Brookfield Renewable Partners Stock Market Value
| BEPJ Stock | 25.06 0.00 0.00% |
| Symbol | Brookfield |
Is Utilities space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brookfield Renewable. If investors know Brookfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brookfield Renewable listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Brookfield Renewable 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. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. 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.
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.
Brookfield Renewable 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Brookfield Renewable's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Brookfield Renewable.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Brookfield Renewable on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Brookfield Renewable Partners or generate 0.0% return on investment in Brookfield Renewable over 30 days. Brookfield Renewable is related to or competes with Suburban Propane, Kenon Holdings, Aris Water, Archrock, Astral Foods, Ingredion Incorporated, and Enel Chile. Brookfield Renewable is entity of United States More
Brookfield Renewable Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Brookfield Renewable's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Brookfield Renewable Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6738 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 3.74 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 1.42 |
Brookfield Renewable Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brookfield Renewable's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brookfield Renewable's standard deviation. In reality, there are many statistical measures that can use Brookfield Renewable historical prices to predict the future Brookfield Renewable's volatility.| Risk Adjusted Performance | (0.0003) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0.04) |
Brookfield Renewable Backtested Returns
Brookfield Renewable secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. Brookfield Renewable Partners exposes twenty-six different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Brookfield Renewable's Mean Deviation of 0.5524, downside deviation of 0.6738, and Risk Adjusted Performance of (0.0003) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Brookfield Renewable's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brookfield Renewable is expected to be smaller as well. At this point, Brookfield Renewable has a negative expected return of -0.0057%. Please make sure to confirm Brookfield Renewable's potential upside, and the relationship between the sortino ratio and skewness , to decide if Brookfield Renewable performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
Brookfield Renewable Partners has poor reverse predictability. Overlapping area represents the amount of predictability between Brookfield Renewable time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Brookfield Renewable price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Brookfield Renewable price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Brookfield Renewable lagged returns against current returns
Autocorrelation, which is Brookfield Renewable stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Brookfield Renewable's stock expected returns. We can calculate the autocorrelation of Brookfield Renewable returns to help us make a trade decision. For example, suppose you find that Brookfield Renewable has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Brookfield Renewable regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Brookfield Renewable stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brookfield Renewable stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brookfield Renewable stock over time.
Current vs Lagged Prices |
| Timeline |
Brookfield Renewable Lagged Returns
When evaluating Brookfield Renewable's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brookfield Renewable stock have on its future price. Brookfield Renewable autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Brookfield Renewable autocorrelation shows the relationship between Brookfield Renewable stock current value and its past values and can show if there is a momentum factor associated with investing in Brookfield Renewable Partners.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Brookfield Renewable Correlation, Brookfield Renewable Volatility and Brookfield Renewable Alpha and Beta module to complement your research on Brookfield Renewable. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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.