Berry Petroleum Corp Stock Market Value
| BRY Stock | USD 4.08 0.15 3.82% |
| Symbol | Berry |
Berry Petroleum Corp Price To Book Ratio
Is Oil & Gas Exploration & Production 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 Berry Petroleum. If investors know Berry 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 Berry Petroleum 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 (0.11) | Dividend Share 0.58 | Earnings Share 1.08 | Revenue Per Share 10.552 | Quarterly Revenue Growth (0.17) |
The market value of Berry Petroleum Corp is measured differently than its book value, which is the value of Berry that is recorded on the company's balance sheet. Investors also form their own opinion of Berry Petroleum's value that differs from its market value or its book value, called intrinsic value, which is Berry Petroleum's 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 Berry Petroleum's market value can be influenced by many factors that don't directly affect Berry Petroleum's 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 Berry Petroleum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Berry Petroleum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berry Petroleum's 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.
Berry Petroleum '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 Berry Petroleum's 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 Berry Petroleum.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Berry Petroleum on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Berry Petroleum Corp or generate 0.0% return on investment in Berry Petroleum over 540 days. Berry Petroleum is related to or competes with California Resources, Magnolia Oil, Comstock Resources, Gulfport Energy, Cross Timbers, VOC Energy, and North European. Berry Corporation, an independent upstream energy company, engages in the development and production of conventional oil... More
Berry Petroleum 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 Berry Petroleum's 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 Berry Petroleum Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 15.26 | |||
| Value At Risk | (5.23) | |||
| Potential Upside | 3.18 |
Berry Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Berry Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Berry Petroleum's standard deviation. In reality, there are many statistical measures that can use Berry Petroleum historical prices to predict the future Berry Petroleum's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.79) | |||
| Total Risk Alpha | (1.07) | |||
| Treynor Ratio | (0.52) |
Berry Petroleum Corp Backtested Returns
Berry Petroleum Corp secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19% return per unit of risk over the last 3 months. Berry Petroleum Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Berry Petroleum's Standard Deviation of 2.78, mean deviation of 2.07, and Risk Adjusted Performance of (0.17) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.24, 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, Berry Petroleum will likely underperform. At this point, Berry Petroleum Corp has a negative expected return of -0.53%. Please make sure to confirm Berry Petroleum's jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if Berry Petroleum Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Berry Petroleum Corp has poor predictability. Overlapping area represents the amount of predictability between Berry Petroleum time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Berry Petroleum Corp price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Berry Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.93 |
Berry Petroleum Corp lagged returns against current returns
Autocorrelation, which is Berry Petroleum 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 Berry Petroleum's stock expected returns. We can calculate the autocorrelation of Berry Petroleum returns to help us make a trade decision. For example, suppose you find that Berry Petroleum 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 |
Berry Petroleum 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 Berry Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Berry Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Berry Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Berry Petroleum Lagged Returns
When evaluating Berry Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Berry Petroleum stock have on its future price. Berry Petroleum 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, Berry Petroleum autocorrelation shows the relationship between Berry Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Berry Petroleum Corp.
Regressed Prices |
| Timeline |
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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.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.