SIC 1000 Metal Mining

BHP Group Limited vs Southern Copper Corporation

WatchlistBHP / SCCOPrices through Oct 22, 2026

Why these are rivals: #1 and #2 by market value ($212B vs $168B) with SEC SIC 1000 (Metal Mining).

Rivals, but right now the price gap does not have a measured habit of closing, so there is no paper idea, whatever the gap.

  • Mean reversion: ADF t-statistic of the spread: -1.67 (needs <= -2.873 (5% critical value))
Business leadership

Business size

Annual revenue reported to the SEC. Scale, not market share.

YearBHPSCCOLarger
2025-$13.4B-
2024-$11.4B-
2023-$9.9B-
2022-$10.0B-
2021-$10.9B-
2020-$8.0B-

Market value: BHP $211.6B, SCCO $168.4B.

Stock leadership

Neither is clearly ahead

Measured against the pair's own last 252 trading days.

The gap is 0.09 standard deviations, close to the usual relationship. 2 lead switches in the last year.

Price change3 mo6 mo12 mo
BHP-7.3%-2.8%+38.6%
SCCO+2.4%+0.7%+43.1%
Relationship

Not a measured twin today

Only these tests can make a pair tradable on paper.

Pass
Aligned sessions: 2521 (needs >= 254)
Pass
Co-movement: daily return correlation, 252 sessions: 0.80 (needs >= 0.60)
Fail
Mean reversion: ADF t-statistic of the spread: -1.67 (needs <= -2.873 (5% critical value))
Pass
Speed: half-life of the spread, sessions: 25.88 (needs <= 63)
Data
Both stocks current
The twins over two years

