Berkeley Z Score
BLI  Stock  USD 4.76 0.38 7.39% 
Berkeley  Z Score 
Berkeley Z Score Analysis
Berkeley Lights' ZScore is a simple linear, multifactor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..2019  2020  2021  2022 (projected)  
Interest Expense  1.43 M  1.44 M  1.17 M  1.27 M 
Gross Profit  43.48 M  44.55 M  56.55 M  54.04 M 
Z Score  =  Sum Of   5 Factors 
Current Berkeley Lights Z Score  4.2 
Most of Berkeley Lights' fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Berkeley Lights is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Berkeley Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Berkeley Lights is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Berkeley Lights' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Berkeley Lights' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Berkeley Lights' interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with ZScores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
In accordance with the company's disclosures, Berkeley Lights has a Z Score of 4.2. This is 37.78% lower than that of the Healthcare sector and 25.75% higher than that of the Biotechnology industry. The z score for all United States stocks is 51.83% higher than that of the company.
Berkeley Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Berkeley Lights' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Berkeley Lights could also be used in its relative valuation, which is a method of valuing Berkeley Lights by comparing valuation metrics of similar companies.Berkeley Lights is currently under evaluation in z score category among related companies.
Berkeley Fundamentals
Return On Equity  (35.68) %  
Return On Asset  (16.90) %  
Profit Margin  (89.36) %  
Operating Margin  (88.44) %  
Current Valuation  233 M  
Shares Outstanding  67.83 M  
Shares Owned by Insiders  15.09 %  
Shares Owned by Institutions  73.04 %  
Number of Shares Shorted  3.11 M  
Price to Book  1.74 X  
Price to Sales  3.88 X  
Revenue  86.97 M  
Gross Profit  56.55 M  
EBITDA  (70.72 M)  
Net Income  (77.72 M)  
Cash and Equivalents  164.67 M  
Cash per Share  2.43 X  
Total Debt  46.33 M  
Debt to Equity  0.24 %  
Current Ratio  7.52 X  
Book Value Per Share  2.85 X  
Cash Flow from Operations  (51.84 M)  
Short Ratio  2.98 X  
Earnings Per Share  (1.15) X  
Number of Employees  293  
Beta  1.59  
Market Capitalization  337.1 M  
Z Score  4.2 
About Berkeley Lights Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Berkeley Lights's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Berkeley Lights using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Berkeley Lights based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Berkeley Lights, Inc., a digital cell biology company, focuses on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cellbased products. Berkeley Lights, Inc. was incorporated in 2011 and is headquartered in Emeryville, California. Berkeley Lights operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 293 people.
Berkeley Lights Investors Sentiment
The influence of Berkeley Lights' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Berkeley. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Berkeley Lights' public news can be used to forecast risks associated with investment in Berkeley. The trend in average sentiment can be used to explain how an investor holding Berkeley can time the market purely based on public headlines and social activities around Berkeley Lights. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Berkeley Lights' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Berkeley Lights' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Berkeley Lights' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Berkeley Lights.
Berkeley Lights Implied Volatility  220.85 
Berkeley Lights' implied volatility exposes the market's sentiment of Berkeley Lights stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Berkeley Lights' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Berkeley Lights stock will not fluctuate a lot when Berkeley Lights' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Berkeley Lights in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Berkeley Lights' short interest history, or implied volatility extrapolated from Berkeley Lights options trading.
Pair Trading with Berkeley Lights
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Berkeley Lights position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Berkeley Lights will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Berkeley Lights could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Berkeley Lights when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Berkeley Lights  that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Berkeley Lights to buy it.
The correlation of Berkeley Lights is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between 1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Berkeley Lights moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Berkeley Lights moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Berkeley Lights can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Continue to Berkeley Lights Piotroski F Score and Berkeley Lights Valuation analysis. Note that the Berkeley Lights information on this page should be used as a complementary analysis to other Berkeley Lights' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Idea Optimizer module to use advanced portfolio builder with precomputed micro ideas to build optimal portfolio .
Complementary Tools for Berkeley Stock analysis
When running Berkeley Lights price analysis, check to measure Berkeley Lights' 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 Berkeley Lights is operating at the current time. Most of Berkeley Lights' value examination focuses on studying past and present price action to predict the probability of Berkeley Lights' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Berkeley Lights' price. Additionally, you may evaluate how the addition of Berkeley Lights to your portfolios can decrease your overall portfolio volatility.
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Is Berkeley Lights' 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 Berkeley Lights. If investors know Berkeley 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 Berkeley Lights listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization 335.7 M  Quarterly Revenue Growth YOY 0.085  Return On Assets 0.17  Return On Equity 0.36 
The market value of Berkeley Lights is measured differently than its book value, which is the value of Berkeley that is recorded on the company's balance sheet. Investors also form their own opinion of Berkeley Lights' value that differs from its market value or its book value, called intrinsic value, which is Berkeley Lights' 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 Berkeley Lights' market value can be influenced by many factors that don't directly affect Berkeley Lights' 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 Berkeley Lights' value and its price as these two are different measures arrived at by different means. Investors typically determine Berkeley Lights value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berkeley Lights' 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.