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BHP
Stock ticker: NYSE
AS OF
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Price
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Capitalization
142.91B

BHP BHP Group Limited Forecast, Technical & Fundamental Analysis

a developer of natural resources

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for BHP with price predictions
08:00 PM EDT Oct 02, 2023

BHP sees MACD Histogram crosses below signal line

BHP saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 26, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 47 instances where the indicator turned negative. In of the 47 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 25, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on BHP as a result. In of 77 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

BHP moved below its 50-day moving average on September 29, 2023 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BHP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BHP broke above its upper Bollinger Band on September 14, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BHP advanced for three days, in of 315 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 314 cases where BHP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.288) is normal, around the industry mean (6.415). P/E Ratio (10.977) is within average values for comparable stocks, (98.002). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.103). Dividend Yield (0.061) settles around the average of (0.061) among similar stocks. P/S Ratio (2.635) is also within normal values, averaging (224.096).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock better than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. BHP’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are BHP Group Limited (NYSE:BHP), Vale SA (NYSE:VALE), Freeport-McMoran (NYSE:FCX), Teck Resources Limited (NYSE:TECK), Cameco Corp (NYSE:CCJ).

Industry description

The category includes companies that explore for, mine and extract metals, such as copper, diamonds, nickel, cobalt ore, lead, zinc and uranium. BHP, Rio Tinto and Southern Copper Corporation are major players in this space.

Market Cap

The average market capitalization across the Other Metals/Minerals Industry is 2.39B. The market cap for tickers in the group ranges from 230 to 223.12B. BHPBF holds the highest valuation in this group at 223.12B. The lowest valued company is BAJFF at 230.

High and low price notable news

The average weekly price growth across all stocks in the Other Metals/Minerals Industry was -1%. For the same Industry, the average monthly price growth was -2%, and the average quarterly price growth was -10%. ORMND experienced the highest price growth at 940%, while EGRAY experienced the biggest fall at -71%.

Volume

The average weekly volume growth across all stocks in the Other Metals/Minerals Industry was -8%. For the same stocks of the Industry, the average monthly volume growth was -4% and the average quarterly volume growth was 28%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 80
Price Growth Rating: 65
SMR Rating: 89
Profit Risk Rating: 87
Seasonality Score: 0 (-100 ... +100)
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A.I. Advisor
published Earnings

BHP is expected to report earnings to rise 142.52% to $3.08 per share on September 04

BHP Group Limited BHP Stock Earnings Reports
Q2'23
Est.
$3.08
Q4'22
Missed
by $1.93
Q2'22
Est.
$2.46
Q2'21
Missed
by $0.69
The last earnings report on February 20 showed earnings per share of $1.27, missing the estimate of $3.20. With 2.34M shares outstanding, the current market capitalization sits at 142.91B.
A.I.Advisor
published Dividends

BHP paid dividends on September 28, 2023

BHP Group Limited BHP Stock Dividends
А dividend of $1.60 per share was paid with a record date of September 28, 2023, and an ex-dividend date of September 07, 2023. Read more...
A.I. Advisor
published General Information

General Information

a developer of natural resources

Industry OtherMetalsMinerals

Profile
Fundamentals
Details
Industry
Other Metals Or Minerals
Address
171 Collins Street
Phone
+61 396093333
Employees
83211
Web
https://www.bhp.com
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BHP and

Correlation & Price change

A.I.dvisor indicates that over the last year, BHP has been closely correlated with RIO. These tickers have moved in lockstep 94% of the time. This A.I.-generated data suggests there is a high statistical probability that if BHP jumps, then RIO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BHP
1D Price
Change %
BHP100%
-1.79%
RIO - BHP
94%
Closely correlated
-2.09%
FCX - BHP
81%
Closely correlated
-0.82%
SCCO - BHP
79%
Closely correlated
-0.65%
VALE - BHP
76%
Closely correlated
-2.57%
HBM - BHP
74%
Closely correlated
-0.22%
More

Groups containing BHP

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BHP
1D Price
Change %
BHP100%
-1.79%
australia
(undefined stocks)
94%
Closely correlated
-2.83%
BHP
(undefined stocks)
93%
Closely correlated
-1.74%
copper mining
(undefined stocks)
92%
Closely correlated
-1.40%
copper
(undefined stocks)
82%
Closely correlated
-1.42%
minerals
(undefined stocks)
80%
Closely correlated
-0.96%
More