Brookfield Intangible Assets from 2010 to 2026
| BEP-UN Stock | CAD 43.97 0.26 0.59% |
Intangible Assets | First Reported 2001-03-31 | Previous Quarter 15 M | Current Value 10 M | Quarterly Volatility 103.3 M |
Check Brookfield Renewable financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Brookfield Renewable's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.6 B, Interest Expense of 2.6 B or Selling General Administrative of 247.5 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.077 or PTB Ratio of 2.49. Brookfield financial statements analysis is a perfect complement when working with Brookfield Renewable Valuation or Volatility modules.
Brookfield | Intangible Assets |
Analyzing Brookfield Renewable's Intangible Assets over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Intangible Assets has evolved provides context for assessing Brookfield Renewable's current valuation and future prospects.
Latest Brookfield Renewable's Intangible Assets Growth Pattern
Below is the plot of the Intangible Assets of Brookfield Renewable Partners over the last few years. It is non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value. Brookfield Renewable's Intangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Brookfield Renewable's overall financial position and show how it may be relating to other accounts over time.
| Intangible Assets | 10 Years Trend |
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Intangible Assets |
| Timeline |
Brookfield Intangible Assets Regression Statistics
| Arithmetic Mean | 75,839,935 | |
| Geometric Mean | 34,390,589 | |
| Coefficient Of Variation | 114.62 | |
| Mean Deviation | 77,054,163 | |
| Median | 15,000,000 | |
| Standard Deviation | 86,927,324 | |
| Sample Variance | 7556.4T | |
| Range | 225.1M | |
| R-Value | (0.12) | |
| Mean Square Error | 7949.5T | |
| R-Squared | 0.01 | |
| Significance | 0.65 | |
| Slope | (2,016,988) | |
| Total Sum of Squares | 120901.8T |
Brookfield Intangible Assets History
About Brookfield Renewable Financial Statements
Brookfield Renewable stakeholders use historical fundamental indicators, such as Brookfield Renewable's Intangible Assets, to determine how well the company is positioned to perform in the future. Although Brookfield Renewable investors may analyze each financial statement separately, they are all interrelated. For example, changes in Brookfield Renewable's assets and liabilities are reflected in the revenues and expenses on Brookfield Renewable's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Brookfield Renewable Partners. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Intangible Assets | 11.5 M | 10.9 M |
Pair Trading with Brookfield Renewable
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brookfield Renewable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brookfield Renewable will appreciate offsetting losses from the drop in the long position's value.Moving against Brookfield Stock
| 0.84 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.84 | MSFT | Microsoft CDR | PairCorr |
| 0.72 | AMZN | Amazon CDR | PairCorr |
| 0.72 | AMZN | Amazon CDR | PairCorr |
| 0.43 | JPM | JPMorgan Chase | PairCorr |
The ability to find closely correlated positions to Brookfield Renewable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Renewable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brookfield Renewable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brookfield Renewable Partners to buy it.
The correlation of Brookfield Renewable is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brookfield Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Renewable moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brookfield Renewable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Brookfield Renewable Correlation against competitors. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.