Ballard Power Systems Stock Performance
| BLDP Stock | USD 2.61 0.03 1.16% |
The firm shows a Beta (market volatility) of 2.18, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ballard Power will likely underperform. Ballard Power Systems has an expected return of -0.35%. Please make sure to confirm Ballard Power Systems treynor ratio, as well as the relationship between the kurtosis and day median price , to decide if Ballard Power Systems performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Ballard Power Systems has generated negative risk-adjusted returns adding no value to investors with long positions. Even with abnormal performance in the last few months, the Stock's fundamental indicators remain relatively invariable which may send shares a bit higher in May 2024. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more
Actual Historical Performance (%)
One Day Return 1.94 | Five Day Return (4.01) | Year To Date Return (27.95) | Ten Year Return (33.42) | All Time Return (29.87) |
Last Split Factor 3:1 | Last Split Date 1998-06-03 |
1 | Ballard Power Systems Price Target Lowered to 3.50 at Citigroup | 02/27/2024 |
2 | Why Ballard Power Systems Shares Are Falling Today | 03/11/2024 |
3 | Ballard Power shares target cut to 2.30 by Piper Sandler | 03/13/2024 |
4 | First Hydrogen Achieves Record Distances During FCEV Trials with Wales West Utilities | 03/18/2024 |
5 | Two Decades Post-IPO, Weichai Powers Market Value Soars 30-Fold, Distributing RMB 28 Billion in Dividends | 03/26/2024 |
6 | Why Ballard Power Systems Shares Are Surging Today | 04/01/2024 |
7 | Closing Bell Ballard Power Systems Inc up on Monday - The Globe and Mail | 04/08/2024 |
8 | Closing Bell Ballard Power Systems Inc down on Friday - The Globe and Mail | 04/12/2024 |
9 | Ballard Power wins orders for 70 hydrogen fuel cell engines from U.K. bus maker | 04/16/2024 |
| Begin Period Cash Flow | 913.3 M | |
| Free Cash Flow | -148.6 M |
Ballard |
Ballard Power Relative Risk vs. Return Landscape
If you would invest 342.00 in Ballard Power Systems on January 24, 2024 and sell it today you would lose (81.00) from holding Ballard Power Systems or give up 23.68% of portfolio value over 90 days. Ballard Power Systems is currently does not generate positive expected returns and assumes 3.9752% risk (volatility on return distribution) over the 90 days horizon. In different words, 35% of stocks are less volatile than Ballard, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. 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 = -0.0886
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| Negative Returns | BLDP |
Estimated Market Risk
| 3.98 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.35 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 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 | -0.13 | ||||
| Return On Asset | -0.0864 | ||||
| Profit Margin | (1.74) % | ||||
| Operating Margin | (1.57) % | ||||
| Current Valuation | 51.12 M | ||||
| Shares Outstanding | 299.04 M | ||||
| Price To Earning | (86.55) X | ||||
| Price To Book | 0.89 X | ||||
| Price To Sales | 8.69 X | ||||
| Revenue | 104.25 M | ||||
| Gross Profit | (13.1 M) | ||||
| EBITDA | (151.9 M) | ||||
| Net Income | (146.85 M) | ||||
| Cash And Equivalents | 957.43 M | ||||
| Cash Per Share | 3.21 X | ||||
| Total Debt | 17.81 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 14.44 X | ||||
| Book Value Per Share | 3.32 X | ||||
| Cash Flow From Operations | (106.49 M) | ||||
| Earnings Per Share | (0.48) X | ||||
| Market Capitalization | 774.63 M | ||||
| Total Asset | 1.07 B | ||||
| Retained Earnings | (1.73 B) | ||||
| Working Capital | 794.15 M | ||||
| Current Asset | 87.57 M | ||||
| Current Liabilities | 30.19 M | ||||
About Ballard Power Performance
To evaluate Ballard Power Systems Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Ballard Power generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Ballard Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Ballard Power Systems market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ballard's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 123.23 | 100.42 | |
| Return On Tangible Assets | (0.18) | (0.18) | |
| Return On Capital Employed | (0.16) | (0.17) | |
| Return On Assets | (0.17) | (0.18) | |
| Return On Equity | (0.18) | (0.19) |
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 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. | |
| Ballard Power has a frail financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company shares are held by company insiders | |
| Latest headline from seekingalpha.com: Ballard Power wins orders for 70 hydrogen fuel cell engines from U.K. bus maker |
- 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 tightly coupled with the direction of predictive economic indicators such as signals in unemployment. 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
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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.