Prices side by side, and the gap between them

BHP BHP Group Limited SCCO Southern Copper CorporationPrice index, 100 = 2024-10-18. Tint = which stock is ahead of the pair's usual 1-year relationship (z beyond +/-0.5).
100150200Oct 2024Oct 2025Oct 2026BHP 136SCCO 163
Spread z-score: BHP relative to SCCO, against the 252 sessions before each day. Above 0: BHP ahead; below 0: SCCO ahead. Lines at +/-2 (idea) and +/-4 (stop).
-4stop-2idea0+2idea+4stopOct 2024Oct 2025Oct 2026
Data table (504 sessions)
DateBHP indexSCCO indexzAhead
2026-10-22135.82162.61-0.09near the usual relationship
2026-10-21141.49175.44-0.50SCCO ahead
2026-10-20143.33179.22-0.60SCCO ahead
2026-10-19145.69178.72-0.38near the usual relationship
2026-10-16145.82177.60-0.30near the usual relationship
2026-10-15145.13178.64-0.43near the usual relationship
2026-10-14145.76177.75-0.32near the usual relationship
2026-10-13148.72183.72-0.47near the usual relationship
2026-10-12151.82184.84-0.30near the usual relationship
2026-10-09151.86185.31-0.33near the usual relationship
2026-10-08148.51175.96+0.01near the usual relationship
2026-10-07149.19177.65-0.04near the usual relationship
2026-10-06152.31180.92-0.02near the usual relationship
2026-10-05152.01181.83-0.10near the usual relationship
2026-10-02150.68182.05-0.22near the usual relationship
2026-10-01148.20176.46-0.05near the usual relationship
2026-09-30148.53179.49-0.23near the usual relationship
2026-09-29148.49179.41-0.23near the usual relationship
2026-09-28148.07179.48-0.28near the usual relationship
2026-09-25148.76180.62-0.30near the usual relationship
2026-09-24148.97178.55-0.15near the usual relationship
2026-09-23148.72178.87-0.20near the usual relationship
2026-09-22153.76182.59-0.06near the usual relationship
2026-09-21150.72175.43+0.17near the usual relationship
2026-09-18151.03173.34+0.32near the usual relationship
2026-09-17151.54173.70+0.33near the usual relationship
2026-09-16147.30168.18+0.36near the usual relationship
2026-09-15148.41167.75+0.47near the usual relationship
2026-09-14148.35166.83+0.52BHP ahead
2026-09-11152.57171.38+0.52BHP ahead
2026-09-10152.92171.96+0.49near the usual relationship
2026-09-09161.50185.35+0.26near the usual relationship
2026-09-08161.05184.73+0.26near the usual relationship
2026-09-04158.30176.05+0.57BHP ahead
2026-09-03162.31176.73+0.78BHP ahead
2026-09-02163.57180.92+0.59BHP ahead
2026-09-01162.50178.57+0.64BHP ahead
2026-08-31164.43185.00+0.39near the usual relationship
2026-08-28166.58185.83+0.45near the usual relationship
2026-08-27168.71191.57+0.27near the usual relationship
2026-08-26168.64189.33+0.36near the usual relationship
2026-08-25172.78194.60+0.32near the usual relationship
2026-08-24170.05189.77+0.39near the usual relationship
2026-08-21169.87191.32+0.29near the usual relationship
2026-08-20163.92176.02+0.71BHP ahead
2026-08-19161.57172.44+0.76BHP ahead
2026-08-18155.97166.34+0.75BHP ahead
2026-08-17154.71170.10+0.47near the usual relationship
2026-08-14151.93163.52+0.65BHP ahead
2026-08-13152.71166.16+0.54BHP ahead
2026-08-12157.77172.62+0.48near the usual relationship
2026-08-11157.60172.26+0.48near the usual relationship
2026-08-10158.63177.25+0.29near the usual relationship
2026-08-07158.28176.32+0.31near the usual relationship
2026-08-06153.89170.97+0.32near the usual relationship
2026-08-05156.48174.49+0.28near the usual relationship
2026-08-04153.12172.86+0.17near the usual relationship
2026-08-03146.18164.67+0.18near the usual relationship
2026-07-31147.92161.83+0.41near the usual relationship
2026-07-30150.39163.86+0.44near the usual relationship
2026-07-29145.50155.42+0.59BHP ahead
2026-07-28146.69158.51+0.49near the usual relationship
