Brookfield Competitors
| BEPC Stock | USD 41.67 0.34 0.81% |
Brookfield Renewable vs New Fortress Correlation
Good diversification
The correlation between Brookfield Renewable Corp and NFE is -0.02 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Brookfield Renewable Corp and NFE in the same portfolio, assuming nothing else is changed.
Moving together with Brookfield Stock
Moving against Brookfield Stock
| 0.43 | ESALF | Eisai Co Earnings Call This Week | PairCorr |
| 0.42 | CNL | Collective Mining | PairCorr |
| 0.36 | 751 | Algonquin Power Utilities | PairCorr |
Brookfield Renewable Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Brookfield Renewable and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Brookfield and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Brookfield Renewable Corp does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Brookfield Stock performing well and Brookfield Renewable Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Brookfield Renewable's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NXXT | 6.73 | (0.77) | 0.00 | (0.16) | 0.00 | 14.94 | 50.65 | |||
| PCYO | 1.23 | (0.01) | (0.01) | 0.05 | 1.36 | 3.36 | 7.99 | |||
| MNTK | 3.72 | (0.23) | 0.00 | (0.02) | 0.00 | 8.54 | 23.04 | |||
| GWRS | 1.25 | (0.23) | 0.00 | (0.12) | 0.00 | 2.21 | 9.15 | |||
| VGAS | 3.45 | (0.82) | 0.00 | 5.99 | 0.00 | 6.11 | 22.32 | |||
| CDZI | 3.24 | (0.07) | 0.00 | (0.52) | 0.00 | 8.11 | 20.69 | |||
| GPJA | 0.36 | (0.01) | (0.09) | 0.02 | 0.43 | 0.85 | 1.82 | |||
| RGCO | 1.37 | 0.11 | 0.06 | 0.29 | 1.21 | 3.49 | 9.60 | |||
| ARTNA | 0.86 | 0.03 | 0.00 | 0.16 | 1.22 | 1.82 | 7.00 | |||
| NFE | 5.61 | 0.37 | 0.05 | 1.87 | 5.95 | 14.41 | 45.05 |
Cross Equities Net Income Analysis
Compare Brookfield Renewable Corp and related stocks such as NextNRG, Pure Cycle, and Montauk Renewables Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NXXT | (936 K) | (936 K) | (936 K) | (936 K) | (936 K) | (936 K) | (936 K) | (936 K) | (936 K) | (936 K) | (7.3 M) | (9.4 M) | (17.5 M) | (10.5 M) | (16.2 M) | (14.6 M) | (15.3 M) |
| PCYO | (515.4 K) | (17.4 M) | (4.2 M) | (311.4 K) | (22.8 M) | (1.3 M) | (1.7 M) | 414.7 K | 4.8 M | 6.8 M | 20.1 M | 9.6 M | 4.7 M | 11.6 M | 13.1 M | 15.1 M | 15.8 M |
| MNTK | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 28.8 M | 5.8 M | 4.6 M | (4.5 M) | 35.2 M | 14.9 M | 9.7 M | 8.8 M | 10.8 M |
| GWRS | 0.0 | 0.0 | (38.5 M) | (6 M) | 64.9 M | 21.4 M | (2.9 M) | 4.6 M | 3.1 M | 2.2 M | 1.1 M | 3.6 M | 5.5 M | 8 M | 5.8 M | 6.7 M | 4.7 M |
| VGAS | (3.5 M) | (3.5 M) | (3.5 M) | (3.5 M) | (3.5 M) | (3.5 M) | (3.5 M) | (3.5 M) | (3.5 M) | (3.5 M) | (3.5 M) | (12.9 M) | 2.7 M | (2.7 M) | (3.3 M) | (3.8 M) | (4 M) |
| CDZI | 300 K | (16.8 M) | (19.6 M) | (22.7 M) | (18.9 M) | (24 M) | (26.3 M) | (33.9 M) | (26.3 M) | (29.5 M) | (37.8 M) | (31.2 M) | (24.8 M) | (31.4 M) | (31.1 M) | (28 M) | (29.4 M) |
| GPJA | 1.2 B | 1.2 B | 1.2 B | 1.2 B | 1.2 B | 1.3 B | 1.3 B | 1.4 B | 793 M | 1.7 B | 1.6 B | 584 M | 1.8 B | 2.1 B | 4.4 B | 5.1 B | 5.3 B |
| RGCO | 1.7 M | 4.3 M | 4.3 M | 4.7 M | 5.1 M | 5.8 M | 6.2 M | 7.3 M | 8.7 M | 10.4 M | 10.1 M | (31.7 M) | 11.3 M | 11.8 M | 13.3 M | 15.3 M | 16 M |
| ARTNA | 1.2 M | 6.7 M | 9.8 M | 8.3 M | 9.5 M | 11.3 M | 13 M | 14 M | 14.3 M | 14.9 M | 16.8 M | 16.8 M | 18 M | 16.7 M | 20.4 M | 23.5 M | 24.6 M |
| NFE | (32.9 M) | (32.9 M) | (32.9 M) | (32.9 M) | (32.9 M) | (32.9 M) | (32.9 M) | (31.7 M) | (78.1 M) | (33.8 M) | (182.1 M) | 97.1 M | 194.5 M | 547.9 M | (249 M) | (286.4 M) | (272.1 M) |
Brookfield Renewable Corp and related stocks such as NextNRG, Pure Cycle, and Montauk Renewables Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Brookfield Renewable Corp financial statement analysis. It represents the amount of money remaining after all of Brookfield Renewable Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Brookfield Renewable Competitive Analysis
The better you understand Brookfield Renewable competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Brookfield Renewable's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Brookfield Renewable's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Brookfield Renewable Competition Performance Charts
Five steps to successful analysis of Brookfield Renewable Competition
Brookfield Renewable's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Brookfield Renewable Corp in relation to its competition. Brookfield Renewable's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Brookfield Renewable in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Brookfield Renewable's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Brookfield Renewable Corp, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Brookfield Renewable Correlation with its peers. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Will Independent Power and Renewable Electricity Producers sector continue expanding? Could Brookfield diversify its offerings? Factors like these will boost the valuation of Brookfield Renewable. Projected growth potential of Brookfield fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Brookfield Renewable data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.99) | Dividend Share 1.511 | Earnings Share (13.05) | Revenue Per Share | Quarterly Revenue Growth 0.053 |
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. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. 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.
It's important to distinguish between Brookfield Renewable's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Brookfield Renewable should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Brookfield Renewable's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.