BHP (Mexico) Technical Analysis
| BHPN Stock | MXN 1,139 0.00 0.00% |
As of the 25th of December, BHP shows the risk adjusted performance of 0.084, and Mean Deviation of 0.4608. BHP Group technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.
BHP Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as BHP, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to BHPBHP |
BHP 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.
BHP Group Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of BHP Group volatility. High ATR values indicate high volatility, and low values indicate low volatility.
BHP Group Trend Analysis
Use this graph to draw trend lines for BHP Group. You can use it to identify possible trend reversals for BHP 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 BHP price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.BHP Best Fit Change Line
The following chart estimates an ordinary least squares regression model for BHP Group applied against its price change over selected period. The best fit line has a slop of 0.53 , which may suggest that BHP Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 10749.51, which is the sum of squared deviations for the predicted BHP price change compared to its average price change.About BHP Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of BHP Group on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of BHP Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on BHP Group price pattern first instead of the macroeconomic environment surrounding BHP Group. By analyzing BHP's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of BHP's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to BHP specific price patterns or momentum indicators. Please read more on our technical analysis page.
BHP December 25, 2024 Technical Indicators
Most technical analysis of BHP help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for BHP from various momentum indicators to cycle indicators. When you analyze BHP charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.084 | |||
| Market Risk Adjusted Performance | (31.37) | |||
| Mean Deviation | 0.4608 | |||
| Coefficient Of Variation | 1022.75 | |||
| Standard Deviation | 1.93 | |||
| Variance | 3.73 | |||
| Information Ratio | 0.0746 | |||
| Jensen Alpha | 0.1791 | |||
| Total Risk Alpha | 0.095 | |||
| Treynor Ratio | (31.38) | |||
| Maximum Drawdown | 18.45 | |||
| Skewness | 7.57 | |||
| Kurtosis | 60.75 |
Additional Tools for BHP Stock Analysis
When running BHP's price analysis, check to measure BHP'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 is operating at the current time. Most of BHP's value examination focuses on studying past and present price action to predict the probability of BHP'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's price. Additionally, you may evaluate how the addition of BHP to your portfolios can decrease your overall portfolio volatility.