Ballard Power Systems Stock Probability of Future Stock Price Finishing Over 6.08

BLDP Stock  USD 2.78  0.12  4.51%   
Ballard Power's implied volatility is one of the determining factors in the pricing options written on Ballard Power Systems. Implied volatility approximates the future value of Ballard Power based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Ballard Power Systems over a specific time period. For example, 2024-04-19 CALL at $3.0 is a CALL option contract on Ballard Power's common stock with a strick price of 3.0 expiring on 2024-04-19. The contract was last traded on 2024-03-28 at 10:32:44 for $0.08 and, as of today, has 21 days remaining before the expiration. The option is currently trading at a bid price of $0.05, and an ask price of $0.1. The implied volatility as of the 29th of March is 59.6. View All Ballard options

Closest to current price Ballard long CALL Option Payoff at Expiration

Ballard Power's future price is the expected price of Ballard Power instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Ballard Power Systems performance during a given time horizon utilizing its historical volatility. Check out Ballard Power Backtesting, Ballard Power Valuation, Ballard Power Correlation, Ballard Power Hype Analysis, Ballard Power Volatility, Ballard Power History as well as Ballard Power Performance.
  
As of 03/29/2024, Price Earnings Ratio is likely to grow to -5.8. In addition to that, Price To Sales Ratio is likely to drop to 10.07. Please specify Ballard Power's target price for which you would like Ballard Power odds to be computed.

Ballard Power Target Price Odds to finish over 6.08

The tendency of Ballard Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over $ 6.08  or more in 90 days
 2.78 90 days 6.08 
near 1
Based on a normal probability distribution, the odds of Ballard Power to move over $ 6.08  or more in 90 days from now is near 1 (This Ballard Power Systems probability density function shows the probability of Ballard Stock to fall within a particular range of prices over 90 days) . Probability of Ballard Power Systems price to stay between its current price of $ 2.78  and $ 6.08  at the end of the 90-day period is about 92.62 .
Given the investment horizon of 90 days the stock has the beta coefficient of 2.86 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ballard Power will likely underperform. Additionally Ballard Power Systems has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
   Ballard Power Price Density   
       Price  

Predictive Modules for Ballard Power

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ballard Power Systems. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ballard Power's 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.
Hype
Prediction
LowEstimatedHigh
0.142.786.17
Details
Intrinsic
Valuation
LowRealHigh
0.122.345.73
Details
Naive
Forecast
LowNextHigh
0.052.716.10
Details
21 Analysts
Consensus
LowTargetHigh
5.506.046.70
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ballard Power. Your research has to be compared to or analyzed against Ballard Power's peers to derive any actionable benefits. When done correctly, Ballard Power's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ballard Power Systems.

Ballard Power Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Ballard Power is not an exception. The market had few large corrections towards the Ballard Power's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ballard Power Systems, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ballard Power within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
-0.74
β
Beta against NYSE Composite2.86
σ
Overall volatility
0.29
Ir
Information ratio -0.15

Ballard Power Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ballard Power for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ballard Power Systems can help investors quickly react to important events or material 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 has high historical volatility and very poor performance
The company reported the previous year's revenue of 104.25 M. Net Loss for the year was (146.85 M) with loss before overhead, payroll, taxes, and interest of (13.1 M).
Ballard Power Systems currently holds about 957.43 M in cash with (106.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.21, 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
Latest headline from finance.yahoo.com: Two Decades Post-IPO, Weichai Powers Market Value Soars 30-Fold, Distributing RMB 28 Billion in Dividends

Ballard Power Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Ballard Stock often depends not only on the future outlook of the current and potential Ballard Power's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ballard Power's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding298.7 M
Cash And Short Term Investments749.4 M

Ballard Power Technical Analysis

Ballard Power's future price can be derived by breaking down and analyzing its technical indicators over time. Ballard Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ballard Power Systems. In general, you should focus on analyzing Ballard Stock price patterns and their correlations with different microeconomic environments and drivers.

Ballard Power Predictive Forecast Models

Ballard Power's time-series forecasting models is one of many Ballard Power's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Ballard Power's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Ballard Power Systems

Checking the ongoing alerts about Ballard Power for important developments is a great way to find new opportunities for your next move. Our 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 has high historical volatility and very poor performance
The company reported the previous year's revenue of 104.25 M. Net Loss for the year was (146.85 M) with loss before overhead, payroll, taxes, and interest of (13.1 M).
Ballard Power Systems currently holds about 957.43 M in cash with (106.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.21, 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
Latest headline from finance.yahoo.com: Two Decades Post-IPO, Weichai Powers Market Value Soars 30-Fold, Distributing RMB 28 Billion in Dividends
When determining whether Ballard Power Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ballard Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ballard Power Systems Stock. Highlighted below are key reports to facilitate an investment decision about Ballard Power Systems Stock:
Check out Ballard Power Backtesting, Ballard Power Valuation, Ballard Power Correlation, Ballard Power Hype Analysis, Ballard Power Volatility, Ballard Power History as well as Ballard Power Performance.
Note that the Ballard Power Systems information on this page should be used as a complementary analysis to other Ballard Power's 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 the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Ballard Power's price analysis, check to measure Ballard Power'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 Ballard Power is operating at the current time. Most of Ballard Power's value examination focuses on studying past and present price action to predict the probability of Ballard Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballard Power's price. Additionally, you may evaluate how the addition of Ballard Power to your portfolios can decrease your overall portfolio volatility.
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Is Ballard Power's 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 Ballard Power. If investors know Ballard 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 Ballard Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.48)
Revenue Per Share
0.343
Quarterly Revenue Growth
0.292
Return On Assets
(0.09)
Return On Equity
(0.13)
The market value of Ballard Power Systems is measured differently than its book value, which is the value of Ballard that is recorded on the company's balance sheet. Investors also form their own opinion of Ballard Power's value that differs from its market value or its book value, called intrinsic value, which is Ballard Power'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 Ballard Power's market value can be influenced by many factors that don't directly affect Ballard Power'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 Ballard Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ballard Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ballard Power'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.