Brookfield Operating Income from 2010 to 2026
| BEPC Stock | CAD 53.76 0.86 1.63% |
Operating Income | First Reported 2018-03-31 | Previous Quarter 254 M | Current Value 222 M | Quarterly Volatility 177.7 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 1.1 B, Interest Expense of 2 B or Selling General Administrative of 116 M, as well as many indicators such as Price To Sales Ratio of 1.06, Dividend Yield of 0.0504 or PTB Ratio of 2.87. Brookfield financial statements analysis is a perfect complement when working with Brookfield Renewable Valuation or Volatility modules.
Brookfield | Operating Income |
Latest Brookfield Renewable's Operating Income Growth Pattern
Below is the plot of the Operating Income of Brookfield Renewable Corp over the last few years. Operating Income is the amount of profit realized from Brookfield Renewable Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Brookfield Renewable Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Brookfield Renewable's Operating Income 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.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Brookfield Operating Income Regression Statistics
| Arithmetic Mean | 577,309,477 | |
| Coefficient Of Variation | 179.42 | |
| Mean Deviation | 510,173,626 | |
| Median | 584,000,000 | |
| Standard Deviation | 1,035,828,803 | |
| Sample Variance | 1072941.3T | |
| Range | 5B | |
| R-Value | 0.11 | |
| Mean Square Error | 1130793.5T | |
| R-Squared | 0.01 | |
| Significance | 0.68 | |
| Slope | 22,424,115 | |
| Total Sum of Squares | 17167060.9T |
Brookfield Operating Income History
About Brookfield Renewable Financial Statements
Brookfield Renewable investors utilize fundamental indicators, such as Operating Income, to predict how Brookfield Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Income | 1.2 B | 623.2 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
| 0.71 | KTO | K2 Gold | PairCorr |
| 0.71 | FFH-PJ | Fairfax Financial | PairCorr |
| 0.69 | TNR | TNR Gold Corp | PairCorr |
| 0.6 | IE | Ivanhoe Energy | PairCorr |
| 0.59 | AX-UN | Artis Real Estate | 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 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.Check out the analysis of Brookfield Renewable Correlation against competitors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.