Brookfield Renewable Partners Stock Price on June 22, 2024

BEP-UN Stock  CAD 29.84  0.27  0.90%   
If you're considering investing in Brookfield Stock, it is important to understand the factors that can impact its price. As of today, the current price of Brookfield Renewable stands at 29.84, as last reported on the 20th of January, with the highest price reaching 30.35 and the lowest price hitting 29.62 during the day. Brookfield Renewable secures Sharpe Ratio (or Efficiency) of -0.24, which signifies that the company had a -0.24 % return per unit of risk over the last 3 months. Brookfield Renewable Partners exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brookfield Renewable's Risk Adjusted Performance of (0.21), mean deviation of 1.38, and Standard Deviation of 1.77 to double-check the risk estimate we provide.
  
Brookfield Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2357

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Estimated Market Risk

 1.76
  actual daily
15
85% of assets are more volatile

Expected Return

 -0.42
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.24
  actual daily
0
Most of other assets perform better
Based on monthly moving average Brookfield Renewable is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Brookfield Renewable by adding Brookfield Renewable to a well-diversified portfolio.

Brookfield Renewable Valuation on June 22, 2024

It is possible to determine the worth of Brookfield Renewable on a given historical date. On June 22, 2024 Brookfield was worth 33.27 at the beginning of the trading date compared to the closed value of 33.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Brookfield Renewable stock. Still, in general, we apply an absolute valuation method to find Brookfield Renewable's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Brookfield Renewable where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Brookfield Renewable's related companies.
 Open High Low Close Volume
  34.16    34.16    33.26    33.41    288,554  
06/21/2024
  33.27    33.68    33.02    33.16    406,362  
  33.16    34.88    33.16    34.68    307,739  
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Open Value
33.27
33.16
Closing Value
38.56
Upside

Brookfield Renewable Trading Date Momentum on June 22, 2024

On June 24 2024 Brookfield Renewable Partners was traded for  34.68  at the closing time. The highest price during the trading period was 34.88  and the lowest recorded bid was listed for  33.16 . The volume for the day was 307.7 K. This history from June 24, 2024 contributed to the next trading day price jump. The overall trading delta to the next closing price was 4.58% . The overall trading delta to the current price is 0.30% .

Brookfield Renewable Fundamentals Correlations and Trends

By evaluating Brookfield Renewable's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Brookfield Renewable's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Brookfield financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Brookfield Renewable Stock history

Brookfield Renewable investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Brookfield is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Brookfield Renewable will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Brookfield Renewable stock prices may prove useful in developing a viable investing in Brookfield Renewable
Brookfield Renewable Partners L.P. owns a portfolio of renewable power generating facilities primarily in North America, Colombia, Brazil, Europe, India, and China. Brookfield Renewable Partners L.P. was founded in 1999 and is headquartered in Hamilton, Bermuda. BROOKFIELD RENEWABLE operates under UtilitiesRenewable classification in Canada and is traded on Toronto Stock Exchange. It employs 3000 people.

Brookfield Renewable Stock Technical Analysis

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.
A focus of Brookfield Renewable technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Brookfield Renewable trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Brookfield Renewable Period Price Range

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January 20, 2025
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Brookfield Renewable Partners cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Brookfield Renewable January 20, 2025 Market Strength

Market strength indicators help investors to evaluate how Brookfield Renewable stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Brookfield Renewable shares will generate the highest return on investment. By undertsting and applying Brookfield Renewable stock market strength indicators, traders can identify Brookfield Renewable Partners entry and exit signals to maximize returns

Brookfield Renewable Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Brookfield Renewable's price direction in advance. Along with the technical and fundamental analysis of Brookfield Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Brookfield to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Brookfield Stock analysis

When running Brookfield Renewable's price analysis, check to measure Brookfield Renewable's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookfield Renewable is operating at the current time. Most of Brookfield Renewable's value examination focuses on studying past and present price action to predict the probability of Brookfield Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Renewable's price. Additionally, you may evaluate how the addition of Brookfield Renewable to your portfolios can decrease your overall portfolio volatility.
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