Brookfield Selling And Marketing Expenses vs Other Operating Expenses Analysis

BEP Stock  USD 21.34  0.04  0.19%   
Brookfield Renewable financial indicator trend analysis is way more than just evaluating Brookfield Renewable prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Renewable is a good investment. Please check the relationship between Brookfield Renewable Selling And Marketing Expenses and its Other Operating Expenses accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.

Selling And Marketing Expenses vs Other Operating Expenses

Selling And Marketing Expenses vs Other Operating Expenses Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Renewable Selling And Marketing Expenses account and Other Operating Expenses. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Brookfield Renewable's Selling And Marketing Expenses and Other Operating Expenses is -0.49. Overlapping area represents the amount of variation of Selling And Marketing Expenses that can explain the historical movement of Other Operating Expenses in the same time period over historical financial statements of Brookfield Renewable Partners, assuming nothing else is changed. The correlation between historical values of Brookfield Renewable's Selling And Marketing Expenses and Other Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling And Marketing Expenses of Brookfield Renewable Partners are associated (or correlated) with its Other Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Operating Expenses has no effect on the direction of Selling And Marketing Expenses i.e., Brookfield Renewable's Selling And Marketing Expenses and Other Operating Expenses go up and down completely randomly.

Correlation Coefficient

-0.49
Relationship DirectionNegative 
Relationship StrengthVery Weak

Selling And Marketing Expenses

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Brookfield Renewable. It is also known as Brookfield Renewable overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most indicators from Brookfield Renewable's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Brookfield Renewable current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
At this time, Brookfield Renewable's Selling General Administrative is relatively stable compared to the past year. As of 04/29/2024, Enterprise Value Over EBITDA is likely to grow to 23.00, while Sales General And Administrative To Revenue is likely to drop 0.03.
 2021 2022 2023 2024 (projected)
Gross Profit2.7B3.3B1.1B961.8M
Total Revenue4.1B4.7B5.0B5.3B

