BHP Group Limited · Basic Materials
$60.50
-7.8%
Jul 5, 2026
D
WeakGraded against BHP's own history at this drawdown — not the market's.
What it means: BHP's own history does not strongly favor buying at this level yet.
What to do: Consider watching and waiting for a deeper dip or a higher grade.
BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It also engages in the mining of copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal. In addition, the company is involved in the mining, smelting, and refining of nickel, as well as potash development activi
Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.
In plain terms: BHP is 7.8% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.
Right now BHP — BHP Group Ltd. — is in a shallow pullback, down 7.8% from its record high. Last price: $60.5. A move of this size is statistically unremarkable. It's the kind of pullback that bounces fast or extends into a deeper correction; the next leg is what matters.
History at this drawdown level is well-populated for BHP — 2066 confirmed observations in the 10%-to-5% band. The Dipsern engine uses these to compute a rolling median rather than a mean, because medians are robust to the kind of fat tails you find in australian stocks return distributions. The win rate (% of episodes that closed positive after 90 days) is shown in the segments table below.
Drawdown-based signals work across asset classes but the magnitude of meaningful moves varies. Dipsern computes the segmentation per-asset so the bands are calibrated to BHP's own volatility history. This drawdown band tends to mean-revert quickly. The Dipsern win rate here is informative — if it's well above 50%, momentum traders treat these dips as buy-the-pullback setups.
Five tickers closest to BHP's distance from all-time high. Same category, one tap away.
Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for BHP. Median forward returns, win rates, and prediction errors are available in the full analysis.
We segment 40+ years of BHP's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.
Years of history
40+
Drawdown bands
20
Look-ahead bias
None
Data sources
4
See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for BHP.
Dipsern is research and a second opinion — not a broker. You'd buy BHP at your own broker.
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Signal computed Jul 5, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.