Berkshire Hills Bancorp Stock Price on October 29, 2021
| BHLB Stock | USD 22.34 0.08 0.36% |
Below is the normalized historical share price chart for Berkshire Hills Bancorp extending back to June 28, 2000. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Berkshire Hills stands at 22.34, as last reported on the 24th of April, with the highest price reaching 22.38 and the lowest price hitting 21.99 during the day.
If you're considering investing in Berkshire Stock, it is important to understand the factors that can impact its price. Berkshire Hills Bancorp secures Sharpe Ratio (or Efficiency) of -0.0578, which signifies that the company had a -0.0578% return per unit of risk over the last 3 months. Berkshire Hills Bancorp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Berkshire Hills' Risk Adjusted Performance of (0.01), mean deviation of 1.49, and Standard Deviation of 2.01 to double-check the risk estimate we provide.
At present, Berkshire Hills' Other Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 637.6 K, whereas Total Stockholder Equity is forecasted to decline to about 726.3 M. . At present, Berkshire Hills' Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 20.14, whereas Price Book Value Ratio is forecasted to decline to 0.77. Berkshire Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 28th of June 2000 | 200 Day MA 21.929 | 50 Day MA 21.8808 | Beta 0.869 |
Berkshire |
Sharpe Ratio = -0.0578
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| Negative Returns | BHLB |
Estimated Market Risk
| 1.98 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.11 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Berkshire Hills 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 Berkshire Hills by adding Berkshire Hills to a well-diversified portfolio.
Price Book 0.8979 | Price Sales 2.3927 | Shares Float 42 M | Dividend Share 0.72 | Wall Street Target Price 25.4 |
Berkshire Hills Valuation on October 29, 2021
It is possible to determine the worth of Berkshire Hills on a given historical date. On October 29, 2021 Berkshire was worth 27.21 at the beginning of the trading date compared to the closed value of 26.01. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Berkshire Hills stock. Still, in general, we apply an absolute valuation method to find Berkshire Hills' 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 Berkshire Hills where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Berkshire Hills' related companies.
| Open | High | Low | Close | Volume | |
04/11/2022 | 27.21 | 28.05 | 26.01 | 26.01 | 330,854 |
| 27.39 | 28.07 | 26.22 | 26.22 | 383,738 |
| Backtest Berkshire Hills | | | Berkshire Hills History | | | Berkshire Hills Valuation | Next |
Berkshire Hills Trading Date Momentum on October 29, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Berkshire Hills Bancorp Fundamentals Correlations and Trends
By evaluating Berkshire Hills' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Berkshire Hills' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Berkshire financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Berkshire Hills Stock history
Berkshire Hills 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 Berkshire is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Berkshire Hills Bancorp 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 Berkshire Hills stock prices may prove useful in developing a viable investing in Berkshire Hills
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 43.5 M | 25.3 M | |
| Net Income Applicable To Common Shares | 83.3 M | 87.4 M |
Berkshire Hills Stock Technical Analysis
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.
Price Boundaries
Berkshire Hills Period Price Range
Low | April 11, 2022
| High |
27.21 | 26.01 |
Berkshire Hills April 24, 2024 Market Strength
Market strength indicators help investors to evaluate how Berkshire Hills stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Berkshire Hills shares will generate the highest return on investment. By undertsting and applying Berkshire Hills stock market strength indicators, traders can identify Berkshire Hills Bancorp entry and exit signals to maximize returns
| Accumulation Distribution | 24062.11 | |||
| Daily Balance Of Power | (0.59) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 27.03 | |||
| Day Typical Price | 26.69 | |||
| Price Action Indicator | (1.62) | |||
| Period Momentum Indicator | (3.67) | |||
| Relative Strength Index | 59.41 |
Berkshire Hills Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Berkshire Hills' price direction in advance. Along with the technical and fundamental analysis of Berkshire Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Berkshire 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 | (0.01) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.04) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hills Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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When running Berkshire Hills' price analysis, check to measure Berkshire Hills' 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 Berkshire Hills is operating at the current time. Most of Berkshire Hills' value examination focuses on studying past and present price action to predict the probability of Berkshire Hills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berkshire Hills' price. Additionally, you may evaluate how the addition of Berkshire Hills to your portfolios can decrease your overall portfolio volatility.
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Is Berkshire Hills' industry 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 0.075 | Dividend Share 0.72 | Earnings Share 0.5 | Revenue Per Share 7.53 | Quarterly Revenue Growth (0.53) |
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.