Brookfield Renewable fundamental ratios Correlations

0.990.40.930.391.0-0.131.0-0.020.420.91.00.30.890.87-0.410.591.00.370.150.091.00.990.970.9-0.23
0.990.350.930.410.99-0.121.0-0.050.450.910.990.310.910.9-0.410.571.00.370.10.161.00.990.980.9-0.25
0.40.350.41-0.460.39-0.120.350.08-0.50.450.41-0.670.510.07-0.11-0.010.40.160.22-0.730.410.40.30.6-0.19
0.930.930.410.370.93-0.40.93-0.010.530.890.930.170.890.9-0.340.460.910.24-0.10.130.940.940.910.94-0.33
0.390.41-0.460.370.410.040.420.470.690.290.390.690.220.45-0.40.550.37-0.210.10.520.380.450.370.180.41
1.00.990.390.930.41-0.110.990.010.430.881.00.310.880.86-0.420.620.990.380.150.091.00.990.960.89-0.2
-0.13-0.12-0.12-0.40.04-0.11-0.110.23-0.49-0.12-0.120.08-0.12-0.38-0.020.26-0.080.310.3-0.18-0.14-0.17-0.2-0.250.44
1.01.00.350.930.420.99-0.11-0.050.450.90.990.320.90.9-0.410.581.00.380.110.161.00.990.970.9-0.25
-0.02-0.050.08-0.010.470.010.23-0.05-0.08-0.07-0.01-0.01-0.1-0.280.010.3-0.04-0.290.23-0.36-0.040.05-0.19-0.040.86
0.420.45-0.50.530.690.43-0.490.45-0.080.280.420.720.230.72-0.210.340.380.01-0.30.720.420.440.490.24-0.14
0.90.910.450.890.290.88-0.120.9-0.070.280.890.11.00.82-0.270.420.90.20.020.120.910.90.920.95-0.28
1.00.990.410.930.391.0-0.120.99-0.010.420.890.290.890.87-0.420.61.00.380.150.081.00.990.960.9-0.22
0.30.31-0.670.170.690.310.080.32-0.010.720.10.290.040.46-0.090.470.280.080.20.670.270.290.36-0.060.19
0.890.910.510.890.220.88-0.120.9-0.10.231.00.890.040.8-0.280.40.90.230.030.070.910.90.910.96-0.33
0.870.90.070.90.450.86-0.380.9-0.280.720.820.870.460.8-0.30.420.870.25-0.130.490.880.870.940.79-0.44
-0.41-0.41-0.11-0.34-0.4-0.42-0.02-0.410.01-0.21-0.27-0.42-0.09-0.28-0.3-0.24-0.41-0.18-0.21-0.06-0.4-0.4-0.37-0.280.13
0.590.57-0.010.460.550.620.260.580.30.340.420.60.470.40.42-0.240.580.210.240.110.560.590.490.370.17
1.01.00.40.910.370.99-0.081.0-0.040.380.91.00.280.90.87-0.410.580.40.160.11.00.990.970.9-0.24
0.370.370.160.24-0.210.380.310.38-0.290.010.20.380.080.230.25-0.180.210.4-0.2-0.170.370.260.290.24-0.24
0.150.10.22-0.10.10.150.30.110.23-0.30.020.150.20.03-0.13-0.210.240.16-0.2-0.290.110.170.13-0.050.37
0.090.16-0.730.130.520.09-0.180.16-0.360.720.120.080.670.070.49-0.060.110.1-0.17-0.290.110.110.26-0.03-0.24
1.01.00.410.940.381.0-0.141.0-0.040.420.911.00.270.910.88-0.40.561.00.370.110.110.990.970.92-0.26
0.990.990.40.940.450.99-0.170.990.050.440.90.990.290.90.87-0.40.590.990.260.170.110.990.960.91-0.19
0.970.980.30.910.370.96-0.20.97-0.190.490.920.960.360.910.94-0.370.490.970.290.130.260.970.960.88-0.35
0.90.90.60.940.180.89-0.250.9-0.040.240.950.9-0.060.960.79-0.280.370.90.24-0.05-0.030.920.910.88-0.36
-0.23-0.25-0.19-0.330.41-0.20.44-0.250.86-0.14-0.28-0.220.19-0.33-0.440.130.17-0.24-0.240.37-0.24-0.26-0.19-0.35-0.36
Click cells to compare fundamentals

Brookfield Renewable Account Relationship Matchups

Brookfield Renewable fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets46.2B49.7B55.9B64.1B75.7B79.5B
Short Long Term Debt Total17.7B18.1B22.0B27.5B30.3B31.8B
Other Current Liab383M297M406M(2.3B)2.6B2.8B
Total Current Liabilities2.4B6.5B3.2B6.1B8.0B8.4B
Total Stockholder Equity2.0B21.8B24.0B26.3B4.7B6.4B
Property Plant And Equipment Net41.1B44.6B49.4B54.3B63.7B66.9B
Current Deferred Revenue734M(297M)760M34.8M40.0M38.0M
Net Debt17.3B17.7B21.2B26.5B28.9B30.3B
Retained Earnings(508.3M)17.9B20.5B(4.9B)2.1B3.1B
Accounts Payable152M4.4B208M6.1B386.0M530.4M
Cash352M431M764M998M1.4B1.5B
Non Current Assets Total44.2B47.6B53.0B59.3B71.2B74.7B
Other Assets765M769M810M1.3B2.2B0.95
Cash And Short Term Investments440M431M764M998M1.6B1.7B
Net Receivables896M1.7B899M3.7B2.5B2.6B
Common Stock Shares Outstanding268.5M274.8M275.1M275.4M287.2M186.9M
Liabilities And Stockholders Equity40.8B49.7B55.9B64.1B75.7B79.5B
Non Current Liabilities Total23.3B21.5B28.6B31.7B37.9B39.8B
Inventory536.0M26M31M42M110.4M116.0M
Other Current Assets148.0M(26M)1.2B86M326.3M207.4M
Other Stockholder Equity(4.0B)(988M)(1.5B)26.3B(2.1B)(2.0B)
Total Liab25.7B28.0B31.9B37.8B45.9B48.2B
Property Plant And Equipment Gross30.7B44.6B49.4B54.3B64.0B67.2B
Total Current Assets2.0B2.1B2.9B4.7B4.6B4.8B
Accumulated Other Comprehensive Income5.7B4.8B5.6B6.0B6.0B6.4B
Short Term Debt1.2B2.1B1.8B2.3B5.0B5.2B
Common Stock2.3M4.2B9.6B(1.9B)(2.2B)(2.1B)
Non Currrent Assets Other603M1.0B1.1B(176M)73.5M69.9M
Other Liab6.7B7.7B6.2B9.8B11.2B11.8B
Net Tangible Assets6.8B7.8B9.2B8.5B9.7B10.2B
Long Term Debt16.2B15.9B21.5B25.2B24.8B26.0B
Good Will949M970M966M3.7B1.9B2.0B
Short Term Investments60M88M62M125M198.0M207.9M
Long Term Investments1.9B971M1.1B1.4B4.3B4.5B
Short Long Term Debt685M2.1B2.1B2.3B4.9B5.2B
Intangible Assets241M232M218M209M15M14.3M
Property Plant Equipment41.1B44.6B49.4B54.3B62.4B65.5B
Long Term Debt Total16.2B18.1B21.5B23.1B26.6B15.8B