2026-07-27146.94158.83+0.48near the usual relationship
2026-07-24146.57158.80+0.46near the usual relationship
2026-07-23146.45161.40+0.31near the usual relationship
2026-07-22148.00173.14-0.16near the usual relationship
2026-07-21146.10166.53+0.03near the usual relationship
2026-07-20140.91155.07+0.30near the usual relationship
2026-07-17141.18152.77+0.43near the usual relationship
2026-07-16141.30155.59+0.29near the usual relationship
2026-07-15149.65160.80+0.47near the usual relationship
2026-07-14147.67161.54+0.33near the usual relationship
2026-07-13142.45154.59+0.39near the usual relationship
2026-07-10143.00155.74+0.36near the usual relationship
2026-07-09139.90154.50+0.25near the usual relationship
2026-07-08137.08148.10+0.42near the usual relationship
2026-07-07140.46150.35+0.49near the usual relationship
2026-07-06146.43154.00+0.63BHP ahead
2026-07-02145.89152.36+0.68BHP ahead
2026-07-01143.94149.51+0.72BHP ahead
2026-06-30145.85154.35+0.58BHP ahead
2026-06-29143.10149.20+0.70BHP ahead
2026-06-26141.84151.69+0.50BHP ahead
2026-06-25142.09154.77+0.36near the usual relationship
2026-06-24141.32152.21+0.44near the usual relationship
2026-06-23144.00158.17+0.29near the usual relationship
2026-06-22150.18168.21+0.14near the usual relationship
2026-06-18153.83170.89+0.20near the usual relationship
2026-06-17158.19169.78+0.46near the usual relationship
2026-06-16161.96172.30+0.52BHP ahead
2026-06-15161.29171.14+0.54BHP ahead
2026-06-12159.00168.10+0.56BHP ahead
2026-06-11154.06161.35+0.63BHP ahead
2026-06-10145.22148.59+0.80BHP ahead
2026-06-09148.34155.16+0.63BHP ahead
2026-06-08146.53151.00+0.74BHP ahead
2026-06-05144.82153.21+0.54BHP ahead
2026-06-04155.43171.91+0.20near the usual relationship
2026-06-03159.05174.13+0.27near the usual relationship
2026-06-02163.08178.36+0.27near the usual relationship
2026-06-01159.70172.38+0.37near the usual relationship
2026-05-29155.65169.44+0.30near the usual relationship
2026-05-28153.71172.61+0.06near the usual relationship
2026-05-27153.76166.30+0.34near the usual relationship
2026-05-26151.42168.18+0.13near the usual relationship
2026-05-22148.11159.14+0.37near the usual relationship
2026-05-21148.70158.65+0.42near the usual relationship
2026-05-20146.27154.20+0.50BHP ahead
2026-05-19143.33149.69+0.56BHP ahead
2026-05-18147.09152.26+0.62BHP ahead
2026-05-15147.76156.58+0.45near the usual relationship
2026-05-14155.69166.96+0.35near the usual relationship
2026-05-13158.98169.96+0.37near the usual relationship
2026-05-12154.62169.84+0.17near the usual relationship
2026-05-11153.45164.07+0.36near the usual relationship
2026-05-08148.32164.12+0.11near the usual relationship
2026-05-07144.52159.03+0.15near the usual relationship
2026-05-06147.64162.90+0.12near the usual relationship
2026-05-05138.73151.49+0.19near the usual relationship
2026-05-04136.33147.30+0.26near the usual relationship
2026-05-01138.41151.62+0.16near the usual relationship
2026-04-30138.83152.07+0.16near the usual relationship
2026-04-29134.91149.19+0.09near the usual relationship
2026-04-28136.76151.01+0.09near the usual relationship
2026-04-27139.78157.77-0.06near the usual relationship
2026-04-24139.74159.81-0.15near the usual relationship
2026-04-23139.78161.43-0.23near the usual relationship
2026-04-22141.04166.26-0.37near the usual relationship
2026-04-21136.01162.56-0.47near the usual relationship
2026-04-20139.34168.96-0.57SCCO ahead
2026-04-17140.84172.12-0.63SCCO ahead
2026-04-16139.13166.74-0.51SCCO ahead
2026-04-15139.13167.67-0.55SCCO ahead
2026-04-14138.60171.28-0.72SCCO ahead
2026-04-13136.73173.94-0.93SCCO ahead
2026-04-10134.47170.56-0.91SCCO ahead
