Brookfield Renewable Corp Stock Market Value
| BEPC Stock | USD 32.74 2.89 9.68% |
| Symbol | Brookfield |
Brookfield Renewable Corp Price To Book Ratio
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookfield Renewable. If investors know Brookfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookfield Renewable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.735 | Dividend Share 1.398 | Earnings Share 4.13 | Revenue Per Share 12.598 | Quarterly Revenue Growth 0.098 |
The market value of Brookfield Renewable Corp is measured differently than its book value, which is the value of Brookfield that is recorded on the company's balance sheet. Investors also form their own opinion of Brookfield Renewable's value that differs from its market value or its book value, called intrinsic value, which is Brookfield Renewable's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brookfield Renewable's market value can be influenced by many factors that don't directly affect Brookfield Renewable's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brookfield Renewable's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brookfield Renewable is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brookfield Renewable's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Brookfield Renewable 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Brookfield Renewable's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Brookfield Renewable.
| 09/16/2024 |
| 10/16/2024 |
If you would invest 0.00 in Brookfield Renewable on September 16, 2024 and sell it all today you would earn a total of 0.00 from holding Brookfield Renewable Corp or generate 0.0% return on investment in Brookfield Renewable over 30 days. Brookfield Renewable is related to or competes with Atlantica Sustainable, Verde Clean, ReNew Energy, Ellomay Capital, Eco Wave, Fluence Energy, and Advent Technologies. Brookfield Renewable Corporation owns and operates a portfolio of renewable energy power generating facilities primarily... More
Brookfield Renewable Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Brookfield Renewable's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Brookfield Renewable Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.74 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 6.43 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 3.35 |
Brookfield Renewable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookfield Renewable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookfield Renewable's standard deviation. In reality, there are many statistical measures that can use Brookfield Renewable historical prices to predict the future Brookfield Renewable's volatility.| Risk Adjusted Performance | 0.0142 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0084 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Brookfield Renewable's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Brookfield Renewable Corp Backtested Returns
Brookfield Renewable appears to be very steady, given 3 months investment horizon. Brookfield Renewable Corp secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Brookfield Renewable Corp, which you can use to evaluate the volatility of the firm. Please makes use of Brookfield Renewable's Risk Adjusted Performance of 0.0142, downside deviation of 1.74, and Mean Deviation of 1.47 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Brookfield Renewable holds a performance score of 9. The firm shows a Beta (market volatility) of 1.09, which signifies a somewhat significant risk relative to the market. Brookfield Renewable returns are very sensitive to returns on the market. As the market goes up or down, Brookfield Renewable is expected to follow. Please check Brookfield Renewable's total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to make a quick decision on whether Brookfield Renewable's price patterns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Brookfield Renewable Corp has good reverse predictability. Overlapping area represents the amount of predictability between Brookfield Renewable time series from 16th of September 2024 to 1st of October 2024 and 1st of October 2024 to 16th of October 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Brookfield Renewable Corp price movement. The serial correlation of -0.51 indicates that about 51.0% of current Brookfield Renewable price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 1.15 |
Brookfield Renewable Corp lagged returns against current returns
Autocorrelation, which is Brookfield Renewable stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Brookfield Renewable's stock expected returns. We can calculate the autocorrelation of Brookfield Renewable returns to help us make a trade decision. For example, suppose you find that Brookfield Renewable has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Brookfield Renewable regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Brookfield Renewable stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookfield Renewable stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookfield Renewable stock over time.
Current vs Lagged Prices |
| Timeline |
Brookfield Renewable Lagged Returns
When evaluating Brookfield Renewable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookfield Renewable stock have on its future price. Brookfield Renewable autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Brookfield Renewable autocorrelation shows the relationship between Brookfield Renewable stock current value and its past values and can show if there is a momentum factor associated with investing in Brookfield Renewable Corp.
Regressed Prices |
| Timeline |
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Check out Brookfield Renewable Correlation, Brookfield Renewable Volatility and Brookfield Renewable Alpha and Beta module to complement your research on Brookfield Renewable. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Brookfield Renewable technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.