Is Brookfield Renewable Corporation stock undervalued vs historical averages - Weekly Stock Recap Free Community Consensus Stock Picks - newser.com
| BEPC Stock | CAD 54.39 0.07 0.13% |
About 54% of Brookfield Renewable's investor base is interested to short. The analysis of overall sentiment of trading Brookfield Renewable Corp stock suggests that many investors are impartial at this time. Brookfield Renewable's investing sentiment overview a quick insight into current market opportunities from investing in Brookfield Renewable Corp. Many technical investors use Brookfield Renewable Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
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Is Brookfield Renewable Corporation stock undervalued vs historical averages - Weekly Stock Recap Free Community Consensus Stock Picks newser.com
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Brookfield Renewable Fundamental Analysis
We analyze Brookfield Renewable's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Brookfield Renewable using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Brookfield Renewable based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Brookfield Renewable is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Brookfield Renewable Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Brookfield Renewable stock to make a market-neutral strategy. Peer analysis of Brookfield Renewable could also be used in its relative valuation, which is a method of valuing Brookfield Renewable by comparing valuation metrics with similar companies.
Peers
Brookfield Renewable Related Equities
| BLX | Boralex | 1.71 | ||||
| NPI | Northland Power | 1.39 | ||||
| BIPC | Brookfield Infrastructure | 1.19 | ||||
| BEP-UN | Brookfield Renewable | 0.15 | ||||
| AQN | Algonquin Power | 0.12 | ||||
| BIP-PE | Brookfield Infrastructure | 0.59 | ||||
| CU | Canadian Utilities | 0.70 | ||||
| ACO-X | ATCO | 1.09 | ||||
| TA | TransAlta Corp | 1.43 |
Check out Brookfield Renewable Hype Analysis, Brookfield Renewable Correlation and Brookfield Renewable Performance. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.