2026-04-09135.21166.56-0.72SCCO ahead
2026-04-08134.73165.78-0.72SCCO ahead
2026-04-07128.34154.09-0.56SCCO ahead
2026-04-06127.43156.48-0.72SCCO ahead
2026-04-02128.22157.51-0.73SCCO ahead
2026-04-01128.78157.62-0.71SCCO ahead
2026-03-31127.35152.40-0.56SCCO ahead
2026-03-30120.83141.08-0.40near the usual relationship
2026-03-27121.67143.55-0.48near the usual relationship
2026-03-26119.92141.51-0.48near the usual relationship
2026-03-25122.57146.58-0.58SCCO ahead
2026-03-24120.40141.61-0.47near the usual relationship
2026-03-23119.42141.36-0.51SCCO ahead
2026-03-20114.30135.26-0.52SCCO ahead
2026-03-19117.94141.55-0.62SCCO ahead
2026-03-18119.57147.67-0.81SCCO ahead
2026-03-17123.39156.79-1.01SCCO ahead
2026-03-16123.09156.60-1.03SCCO ahead
2026-03-13120.34151.31-0.96SCCO ahead
2026-03-12123.90159.93-1.14SCCO ahead
2026-03-11128.41170.08-1.33SCCO ahead
2026-03-10129.36173.75-1.43SCCO ahead
2026-03-09127.61168.86-1.34SCCO ahead
2026-03-06125.79163.84-1.25SCCO ahead
2026-03-05132.35169.95-1.16SCCO ahead
2026-03-04136.78183.05-1.45SCCO ahead
2026-03-03137.13182.67-1.43SCCO ahead
2026-03-02145.33193.84-1.45SCCO ahead
2026-02-27142.80193.36-1.57SCCO ahead
2026-02-26141.93191.05-1.54SCCO ahead
2026-02-25143.00190.61-1.49SCCO ahead
2026-02-24139.44186.62-1.53SCCO ahead
2026-02-23136.57183.39-1.57SCCO ahead
2026-02-20134.49178.04-1.48SCCO ahead
2026-02-19131.43171.90-1.41SCCO ahead
2026-02-18130.48170.65-1.43SCCO ahead
2026-02-17130.06166.52-1.29SCCO ahead
2026-02-13128.47175.38-1.75SCCO ahead
2026-02-12127.38175.24-1.83SCCO ahead
2026-02-11131.53182.92-1.92SCCO ahead
2026-02-10126.66176.17-1.95SCCO ahead
2026-02-09125.47184.48-2.38SCCO ahead
2026-02-06121.92177.18-2.33SCCO ahead
2026-02-05120.97167.81-2.02SCCO ahead
2026-02-04126.44173.58-1.96SCCO ahead
2026-02-03127.35190.82-2.65SCCO ahead
2026-02-02121.48170.77-2.21SCCO ahead
2026-01-30120.33168.57-2.21SCCO ahead
2026-01-29126.35184.17-2.55SCCO ahead
2026-01-28124.23175.54-2.35SCCO ahead
2026-01-27123.41172.58-2.31SCCO ahead
2026-01-26118.64166.88-2.39SCCO ahead
2026-01-23118.21163.24-2.28SCCO ahead
2026-01-22113.74156.25-2.27SCCO ahead
2026-01-21114.86163.03-2.57SCCO ahead
2026-01-20112.73164.97-2.88SCCO ahead
2026-01-16113.55160.27-2.63SCCO ahead
2026-01-15115.60162.06-2.62SCCO ahead
2026-01-14115.58159.66-2.53SCCO ahead
2026-01-13112.03154.45-2.56SCCO ahead
2026-01-12109.94155.89-2.86SCCO ahead
2026-01-09108.05151.04-2.79SCCO ahead
2026-01-08110.21142.21-2.10SCCO ahead
2026-01-07111.80140.03-1.85SCCO ahead
2026-01-06113.45141.79-1.85SCCO ahead
2026-01-05110.54136.75-1.78SCCO ahead
2026-01-02108.12131.70-1.65SCCO ahead
2025-12-31105.69127.08-1.55SCCO ahead
2025-12-30106.65128.86-1.61SCCO ahead
2025-12-29105.72128.70-1.70SCCO ahead
2025-12-26108.35132.44-1.75SCCO ahead
2025-12-24106.57131.20-1.84SCCO ahead
2025-12-23106.93131.11-1.82SCCO ahead
2025-12-22106.39130.36-1.84SCCO ahead
2025-12-19103.85127.55-1.88SCCO ahead
2025-12-18103.76126.02-1.79SCCO ahead
2025-12-17103.38125.29-1.79SCCO ahead
2025-12-16102.63124.24-1.80SCCO ahead
2025-12-15103.62127.42-1.98SCCO ahead
2025-12-12104.41126.14-1.82SCCO ahead
2025-12-11106.65130.76-1.99SCCO ahead
2025-12-10105.97127.53-1.83SCCO ahead
2025-12-09103.31124.36-1.85SCCO ahead
2025-12-08102.14124.92-2.04SCCO ahead
2025-12-05103.03124.37-1.93SCCO ahead
2025-12-04103.24123.96-1.89SCCO ahead
2025-12-03101.40122.75-2.00SCCO ahead
2025-12-0298.51119.49-2.05SCCO ahead
2025-12-0196.59119.36-2.28SCCO ahead
2025-11-2895.82119.38-2.40SCCO ahead
2025-11-2696.08117.83-2.26SCCO ahead
2025-11-2593.98114.37-2.21SCCO ahead
2025-11-2492.66112.31-2.19SCCO ahead
2025-11-2192.93109.56-1.91SCCO ahead
2025-11-2092.05106.31-1.69SCCO ahead
