Berkeley Stock Market Value

BLI -  USA Stock  

USD 5.77  0.07  1.20%

Berkeley Lights' market value is the price at which a share of Berkeley Lights stock trades on a public exchange. It measures the collective expectations of Berkeley Lights investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Berkeley Lights and determine expected loss or profit from investing in Berkeley Lights over a given investment horizon. Continue to Berkeley Lights Hype Analysis, Berkeley Lights Correlation, Berkeley Lights Valuation, Berkeley Lights Volatility, as well as analyze Berkeley Lights Alpha and Beta and Berkeley Lights Performance.
Symbol
Backtest


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
396.1 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.

Berkeley Lights '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 Berkeley Lights' 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 Berkeley Lights.
0.00
05/26/2022
No Change 0.00  0.0 
In 31 days
06/25/2022
0.00
If you would invest  0.00  in Berkeley Lights on May 26, 2022 and sell it all today you would earn a total of 0.00 from holding Berkeley Lights or generate 0.0% return on investment in Berkeley Lights over 30 days. Berkeley Lights is related to or competes with Abcellera Biologics, Arca Biopharma, Acumen Pharmaceuticals, Abvc Biopharma, Acadia Pharmaceutica, Achilles Therapeutics, and Vertex Energy. Berkeley Lights, Inc., a digital cell biology company, focuses on enabling and accelerating the rapid development and co...More

Berkeley Lights 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 Berkeley Lights' 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 Berkeley Lights upside and downside potential and time the market with a certain degree of confidence.

Berkeley Lights Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Berkeley Lights' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Berkeley Lights' standard deviation. In reality, there are many statistical measures that can use Berkeley Lights historical prices to predict the future Berkeley Lights' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Berkeley Lights' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Berkeley Lights in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.295.7913.54
Details
Intrinsic
Valuation
LowReal ValueHigh
5.1917.3025.05
Details
Naive
Forecast
LowNext ValueHigh
0.126.0813.83
Details
8 Analysts
Consensus
LowTarget PriceHigh
12.0052.00100.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Berkeley Lights. Your research has to be compared to or analyzed against Berkeley Lights' peers to derive any actionable benefits. When done correctly, Berkeley Lights' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Berkeley Lights.

Berkeley Lights Backtested Returns

We consider Berkeley Lights slightly risky. Berkeley Lights secures Sharpe Ratio (or Efficiency) of 0.005, which signifies that the company had 0.005% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Berkeley Lights, which you can use to evaluate the future volatility of the firm. Please confirm Berkeley Lights mean deviation of 5.87, and Risk Adjusted Performance of (0.009508) to double-check if the risk estimate we provide is consistent with the expected return of 0.0387%.
The firm shows a Beta (market volatility) of 2.6348, which signifies a somewhat significant risk relative to the market. Let's try to break down what Berkeley's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Berkeley Lights will likely underperform. Although it is important to respect Berkeley Lights historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Berkeley Lights technical indicators, you can presently evaluate if the expected return of 0.0387% will be sustainable into the future. Berkeley Lights right now shows a risk of 7.69%. Please confirm Berkeley Lights downside variance, and the relationship between the treynor ratio and kurtosis to decide if Berkeley Lights will be following its price patterns.

Auto-correlation

    
  0.39  

Below average predictability

Berkeley Lights has below average predictability. Overlapping area represents the amount of predictability between Berkeley Lights time series from 26th of May 2022 to 10th of June 2022 and 10th of June 2022 to 25th of June 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Berkeley Lights price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Berkeley Lights price fluctuation can be explain by its past prices.
Correlation Coefficient0.39
Spearman Rank Test0.48
Residual Average0.0
Price Variance0.37

Berkeley Lights lagged returns against current returns

Autocorrelation, which is Berkeley Lights 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 Berkeley Lights' stock expected returns. We can calculate the autocorrelation of Berkeley Lights returns to help us make a trade decision. For example, suppose you find that Berkeley Lights stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Berkeley Lights 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 Berkeley Lights stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Berkeley Lights stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Berkeley Lights stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Berkeley Lights Lagged Returns

When evaluating Berkeley Lights' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Berkeley Lights stock have on its future price. Berkeley Lights 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, Berkeley Lights autocorrelation shows the relationship between Berkeley Lights stock current value and its past values and can show if there is a momentum factor associated with investing in Berkeley Lights.
 Regressed Prices 
Share
      Timeline 

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 decision-making process regarding taking a position in Berkeley. The overall investor sentiment generally increases the direction of a stock movement in a one-year 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.

Berkeley Lights Implied Volatility

    
  255.39  
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.

Current Sentiment - BLI

Berkeley Lights Investor Sentiment

Macroaxis portfolio users are unresponsive in their opinion about investing in Berkeley Lights. What is your opinion about investing in Berkeley Lights? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish

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.

Berkeley Lights Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Berkeley Lights could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough 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 risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Berkeley Lights Hype Analysis, Berkeley Lights Correlation, Berkeley Lights Valuation, Berkeley Lights Volatility, as well as analyze Berkeley Lights Alpha and Beta and Berkeley Lights Performance. 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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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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Berkeley Lights 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.
A focus of Berkeley Lights technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Berkeley Lights trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...