Bhp Group Limited Stock Alpha and Beta Analysis
| BHP Stock | USD 58.51 0.39 0.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as BHP Group Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in BHP Group over a specified time horizon. Remember, high BHP Group's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to BHP Group's market risk premium analysis include:
Beta 1.24 | Alpha (0.11) | Risk 1.41 | Sharpe Ratio (0.03) | Expected Return (0.05) |
BHP Group Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
BHP |
BHP Group Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. BHP Group market risk premium is the additional return an investor will receive from holding BHP Group long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in BHP Group. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate BHP Group's performance over market.| α | -0.11 | β | 1.24 |
BHP Group expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of BHP Group's Buy-and-hold return. Our buy-and-hold chart shows how BHP Group performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.BHP Group Market Price Analysis
Market price analysis 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 understating and applying BHP Group stock market price indicators, traders can identify BHP Group position entry and exit signals to maximize returns.
BHP Group Return and Market Media
The median price of BHP Group for the period between Wed, Jan 24, 2024 and Tue, Apr 23, 2024 is 58.03 with a coefficient of variation of 2.45. The daily time series for the period is distributed with a sample standard deviation of 1.42, arithmetic mean of 58.01, and mean deviation of 1.2. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Long-Duration Energy Storage Is Core To Tripling Renewables By 2030 | 03/25/2024 |
| BHP Group dividend paid on 28th of March 2024 | 03/28/2024 |
2 | Bulk Buys Iron ore is heading into peak steel season, but it could be stopped in its tracks | 04/03/2024 |
3 | Buy these ASX ETFs for a big income boost | 04/10/2024 |
4 | 3 ASX shares to buy for great portfolio diversification | 04/15/2024 |
5 | 1 ASX 200 energy stock with minimal competition to buy right now | 04/16/2024 |
6 | BHP keeps full-year iron ore output guidance despite quarterly drop | 04/18/2024 |
7 | BHPs growing love for copper in South Australia | 04/19/2024 |
About BHP Group Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including BHP or other stocks. Alpha measures the amount that position in BHP Group Limited has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.13 | 0.0878 | 0.0238 | 0.0283 | Price To Sales Ratio | 2.18 | 2.81 | 1.13 | 1.66 |
BHP Group Upcoming Company Events
As portrayed in its financial statements, the presentation of BHP Group's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, BHP Group's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of BHP Group's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of BHP Group. Please utilize our Beneish M Score to check the likelihood of BHP Group's management manipulating its earnings.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 27th of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Build Portfolio with BHP Group
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out BHP Group Backtesting, BHP Group Valuation, BHP Group Correlation, BHP Group Hype Analysis, BHP Group Volatility, BHP Group History and analyze BHP Group Performance. Note that the BHP Group Limited information on this page should be used as a complementary analysis to other BHP Group'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 the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for BHP Stock analysis
When running BHP Group's price analysis, check to measure BHP Group'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 Group is operating at the current time. Most of BHP Group's value examination focuses on studying past and present price action to predict the probability of BHP Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BHP Group's price. Additionally, you may evaluate how the addition of BHP Group to your portfolios can decrease your overall portfolio volatility.
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BHP Group 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.