Berkshire Hills Bancorp Stock Probability of Future Stock Price Finishing Under 27.99
| BHLB Stock | USD 30.48 0.42 1.36% |
Berkshire |
Berkshire Hills Target Price Odds to finish below 27.99
The tendency of Berkshire Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 27.99 or more in 90 days |
| 30.48 | 90 days | 27.99 | about 56.57 |
Based on a normal probability distribution, the odds of Berkshire Hills to drop to $ 27.99 or more in 90 days from now is about 56.57 (This Berkshire Hills Bancorp probability density function shows the probability of Berkshire Stock to fall within a particular range of prices over 90 days) . Probability of Berkshire Hills Bancorp price to stay between $ 27.99 and its current price of $30.48 at the end of the 90-day period is about 37.04 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.1 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Berkshire Hills will likely underperform. Additionally Berkshire Hills Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Berkshire Hills Price Density |
| Price |
Predictive Modules for Berkshire Hills
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Berkshire Hills Bancorp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Berkshire Hills Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Berkshire Hills is not an exception. The market had few large corrections towards the Berkshire Hills' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Berkshire Hills Bancorp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Berkshire Hills within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 2.10 | |
σ | Overall volatility | 1.82 | |
Ir | Information ratio | 0.05 |
Berkshire Hills Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Berkshire Hills for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Berkshire Hills Bancorp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Berkshire Hills has a poor financial position based on the latest SEC disclosures | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| On 10th of October 2024 Berkshire Hills paid $ 0.18 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Implied Volatility Surging for Berkshire Hills Bancorp Stock Options |
Berkshire Hills Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Berkshire Stock often depends not only on the future outlook of the current and potential Berkshire Hills' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Berkshire Hills' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 43.5 M | |
| Cash And Short Term Investments | 1.2 B |
Berkshire Hills Technical Analysis
Berkshire Hills' future price can be derived by breaking down and analyzing its technical indicators over time. Berkshire Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Berkshire Hills Bancorp. In general, you should focus on analyzing Berkshire Stock price patterns and their correlations with different microeconomic environments and drivers.
Berkshire Hills Predictive Forecast Models
Berkshire Hills' time-series forecasting models is one of many Berkshire Hills' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Berkshire Hills' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Berkshire Hills Bancorp
Checking the ongoing alerts about Berkshire Hills for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Berkshire Hills Bancorp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Berkshire Hills has a poor financial position based on the latest SEC disclosures | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| On 10th of October 2024 Berkshire Hills paid $ 0.18 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Implied Volatility Surging for Berkshire Hills Bancorp Stock Options |
Check out Berkshire Hills Backtesting, Berkshire Hills Valuation, Berkshire Hills Correlation, Berkshire Hills Hype Analysis, Berkshire Hills Volatility, Berkshire Hills History as well as Berkshire Hills Performance. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Berkshire Hills. If investors know Berkshire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Berkshire Hills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.956 | Dividend Share 0.72 | Earnings Share 0.94 | Revenue Per Share 8.104 | Quarterly Revenue Growth 0.204 |
The market value of Berkshire Hills Bancorp is measured differently than its book value, which is the value of Berkshire that is recorded on the company's balance sheet. Investors also form their own opinion of Berkshire Hills' value that differs from its market value or its book value, called intrinsic value, which is Berkshire Hills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Berkshire Hills' market value can be influenced by many factors that don't directly affect Berkshire Hills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Berkshire Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Berkshire Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berkshire Hills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.