2025-11-1993.61111.05-2.02SCCO ahead
2025-11-1894.03109.96-1.88SCCO ahead
2025-11-1795.57112.53-1.98SCCO ahead
2025-11-1496.69115.76-2.20SCCO ahead
2025-11-1397.95116.94-2.20SCCO ahead
2025-11-1298.60121.15-2.58SCCO ahead
2025-11-1197.64122.69-2.90SCCO ahead
2025-11-1097.79123.55-3.03SCCO ahead
2025-11-0796.57121.00-2.99SCCO ahead
2025-11-0697.36121.56-3.01SCCO ahead
2025-11-0597.18120.39-2.98SCCO ahead
2025-11-0495.31115.85-2.78SCCO ahead
2025-11-0398.30122.49-3.18SCCO ahead
2025-10-3199.88122.94-3.08SCCO ahead
2025-10-30100.21124.10-3.24SCCO ahead
2025-10-29101.47125.49-3.30SCCO ahead
2025-10-28100.02122.55-3.24SCCO ahead
2025-10-2798.70117.79-2.91SCCO ahead
2025-10-2497.37114.56-2.74SCCO ahead
2025-10-2396.80113.70-2.77SCCO ahead
2025-10-2297.67112.42-2.50SCCO ahead
2025-10-2197.99113.66-2.66SCCO ahead
2025-10-2099.44119.52-3.29SCCO ahead
2025-10-1797.32114.98-3.09SCCO ahead
2025-10-1698.53118.04-3.40SCCO ahead
2025-10-1599.25116.83-3.18SCCO ahead
2025-10-1498.77115.81-3.19SCCO ahead
2025-10-1397.53117.98-3.84SCCO ahead
2025-10-1093.87110.81-3.51SCCO ahead
2025-10-0998.11115.65-3.58SCCO ahead
2025-10-0898.14117.39-3.99SCCO ahead
2025-10-0796.64112.25-3.52SCCO ahead
2025-10-0697.99115.13-3.87SCCO ahead
2025-10-0397.11113.63-3.92SCCO ahead
2025-10-0297.16111.00-3.52SCCO ahead
2025-10-0197.60108.63-3.04SCCO ahead
2025-09-3097.60107.49-2.86SCCO ahead
2025-09-2998.42107.25-2.67SCCO ahead
2025-09-2695.83103.63-2.54SCCO ahead
2025-09-2597.50104.48-2.37SCCO ahead
2025-09-2493.66105.85-3.68SCCO ahead
2025-09-2393.2997.66-1.92SCCO ahead
2025-09-2293.0598.71-2.26SCCO ahead
2025-09-1991.2897.42-2.45SCCO ahead
2025-09-1891.3595.00-1.85SCCO ahead
2025-09-1793.0894.67-1.32SCCO ahead
2025-09-1694.7396.06-1.26SCCO ahead
2025-09-1595.9497.38-1.29SCCO ahead
2025-09-1294.6694.05-0.78SCCO ahead
2025-09-1194.9193.05-0.46near the usual relationship
2025-09-1093.2290.43-0.21near the usual relationship
2025-09-0993.0588.49+0.27near the usual relationship
2025-09-0894.8991.58-0.09near the usual relationship
2025-09-0595.2291.21+0.09near the usual relationship
2025-09-0497.2589.30+1.11BHP ahead
2025-09-0397.8589.40+1.23BHP ahead
2025-09-0297.4686.14+2.06BHP ahead
2025-08-2997.6485.11+2.43BHP ahead
2025-08-2898.2585.67+2.46BHP ahead
2025-08-2797.8185.22+2.52BHP ahead
2025-08-2697.4386.61+2.04BHP ahead
2025-08-2597.6485.93+2.33BHP ahead
2025-08-2297.9586.40+2.30BHP ahead
2025-08-2195.4183.02+2.70BHP ahead
2025-08-2093.8282.99+2.30BHP ahead
2025-08-1994.0183.48+2.23BHP ahead
2025-08-1893.5484.92+1.65BHP ahead
2025-08-1594.8084.92+2.04BHP ahead
2025-08-1494.2286.47+1.39BHP ahead
2025-08-1395.8288.13+1.33BHP ahead
2025-08-1294.6187.02+1.34BHP ahead
2025-08-1193.3385.14+1.57BHP ahead
2025-08-0892.5488.66+0.23near the usual relationship
2025-08-0791.2386.37+0.55BHP ahead
2025-08-0690.2384.21+0.94BHP ahead
2025-08-0589.5183.73+0.88BHP ahead
2025-08-0490.3982.42+1.59BHP ahead
2025-08-0188.8181.19+1.53BHP ahead
2025-07-3188.7183.40+0.76BHP ahead
2025-07-3088.6780.19+1.85BHP ahead
2025-07-2992.2885.62+1.15BHP ahead
2025-07-2891.5386.01+0.80BHP ahead
2025-07-2593.0586.97+0.95BHP ahead
2025-07-2494.6888.11+1.08BHP ahead
2025-07-2396.8389.31+1.34BHP ahead
2025-07-2296.3987.82+1.69BHP ahead
2025-07-2193.1086.85+1.03BHP ahead
2025-07-1890.7685.42+0.79BHP ahead
2025-07-1790.4985.48+0.69BHP ahead
2025-07-1689.5885.62+0.36near the usual relationship
2025-07-1588.1886.40-0.34near the usual relationship
2025-07-1490.9088.56-0.18near the usual relationship
2025-07-1191.1890.00-0.54SCCO ahead
2025-07-1090.1890.58-1.03SCCO ahead
2025-07-0986.8588.50-1.45SCCO ahead
2025-07-0886.4191.23-2.48SCCO ahead
2025-07-0786.4792.57-2.94SCCO ahead
