Boralex Stock Performance
BLX Stock | CAD 27.08 0.56 2.11% |
The firm shows a Beta (market volatility) of 0.92, which signifies possible diversification benefits within a given portfolio. Boralex returns are very sensitive to returns on the market. As the market goes up or down, Boralex is expected to follow. Boralex has an expected return of -0.27%. Please make sure to confirm Boralex potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Boralex 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 Boralex 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 May 2024. The recent disarray may also be a sign of long period up-swing for the firm investors. ...more
Forward Dividend Yield 0.0249 | Payout Ratio 0.7097 | Last Split Factor 1:10 | Forward Dividend Rate 0.66 | Dividend Date 2024-03-15 |
1 | Boralex Inc. Announces Two Wind Power Projects Selects in Hydro-Quebecs Call for Tenders - Marketscreener.com | 01/26/2024 |
2 | With 53 percent ownership, Boralex Inc. boasts of strong institutional backing - Yahoo Finance UK | 02/16/2024 |
3 | Boralex Shares Down 5.3 percent - Defense World | 03/25/2024 |
4 | Boralex Inc.s Popularity With Investors Is Clear - Simply Wall St | 04/09/2024 |
5 | Closing Bell Boralex Inc up on Wednesday - The Globe and Mail | 04/17/2024 |
Begin Period Cash Flow | 349 M |
Boralex |
Boralex Relative Risk vs. Return Landscape
If you would invest 3,247 in Boralex on January 20, 2024 and sell it today you would lose (539.00) from holding Boralex or give up 16.6% of portfolio value over 90 days. Boralex is producing return of less than zero assuming 1.6568% volatility of returns over the 90 days investment horizon. Simply put, 14% of all stocks have less volatile historical return distribution than Boralex, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
Risk |
Boralex Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boralex's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Boralex, and traders can use it to determine the average amount a Boralex'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 = -0.1655
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Estimated Market Risk
1.66 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.27 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Boralex 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 Boralex by adding Boralex to a well-diversified portfolio.
Boralex Fundamentals Growth
Boralex Stock prices reflect investors' perceptions of the future prospects and financial health of Boralex, and Boralex 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 Boralex Stock performance.
Return On Equity | 0.0568 | ||||
Return On Asset | 0.0235 | ||||
Profit Margin | 0.08 % | ||||
Operating Margin | 0.36 % | ||||
Current Valuation | 6.33 B | ||||
Shares Outstanding | 102.77 M | ||||
Price To Book | 1.71 X | ||||
Price To Sales | 2.72 X | ||||
Revenue | 1.02 B | ||||
Gross Profit | 578 M | ||||
EBITDA | 516 M | ||||
Net Income | 78 M | ||||
Cash And Equivalents | 361 M | ||||
Cash Per Share | 2.96 X | ||||
Total Debt | 277 M | ||||
Debt To Equity | 4.22 % | ||||
Current Ratio | 1.26 X | ||||
Book Value Per Share | 15.85 X | ||||
Cash Flow From Operations | 496 M | ||||
Earnings Per Share | 0.76 X | ||||
Market Capitalization | 2.78 B | ||||
Total Asset | 6.57 B | ||||
Retained Earnings | 183 M | ||||
Working Capital | 56 M | ||||
Current Asset | 200.56 M | ||||
Current Liabilities | 280.22 M | ||||
About Boralex Performance
To evaluate Boralex 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 Boralex 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 Boralex 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 Boralex market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Boralex'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 | 11.84 | 11.25 | |
Return On Tangible Assets | 0.01 | 0.02 | |
Return On Capital Employed | 0.04 | 0.04 | |
Return On Assets | 0.01 | 0.02 | |
Return On Equity | 0.05 | 0.05 |
Things to note about Boralex performance evaluation
Checking the ongoing alerts about Boralex for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Boralex help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Boralex generated a negative expected return over the last 90 days | |
Boralex is unlikely to experience financial distress in the next 2 years | |
About 60.0% of the company shares are held by institutions such as insurance companies | |
Latest headline from news.google.com: Closing Bell Boralex Inc up on Wednesday - The Globe and Mail |
- Analyzing Boralex'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 Boralex's stock is overvalued or undervalued compared to its peers.
- Examining Boralex'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 Boralex's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Boralex's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Boralex's stock. These opinions can provide insight into Boralex'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 Boralex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary Tools for Boralex Stock analysis
When running Boralex's price analysis, check to measure Boralex'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 Boralex is operating at the current time. Most of Boralex's value examination focuses on studying past and present price action to predict the probability of Boralex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Boralex's price. Additionally, you may evaluate how the addition of Boralex to your portfolios can decrease your overall portfolio volatility.
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