Bp Plc Adr Stock Beta

BP Stock

USD 38.91 0.39 1.01%

BP PLC ADR fundamentals help investors to digest information that contributes to BP PLC's financial success or failures. It also enables traders to predict the movement of BP PLC Stock. The fundamental analysis module provides a way to measure BP PLC's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BP PLC stock.

Short Long Term Debt Total Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

BP PLC ADR Company Beta Analysis

BP PLC's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current BP PLC Beta

0.55

Most of BP PLC's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BP PLC ADR is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

BP PLC Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for BP PLC is extremely important. It helps to project a fair market value of BP PLC Stock properly, considering its historical fundamentals such as Beta. Since BP PLC's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of BP PLC's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of BP PLC's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Intangible Assets	Net Receivables	Long Term Debt	Good Will	Property Plant Equipment	Current Deferred Revenue	Treasury Stock	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Deferred Long Term Liab	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.82	0.62	0.73	0.83	-0.77	0.97	0.89	0.66	0.23	0.54	-0.15	0.7	0.49	0.74	0.08	-0.49	-0.17	0.08	-0.23	-0.16	0.09	0.12	0.04	0.05	-0.05	0.16
Total Stockholder Equity	0.82		0.36	0.97	0.61	-0.75	0.67	0.66	0.6	0.31	0.88	-0.27	0.39	0.19	0.84	-0.19	-0.85	0.32	-0.33	0.12	0.26	-0.24	-0.34	-0.33	0.43	-0.25	0.36
Net Debt	0.62	0.36		0.28	0.36	-0.69	0.68	0.34	0.86	0.04	0.03	-0.02	0.9	0.42	0.52	0.3	0.07	-0.35	0.33	-0.4	-0.55	0.71	0.32	-0.15	0.12	-0.12	0.22
Retained Earnings	0.73	0.97	0.28		0.47	-0.68	0.56	0.54	0.51	0.26	0.88	-0.17	0.33	0.13	0.87	-0.27	-0.89	0.35	-0.41	0.11	0.29	-0.29	-0.36	-0.35	0.51	-0.18	0.36
Accounts Payable	0.83	0.61	0.36	0.47		-0.53	0.84	0.86	0.36	0.3	0.47	-0.29	0.41	0.38	0.46	0.25	-0.29	-0.15	0.22	-0.15	-0.16	-0.07	0.2	0.11	-0.15	-0.19	-0.03
Short Term Investments	-0.77	-0.75	-0.69	-0.68	-0.53		-0.71	-0.44	-0.68	-0.21	-0.6	0.25	-0.72	-0.03	-0.73	0.1	0.51	-0.01	0.31	0.25	0.12	-0.09	0.18	0.43	-0.45	0.34	-0.52
Total Liab	0.97	0.67	0.68	0.56	0.84	-0.71		0.88	0.62	0.17	0.35	-0.09	0.77	0.54	0.63	0.19	-0.29	-0.36	0.24	-0.36	-0.34	0.22	0.31	0.18	-0.1	0.02	0.06
Total Current Assets	0.89	0.66	0.34	0.54	0.86	-0.44	0.88		0.43	0.25	0.41	-0.13	0.41	0.55	0.45	0.14	-0.4	-0.15	0.28	-0.05	-0.04	-0.06	0.19	0.31	-0.2	0.16	-0.06
Short Term Debt	0.66	0.6	0.86	0.51	0.36	-0.68	0.62	0.43		0.23	0.34	-0.04	0.67	0.44	0.61	0.27	-0.27	-0.01	0.15	-0.1	-0.2	0.49	0.01	-0.31	0.25	-0.19	0.23