2025-07-0388.4593.76-2.71SCCO ahead
2025-07-0288.8193.97-2.70SCCO ahead
2025-07-0185.2190.43-2.85SCCO ahead
2025-06-3084.1989.61-3.00SCCO ahead
2025-06-2785.1290.80-3.14SCCO ahead
2025-06-2684.6392.68-4.11SCCO ahead
2025-06-2581.8385.99-2.82SCCO ahead
2025-06-2482.7985.84-2.41SCCO ahead
2025-06-2381.9983.84-1.97SCCO ahead
2025-06-2080.7882.78-2.07SCCO ahead
2025-06-1883.3784.37-1.66SCCO ahead
2025-06-1783.6584.44-1.59SCCO ahead
2025-06-1685.6185.43-1.21SCCO ahead
2025-06-1385.0083.93-0.85SCCO ahead
2025-06-1287.2084.98-0.40near the usual relationship
2025-06-1188.6085.08+0.10near the usual relationship
2025-06-1089.0886.47-0.27near the usual relationship
2025-06-0987.8585.85-0.50SCCO ahead
2025-06-0686.8084.71-0.46near the usual relationship
2025-06-0587.2485.09-0.44near the usual relationship
2025-06-0485.9683.03-0.10near the usual relationship
2025-06-0385.0881.93+0.02near the usual relationship
2025-06-0286.5481.89+0.61BHP ahead
2025-05-3085.7780.52+0.88BHP ahead
2025-05-2986.2681.83+0.54BHP ahead
2025-05-2886.1381.26+0.73BHP ahead
2025-05-2787.1882.52+0.63BHP ahead
2025-05-2387.3481.79+0.99BHP ahead
2025-05-2286.0580.09+1.19BHP ahead
2025-05-2186.3880.54+1.13BHP ahead
2025-05-2087.0481.20+1.13BHP ahead
2025-05-1988.1581.16+1.55BHP ahead
2025-05-1688.4380.42+1.94BHP ahead
2025-05-1588.4681.67+1.46BHP ahead
2025-05-1488.0682.73+0.93BHP ahead
2025-05-1388.9582.63+1.28BHP ahead
2025-05-1287.3681.72+1.08BHP ahead
2025-05-0985.2179.17+1.29BHP ahead
2025-05-0884.3378.02+1.43BHP ahead
2025-05-0784.6877.47+1.78BHP ahead
2025-05-0685.4980.18+1.04BHP ahead
2025-05-0585.1278.43+1.58BHP ahead
2025-05-0285.4979.84+1.17BHP ahead
2025-05-0183.5379.57+0.59BHP ahead
2025-04-3083.2579.29+0.60BHP ahead
2025-04-2985.0882.26+0.17near the usual relationship
2025-04-2884.7783.10-0.24near the usual relationship
2025-04-2584.4083.51-0.51SCCO ahead
2025-04-2486.3384.88-0.34near the usual relationship
2025-04-2384.7081.71+0.22near the usual relationship
2025-04-2283.4278.93+0.78BHP ahead
2025-04-2182.0976.74+1.14BHP ahead
2025-04-1781.3976.40+1.03BHP ahead
2025-04-1679.8876.34+0.51BHP ahead
2025-04-1580.9776.91+0.69BHP ahead
2025-04-1481.0477.65+0.44near the usual relationship
2025-04-1179.2274.96+0.81BHP ahead
2025-04-1076.1472.49+0.63BHP ahead
2025-04-0977.6474.77+0.30near the usual relationship
2025-04-0870.4166.99+0.65BHP ahead
2025-04-0774.0970.33+0.72BHP ahead
2025-04-0473.6569.43+0.92BHP ahead
2025-04-0381.3776.82+0.87BHP ahead
2025-04-0283.8283.58-0.72SCCO ahead
2025-04-0185.4083.15-0.04near the usual relationship
2025-03-3184.9882.78-0.06near the usual relationship
2025-03-2885.6483.38-0.05near the usual relationship
2025-03-2786.8985.78-0.45near the usual relationship
2025-03-2687.2286.54-0.60SCCO ahead
2025-03-2586.9289.88-1.76SCCO ahead
2025-03-2486.3188.26-1.46SCCO ahead
2025-03-2186.0588.94-1.76SCCO ahead
2025-03-2086.3387.88-1.35SCCO ahead
2025-03-1987.6488.17-1.03SCCO ahead
2025-03-1888.4887.51-0.57SCCO ahead
2025-03-1788.5386.70-0.31near the usual relationship
2025-03-1486.5785.15-0.43near the usual relationship
2025-03-1385.1781.85+0.12near the usual relationship
2025-03-1284.6680.02+0.46near the usual relationship
2025-03-1187.1578.71+1.35BHP ahead
2025-03-1086.8578.35+1.25BHP ahead
2025-03-0787.8280.57+0.85BHP ahead
2025-03-0688.7480.44+0.99BHP ahead
2025-03-0588.7880.15+0.98BHP ahead
2025-03-0486.1776.10+1.26BHP ahead
2025-03-0385.5076.80+0.95BHP ahead
2025-02-2884.8778.77+0.44near the usual relationship
2025-02-2786.4180.15+0.41near the usual relationship
2025-02-2687.9282.60+0.22near the usual relationship
2025-02-2588.7682.39+0.35near the usual relationship
2025-02-2489.4482.29+0.44near the usual relationship
