Ballard Power Shares Owned By Insiders vs. Price To Sales
| BLDP Stock | CAD 1.83 0.04 2.23% |
For Ballard Power profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ballard Power to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ballard Power Systems utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ballard Power's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ballard Power Systems over time as well as its relative position and ranking within its peers.
Ballard |
Ballard Power Systems Price To Sales vs. Shares Owned By Insiders Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ballard Power's current stock value. Our valuation model uses many indicators to compare Ballard Power value to that of its competitors to determine the firm's financial worth. Ballard Power Systems is number one stock in shares owned by insiders category among its peers. It also is number one stock in price to sales category among its peers fabricating about 0.38 of Price To Sales per Shares Owned By Insiders. The ratio of Shares Owned By Insiders to Price To Sales for Ballard Power Systems is roughly 2.61 . At this time, Ballard Power's Price To Sales Ratio is very stable compared to the past year. Comparative valuation analysis is a catch-all model that can be used if you cannot value Ballard Power by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Ballard Power's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Ballard Price To Sales vs. Shares Owned By Insiders
Shares Owned by Insiders show the percentage of outstanding shares owned by insiders (such as principal officers or members of the board of directors) or private individuals and entities with over 5% of the total shares outstanding. Company executives or private individuals with access to insider information share information about a firm's operations that is not available to the general public.
Ballard Power |
| = | 15.53 % |
Although the research on effects of insider trading on prices and volatility is still relatively inconclusive, and investors are advised to pay close attention to the distribution of equities among company's stakeholders to avoid many problems associated with the disclosure of price-sensitive information.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Ballard Power |
| = | 5.96 X |
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Ballard Price To Sales Comparison
Ballard Power is currently under evaluation in price to sales category among its peers.
Ballard Power Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ballard Power, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ballard Power will eventually generate negative long term returns. The profitability progress is the general direction of Ballard Power's change in net profit over the period of time. It can combine multiple indicators of Ballard Power, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -3 M | -3.1 M | |
| Operating Income | -162.9 M | -154.8 M | |
| Income Before Tax | -144.1 M | -136.8 M | |
| Total Other Income Expense Net | 16.4 M | 17.2 M | |
| Net Loss | -177.7 M | -168.8 M | |
| Income Tax Expense | 158 K | 130.7 K | |
| Net Loss | -144.2 M | -137 M | |
| Net Loss | -156.1 M | -148.3 M | |
| Interest Income | 16.9 M | 17.8 M | |
| Net Interest Income | -1.1 M | -1.2 M | |
| Change To Netincome | 44.2 M | 46.4 M | |
| Net Loss | (0.60) | (0.62) | |
| Income Quality | 0.59 | 0.70 | |
| Net Income Per E B T | 1.23 | 0.84 |
Ballard Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ballard Power. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ballard Power position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ballard Power's important profitability drivers and their relationship over time.
Use Ballard Power in pair-trading
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.Ballard Power Pair Trading
Ballard Power Systems Pair Trading Analysis
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.Use Investing Themes to Complement your Ballard Power position
In addition to having Ballard Power in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Heavy Metals Thematic Idea Now
Heavy Metals
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Heavy Metals Theme or any other thematic opportunities.
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To fully project Ballard Power's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ballard Power Systems at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ballard Power's income statement, its balance sheet, and the statement of cash flows.