Common Stock	0.23	0.31	0.04	0.26	0.3	-0.21	0.17	0.25	0.23		0.31	-0.28	-0.15	0.17	0.06	0.62	-0.4	0.33	-0.03	0.38	0.32	-0.22	-0.25	-0.11	0.15	-0.03	0.13
Intangible Assets	0.54	0.88	0.03	0.88	0.47	-0.6	0.35	0.41	0.34	0.31		-0.38	0.03	-0.2	0.69	-0.33	-0.9	0.53	-0.58	0.27	0.45	-0.55	-0.54	-0.46	0.55	-0.44	0.38
Net Receivables	-0.15	-0.27	-0.02	-0.17	-0.29	0.25	-0.09	-0.13	-0.04	-0.28	-0.38		0.11	0.26	0.0	0.06	0.22	-0.42	0.02	-0.49	-0.25	0.37	0.27	0.17	-0.34	0.47	-0.41
Long Term Debt	0.7	0.39	0.9	0.33	0.41	-0.72	0.77	0.41	0.67	-0.15	0.03	0.11		0.44	0.62	0.09	0.02	-0.55	0.2	-0.66	-0.64	0.64	0.42	0.01	-0.02	-0.01	0.12
Good Will	0.49	0.19	0.42	0.13	0.38	-0.03	0.54	0.55	0.44	0.17	-0.2	0.26	0.44		0.21	0.55	0.1	-0.38	0.58	-0.17	-0.31	0.49	0.44	0.35	-0.45	0.29	-0.34
Property Plant Equipment	0.74	0.84	0.52	0.87	0.46	-0.73	0.63	0.45	0.61	0.06	0.69	0.0	0.62	0.21		-0.17	-0.64	-0.05	-0.28	-0.31	-0.17	0.09	0.01	-0.25	0.29	-0.21	0.12
Current Deferred Revenue	0.08	-0.19	0.3	-0.27	0.25	0.1	0.19	0.14	0.27	0.62	-0.33	0.06	0.09	0.55	-0.17		0.33	-0.26	0.56	-0.06	-0.31	0.41	0.39	0.2	-0.37	0.02	-0.31
Treasury Stock	-0.49	-0.85	0.07	-0.89	-0.29	0.51	-0.29	-0.4	-0.27	-0.4	-0.9	0.22	0.02	0.1	-0.64	0.33		-0.51	0.63	-0.3	-0.55	0.57	0.57	0.32	-0.49	0.13	-0.32
Net Tangible Assets	-0.17	0.32	-0.35	0.35	-0.15	-0.01	-0.36	-0.15	-0.01	0.33	0.53	-0.42	-0.55	-0.38	-0.05	-0.26	-0.51		-0.43	0.87	0.9	-0.64	-0.88	-0.65	0.75	-0.37	0.62
Long Term Investments	0.08	-0.33	0.33	-0.41	0.22	0.31	0.24	0.28	0.15	-0.03	-0.58	0.02	0.2	0.58	-0.28	0.56	0.63	-0.43		-0.06	-0.48	0.57	0.71	0.54	-0.54	0.38	-0.41
Short Long Term Debt	-0.23	0.12	-0.4	0.11	-0.15	0.25	-0.36	-0.05	-0.1	0.38	0.27	-0.49	-0.66	-0.17	-0.31	-0.06	-0.3	0.87	-0.06		0.82	-0.55	-0.66	-0.31	0.45	-0.1	0.39
Deferred Long Term Liab	-0.16	0.26	-0.55	0.29	-0.16	0.12	-0.34	-0.04	-0.2	0.32	0.45	-0.25	-0.64	-0.31	-0.17	-0.31	-0.55	0.9	-0.48	0.82		-0.78	-0.87	-0.39	0.55	-0.15	0.5
Long Term Debt Total	0.09	-0.24	0.71	-0.29	-0.07	-0.09	0.22	-0.06	0.49	-0.22	-0.55	0.37	0.64	0.49	0.09	0.41	0.57	-0.64	0.57	-0.55	-0.78		0.65	0.13	-0.37	0.22	-0.31
Capital Surpluse	0.12	-0.34	0.32	-0.36	0.2	0.18	0.31	0.19	0.01	-0.25	-0.54	0.27	0.42	0.44	0.01	0.39	0.57	-0.88	0.71	-0.66	-0.87	0.65		0.7	-0.76	0.41	-0.71
Cash And Equivalents	0.04	-0.33	-0.15	-0.35	0.11	0.43	0.18	0.31	-0.31	-0.11	-0.46	0.17	0.01	0.35	-0.25	0.2	0.32	-0.65	0.54	-0.31	-0.39	0.13	0.7		-0.78	0.64	-0.66
Net Invested Capital	0.05	0.43	0.12	0.51	-0.15	-0.45	-0.1	-0.2	0.25	0.15	0.55	-0.34	-0.02	-0.45	0.29	-0.37	-0.49	0.75	-0.54	0.45	0.55	-0.37	-0.76	-0.78		-0.48	0.89
Net Working Capital	-0.05	-0.25	-0.12	-0.18	-0.19	0.34	0.02	0.16	-0.19	-0.03	-0.44	0.47	-0.01	0.29	-0.21	0.02	0.13	-0.37	0.38	-0.1	-0.15	0.22	0.41	0.64	-0.48		-0.44
Capital Stock	0.16	0.36	0.22	0.36	-0.03	-0.52	0.06	-0.06	0.23	0.13	0.38	-0.41	0.12	-0.34	0.12	-0.31	-0.32	0.62	-0.41	0.39	0.5	-0.31	-0.71	-0.66	0.89	-0.44