2025-02-2190.0682.29+0.50BHP ahead
2025-02-2091.2386.64+0.02near the usual relationship
2025-02-1989.4385.37-0.06near the usual relationship
2025-02-1890.9386.30+0.00near the usual relationship
2025-02-1490.2586.16-0.08near the usual relationship
2025-02-1390.7486.66-0.10near the usual relationship
2025-02-1288.6983.49+0.04near the usual relationship
2025-02-1187.8981.57+0.16near the usual relationship
2025-02-1088.9785.95-0.25near the usual relationship
2025-02-0788.1585.67-0.31near the usual relationship
2025-02-0688.7483.80-0.05near the usual relationship
2025-02-0587.6282.75-0.06near the usual relationship
2025-02-0487.2482.60-0.09near the usual relationship
2025-02-0385.4279.65+0.03near the usual relationship
2025-01-3186.0581.15-0.08near the usual relationship
2025-01-3087.1082.06-0.08near the usual relationship
2025-01-2985.4280.93-0.14near the usual relationship
2025-01-2885.2880.18-0.08near the usual relationship
2025-01-2787.3683.38-0.22near the usual relationship
2025-01-2487.3185.47-0.43near the usual relationship
2025-01-2386.6186.08-0.56SCCO ahead
2025-01-2285.9185.34-0.56SCCO ahead
2025-01-2187.7587.40-0.59SCCO ahead
2025-01-1787.6986.91-0.56SCCO ahead
2025-01-1686.7686.29-0.59SCCO ahead
2025-01-1587.2085.91-0.52SCCO ahead
2025-01-1486.8784.45-0.43near the usual relationship
2025-01-1386.3183.92-0.44near the usual relationship
2025-01-1084.9883.80-0.54SCCO ahead
2025-01-0885.2984.68-0.60SCCO ahead
2025-01-0784.3583.06-0.55SCCO ahead
2025-01-0684.8982.87-0.49near the usual relationship
2025-01-0385.4581.50-0.33near the usual relationship
2025-01-0286.1581.63-0.30near the usual relationship
2024-12-3185.4980.72-0.28near the usual relationship
2024-12-3085.4081.00-0.32near the usual relationship
2024-12-2786.1582.56-0.39near the usual relationship
2024-12-2686.4083.79-0.48near the usual relationship
2024-12-2486.5283.64-0.46near the usual relationship
2024-12-2386.5082.88-0.41near the usual relationship
2024-12-2086.1382.38-0.41near the usual relationship
2024-12-1985.6881.47-0.38near the usual relationship
2024-12-1886.4882.34-0.39near the usual relationship
2024-12-1789.2985.69-0.45near the usual relationship
2024-12-1689.4886.26-0.48near the usual relationship
2024-12-1390.4688.57-0.58SCCO ahead
2024-12-1291.8289.93-0.59SCCO ahead
2024-12-1193.7791.68-0.59SCCO ahead
2024-12-1093.4990.81-0.55SCCO ahead
2024-12-0994.1093.48-0.69SCCO ahead
2024-12-0689.9988.57-0.64SCCO ahead
2024-12-0591.3789.57-0.62SCCO ahead
2024-12-0492.3789.65-0.57SCCO ahead
2024-12-0393.0089.75-0.55SCCO ahead
2024-12-0292.5288.62-0.51SCCO ahead
2024-11-2992.1788.88-0.55SCCO ahead
2024-11-2790.6988.32-0.61SCCO ahead
2024-11-2689.6287.28-0.62SCCO ahead
2024-11-2591.8490.35-0.68SCCO ahead
2024-11-2291.6788.34-0.58SCCO ahead
2024-11-2191.0789.18-0.67SCCO ahead
2024-11-2091.5191.23-0.77SCCO ahead
2024-11-1992.2391.92-0.77SCCO ahead
2024-11-1891.8990.19-0.70SCCO ahead
2024-11-1590.7687.90-0.64SCCO ahead
2024-11-1491.1288.81-0.67SCCO ahead
2024-11-1391.6089.45-0.69SCCO ahead
2024-11-1292.0990.97-0.76SCCO ahead
2024-11-1193.7192.79-0.77SCCO ahead
2024-11-0896.6294.87-0.74SCCO ahead
2024-11-07101.10100.54-0.81SCCO ahead
2024-11-0697.9396.99-0.79SCCO ahead
2024-11-0599.23100.99-0.94SCCO ahead
2024-11-0498.2598.59-0.87SCCO ahead
2024-11-0197.9397.52-0.84SCCO ahead
2024-10-3197.0997.03-0.87SCCO ahead
2024-10-3098.7799.07-0.89SCCO ahead
2024-10-29100.04101.34-0.95SCCO ahead
2024-10-28100.00101.69-0.97SCCO ahead
2024-10-2598.81102.22-1.07SCCO ahead
2024-10-2498.32101.44-1.06SCCO ahead
2024-10-2397.57100.82-1.08SCCO ahead
2024-10-2299.16101.48-1.04SCCO ahead
2024-10-2198.6099.55-0.98SCCO ahead
2024-10-18100.00100.00-0.94SCCO ahead

