R MacEwen - Ballard Power President, Chief Executive Officer, Director
| BLDP Stock | CAD 1.83 0.04 2.23% |
CEO
R MacEwen is President, Chief Executive Officer, Director of Ballard Power Systems since 2014.
| Age | 50 |
| Tenure | 10 years |
| Address | 9000 Glenlyon Parkway, Burnaby, BC, Canada, V5J 5J8 |
| Phone | 604 454 0900 |
| Web | https://www.ballard.com |
Ballard Power Management Efficiency
The company has return on total asset (ROA) of (0.112) % which means that it has lost $0.112 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3708) %, meaning that it generated substantial loss on money invested by shareholders. Ballard Power's management efficiency ratios could be used to measure how well Ballard Power manages its routine affairs as well as how well it operates its assets and liabilities. As of the 23rd of November 2024, Return On Tangible Assets is likely to drop to -0.18. In addition to that, Return On Capital Employed is likely to drop to -0.17. At this time, Ballard Power's Total Assets are very stable compared to the past year. As of the 23rd of November 2024, Total Current Assets is likely to grow to about 908 M, while Non Current Assets Total are likely to drop about 120.3 M.Similar Executives
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Management Performance
| Return On Equity | -0.37 | ||||
| Return On Asset | -0.11 |
Ballard Power Systems Leadership Team
Elected by the shareholders, the Ballard Power's board of directors comprises two types of representatives: Ballard Power inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ballard. The board's role is to monitor Ballard Power's management team and ensure that shareholders' interests are well served. Ballard Power's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ballard Power's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Randall MacEwen, President CEO, Director | ||
| DuyLoan Le, Independent Director | ||
| Robert Campbell, Vice President and Chief Commercial Officer | ||
| Lee Sweetland, Senior Officer | ||
| Mircea Gradu, Senior Officer | ||
| Mark Biznek, Senior COO | ||
| Anthony Guglielmin, Chief Financial Officer, Vice President | ||
| James Roche, Independent Chairman of the Board | ||
| Ian Sutcliffe, Independent Director | ||
| Kevin Colbow, Chief Technology Officer, Vice President | ||
| David Mucciacciaro, Senior Officer | ||
| Kui Jiang, Director | ||
| LLB BA, President CEO | ||
| Kerry Hillier, Corporate Secretary | ||
| Marty Neese, Independent Director | ||
| Sarbjot Sidhu, Vice President - Operations | ||
| Alfred Wong, Managing Pacific | ||
| Kate Charlton, VP Relations | ||
| Shaojun Sun, Director | ||
| Janet Woodruff, Independent Director | ||
| Nicolas Pocard, Vice Partnerships | ||
| Jesper Themsen, President Europe | ||
| Kate Igbalode, Senior CFO | ||
| Douglas Hayhurst, Independent Director | ||
| R MacEwen, President, Chief Executive Officer, Director | ||
| Paul Dobson, Senior CFO |
Ballard Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ballard Power a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.37 | ||||
| Return On Asset | -0.11 | ||||
| Operating Margin | (3.18) % | ||||
| Current Valuation | (304.49 M) | ||||
| Shares Outstanding | 299.42 M | ||||
| Shares Owned By Insiders | 15.53 % | ||||
| Shares Owned By Institutions | 26.05 % | ||||
| Number Of Shares Shorted | 8.3 M | ||||
| Price To Book | 0.54 X | ||||
| Price To Sales | 5.96 X |
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 together with Ballard Stock
| 0.66 | DELX | DelphX Capital Markets Earnings Call This Week | PairCorr |
Moving against Ballard Stock
| 0.7 | TD-PFI | Toronto Dominion Bank | PairCorr |
| 0.64 | NVDA | NVIDIA CDR | PairCorr |
| 0.42 | CTF-UN | Citadel Income | PairCorr |
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 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 Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.