Brookfield Renewable Investors Sentiment

The influence of Brookfield Renewable's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Brookfield. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Brookfield Renewable's public news can be used to forecast risks associated with an investment in Brookfield. The trend in average sentiment can be used to explain how an investor holding Brookfield can time the market purely based on public headlines and social activities around Brookfield Renewable Partners. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Brookfield Renewable's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Brookfield Renewable's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Brookfield Renewable's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Brookfield Renewable.
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.

Pair Trading with Brookfield Renewable

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Brookfield Renewable position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Brookfield Renewable will appreciate offsetting losses from the drop in the long position's value.

Moving together with Brookfield Stock

  0.83RNWWW ReNew Energy GlobalPairCorr
  0.84ELIQ Electriq Power Holdings Symbol ChangePairCorr

Moving against Brookfield Stock

  0.72CEG Constellation Energy Corp Financial Report 2nd of May 2024 PairCorr
  0.65VGAS Verde Clean FuelsPairCorr
  0.62WAVE Eco Wave PowerPairCorr
  0.43VGASW Verde Clean FuelsPairCorr
The ability to find closely correlated positions to Brookfield Renewable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Brookfield Renewable when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Brookfield Renewable - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Brookfield Renewable Partners to buy it.
The correlation of Brookfield Renewable is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Brookfield Renewable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Brookfield Renewable moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Brookfield Renewable can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Brookfield Renewable is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Brookfield Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Brookfield Renewable Partners Stock. Highlighted below are key reports to facilitate an investment decision about Brookfield Renewable Partners Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Brookfield Renewable information on this page should be used as a complementary analysis to other Brookfield Renewable's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Brookfield Stock analysis

When running Brookfield Renewable's price analysis, check to measure Brookfield Renewable's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brookfield Renewable is operating at the current time. Most of Brookfield Renewable's value examination focuses on studying past and present price action to predict the probability of Brookfield Renewable's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brookfield Renewable's price. Additionally, you may evaluate how the addition of Brookfield Renewable to your portfolios can decrease your overall portfolio volatility.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
CEOs Directory
Screen CEOs from public companies around the world
Bonds Directory
Find actively traded corporate debentures issued by US companies
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Global Correlations
Find global opportunities by holding instruments from different markets
Is Brookfield Renewable's industry 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.
Quarterly Earnings Growth
(0.43)
Dividend Share
1.35
Earnings Share
(0.32)
Revenue Per Share
10.374
Quarterly Revenue Growth
0.106
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.