One-day company-specific moves (4+ standard deviations, which block ideas for 10 sessions): Sep 24, 2025 (BHP +0.4%, SCCO +8.4%); Jan 9, 2026 (BHP -1.9%, SCCO +6.2%); Feb 4, 2026 (BHP -0.7%, SCCO -9.0%). Upcoming earnings: SCCO Oct 27, 2026 (not-supplied).

Paired trades

The shared paper book and the replay, kept apart

Forward paper record

No paper position on this pair yet.

Historical simulation (a diagnostic, same rules)

3 simulated trades to Oct 20, 2026: +3.46% per trade on average after costs, 2 won.

LegsEnteredExitedWhyDaysBefore costsCosts + borrowAfter costs
Long SCCO · Short BHPAug 18, 2025Sep 11, 2025converged24$727.78-$47.85$693.36 (+6.93%)
Long BHP · Short SCCOJul 1, 2025Jul 17, 2025converged16$1,111.63-$46.05$1,056.66 (+10.57%)
Long BHP · Short SCCOJun 23, 2025Jun 27, 2025divergence stop4-$664.89-$46.37-$713.50 (-7.13%)

Per $10,000 a leg. A replay on today's companies cannot prove an edge.

The companies

BHP and SCCO at a glance

BHP BHP Group Limited

Listing
NYSE · SEC CIK 811809
Industry
Coal Mining · SIC 1000 Metal Mining
Market value
$211.6B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

SCCO Southern Copper Corporation

Listing
NYSE · SEC CIK 1001838
Industry
Metal Mining · SIC 1000 Metal Mining
Market value
$168.4B
Price history
2,521 daily closes, Oct 12, 2016 to Oct 22, 2026

Daily prices: Nasdaq.com. Filings and industry codes: SEC EDGAR. Earnings dates: Nasdaq earnings calendar.

Related
All pairs →
PairStatusAhead nowIndustry
SCCO / RIOWatchlistSCCO by 1.67 sdMetal Mining
BHP / RIOWatchlistBHP by 1.61 sdSIC 1000 Metal Mining
SCCO / FCXWatchlistFCX by 0.62 sdMetal Mining

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Explore the private beta

Paper only: hypothetical paired positions with modelled costs. No broker, no orders, no real money. A historical simulation is a diagnostic, not proof of an edge. Not investment advice.