2.BHP weekly closing share price (col3)
3.BHP weekly returns
4.Relationship between BHP and the all ordinaries
BHP Billiton is an Anglo-Australia multinational mining and petroleum company. This company is listed as part of the ASX and hence will give a good indication of the Australian economy. According to the Australia’s exports of goods and services data, 47.5% of Australia’s exports are of minerals and fuels. This means that the products that the BHP Company produces are the most prominent factor, which can improve Australia’s economy. Hence the goal of this report is to analyze this company’s data to understand the economical conditions in Australia since 1999 to present.
This report will analyze weekly closing price fluctuations, and through the analysis of all ordinary returns and BHP’s returns, work out the features of the data. Also this report will show how the results apply to Australia’s economy and draw out conclusions.
All Ords. (2013). All Ords: Share Prices & Chart. Retrieved April 3, 2013, from www.asxallordinaries.com
Closing Price. (2013). Investopedia. Retrieved April 4, 2013, from www.investopedia.com/terms/c/closingprice.asp
Gokay, B. (2009). The 2008 World Economic Crisis: Global Shifts and Faultlines. Retrieved from http://www.globalresearch.ca/the-2008-world-economic-crisis-global-shifts-and-faultlines/12283
Kearns, J. (2009). The Australian Money Market in a Global Crisis. Retrieved April 6, 2013, from http://www.rba.gov.au/PublicationsAndResearch/Bulletin/bu_jun09/Pdf/bu-0609-2.pdf