Boralex Stock Performance
| BLX Stock | CAD 30.11 0.27 0.90% |
The firm shows a Beta (market volatility) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Boralex's returns are expected to increase less than the market. However, during the bear market, the loss of holding Boralex is expected to be smaller as well. At this point, Boralex has a negative expected return of -0.0368%. Please make sure to confirm Boralex's potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if Boralex performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Very Weak
Over the last 90 days Boralex has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Boralex is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0201 | Payout Ratio 0.7659 | Last Split Factor 1:10 | Forward Dividend Rate 0.66 | Dividend Date 2024-12-16 |
1 | Boralex shareholders are still up 55 percent over 5 years despite pulling back 3.3 percent in the past week - Yahoo Finance | 09/09/2024 |
2 | Boralex will release its 2024 third quarter financial results on November 14 - GlobeNewswire | 10/21/2024 |
3 | REMINDER -- Boralex will release its 2024 third quarter financial results on November 14 - Yahoo Finance | 11/12/2024 |
| Begin Period Cash Flow | 349 M |
Boralex |
Boralex Relative Risk vs. Return Landscape
If you would invest 3,106 in Boralex on August 31, 2024 and sell it today you would lose (95.00) from holding Boralex or give up 3.06% of portfolio value over 90 days. Boralex is producing return of less than zero assuming 1.6433% volatility of returns over the 90 days investment horizon. Simply put, 14% of all stocks have less volatile historical return distribution than Boralex, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Boralex Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Boralex's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Boralex, and traders can use it to determine the average amount a Boralex's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0224
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | BLX |
Estimated Market Risk
| 1.64 actual daily | 14 86% of assets are more volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 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.
Boralex Fundamentals Growth
Boralex Stock prices reflect investors' perceptions of the future prospects and financial health of Boralex, and Boralex fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Boralex Stock performance.
| Return On Equity | 0.0669 | ||||
| Return On Asset | 0.0254 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.20 % | ||||
| Current Valuation | 6.53 B | ||||
| Shares Outstanding | 102.77 M | ||||
| Price To Book | 1.91 X | ||||
| Price To Sales | 3.23 X | ||||
| Revenue | 1.02 B | ||||
| Gross Profit | 578 M | ||||
| EBITDA | 517 M | ||||
| Net Income | 78 M | ||||
| Cash And Equivalents | 361 M | ||||
| Cash Per Share | 2.96 X | ||||
| Total Debt | 3.62 B | ||||
| Debt To Equity | 4.22 % | ||||
| Current Ratio | 1.26 X | ||||
| Book Value Per Share | 15.85 X | ||||
| Cash Flow From Operations | 496 M | ||||
| Earnings Per Share | 0.86 X | ||||
| Market Capitalization | 3.09 B | ||||
| Total Asset | 6.57 B | ||||
| Retained Earnings | 183 M | ||||
| Working Capital | 56 M | ||||
| Current Asset | 200.56 M | ||||
| Current Liabilities | 280.22 M | ||||
About Boralex Performance
By examining Boralex's fundamental ratios, stakeholders can obtain critical insights into Boralex's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Boralex is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 16.55 | 15.72 | |
| Return On Tangible Assets | 0.01 | 0.02 | |
| Return On Capital Employed | 0.04 | 0.04 | |
| Return On Assets | 0.01 | 0.02 | |
| Return On Equity | 0.05 | 0.05 |
Things to note about Boralex performance evaluation
Checking the ongoing alerts about Boralex for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Boralex help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Boralex generated a negative expected return over the last 90 days | |
| Boralex is unlikely to experience financial distress in the next 2 years | |
| About 59.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: REMINDER -- Boralex will release its 2024 third quarter financial results on November 14 - Yahoo Finance |
- Analyzing Boralex's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Boralex's stock is overvalued or undervalued compared to its peers.
- Examining Boralex's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Boralex's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Boralex's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Boralex's stock. These opinions can provide insight into Boralex's potential for growth and whether the stock is currently undervalued or overvalued.
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.