Ballard Operating Margin from 2010 to 2026
| BLDP Stock | CAD 3.51 0.01 0.29% |
Check Ballard Power financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ballard Power's main balance sheet or income statement drivers, such as Depreciation And Amortization of 9.9 M, Interest Expense of 2.6 M or Selling General Administrative of 18 M, as well as many indicators such as Price To Sales Ratio of 7.78, Dividend Yield of 0.0 or PTB Ratio of 0.81. Ballard financial statements analysis is a perfect complement when working with Ballard Power Valuation or Volatility modules.
Ballard | Operating Margin |
Latest Ballard Power's Operating Margin Growth Pattern
Below is the plot of the Operating Profit Margin of Ballard Power Systems over the last few years. It is Ballard Power's Operating Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ballard Power's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (0.38) % | 10 Years Trend |
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Operating Profit Margin |
| Timeline |
Ballard Operating Margin Regression Statistics
| Arithmetic Mean | (0.90) | |
| Coefficient Of Variation | (96.83) | |
| Mean Deviation | 0.73 | |
| Median | (0.44) | |
| Standard Deviation | 0.87 | |
| Sample Variance | 0.76 | |
| Range | 2.5885 | |
| R-Value | (0.77) | |
| Mean Square Error | 0.33 | |
| R-Squared | 0.60 | |
| Significance | 0.0003 | |
| Slope | (0.13) | |
| Total Sum of Squares | 12.19 |
Ballard Operating Margin History
About Ballard Power Financial Statements
Ballard Power investors utilize fundamental indicators, such as Operating Margin, to predict how Ballard Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
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.
Pair Trading with Ballard Power
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ballard Power position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ballard Power will appreciate offsetting losses from the drop in the long position's value.Moving against Ballard Stock
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The ability to find closely correlated positions to Ballard Power could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ballard Power when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ballard Power - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ballard Power Systems to buy it.
The correlation of Ballard Power is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ballard Power moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ballard Power Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ballard Power can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Ballard Power Correlation against competitors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.