Berry Petroleum Corp Stock Price on May 1, 2024
BRY Stock | USD 4.26 0.07 1.67% |
If you're considering investing in Berry Stock, it is important to understand the factors that can impact its price. As of today, the current price of Berry Petroleum stands at 4.26, as last reported on the 22nd of November, with the highest price reaching 4.34 and the lowest price hitting 4.20 during the day. Berry Petroleum Corp secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of risk over the last 3 months. Berry Petroleum Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Berry Petroleum's Mean Deviation of 2.02, standard deviation of 2.77, and Risk Adjusted Performance of (0.14) to double-check the risk estimate we provide.
Berry Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Berry |
Sharpe Ratio = -0.197
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Estimated Market Risk
2.77 actual daily | 24 76% of assets are more volatile |
Expected Return
-0.55 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Berry Petroleum 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 Berry Petroleum by adding Berry Petroleum to a well-diversified portfolio.
Berry Petroleum Valuation on May 1, 2024
It is possible to determine the worth of Berry Petroleum on a given historical date. On May 1, 2024 Berry was worth 7.71 at the beginning of the trading date compared to the closed value of 7.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Berry Petroleum stock. Still, in general, we apply an absolute valuation method to find Berry Petroleum'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 Berry Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Berry Petroleum's related companies.
Open | High | Low | Close | Volume | |
8.08 | 8.08 | 7.82 | 7.84 | 1,487,827 | |
05/01/2024 | 7.71 | 7.72 | 7.27 | 7.42 | 2,094,561 |
7.48 | 7.58 | 7.32 | 7.43 | 1,658,970 |
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Berry Petroleum Trading Date Momentum on May 1, 2024
On May 02 2024 Berry Petroleum Corp was traded for 7.43 at the closing time. Highest Berry Petroleum's price during the trading hours was 7.58 and the lowest price during the day was 7.32 . The net volume was 1.7 M. The overall trading history on the 2nd of May contributed to the next trading period price jump. The overall trading delta to the next next day price was 0.13% . The overall trading delta to current price is 6.33% . |
Berry Petroleum Corp Fundamentals Correlations and Trends
By evaluating Berry Petroleum'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 Berry Petroleum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Berry financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Berry Petroleum Stock history
Berry Petroleum 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 Berry is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Berry Petroleum Corp 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 Berry Petroleum stock prices may prove useful in developing a viable investing in Berry Petroleum
Berry Corporation, an independent upstream energy company, engages in the development and production of conventional oil reserves located in the western United States. Berry Corporation was founded in 1909 and is headquartered in Dallas, Texas. Berry Pete operates under Oil Gas EP classification in the United States and is traded on NASDAQ Exchange. It employs 1224 people.
Berry Petroleum Stock Technical Analysis
Berry Petroleum 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
Berry Petroleum Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Berry Petroleum Corp 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.
Berry Petroleum November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Berry Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Berry Petroleum shares will generate the highest return on investment. By undertsting and applying Berry Petroleum stock market strength indicators, traders can identify Berry Petroleum Corp entry and exit signals to maximize returns
Berry Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Berry Petroleum's price direction in advance. Along with the technical and fundamental analysis of Berry Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Berry 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 | (0.14) | |||
Jensen Alpha | (0.49) | |||
Total Risk Alpha | (0.92) | |||
Treynor Ratio | 0.8546 |
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Additional Tools for Berry Stock Analysis
When running Berry Petroleum's price analysis, check to measure Berry Petroleum'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 Berry Petroleum is operating at the current time. Most of Berry Petroleum's value examination focuses on studying past and present price action to predict the probability of Berry Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berry Petroleum's price. Additionally, you may evaluate how the addition of Berry Petroleum to your portfolios can decrease your overall portfolio volatility.