Ballard Power Systems Stock Performance
| BLDP Stock | CAD 1.87 0.02 1.08% |
The firm shows a Beta (market volatility) of -0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ballard Power are expected to decrease at a much lower rate. During the bear market, Ballard Power is likely to outperform the market. At this point, Ballard Power Systems has a negative expected return of -0.35%. Please make sure to confirm Ballard Power's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Ballard Power Systems performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Ballard Power Systems has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain very healthy which may send shares a bit higher in April 2025. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
| Begin Period Cash Flow | 751.1 M | |
| Free Cash Flow | -135.7 M |
Ballard |
Ballard Power Relative Risk vs. Return Landscape
If you would invest 243.00 in Ballard Power Systems on December 25, 2024 and sell it today you would lose (56.00) from holding Ballard Power Systems or give up 23.05% of portfolio value over 90 days. Ballard Power Systems is generating negative expected returns and assumes 4.2815% volatility on return distribution over the 90 days horizon. Simply put, 38% of stocks are less volatile than Ballard, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Ballard Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ballard Power's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ballard Power Systems, and traders can use it to determine the average amount a Ballard Power's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0809
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Estimated Market Risk
| 4.28 actual daily | 38 62% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ballard Power is not performing at its full potential. However, 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 Ballard Power by adding Ballard Power to a well-diversified portfolio.
Ballard Power Fundamentals Growth
Ballard Stock prices reflect investors' perceptions of the future prospects and financial health of Ballard Power, and Ballard Power fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ballard Stock performance.
| Return On Equity | -0.39 | ||||
| Return On Asset | -0.11 | ||||
| Operating Margin | (2.38) % | ||||
| Current Valuation | (279.56 M) | ||||
| Shares Outstanding | 299.66 M | ||||
| Price To Book | 0.58 X | ||||
| Price To Sales | 7.95 X | ||||
| Revenue | 69.73 M | ||||
| EBITDA | (158.93 M) | ||||
| Cash And Equivalents | 913.73 M | ||||
| Cash Per Share | 3.37 X | ||||
| Total Debt | 104.32 M | ||||
| Debt To Equity | 0.01 % | ||||
| Book Value Per Share | 2.25 X | ||||
| Cash Flow From Operations | (108.1 M) | ||||
| Earnings Per Share | (1.55) X | ||||
| Total Asset | 777.31 M | ||||
| Retained Earnings | (2.06 B) | ||||
| Current Asset | 254.02 M | ||||
| Current Liabilities | 37.96 M | ||||
About Ballard Power Performance
By examining Ballard Power's fundamental ratios, stakeholders can obtain critical insights into Ballard Power's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Ballard Power is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane fuel cell products. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada. BALLARD POWER is traded on Toronto Stock Exchange in Canada.Things to note about Ballard Power Systems performance evaluation
Checking the ongoing alerts about Ballard Power for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ballard Power Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ballard Power generated a negative expected return over the last 90 days | |
| Ballard Power may become a speculative penny stock | |
| Ballard Power has high historical volatility and very poor performance | |
| Ballard Power has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 69.73 M. Net Loss for the year was (324.25 M) with loss before overhead, payroll, taxes, and interest of (21.98 M). | |
| Ballard Power Systems has accumulated about 913.73 M in cash with (108.1 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.37, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 16.0% of the company shares are held by company insiders |
- Analyzing Ballard Power's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ballard Power's stock is overvalued or undervalued compared to its peers.
- Examining Ballard Power's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ballard Power's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ballard Power's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ballard Power's stock. These opinions can provide insight into Ballard Power's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballard Power Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..