Belite Bio Adr Stock Price on November 11, 2024
| BLTE Stock | USD 63.26 4.18 6.20% |
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 63.26, as last reported on the 30th of November, with the highest price reaching 68.56 and the lowest price hitting 63.26 during the day. Belite Bio appears to be very steady, given 3 months investment horizon. Belite Bio ADR secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% 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 0.51% is justified by implied risk. Please makes use of Belite Bio's Risk Adjusted Performance of 0.0968, mean deviation of 2.3, and Downside Deviation of 4.42 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.
Belite |
Sharpe Ratio = 0.1225
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Estimated Market Risk
| 4.19 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.12 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 18.5606 | Book Value 3.656 | Enterprise Value 2 B | Enterprise Value Ebitda (35.61) | Shares Float 12.7 M |
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Belite Bio Valuation on November 11, 2024
It is possible to determine the worth of Belite Bio on a given historical date. On November 11, 2024 Belite was worth 79.54 at the beginning of the trading date compared to the closed value of 78.64. 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 | |
| 82.10 | 83.60 | 79.71 | 81.08 | 127,118 | |
11/11/2024 | 79.54 | 80.89 | 77.62 | 78.64 | 84,354 |
| 78.31 | 82.18 | 78.20 | 81.15 | 105,808 |
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Belite Bio Trading Date Momentum on November 11, 2024
| On November 12 2024 Belite Bio ADR was traded for 81.15 at the closing time. The top price for the day was 82.18 and the lowest listed price was 78.20 . The trading volume for the day was 105.8 K. The trading history from November 12, 2024 was a factor to the next trading day price growth. The overall trading delta against the next closing price was 3.19% . The overall trading delta against the current closing price is 5.40% . |
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 | 26.6 M | 26.1 M | |
| Net Loss | -8.7 M | -9.1 M |
Belite Bio Quarterly Net Working Capital |
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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 | November 30, 2024
| 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 November 30, 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.
| Risk Adjusted Performance | 0.0968 | |||
| Jensen Alpha | 0.3795 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0765 | |||
| Treynor Ratio | 0.6895 |
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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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