Brookfield Renewable Partners Stock Alpha and Beta Analysis
| BEP-UN Stock | CAD 35.88 0.69 1.96% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Brookfield Renewable Partners. It also helps investors analyze the systematic and unsystematic risks associated with investing in Brookfield Renewable over a specified time horizon. Remember, high Brookfield Renewable's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Brookfield Renewable's market risk premium analysis include:
Beta (0.54) | Alpha 0.21 | Risk 2.17 | Sharpe Ratio 0.0635 | Expected Return 0.14 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Brookfield |
Brookfield Renewable Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Brookfield Renewable market risk premium is the additional return an investor will receive from holding Brookfield Renewable long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Brookfield Renewable. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Brookfield Renewable's performance over market.| α | 0.21 | β | -0.54 |
Brookfield Renewable expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Brookfield Renewable's Buy-and-hold return. Our buy-and-hold chart shows how Brookfield Renewable performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Brookfield Renewable Market Price Analysis
Market price analysis 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 understating and applying Brookfield Renewable stock market price indicators, traders can identify Brookfield Renewable position entry and exit signals to maximize returns.
Brookfield Renewable Return and Market Media
The median price of Brookfield Renewable for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 35.78 with a coefficient of variation of 5.33. The daily time series for the period is distributed with a sample standard deviation of 1.91, arithmetic mean of 35.78, and mean deviation of 1.45. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Wall Street SWOT Brookfield Renewable Partners stock rides green energy wave - Investing.com | 09/27/2024 |
2 | Brookfield Renewable Announces Reorganization of Brookfield Renewable Corporation BEP Stock News - StockTitan | 10/09/2024 |
3 | Is Brookfield Renewable Partners a Buy for its 5.6 percent Yield - The Motley Fool Canada | 11/20/2024 |
About Brookfield Renewable Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Brookfield or other stocks. Alpha measures the amount that position in Brookfield Renewable has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2024 (projected) | Dividend Yield | 0.086 | 0.0726 | Price To Sales Ratio | 2.4 | 1.57 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Brookfield Renewable in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Brookfield Renewable's short interest history, or implied volatility extrapolated from Brookfield Renewable options trading.
Build Portfolio with Brookfield Renewable
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Brookfield Renewable Backtesting, Brookfield Renewable Valuation, Brookfield Renewable Correlation, Brookfield Renewable Hype Analysis, Brookfield Renewable Volatility, Brookfield Renewable History and analyze Brookfield Renewable Performance. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.