BHP Invested Capital vs Dividend Yield Analysis
BHP Stock | USD 55.58 0.58 1.05% |
BHP Group financial indicator trend analysis is way more than just evaluating BHP Group Limited prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether BHP Group Limited is a good investment. Please check the relationship between BHP Group Invested Capital and its Dividend Yield accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Invested Capital vs Dividend Yield
Invested Capital vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of BHP Group Limited Invested Capital account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between BHP Group's Invested Capital and Dividend Yield is -0.46. Overlapping area represents the amount of variation of Invested Capital that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of BHP Group Limited, assuming nothing else is changed. The correlation between historical values of BHP Group's Invested Capital and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Invested Capital of BHP Group Limited are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Invested Capital i.e., BHP Group's Invested Capital and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.46 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Invested Capital
Invested capital represents the total cash investment that shareholders and debt holders have contributed to BHP Group Limited. There are two different methods for calculating BHP Group Limited invested capital: operating approach and financing approach. Understanding BHP Group invested capital allows investors to calculate measures of performance such as return on invested capital or return on capital employed.Dividend Yield
Dividend Yield is BHP Group Limited dividend as a percentage of BHP Group stock price. BHP Group Limited dividend yield is a measure of BHP Group stock productivity, which can be interpreted as interest rate earned on an BHP Group investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from BHP Group's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into BHP Group Limited current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. As of 05/02/2024, Discontinued Operations is likely to grow to about 12.9 B, while Selling General Administrative is likely to drop slightly above 3.6 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 39.7B | 27.7B | 31.8B | 16.5B | Total Revenue | 65.1B | 53.8B | 61.9B | 35.3B |
BHP Group fundamental ratios Correlations
Click cells to compare fundamentals
BHP Group Account Relationship Matchups
High Positive Relationship
High Negative Relationship
BHP Group fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 104.8B | 108.9B | 95.2B | 101.3B | 116.5B | 68.1B | |
Short Long Term Debt Total | 27.0B | 21.0B | 16.4B | 22.3B | 25.7B | 16.2B | |
Other Current Liab | 3.9B | 6.6B | 8.9B | 5.5B | 6.4B | 3.8B | |
Total Current Liabilities | 14.8B | 16.4B | 16.9B | 19.0B | 21.9B | 23.0B | |
Total Stockholder Equity | 47.9B | 51.3B | 45.0B | 43.1B | 49.5B | 31.9B | |
Property Plant And Equipment Net | 72.4B | 73.8B | 61.3B | 71.8B | 82.6B | 46.2B | |
Net Debt | 13.6B | 5.7B | (808M) | 9.9B | 11.4B | 10.0B | |
Retained Earnings | 43.5B | 46.8B | 40.3B | 39.8B | 45.8B | 28.1B | |
Cash | 13.4B | 15.2B | 17.2B | 12.4B | 14.3B | 15.0B | |
Non Current Assets Total | 83.3B | 82.2B | 64.9B | 77.9B | 89.6B | 52.4B | |
Non Currrent Assets Other | 1.5B | 1.7B | (56M) | 2.1B | 1.9B | 2.0B | |
Cash And Short Term Investments | 13.5B | 15.5B | 17.5B | 12.5B | 14.3B | 15.0B | |
Net Receivables | 3.7B | 6.3B | 5.7B | 5.1B | 5.9B | 4.1B | |
Liabilities And Stockholders Equity | 104.8B | 108.9B | 95.2B | 101.3B | 116.5B | 68.1B | |
Non Current Liabilities Total | 37.7B | 36.9B | 13.2B | 33.7B | 38.8B | 19.6B | |
Inventory | 4.1B | 4.4B | 4.9B | 5.2B | 6.0B | 3.3B | |
Other Stockholder Equity | (5M) | (33M) | (12M) | (41M) | (36.9M) | (35.1M) | |
Total Liab | 52.5B | 53.3B | 46.4B | 52.8B | 60.7B | 33.6B | |
Total Current Assets | 21.5B | 26.7B | 28.7B | 23.4B | 26.9B | 14.1B | |
Short Term Debt | 5.0B | 2.6B | 2.6B | 7.2B | 8.2B | 8.7B | |
Intangible Assets | 377M | 240M | 172M | 221M | 254.2M | 452.3M | |
Other Current Assets | 130M | 129M | 175M | 131M | 150.7M | 143.1M | |
Accounts Payable | 5.8B | 7.0B | 5.4B | 6.3B | 7.2B | 4.9B | |
Other Liab | 14.3B | 17.4B | 14.2B | 16.9B | 19.5B | 10.2B | |
Other Assets | 5.4B | 3.6B | 1.6B | 2.0B | 2.3B | 2.2B | |
Long Term Debt | 19.4B | 18.4B | 13.8B | 12.7B | 14.6B | 17.6B | |
Short Term Investments | 84M | 230M | 303M | 29M | 26.1M | 24.8M | |
Accumulated Other Comprehensive Income | 2.3B | 2.4B | 12M | (1.4B) | (1.6B) | (1.7B) | |
Property Plant Equipment | 72.4B | 73.8B | 61.3B | 71.8B | 82.6B | 63.3B | |
Property Plant And Equipment Gross | 72.4B | 73.8B | 121.1B | 135.3B | 155.6B | 163.4B | |
Current Deferred Revenue | 97M | 105M | 34M | 47M | 42.3M | 40.2M | |
Long Term Investments | 5.1B | 3.4B | 2.2B | 2.4B | 2.1B | 2.9B | |
Short Long Term Debt | 5.0B | 2.6B | 2.6B | 1.3B | 1.2B | 1.1B | |
Net Tangible Assets | 46.6B | 47.3B | 49.8B | 43.6B | 39.2B | 42.6B |
BHP Group Investors Sentiment
The influence of BHP Group's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BHP. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to BHP Group's public news can be used to forecast risks associated with an investment in BHP. The trend in average sentiment can be used to explain how an investor holding BHP can time the market purely based on public headlines and social activities around BHP Group Limited. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
BHP Group's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BHP Group's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BHP Group's news discussions. The higher the estimated score, the more favorable is the investor's outlook on BHP Group.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BHP Group in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BHP Group's short interest history, or implied volatility extrapolated from BHP Group options trading.
Pair Trading with BHP Group
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 BHP Group 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 BHP Group will appreciate offsetting losses from the drop in the long position's value.Moving together with BHP Stock
0.67 | NB | NioCorp Developments | PairCorr |
0.77 | VZLA | Vizsla Resources Corp Financial Report 18th of July 2024 | PairCorr |
Moving against BHP Stock
0.44 | IPX | IperionX Limited American | PairCorr |
The ability to find closely correlated positions to BHP Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BHP Group 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 BHP Group - 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 BHP Group Limited to buy it.
The correlation of BHP Group 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 BHP Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BHP Group Limited 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 BHP Group 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BHP Group Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. 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 Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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Is BHP Group'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 Group. If investors know BHP 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 Group 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 (0.86) | Dividend Share 1.52 | Earnings Share 2.91 | Revenue Per Share 21.974 | Quarterly Revenue Growth 0.057 |
The market value of BHP Group Limited is measured differently than its book value, which is the value of BHP that is recorded on the company's balance sheet. Investors also form their own opinion of BHP Group's value that differs from its market value or its book value, called intrinsic value, which is BHP Group'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 Group's market value can be influenced by many factors that don't directly affect BHP Group'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 Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if BHP Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BHP Group'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.