Boralex Stock Price on October 3, 2024
| BLX Stock | CAD 29.84 0.51 1.68% |
Below is the normalized historical share price chart for Boralex extending back to May 17, 1990. 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 Boralex stands at 29.84, as last reported on the 23rd of November, with the highest price reaching 30.61 and the lowest price hitting 29.81 during the day.
If you're considering investing in Boralex Stock, it is important to understand the factors that can impact its price. Boralex secures Sharpe Ratio (or Efficiency) of -0.0774, which signifies that the company had a -0.0774% return per unit of risk over the last 3 months. Boralex exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Boralex's Risk Adjusted Performance of (0.05), standard deviation of 1.67, and Mean Deviation of 1.2 to double-check the risk estimate we provide.
At this time, Boralex's Total Stockholder Equity is very stable compared to the past year. As of the 23rd of November 2024, Common Stock Total Equity is likely to grow to about 1.6 B, while Common Stock Shares Outstanding is likely to drop about 54.1 M. . At this time, Boralex's Price To Sales Ratio is very stable compared to the past year. As of the 23rd of November 2024, Price Earnings Ratio is likely to grow to 46.59, while Price Book Value Ratio is likely to drop 1.38. Boralex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 32.1164 | 50 Day MA 34.3286 | Beta 0.458 |
Boralex |
Sharpe Ratio = -0.0774
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| Negative Returns | BLX |
Estimated Market Risk
| 1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 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.
Price Book 1.9233 | Enterprise Value Ebitda 10.9432 | Price Sales 3.2523 | Shares Float 86.9 M | Wall Street Target Price 42 |
Boralex Valuation on October 3, 2024
It is possible to determine the worth of Boralex on a given historical date. On October 3, 2024 Boralex was worth 35.37 at the beginning of the trading date compared to the closed value of 35.36. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Boralex stock. Still, in general, we apply an absolute valuation method to find Boralex'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 Boralex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Boralex's related companies.
| Open | High | Low | Close | Volume | |
| 35.75 | 35.75 | 35.04 | 35.34 | 167,555 | |
10/03/2024 | 35.37 | 35.40 | 34.85 | 35.36 | 202,452 |
| 35.57 | 35.57 | 35.05 | 35.25 | 154,838 |
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Boralex Trading Date Momentum on October 3, 2024
| On October 04 2024 Boralex was traded for 35.25 at the closing time. The maximum traded price for the trading interval was 35.57 and the lowest daily price was 35.05 . The daily volume was recorded at 154.8 K. The volume of trading on 4th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.31% . The overall trading delta to the closing price today is 2.29% . |
Boralex Fundamentals Correlations and Trends
By evaluating Boralex'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 Boralex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Boralex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Boralex Stock history
Boralex 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 Boralex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Boralex 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 Boralex stock prices may prove useful in developing a viable investing in Boralex
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 102.8 M | 54.1 M | |
| Net Income Applicable To Common Shares | 34.5 M | 36.2 M |
Boralex Stock Technical Analysis
Boralex 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
Boralex Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Boralex 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.
Boralex November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Boralex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Boralex shares will generate the highest return on investment. By undertsting and applying Boralex stock market strength indicators, traders can identify Boralex entry and exit signals to maximize returns
Boralex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Boralex's price direction in advance. Along with the technical and fundamental analysis of Boralex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Boralex 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 | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 0.706 |
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Other Information on Investing in Boralex Stock
Boralex financial ratios help investors to determine whether Boralex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Boralex with respect to the benefits of owning Boralex security.