Ballard Power Systems Stock Price Prediction
| BLDP Stock | USD 2.57 0.01 0.39% |
Momentum 52
Impartial
Oversold | Overbought |
EPS Estimate Next Quarter (0.1) | EPS Estimate Current Year (0.31) | EPS Estimate Next Year (0.26) | Wall Street Target Price 2.9625 | EPS Estimate Current Quarter (0.10) |
Using Ballard Power hype-based prediction, you can estimate the value of Ballard Power Systems from the perspective of Ballard Power response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Ballard Power using Ballard Power's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Ballard using crowd psychology based on the activity and movement of Ballard Power's stock price.
Ballard Power Short Interest
An investor who is long Ballard Power may also wish to track short interest. As short interest increases, investors should be becoming more worried about Ballard Power and may potentially protect profits, hedge Ballard Power with its derivative instruments, or be ready for some potential downside.
200 Day MA 2.2383 | Short Percent 0.1016 | Short Ratio 6.21 | Shares Short Prior Month 22 M | 50 Day MA 2.7612 |
Ballard Power Systems Hype to Price Pattern
Investor biases related to Ballard Power's public news can be used to forecast risks associated with an investment in Ballard. The trend in average sentiment can be used to explain how an investor holding Ballard can time the market purely based on public headlines and social activities around Ballard Power Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Ballard Power's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Ballard Power.
Ballard Power Implied Volatility | 1.3 |
Ballard Power's implied volatility exposes the market's sentiment of Ballard Power Systems stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Ballard Power's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Ballard Power stock will not fluctuate a lot when Ballard Power's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Ballard Power to buy its stock at a price that has no basis in reality. In that case, they are not buying Ballard because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Ballard Power after-hype prediction price | USD 2.55 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Ballard Power Basic Forecasting Models to cross-verify your projections. Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ballard Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ballard Power After-Hype Price Density Analysis
As far as predicting the price of Ballard Power at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Ballard Power or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Ballard Power, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Ballard Power Estimiated After-Hype Price Volatility
In the context of predicting Ballard Power's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Ballard Power's historical news coverage. Ballard Power's after-hype downside and upside margins for the prediction period are 0.13 and 5.62, respectively. We have considered Ballard Power's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Ballard Power is unstable at this time. Analysis and calculation of next after-hype price of Ballard Power Systems is based on 3 months time horizon.
Ballard Power Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Ballard Power is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ballard Power backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Ballard Power, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.48 | 3.07 | 0.01 | 0.40 | 11 Events / Month | 8 Events / Month | In about 11 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
2.57 | 2.55 | 0.39 |
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Ballard Power Hype Timeline
Ballard Power Systems is currently traded for 2.57. The entity has historical hype elasticity of -0.01, and average elasticity to hype of competition of 0.4. Ballard is forecasted to decline in value after the next headline, with the price expected to drop to 2.55. The average volatility of media hype impact on the company price is over 100%. The price decrease on the next news is expected to be -0.39%, whereas the daily expected return is currently at -0.48%. The volatility of related hype on Ballard Power is about 370.33%, with the expected price after the next announcement by competition of 2.97. About 15.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 1.31. Some equities with similar Price to Book (P/B) outperform the market in the long run. Ballard Power Systems recorded a loss per share of 0.4. The entity had not issued any dividends in recent years. The firm had 3:1 split on the 3rd of June 1998. Given the investment horizon of 90 days the next forecasted press release will be in about 11 days. Check out Ballard Power Basic Forecasting Models to cross-verify your projections.Ballard Power Related Hype Analysis
Having access to credible news sources related to Ballard Power's direct competition is more important than ever and may enhance your ability to predict Ballard Power's future price movements. Getting to know how Ballard Power's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Ballard Power may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| RDW | Redwire Corp | (0.59) | 9 per month | 6.01 | 0.09 | 13.62 | (8.57) | 27.78 | |
| THR | Thermon Group Holdings | (0.26) | 9 per month | 1.22 | 0.27 | 3.70 | (2.28) | 15.73 | |
| ALGT | Allegiant Travel | 2.05 | 11 per month | 2.40 | 0.09 | 5.92 | (4.61) | 31.33 | |
| ASTE | Astec Industries | (0.29) | 9 per month | 1.73 | (0.02) | 3.72 | (2.82) | 7.79 | |
| GRC | Gorman Rupp | 2.11 | 7 per month | 1.53 | 0.03 | 3.41 | (2.44) | 7.79 | |
| GIC | Global Industrial Co | 0.26 | 10 per month | 0.00 | (0.10) | 2.63 | (1.85) | 18.84 | |
| NVRI | Enviri | 0.26 | 11 per month | 0.64 | 0.14 | 3.94 | (2.10) | 30.32 | |
| UP | Wheels Up Experience | 0.04 | 10 per month | 0.00 | (0.08) | 11.94 | (13.58) | 61.04 | |
| GSL | Global Ship Lease | (0.18) | 10 per month | 0.99 | 0.18 | 2.89 | (2.24) | 12.98 | |
| LMB | Limbach Holdings | 4.89 | 11 per month | 0.00 | (0.08) | 5.02 | (5.25) | 14.83 |
Ballard Power Additional Predictive Modules
Most predictive techniques to examine Ballard price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Ballard using various technical indicators. When you analyze Ballard charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Ballard Power Predictive Indicators
The successful prediction of Ballard Power stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Ballard Power Systems, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Ballard Power based on analysis of Ballard Power hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Ballard Power's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Ballard Power's related companies. | 2023 | 2024 | 2025 | 2026 (projected) | Days Sales Outstanding | 208.82 | 167.41 | 192.52 | 149.75 | PTB Ratio | 1.11 | 0.74 | 0.85 | 0.81 |
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
Moving against Ballard Stock
| 0.82 | 300548 | Broadex Technologies | PairCorr |
| 0.7 | ROK | Rockwell Automation | PairCorr |
| 0.62 | ESP | Espey Mfg Electronics | PairCorr |
| 0.57 | AME | Ametek Inc Earnings Call This Week | PairCorr |
| 0.36 | 002339 | Integrated Electronic | PairCorr |
| 0.31 | EMR | Emerson Electric Earnings Call This Week | 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.Additional Tools for Ballard Stock Analysis
When running Ballard Power's price analysis, check to measure Ballard Power'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 Ballard Power is operating at the current time. Most of Ballard Power's value examination focuses on studying past and present price action to predict the probability of Ballard Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballard Power's price. Additionally, you may evaluate how the addition of Ballard Power to your portfolios can decrease your overall portfolio volatility.