Ballard Stock Story

BLDP

Stock

USD 8.91 0.26 3.01%

Macroaxis Story

Barnes would recover faster from the current slip as its shares price went up 1.86% to Ballard Power's 6.23%As many rational traders are trying to avoid industrials space, it makes sense to recap Ballard Power Sys a little further and understand how it stands against Barnes and other similar entities. We are going to focus on some of the competitive aspects of both Ballard and Barnes.

Published over three months ago

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Is Barnes more volatile than Ballard Power Sys (NASDAQ:BLDP)?

By analyzing existing fundamental indicators between Ballard Power and Barnes, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in Barnes with a short position in Ballard Power. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Ballard Power has an asset utilization ratio of 59.75 percent. This suggests that the company is making $0.6 for each dollar of assets. An increasing asset utilization means that Ballard Power Sys is more efficient with each dollar of assets it utilizes for everyday operations.

Is Barnes more volatile than Ballard Power Sys (NASDAQ:BLDP)?

How important is Ballard Power's Liquidity

Ballard Power financial leverage refers to using borrowed capital as a funding source to finance Ballard Power Sys ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Ballard Power financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Ballard Power's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.

It is good to see analyst projects for Ballard Power, but it might be worth checking our own buy vs. sell analysis

Is Ballard Power valued appropriately by the market?

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Let me now analyze Ballard Power revenue. Based on the latest financial disclosure, Ballard Power Sys reported 96.39 M of revenue. This is 97.24% lower than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The revenue for all United States stocks is 98.98% higher than that of Ballard Power Sys. As for Barnes we see revenue of 1.26 B, which is much higher than that of the Specialty Industrial Machinery

1.3 B

BLDP	96.39 Million	7.11
Sector	0.0	0.0
B	1.26 Billion	92.89

Chances of Ballard Power insiders to go nuts

Ballard Power recent standard deviation upswings over 5.05.

As of the 7th of May, Ballard Power shows the risk adjusted performance of (0.06), and Mean Deviation of 3.97. Ballard Power Sys technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down nineteen technical drivers for Ballard Power Sys, which can be compared to its rivals. Please confirm Ballard Power Sys information ratio, as well as the relationship between the value at risk and expected short fall to decide if Ballard Power Sys is priced correctly, providing market reflects its regular price of 7.83 per share. Given that Ballard Power has jensen alpha of (0.06), we suggest you to validate Ballard Power Sys's prevailing market performance to make sure the company can sustain itself at a future point.

Our Final Takeaway

Although some firms in the specialty industrial machinery industry are either recovering or due for a correction, Ballard Power may not be performing as strong as the other in terms of long-term growth potentials. While some insiders may not share our view we believe that the current risk-reward utility is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Ballard Power.

Editorial Staff

Raphi Shpitalnik is a Junior Member of Macroaxis Editorial Board. Raphael is a young entrepreneur who joined Macroaxis on a part-time base at the beginning of the pandemic and eventually acquired a real test for investing and fintech. He likes to analyze different equity instruments across a wide range of industries, focusing primarily on consumer products, sports, fintech, cannabis, and AI. View Profile

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Ballard Power Sys. Please refer to our Terms of Use for any information regarding our disclosure principles.

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