BLDP.TO vs. FSLR
Compare and contrast key facts about Ballard Power Systems Inc. (BLDP.TO) and First Solar, Inc. (FSLR).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLDP.TO or FSLR.
Correlation
The correlation between BLDP.TO and FSLR is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BLDP.TO vs. FSLR - Performance Comparison
Key characteristics
BLDP.TO:
-0.88
FSLR:
-0.47
BLDP.TO:
-1.24
FSLR:
-0.40
BLDP.TO:
0.87
FSLR:
0.96
BLDP.TO:
-0.53
FSLR:
-0.45
BLDP.TO:
-1.13
FSLR:
-0.74
BLDP.TO:
46.71%
FSLR:
37.29%
BLDP.TO:
63.32%
FSLR:
58.50%
BLDP.TO:
-99.69%
FSLR:
-96.22%
BLDP.TO:
-99.03%
FSLR:
-54.79%
Fundamentals
BLDP.TO:
CA$521.71M
FSLR:
$14.00B
BLDP.TO:
-CA$1.49
FSLR:
$11.77
BLDP.TO:
0.00
FSLR:
0.29
BLDP.TO:
7.48
FSLR:
3.20
BLDP.TO:
0.56
FSLR:
1.71
BLDP.TO:
CA$70.67M
FSLR:
$4.26B
BLDP.TO:
-CA$20.18M
FSLR:
$1.85B
BLDP.TO:
-CA$227.36M
FSLR:
$1.73B
Returns By Period
In the year-to-date period, BLDP.TO achieves a -21.76% return, which is significantly lower than FSLR's -20.18% return. Over the past 10 years, BLDP.TO has underperformed FSLR with an annualized return of -3.18%, while FSLR has yielded a comparatively higher 9.66% annualized return.
BLDP.TO
-21.76%
14.02%
-1.06%
-55.58%
-33.07%
-3.18%
FSLR
-20.18%
8.52%
-27.46%
-27.34%
26.15%
9.66%
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Risk-Adjusted Performance
BLDP.TO vs. FSLR — Risk-Adjusted Performance Rank
BLDP.TO
FSLR
BLDP.TO vs. FSLR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ballard Power Systems Inc. (BLDP.TO) and First Solar, Inc. (FSLR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BLDP.TO vs. FSLR - Dividend Comparison
Neither BLDP.TO nor FSLR has paid dividends to shareholders.
Drawdowns
BLDP.TO vs. FSLR - Drawdown Comparison
The maximum BLDP.TO drawdown since its inception was -99.69%, roughly equal to the maximum FSLR drawdown of -96.22%. Use the drawdown chart below to compare losses from any high point for BLDP.TO and FSLR. For additional features, visit the drawdowns tool.
Volatility
BLDP.TO vs. FSLR - Volatility Comparison
The current volatility for Ballard Power Systems Inc. (BLDP.TO) is 13.02%, while First Solar, Inc. (FSLR) has a volatility of 20.04%. This indicates that BLDP.TO experiences smaller price fluctuations and is considered to be less risky than FSLR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BLDP.TO vs. FSLR - Financials Comparison
This section allows you to compare key financial metrics between Ballard Power Systems Inc. and First Solar, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities