Ballard Power Systems Stock Price on August 31, 2023
| BLDP Stock | CAD 2.29 0.07 2.97% |
Below is the normalized historical share price chart for Ballard Power Systems extending back to August 12, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Ballard Power stands at 2.29, as last reported on the 14th of December 2024, with the highest price reaching 2.32 and the lowest price hitting 2.19 during the day.
If you're considering investing in Ballard Stock, it is important to understand the factors that can impact its price. As of now, Ballard Stock is dangerous. Ballard Power Systems secures Sharpe Ratio (or Efficiency) of 0.0268, which signifies that the company had a 0.0268% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ballard Power Systems, which you can use to evaluate the volatility of the firm. Please confirm Ballard Power's Mean Deviation of 3.24, downside deviation of 4.47, and Risk Adjusted Performance of 0.0182 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%.
At this time, Ballard Power's Total Stockholder Equity is very stable compared to the past year. As of the 14th of December 2024, Common Stock Shares Outstanding is likely to grow to about 313.6 M, while Common Stock Total Equity is likely to drop about 1.1 B. . As of the 14th of December 2024, Price To Sales Ratio is likely to drop to 10.26. In addition to that, Price Earnings Ratio is likely to grow to -5.91. Ballard Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 3.088 | 50 Day MA 2.1318 | Beta 1.746 |
Ballard |
Sharpe Ratio = 0.0268
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Estimated Market Risk
| 4.42 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Ballard Power is performing at about 2% of its full potential. 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 it to a well-diversified portfolio.
Price Book 0.6735 | Enterprise Value Ebitda (6.21) | Price Sales 7.684 | Shares Float 252.7 M | Wall Street Target Price 2.1393 |
Ballard Power Valuation on August 31, 2023
It is possible to determine the worth of Ballard Power on a given historical date. On August 31, 2023 Ballard was worth 5.77 at the beginning of the trading date compared to the closed value of 5.69. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ballard Power stock. Still, in general, we apply an absolute valuation method to find Ballard Power's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Ballard Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ballard Power's related companies.
| Open | High | Low | Close | Volume | |
| 5.79 | 5.84 | 5.70 | 5.76 | 287,400 | |
08/31/2023 | 5.77 | 5.84 | 5.63 | 5.69 | 627,300 |
| 5.74 | 5.86 | 5.71 | 5.75 | 467,000 |
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Ballard Power Trading Date Momentum on August 31, 2023
| On September 01 2023 Ballard Power Systems was traded for 5.75 at the closing time. The highest price during the trading period was 5.86 and the lowest recorded bid was listed for 5.71 . The volume for the day was 467 K. This history from September 1, 2023 contributed to the next trading day price boost. The overall trading delta to the next closing price was 1.05% . The overall trading delta to the current price is 3.51% . |
Ballard Power Systems Fundamentals Correlations and Trends
By evaluating Ballard Power's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ballard Power's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ballard financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ballard Power Stock history
Ballard Power investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Ballard is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ballard Power Systems will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Ballard Power stock prices may prove useful in developing a viable investing in Ballard Power
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 298.7 M | 313.6 M | |
| Net Loss | -156.1 M | -148.3 M |
Ballard Power Quarterly Net Working Capital |
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Ballard Power Stock Technical Analysis
Ballard Power technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Ballard Power Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Ballard Power Systems cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Ballard Power December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Ballard Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ballard Power shares will generate the highest return on investment. By undertsting and applying Ballard Power stock market strength indicators, traders can identify Ballard Power Systems entry and exit signals to maximize returns
Ballard Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ballard Power's price direction in advance. Along with the technical and fundamental analysis of Ballard Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ballard to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0182 | |||
| Jensen Alpha | 0.08 | |||
| Total Risk Alpha | (0.50) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.15) |
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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 closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.