Brookfield Renewable Stock Forward View - Polynomial Regression
| BEPC Stock | CAD 52.76 -0.21 -0.40% |
Brookfield Renewable's Polynomial Regression reference data reflects the model's output when applied to available daily price observations. This page summarizes the model output and key accuracy metrics for reference. The projected value and error metrics are calculated from available daily price observations. This information is intended as reference material for analytical purposes.
The Polynomial Regression forecasted value of Brookfield Renewable Corp on the next trading day is expected to be 51.20 with a mean absolute deviation of 0.90 and the sum of the absolute errors of 55.62.A single variable polynomial regression model attempts to put a curve through the Brookfield Renewable historical price points. Mathematically, assuming the independent variable is X and the dependent variable is Y, this line can be indicated as: Y = a0 + a1*X + a2*X2 + a3*X3 + ... + am*Xm The Polynomial Regression reference values for Brookfield Renewable are derived from publicly available price data and should be used for informational purposes only. Polynomial Regression Price Forecast For the 25th of March
Given 90 days horizon, the Polynomial Regression forecasted value of Brookfield Renewable Corp on the next trading day is expected to be 51.20 with a mean absolute deviation of 0.90 , mean absolute percentage error of 1.27 , and the sum of the absolute errors of 55.62 .Please note that although there have been many attempts to predict Brookfield Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Brookfield Renewable's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Stock Forecast Pattern
| Backtest Brookfield Renewable | Brookfield Renewable Price Prediction | Research Analysis |
Forecasted Value
This next-day forecast for Brookfield Renewable Corp uses model performance to estimate practical downside and upside boundaries rather than a single point target alone. The projected forecast band currently runs from roughly 49.23 on the downside to about 53.18 on the upside.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Polynomial Regression forecasting method's relative quality and the estimations of the prediction error of Brookfield Renewable stock data series using in forecasting. Note that when a statistical model is used to represent Brookfield Renewable stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 120.1894 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 0.8971 |
| MAPE | Mean absolute percentage error | 0.0162 |
| SAE | Sum of the absolute errors | 55.6216 |
Other Forecasting Options for Brookfield Renewable
Relative Strength Index values for Brookfield measure the speed and magnitude of recent price changes. Recognizing these clusters in Brookfield Renewable's returns helps calibrate position size and stop-loss levels. Candlestick pattern analysis of Brookfield Stock daily data can reveal short-term reversal or continuation signals. Identifying these patterns in Brookfield Stock data supports better trade timing.Brookfield Renewable Related Equities
These related stocks within the Utilities space give benchmarks for judging Brookfield Renewable's results, margins, and growth trend. Growth rate gaps between Brookfield Renewable and its peers often explain pricing differences in the market. Peer review is most useful when paired with absolute pricing and trend checks. This type of review is most useful when done often to track how positions shift over time.
| Risk & Return | Correlation |
Brookfield Renewable Market Strength Events
Market strength indicators provide a structured view of how Brookfield Renewable stock is positioned relative to trends. These indicators are valuable tools for identifying when to enter or exit positions in Brookfield Renewable Corp. These signals help validate or refine position timing for Brookfield Renewable. Review these indicators alongside Brookfield Renewable's fundamental data for a complete analytical picture.
Brookfield Renewable Risk Indicators
The analysis of Brookfield Renewable's risk metrics is one of the most important steps in projecting its future price. This process quantifies the risk associated with Brookfield Renewable's and helps determine how to manage it. A structured analysis of Brookfield Renewable's risk indicators is one of the most reliable ways to improve forecast accuracy. Investors who carefully evaluate the risks in Brookfield Renewable's are better positioned to make informed decisions.
| Mean Deviation | 1.5 | |||
| Semi Deviation | 2.09 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.88 | |||
| Downside Variance | 4.55 | |||
| Semi Variance | 4.38 | |||
| Expected Short fall | -1.39 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Brookfield Renewable
Story coverage around Brookfield Renewable Corp often expands when market conditions, narrative momentum, or risk-adjusted performance make the security more visible to investors. A disciplined read of coverage separates durable relevance from temporary noise.
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Brookfield Renewable Short Properties
A short-interest review of Brookfield Renewable Corp provides context for understanding whether skepticism in the market is becoming more influential. Used correctly, these measures can help investors decide when hedging or timing discipline may matter more than conviction alone.
| Common Stock Shares Outstanding | 179.6 M | |
| Cash And Short Term Investments | 963.6 M |
More Resources for Brookfield Stock Analysis
Understanding Brookfield Renewable Corp starts with its core financial statements, trend data, and ratio analysis. All values are based on Brookfield Renewable's latest available financial disclosures.The Historical Fundamental Analysis of Brookfield Renewable dataset supports cross-verification of projections for Brookfield Renewable. Brookfield Renewable currently shows ROE of -21.96%, market cap of 9.55 Billion. Investors get more value from Brookfield Renewable analysis when it is combined with the construction and diversification tools listed below. Brookfield Renewable analysis across multiple dimensions - risk, valuation, diversification - produces a more informed position-sizing decision. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.