Boralex Stock Price on October 21, 2024

BLX Stock  CAD 29.10  0.11  0.38%   
Below is the normalized historical share price chart for Boralex extending back to May 17, 1990. 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 Boralex stands at 29.10, as last reported on the 29th of March, with the highest price reaching 29.61 and the lowest price hitting 29.09 during the day.
200 Day MA
31.3681
50 Day MA
27.4338
Beta
0.374
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Boralex Stock, it is important to understand the factors that can impact its price. As of now, Boralex Stock is very steady. Boralex secures Sharpe Ratio (or Efficiency) of 0.0277, which signifies that the company had a 0.0277 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Boralex, which you can use to evaluate the volatility of the firm. Please confirm Boralex's Downside Deviation of 1.97, risk adjusted performance of 0.0194, and Mean Deviation of 1.33 to double-check if the risk estimate we provide is consistent with the expected return of 0.0555%.
  
At this time, Boralex's Total Stockholder Equity is very stable compared to the past year. As of the 29th of March 2025, Common Stock Total Equity is likely to grow to about 1.6 B, while Common Stock Shares Outstanding is likely to drop about 56.2 M. . At this time, Boralex's Price To Sales Ratio is very stable compared to the past year. As of the 29th of March 2025, Price Earnings Ratio is likely to grow to 86.05, while Price Book Value Ratio is likely to drop 1.38. Boralex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0277

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Estimated Market Risk

 2.0
  actual daily
17
83% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.03
  actual daily
2
98% of assets perform better
Based on monthly moving average Boralex is performing at about 2% of its full potential. 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 Boralex by adding it to a well-diversified portfolio.
Price Book
1.875
Enterprise Value Ebitda
12.5673
Price Sales
3.506
Shares Float
86.9 M
Dividend Share
0.66

Boralex Valuation on October 21, 2024

It is possible to determine the worth of Boralex on a given historical date. On October 21, 2024 Boralex was worth 34.99 at the beginning of the trading date compared to the closed value of 35.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Boralex stock. Still, in general, we apply an absolute valuation method to find Boralex's 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 Boralex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Boralex's related companies.
 Open High Low Close Volume
  34.89    35.33    34.89    35.08    385,324  
10/21/2024
  34.99    35.66    34.99    35.51    173,304  
  35.36    35.52    34.71    35.04    249,423  
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Open Value
34.99
35.51
Closing Value
40.99
Upside

Boralex Trading Date Momentum on October 21, 2024

On October 22 2024 Boralex was traded for  35.04  at the closing time. The maximum traded price for the trading interval was 35.52  and the lowest daily price was  34.71 . The daily volume was recorded at 249.4 K. The volume of trading on 22nd of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 1.32% . The overall trading delta to the closing price today is 8.31% .

Boralex Fundamentals Correlations and Trends

By evaluating Boralex's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Boralex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Boralex financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Boralex Stock history

Boralex 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 Boralex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Boralex 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 Boralex stock prices may prove useful in developing a viable investing in Boralex
Last ReportedProjected for Next Year
Common Stock Shares Outstanding102.8 M56.2 M
Net Income Applicable To Common Shares34.5 M36.2 M

Boralex Stock Technical Analysis

Boralex 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 Boralex technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Boralex 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...

Price Boundaries

Boralex Period Price Range

Low
March 29, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Boralex cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Boralex March 29, 2025 Market Strength

Market strength indicators help investors to evaluate how Boralex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Boralex shares will generate the highest return on investment. By undertsting and applying Boralex stock market strength indicators, traders can identify Boralex entry and exit signals to maximize returns

Boralex Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Boralex's price direction in advance. Along with the technical and fundamental analysis of Boralex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Boralex 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.

Other Information on Investing in Boralex Stock

Boralex financial ratios help investors to determine whether Boralex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Boralex with respect to the benefits of owning Boralex security.