Brookfield Book Value Per Share from 2010 to 2024

BEPC Stock  CAD 45.89  0.07  0.15%   
Brookfield Renewable Book Value Per Share yearly trend continues to be very stable with very little volatility. Book Value Per Share is likely to drop to 53.15. Book Value Per Share is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of Brookfield Renewable Corp according to its financial statements. View All Fundamentals
 
Book Value Per Share  
First Reported
2010-12-31
Previous Quarter
95.3456972
Current Value
53.15
Quarterly Volatility
31.59319912
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 1 B, Interest Expense of 799.6 M or Selling General Administrative of 115.9 M, as well as many indicators such as Price To Sales Ratio of 1.24, Dividend Yield of 0.0234 or PTB Ratio of 0.85. Brookfield financial statements analysis is a perfect complement when working with Brookfield Renewable Valuation or Volatility modules.
  
This module can also supplement various Brookfield Renewable Technical models . Check out the analysis of Brookfield Renewable Correlation against competitors.

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.
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 Corp 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 Corp 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.
Pair CorrelationCorrelation Matching
When determining whether Brookfield Renewable Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brookfield Renewable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brookfield Renewable Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brookfield Renewable Corp Stock:
Check out the analysis of Brookfield Renewable Correlation against competitors.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.