Brookfield Renewable Corp Stock Probability of Future Stock Price Finishing Under 44.03
| BEPC Stock | CAD 40.67 0.48 1.17% |
Brookfield |
Brookfield Renewable Target Price Odds to finish below 44.03
The tendency of Brookfield Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under C$ 44.03 after 90 days |
| 40.67 | 90 days | 44.03 | about 72.71 |
Based on a normal probability distribution, the odds of Brookfield Renewable to stay under C$ 44.03 after 90 days from now is about 72.71 (This Brookfield Renewable Corp probability density function shows the probability of Brookfield Stock to fall within a particular range of prices over 90 days) . Probability of Brookfield Renewable Corp price to stay between its current price of C$ 40.67 and C$ 44.03 at the end of the 90-day period is about 63.41 .
Assuming the 90 days trading horizon Brookfield Renewable has a beta of 0.56 suggesting as returns on the market go up, Brookfield Renewable average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Brookfield Renewable Corp will be expected to be much smaller as well. Additionally Brookfield Renewable Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Brookfield Renewable Price Density |
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Predictive Modules for Brookfield Renewable
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Brookfield Renewable Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Brookfield Renewable Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Brookfield Renewable is not an exception. The market had few large corrections towards the Brookfield Renewable's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Brookfield Renewable Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Brookfield Renewable within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.05 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 1.75 | |
Ir | Information ratio | -0.02 |
Brookfield Renewable Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Brookfield Renewable for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Brookfield Renewable Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Brookfield Renewable generated a negative expected return over the last 90 days | |
| Brookfield Renewable has high likelihood to experience some financial distress in the next 2 years | |
| Brookfield Renewable Corp has accumulated 16.57 B in total debt with debt to equity ratio (D/E) of 1.01, which is about average as compared to similar companies. Brookfield Renewable Corp has a current ratio of 0.29, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Brookfield Renewable until it has trouble settling it off, either with new capital or with free cash flow. So, Brookfield Renewable's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Brookfield Renewable Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Brookfield to invest in growth at high rates of return. When we think about Brookfield Renewable's use of debt, we should always consider it together with cash and equity. | |
| Over 76.0% of Brookfield Renewable shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Where Will Brookfield Renewable Stock Be in 3 Years - Yahoo Canada Finance |
Brookfield Renewable Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Brookfield Stock often depends not only on the future outlook of the current and potential Brookfield Renewable's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Brookfield Renewable's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 179.7 M | |
| Cash And Short Term Investments | 441 M |
Brookfield Renewable Technical Analysis
Brookfield Renewable's future price can be derived by breaking down and analyzing its technical indicators over time. Brookfield Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Brookfield Renewable Corp. In general, you should focus on analyzing Brookfield Stock price patterns and their correlations with different microeconomic environments and drivers.
Brookfield Renewable Predictive Forecast Models
Brookfield Renewable's time-series forecasting models is one of many Brookfield Renewable's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Brookfield Renewable's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Brookfield Renewable Corp
Checking the ongoing alerts about Brookfield Renewable for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Brookfield Renewable Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Brookfield Renewable generated a negative expected return over the last 90 days | |
| Brookfield Renewable has high likelihood to experience some financial distress in the next 2 years | |
| Brookfield Renewable Corp has accumulated 16.57 B in total debt with debt to equity ratio (D/E) of 1.01, which is about average as compared to similar companies. Brookfield Renewable Corp has a current ratio of 0.29, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Brookfield Renewable until it has trouble settling it off, either with new capital or with free cash flow. So, Brookfield Renewable's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Brookfield Renewable Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Brookfield to invest in growth at high rates of return. When we think about Brookfield Renewable's use of debt, we should always consider it together with cash and equity. | |
| Over 76.0% of Brookfield Renewable shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Where Will Brookfield Renewable Stock Be in 3 Years - Yahoo Canada Finance |
Check out Brookfield Renewable Backtesting, Brookfield Renewable Valuation, Brookfield Renewable Correlation, Brookfield Renewable Hype Analysis, Brookfield Renewable Volatility, Brookfield Renewable History as well as Brookfield Renewable Performance. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.