Correlation
The correlation between BLDP and BE is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
BLDP vs. BE
Compare and contrast key facts about Ballard Power Systems Inc. (BLDP) and Bloom Energy Corporation (BE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLDP or BE.
Performance
BLDP vs. BE - Performance Comparison
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Key characteristics
BLDP:
-0.91
BE:
0.11
BLDP:
-1.43
BE:
0.98
BLDP:
0.84
BE:
1.11
BLDP:
-0.59
BE:
0.15
BLDP:
-1.20
BE:
0.42
BLDP:
48.84%
BE:
27.87%
BLDP:
65.48%
BE:
96.62%
BLDP:
-99.55%
BE:
-92.54%
BLDP:
-99.02%
BE:
-56.69%
Fundamentals
BLDP:
$428.76M
BE:
$4.55B
BLDP:
-$1.01
BE:
$0.02
BLDP:
-3.43K
BE:
1.55
BLDP:
6.07
BE:
2.91
BLDP:
0.65
BE:
7.46
BLDP:
$70.66M
BE:
$1.56B
BLDP:
-$22.61M
BE:
$492.48M
BLDP:
-$288.32M
BE:
$100.24M
Returns By Period
In the year-to-date period, BLDP achieves a -22.29% return, which is significantly lower than BE's -16.84% return.
BLDP
-22.29%
5.74%
-13.42%
-59.05%
-43.81%
-34.61%
-4.62%
BE
-16.84%
0.82%
-32.71%
11.00%
1.78%
18.13%
N/A
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Risk-Adjusted Performance
BLDP vs. BE — Risk-Adjusted Performance Rank
BLDP
BE
BLDP vs. BE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ballard Power Systems Inc. (BLDP) and Bloom Energy Corporation (BE). 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.
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Dividends
BLDP vs. BE - Dividend Comparison
Neither BLDP nor BE has paid dividends to shareholders.
Drawdowns
BLDP vs. BE - Drawdown Comparison
The maximum BLDP drawdown since its inception was -99.55%, which is greater than BE's maximum drawdown of -92.54%. Use the drawdown chart below to compare losses from any high point for BLDP and BE.
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Volatility
BLDP vs. BE - Volatility Comparison
Ballard Power Systems Inc. (BLDP) and Bloom Energy Corporation (BE) have volatilities of 18.51% and 17.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
BLDP vs. BE - Financials Comparison
This section allows you to compare key financial metrics between Ballard Power Systems Inc. and Bloom Energy Corporation. 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