Berkshire Hills Bancorp Stock Market Value
| BHLB Stock | USD 31.32 0.10 0.32% |
| Symbol | Berkshire |
Berkshire Hills Bancorp Price To Book Ratio
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Berkshire Hills. If investors know Berkshire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Berkshire Hills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.956 | Dividend Share 0.72 | Earnings Share 0.94 | Revenue Per Share 8.104 | Quarterly Revenue Growth 0.204 |
The market value of Berkshire Hills Bancorp is measured differently than its book value, which is the value of Berkshire that is recorded on the company's balance sheet. Investors also form their own opinion of Berkshire Hills' value that differs from its market value or its book value, called intrinsic value, which is Berkshire Hills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Berkshire Hills' market value can be influenced by many factors that don't directly affect Berkshire Hills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Berkshire Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Berkshire Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berkshire Hills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Berkshire Hills 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Berkshire Hills' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Berkshire Hills.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Berkshire Hills on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Berkshire Hills Bancorp or generate 0.0% return on investment in Berkshire Hills over 510 days. Berkshire Hills is related to or competes with Finward Bancorp, Community West, First Community, First Capital, National Bank, NBT Bancorp, and Financial Institutions. Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking prod... More
Berkshire Hills Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Berkshire Hills' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Berkshire Hills Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.0443 | |||
| Maximum Drawdown | 17.01 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.87 |
Berkshire Hills Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Berkshire Hills' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Berkshire Hills' standard deviation. In reality, there are many statistical measures that can use Berkshire Hills historical prices to predict the future Berkshire Hills' volatility.| Risk Adjusted Performance | 0.0847 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.0698 | |||
| Treynor Ratio | 0.1029 |
Berkshire Hills Bancorp Backtested Returns
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 1.34, risk adjusted performance of 0.0847, and Downside Deviation of 1.41 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Berkshire Hills holds a performance score of 8. The firm shows a Beta (market volatility) of 2.11, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Berkshire Hills will likely underperform. Please check Berkshire Hills' semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to make a quick decision on whether Berkshire Hills' price patterns will revert.
Auto-correlation | 0.40 |
Average predictability
Berkshire Hills Bancorp has average predictability. Overlapping area represents the amount of predictability between Berkshire Hills time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Berkshire Hills Bancorp price movement. The serial correlation of 0.4 indicates that just about 40.0% of current Berkshire Hills price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.4 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 9.41 |
Berkshire Hills Bancorp lagged returns against current returns
Autocorrelation, which is Berkshire Hills stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Berkshire Hills' stock expected returns. We can calculate the autocorrelation of Berkshire Hills returns to help us make a trade decision. For example, suppose you find that Berkshire Hills has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Berkshire Hills regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Berkshire Hills stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Berkshire Hills stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Berkshire Hills stock over time.
Current vs Lagged Prices |
| Timeline |
Berkshire Hills Lagged Returns
When evaluating Berkshire Hills' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Berkshire Hills stock have on its future price. Berkshire Hills autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Berkshire Hills autocorrelation shows the relationship between Berkshire Hills stock current value and its past values and can show if there is a momentum factor associated with investing in Berkshire Hills Bancorp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Berkshire Hills Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Berkshire Hills' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Berkshire Hills Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Berkshire Hills Bancorp Stock:Check out Berkshire Hills Correlation, Berkshire Hills Volatility and Berkshire Hills Alpha and Beta module to complement your research on Berkshire Hills. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.