Belite Bio Adr Stock Price on October 24, 2023

BLTE Stock  USD 64.50  0.20  0.31%   
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 64.50, as last reported on the 11th of December 2024, with the highest price reaching 65.90 and the lowest price hitting 63.98 during the day. Belite Bio appears to be very steady, given 3 months investment horizon. Belite Bio ADR 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. By analyzing Belite Bio's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please makes use of Belite Bio's Downside Deviation of 5.01, mean deviation of 2.76, and Risk Adjusted Performance of 0.0905 to double-check if our risk estimates are consistent with your expectations.
  
At present, Belite Bio's Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. . 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 14.13, whereas Price Earnings To Growth Ratio is forecasted to decline to (0.44). Belite Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1144

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Estimated Market Risk

 4.8
  actual daily
42
58% of assets are more volatile

Expected Return

 0.55
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.11
  actual daily
9
91% of assets perform better
Based on monthly moving average Belite Bio is performing at about 9% 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 Belite Bio by adding it to a well-diversified portfolio.
Price Book
20.4679
Book Value
3.656
Enterprise Value
2.2 B
Enterprise Value Ebitda
(35.61)
Shares Float
12.7 M

Belite Bio Valuation on October 24, 2023

It is possible to determine the worth of Belite Bio on a given historical date. On October 24, 2023 Belite was worth 37.0 at the beginning of the trading date compared to the closed value of 37.85. 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
  34.40    37.00    32.72    36.58    316,800  
10/24/2023
  37.00    37.98    35.80    37.85    227,200  
  37.56    37.56    36.34    37.12    254,200  
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Open Value
37.0
37.85
Closing Value
51.40
Upside

Belite Bio Trading Date Momentum on October 24, 2023

On October 25 2023 Belite Bio ADR was traded for  37.12  at the closing time. The top price for the day was 37.56  and the lowest listed price was  36.34 . The trading volume for the day was 254.2 K. The trading history from October 25, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.93% . The overall trading delta against the current closing price is 3.83% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding26.6 M26.1 M
Net Loss-8.7 M-9.1 M

Belite Bio Quarterly Net Working Capital

86.31 Million

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.
A focus of Belite Bio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Belite Bio 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

Belite Bio Period Price Range

Low
December 11, 2024
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High

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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 December 11, 2024 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.

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.
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