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict BP PLC

In accordance with the recently published financial statements, BP PLC ADR has a Beta of 0.551. This is 67.59% lower than that of the Oil, Gas & Consumable Fuels sector and 50.8% lower than that of the Energy industry. The beta for all United States stocks is notably lower than that of the firm.

BP PLC Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BP PLC's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BP PLC could also be used in its relative valuation, which is a method of valuing BP PLC by comparing valuation metrics of similar companies.

BP PLC is currently under evaluation in beta category among related companies.

BP PLC Current Valuation Drivers

We derive many important indicators used in calculating different scores of BP PLC from analyzing BP PLC's financial statements. These drivers represent accounts that assess BP PLC's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of BP PLC's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	127.6B	69.2B	89.3B	102.4B	92.2B	103.8B
Enterprise Value	182.6B	121.9B	128.4B	132.5B	119.2B	121.2B

BP PLC Institutional Holders

Institutional Holdings refers to the ownership stake in BP PLC that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of BP PLC's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing BP PLC's value.

		Shares
Citadel Advisors Llc	2023-09-30	7.9 M
Millennium Management Llc	2023-12-31	7.6 M
Point72 Asset Management, L.p.	2023-09-30	6.3 M
T. Rowe Price Associates, Inc.	2023-12-31	6.1 M
Bnp Paribas Arbitrage, Sa	2023-12-31	4.9 M
Mondrian Investment Partners Ltd	2023-12-31	4.1 M
Bank Of Montreal	2023-12-31	4 M
Bmo Capital Markets Corp.	2023-12-31	4 M
Altrinsic Global Advisors Llc	2023-12-31	3.8 M
State Street Corporation	2023-12-31	22 M
Fisher Asset Management, Llc	2023-12-31	19.2 M

As returns on the market increase, BP PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding BP PLC is expected to be smaller as well.

BP PLC Fundamentals

	Return On Equity	0.19
	Return On Asset	0.0582
	Profit Margin	0.07 %
	Operating Margin	0.03 %
	Current Valuation	680.66 B
	Shares Outstanding	2.8 B
	Shares Owned By Institutions	11.74 %
	Number Of Shares Shorted	5.89 M
	Price To Earning	15.93 X
	Price To Book	1.58 X
	Price To Sales	0.53 X
	Revenue	210.13 B
	Gross Profit	70.17 B
	EBITDA	46.35 B
	Net Income	15.24 B
	Cash And Equivalents	29.2 B
	Cash Per Share	10.29 X
	Total Debt	63.08 B
	Debt To Equity	0.75 %
	Current Ratio	1.16 X
	Book Value Per Share	4.18 X
	Cash Flow From Operations	32.04 B
	Short Ratio	0.83 X
	Earnings Per Share	5.15 X
	Price To Earnings To Growth	13.74 X
	Target Price	43.2
	Number Of Employees	87.8 K
	Beta	0.55
	Market Capitalization	108 B
	Total Asset	280.29 B
	Retained Earnings	62.55 B
	Working Capital	18.07 B
	Current Asset	70.02 B
	Current Liabilities	54.63 B
	Annual Yield	0.04 %
	Five Year Return	6.49 %
	Net Asset	280.29 B
	Last Dividend Paid	0.28

About BP PLC Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze BP PLC ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BP PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BP PLC ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with BP PLC

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 BP PLC 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 BP PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with BP PLC Stock

0.73	E	Eni SpA ADR Earnings Call Tomorrow	Pair Corr
0.93	SU	Suncor Energy Financial Report 13th of May 2024	Pair Corr

Moving against BP PLC Stock

0.74	EP	Empire Petroleum Corp	Pair Corr
0.53	PBR	Petroleo Brasileiro Aggressive Push	Pair Corr

The ability to find closely correlated positions to BP PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BP PLC 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 BP PLC - 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 BP PLC ADR to buy it.

The correlation of BP PLC is a statistical measure of how it moves in relation to other instruments. 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 BP PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BP PLC ADR 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 BP PLC 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 Correlation Correlation Matching

When determining whether BP PLC ADR 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 BP PLC 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 Bp Plc Adr Stock. Highlighted below are key reports to facilitate an investment decision about Bp Plc Adr Stock:

How To Invest In BP PLC

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Is BP PLC Stock a good investment?

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What is BP PLC's Net Worth?

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Check out BP PLC Piotroski F Score and BP PLC Altman Z Score analysis.

You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Complementary Tools for BP PLC Stock analysis

When running BP PLC's price analysis, check to measure BP PLC'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 BP PLC is operating at the current time. Most of BP PLC's value examination focuses on studying past and present price action to predict the probability of BP PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BP PLC's price. Additionally, you may evaluate how the addition of BP PLC to your portfolios can decrease your overall portfolio volatility.

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Is BP PLC'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 BP PLC. If investors know BP PLC 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 BP PLC 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

(0.96)

Dividend Share

0.284

Earnings Share

5.15

Revenue Per Share

18.003

Quarterly Revenue Growth

(0.25)

The market value of BP PLC ADR is measured differently than its book value, which is the value of BP PLC that is recorded on the company's balance sheet. Investors also form their own opinion of BP PLC's value that differs from its market value or its book value, called intrinsic value, which is BP PLC'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 BP PLC's market value can be influenced by many factors that don't directly affect BP PLC'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 BP PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if BP PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BP PLC'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Bp Plc Adr Stock Beta

BP PLC ADR Company Beta Analysis

Beta

Covariance

Variance

Current BP PLC Beta

BP PLC Beta Driver Correlations

BP PLC Beta Peer Comparison

BP PLC Current Valuation Drivers

BP PLC Institutional Holders

BP PLC Fundamentals

About BP PLC Fundamental Analysis

Pair Trading with BP PLC

Moving together with BP PLC Stock

Moving against BP PLC Stock

Complementary Tools for BP PLC Stock analysis

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