Belite Bio Adr Stock Price on July 19, 2023
| BLTE Stock | USD 58.04 1.61 2.70% |
If you're considering investing in Belite Stock, it is important to understand the factors that can impact its price. As of today, the current price of Belite Bio stands at 58.04, as last reported on the 1st of February, with the highest price reaching 58.04 and the lowest price hitting 58.04 during the day. Belite Bio ADR secures Sharpe Ratio (or Efficiency) of -0.0355, which signifies that the company had a -0.0355 % return per unit of risk over the last 3 months. Belite Bio ADR exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Belite Bio's Risk Adjusted Performance of (0.001), standard deviation of 4.82, and Mean Deviation of 3.07 to double-check the risk estimate we provide.
At present, Belite Bio's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 196 M, whereas Capital Stock is forecasted to decline to 2,200. . At present, Belite Bio's Price To Book Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 12.71, whereas Price Earnings To Growth Ratio is forecasted to decline to (0.51). Belite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Belite |
Sharpe Ratio = -0.0355
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BLTE |
Estimated Market Risk
| 4.5 actual daily | 40 60% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Belite Bio is not performing at its full potential. However, 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 Belite Bio by adding Belite Bio to a well-diversified portfolio.
Related Headline
Aerovate Therapeutics Headline on 19th of July 2023
Exercise or conversion by Noyes Timothy P of 4522 shares of ... by Noyes Timothy P
Filed transaction by Aerovate Therapeutics Inc director. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
Belite Bio Valuation on July 19, 2023
It is possible to determine the worth of Belite Bio on a given historical date. On July 19, 2023 Belite was worth 14.49 at the beginning of the trading date compared to the closed value of 16.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Belite Bio stock. Still, in general, we apply an absolute valuation method to find Belite Bio's 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 Belite Bio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Belite Bio's related companies.
| Open | High | Low | Close | Volume | |
| 14.15 | 16.50 | 14.15 | 14.40 | 219,561 | |
07/19/2023 | 14.49 | 16.10 | 14.49 | 16.00 | 57,360 |
| 15.99 | 16.50 | 15.00 | 15.92 | 114,558 |
| Backtest Belite Bio | | | Belite Bio History | | | Belite Bio Valuation | Previous | Next |
Belite Bio Trading Date Momentum on July 19, 2023
| On July 20 2023 Belite Bio ADR was traded for 15.92 at the closing time. The top price for the day was 16.50 and the lowest listed price was 15.00 . The trading volume for the day was 114.6 K. The trading history from July 20, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 0.50% . The overall trading delta against the current closing price is 49.94% . |
Belite Bio ADR Fundamentals Correlations and Trends
By evaluating Belite Bio's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Belite Bio's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Belite financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Belite Bio Stock history
Belite Bio 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 Belite is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Belite Bio ADR 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 Belite Bio stock prices may prove useful in developing a viable investing in Belite Bio
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 30.6 M | 26.1 M | |
| Net Loss | -8.7 M | -9.1 M |
Belite Bio Quarterly Net Working Capital |
|
Belite Bio Stock Technical Analysis
Belite Bio 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.
Price Boundaries
Belite Bio Period Price Range
Low | February 1, 2025
| High |
0.00 | 0.00 |
Belite Bio ADR cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Belite Bio February 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Belite Bio stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Belite Bio shares will generate the highest return on investment. By undertsting and applying Belite Bio stock market strength indicators, traders can identify Belite Bio ADR entry and exit signals to maximize returns
Belite Bio Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Belite Bio's price direction in advance. Along with the technical and fundamental analysis of Belite Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Belite 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.
| Risk Adjusted Performance | (0.001) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.11) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Belite Stock analysis
When running Belite Bio's price analysis, check to measure Belite Bio's 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 Belite Bio is operating at the current time. Most of Belite Bio's value examination focuses on studying past and present price action to predict the probability of Belite Bio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Belite Bio's price. Additionally, you may evaluate how the addition of Belite Bio to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |