Boralex will release its 2024 third quarter financial results on November 14 - GlobeNewswire
| BLX Stock | CAD 30.14 0.20 0.67% |
About 52% of Boralex's investor base is interested to short. The analysis of overall sentiment of trading Boralex stock suggests that many investors are impartial at this time. Boralex's investing sentiment overview a quick insight into current market opportunities from investing in Boralex. Many technical investors use Boralex stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Boralex |
Boralex will release its 2024 third quarter financial results on November 14 GlobeNewswire
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Boralex Fundamental Analysis
We analyze Boralex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boralex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boralex 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.
Return On Asset
Return On Asset Comparative Analysis
Boralex is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Boralex Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Boralex stock to make a market-neutral strategy. Peer analysis of Boralex could also be used in its relative valuation, which is a method of valuing Boralex by comparing valuation metrics with similar companies.
Peers
Boralex Related Equities
| CPX | Capital Power | 0.39 | ||||
| INE | Innergex Renewable | 0.23 | ||||
| NPI | Northland Power | 0.1 | ||||
| BEP-UN | Brookfield Renewable | 2.05 |
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.