Given that BP plc has
Jensen Alpha of
(0.03101), we suggest you validate BP plc latest market performance to make sure the company can sustain itself sooner or later.
Investment Horizon

30 Days
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BP plc Trend Analysis
Use this graph to draw trend lines for BP plc. You can use it to identify possible trend reversals for BP plc 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 BP plc price movement. To start drawing, click on the pencil icon on topright. To remove the trend, use eraser icon.
BP plc Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BP plc applied against its price change over selected period. The best fit line has a slop of
0.050417 % which suggests that BP plc will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 2.07, which is the sum of squared deviations for the predicted BP plc price change compared to its average price change.
Nearly all of Macroaxis users are currently bullish on BP plc. What is your opinion about investing in BP plc? Are you bullish or bearish?
BP plc is rated
below average in mean deviation category among related companies. It is rated
below average in standard deviation category among related companies creating about
1.21 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for BP plc is roughly
1.21