BLDP vs. TT
Compare and contrast key facts about Ballard Power Systems Inc. (BLDP) and Trane Technologies plc (TT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BLDP or TT.
Correlation
The correlation between BLDP and TT is 0.26, 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 vs. TT - Performance Comparison
Key characteristics
BLDP:
-0.92
TT:
2.54
BLDP:
-1.49
TT:
3.30
BLDP:
0.84
TT:
1.42
BLDP:
-0.58
TT:
6.22
BLDP:
-1.42
TT:
21.27
BLDP:
40.40%
TT:
2.78%
BLDP:
62.31%
TT:
23.34%
BLDP:
-99.55%
TT:
-77.92%
BLDP:
-98.85%
TT:
-9.52%
Fundamentals
BLDP:
$479.83M
TT:
$88.16B
BLDP:
-$1.09
TT:
$10.92
BLDP:
-3.43K
TT:
2.81
BLDP:
$92.56M
TT:
$19.39B
BLDP:
-$36.06M
TT:
$6.84B
BLDP:
-$301.74M
TT:
$3.73B
Returns By Period
In the year-to-date period, BLDP achieves a -58.92% return, which is significantly lower than TT's 56.74% return. Over the past 10 years, BLDP has underperformed TT with an annualized return of -2.05%, while TT has yielded a comparatively higher 24.72% annualized return.
BLDP
-58.92%
12.59%
-44.53%
-58.81%
-25.94%
-2.05%
TT
56.74%
-7.34%
10.07%
58.11%
31.36%
24.72%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
BLDP vs. TT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ballard Power Systems Inc. (BLDP) and Trane Technologies plc (TT). 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 vs. TT - Dividend Comparison
BLDP has not paid dividends to shareholders, while TT's dividend yield for the trailing twelve months is around 0.89%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Ballard Power Systems Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Trane Technologies plc | 0.89% | 1.23% | 1.59% | 1.17% | 1.46% | 1.59% | 2.15% | 1.91% | 1.81% | 2.10% | 1.58% | 1.09% |
Drawdowns
BLDP vs. TT - Drawdown Comparison
The maximum BLDP drawdown since its inception was -99.55%, which is greater than TT's maximum drawdown of -77.92%. Use the drawdown chart below to compare losses from any high point for BLDP and TT. For additional features, visit the drawdowns tool.
Volatility
BLDP vs. TT - Volatility Comparison
Ballard Power Systems Inc. (BLDP) has a higher volatility of 20.44% compared to Trane Technologies plc (TT) at 5.48%. This indicates that BLDP's price experiences larger fluctuations and is considered to be riskier than TT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
BLDP vs. TT - Financials Comparison
This section allows you to compare key financial metrics between Ballard Power Systems Inc. and Trane Technologies plc. 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