Berkshire Hills Bancorp Stock Price on June 1, 2023

BHLB Stock  USD 31.32  0.10  0.32%   
Below is the normalized historical share price chart for Berkshire Hills Bancorp extending back to June 28, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Berkshire Hills stands at 31.32, as last reported on the 26th of November, with the highest price reaching 32.36 and the lowest price hitting 31.31 during the day.
IPO Date
28th of June 2000
200 Day MA
24.5416
50 Day MA
27.9936
Beta
0.865
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Berkshire Stock, it is important to understand the factors that can impact its price. Berkshire Hills appears to be very steady, given 3 months investment horizon. Berkshire Hills Bancorp secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Berkshire Hills Bancorp, which you can use to evaluate the volatility of the firm. Please makes use of Berkshire Hills' Mean Deviation of 1.41, risk adjusted performance of 0.1041, and Downside Deviation of 1.41 to double-check if our risk estimates are consistent with your expectations.
  
At present, Berkshire Hills' Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 637.6 K, whereas Total Stockholder Equity is forecasted to decline to about 726.3 M. . At present, Berkshire Hills' Price Earnings Ratio is projected to drop slightly based on the last few years of reporting. The current year's Price To Operating Cash Flows Ratio is expected to grow to 13.28, whereas Price To Sales Ratio is forecasted to decline to 2.43. Berkshire Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.112

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Estimated Market Risk

 2.27
  actual daily
20
80% of assets are more volatile

Expected Return

 0.25
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
8
92% of assets perform better
Based on monthly moving average Berkshire Hills is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Berkshire Hills by adding it to a well-diversified portfolio.
Price Book
1.2534
Price Sales
3.8906
Shares Float
41.6 M
Dividend Share
0.72
Wall Street Target Price
30.7

Berkshire Hills Main Headline on 1st of June 2023

Berkshire Hills Bancorp dividend paid on 1st of June 2023

Berkshire Hills Valuation on June 1, 2023

It is possible to determine the worth of Berkshire Hills on a given historical date. On June 1, 2023 Berkshire was worth 19.76 at the beginning of the trading date compared to the closed value of 19.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Berkshire Hills stock. Still, in general, we apply an absolute valuation method to find Berkshire Hills' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Berkshire Hills where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Berkshire Hills' related companies.
 Open High Low Close Volume
  20.14    20.21    19.52    19.53    356,402  
06/01/2023
  19.76    20.14    19.42    19.89    294,659  
  20.25    21.50    20.23    21.38    330,068  
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Open Value
19.76
19.89
Closing Value
26.57
Upside

Berkshire Hills Trading Date Momentum on June 1, 2023

On June 02 2023 Berkshire Hills Bancorp was traded for  21.38  at the closing time. The top price for the day was 21.50  and the lowest listed price was  20.23 . The trading volume for the day was 330.1 K. The trading history from June 2, 2023 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 7.49% . The overall trading delta against the current closing price is 9.60% .

Berkshire Hills Bancorp Fundamentals Correlations and Trends

By evaluating Berkshire Hills' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Berkshire Hills' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Berkshire financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Berkshire Hills Stock history

Berkshire Hills investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Berkshire is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Berkshire Hills Bancorp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Berkshire Hills stock prices may prove useful in developing a viable investing in Berkshire Hills
Last ReportedProjected for Next Year
Common Stock Shares Outstanding43.5 M25.3 M
Net Income Applicable To Common Shares83.3 M87.4 M

Berkshire Hills Stock Technical Analysis

Berkshire Hills technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Berkshire Hills technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Berkshire Hills trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Berkshire Hills Period Price Range

Low
November 26, 2024
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High

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Berkshire Hills Bancorp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Berkshire Hills November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how Berkshire Hills stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Berkshire Hills shares will generate the highest return on investment. By undertsting and applying Berkshire Hills stock market strength indicators, traders can identify Berkshire Hills Bancorp entry and exit signals to maximize returns

Berkshire Hills Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Berkshire Hills' price direction in advance. Along with the technical and fundamental analysis of Berkshire Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Berkshire to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Berkshire Stock analysis

When running Berkshire Hills' price analysis, check to measure Berkshire Hills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Berkshire Hills is operating at the current time. Most of Berkshire Hills' value examination focuses on studying past and present price action to predict the probability of Berkshire Hills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berkshire Hills' price. Additionally, you may evaluate how the addition of Berkshire Hills to your portfolios can decrease your overall portfolio volatility.
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