Brookfield Dividends Paid vs Stock Based Compensation Analysis

BEPC Stock  CAD 44.61  0.11  0.25%   
Brookfield Renewable financial indicator trend analysis is way more than just evaluating Brookfield Renewable Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Brookfield Renewable Corp is a good investment. Please check the relationship between Brookfield Renewable Dividends Paid and its Stock Based Compensation accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Dividends Paid vs Stock Based Compensation

Dividends Paid vs Stock Based Compensation Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Brookfield Renewable Corp Dividends Paid account and Stock Based Compensation. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Brookfield Renewable's Dividends Paid and Stock Based Compensation is 0.42. Overlapping area represents the amount of variation of Dividends Paid that can explain the historical movement of Stock Based Compensation in the same time period over historical financial statements of Brookfield Renewable Corp, assuming nothing else is changed. The correlation between historical values of Brookfield Renewable's Dividends Paid and Stock Based Compensation is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Dividends Paid of Brookfield Renewable Corp are associated (or correlated) with its Stock Based Compensation. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Stock Based Compensation has no effect on the direction of Dividends Paid i.e., Brookfield Renewable's Dividends Paid and Stock Based Compensation go up and down completely randomly.

Correlation Coefficient

0.42
Relationship DirectionPositive 
Relationship StrengthWeak

Dividends Paid

The total amount of dividends that a company has paid out to its shareholders over a specific period.

Stock Based Compensation

Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
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 Corp 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 Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
At this time, Brookfield Renewable's Selling General Administrative is very stable compared to the past year. As of the 4th of December 2024, Issuance Of Capital Stock is likely to grow to about 263.6 M, while Tax Provision is likely to drop about 55.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit2.2B2.6B2.5B2.1B
Total Revenue3.4B3.8B4.0B3.2B

Brookfield Renewable fundamental ratios Correlations

-0.88-0.89-0.53-0.78-0.2-0.91-0.33-0.87-0.88-0.77-0.9-0.87-0.38-0.8-0.9-0.93-0.46-0.930.580.5-0.93-0.9-0.910.99-0.89
-0.881.00.520.790.580.980.641.01.00.610.931.00.510.810.930.920.390.98-0.16-0.290.990.940.95-0.840.98
-0.891.00.480.780.540.980.650.991.00.630.951.00.490.810.950.920.430.99-0.19-0.30.990.940.94-0.850.99
-0.530.520.480.720.240.530.330.520.50.080.380.510.70.560.380.49-0.220.5-0.02-0.660.540.520.65-0.50.5
-0.780.790.780.720.40.770.50.780.780.210.70.780.860.930.70.740.220.76-0.32-0.510.80.80.83-0.760.75
-0.20.580.540.240.40.450.780.580.56-0.050.470.580.420.490.470.450.270.440.470.010.440.530.47-0.10.45
-0.910.980.980.530.770.450.650.970.990.650.950.970.460.810.950.940.410.98-0.23-0.420.990.960.97-0.880.99
-0.330.640.650.330.50.780.650.630.670.010.650.640.470.660.650.590.390.530.37-0.340.560.680.63-0.260.64
-0.871.00.990.520.780.580.970.630.990.610.921.00.510.790.920.910.370.98-0.15-0.270.980.930.94-0.830.97
-0.881.01.00.50.780.560.990.670.990.610.941.00.50.820.940.920.420.98-0.16-0.320.990.950.95-0.840.99
-0.770.610.630.080.21-0.050.650.010.610.610.710.61-0.260.30.710.70.490.72-0.52-0.180.670.590.57-0.780.65
-0.90.930.950.380.70.470.950.650.920.940.710.920.310.841.00.970.670.94-0.33-0.460.930.960.91-0.870.94
-0.871.01.00.510.780.580.970.641.01.00.610.920.510.80.920.910.380.98-0.15-0.280.980.940.95-0.830.97
-0.380.510.490.70.860.420.460.470.510.5-0.260.310.510.690.310.33-0.170.420.05-0.280.480.450.53-0.350.46
-0.80.810.810.560.930.490.810.660.790.820.30.840.80.690.840.850.550.77-0.36-0.590.80.890.85-0.770.79
-0.90.930.950.380.70.470.950.650.920.940.711.00.920.310.840.970.670.94-0.33-0.460.930.960.91-0.870.94
-0.930.920.920.490.740.450.940.590.910.920.70.970.910.330.850.970.60.93-0.39-0.550.930.980.95-0.90.91
-0.460.390.43-0.220.220.270.410.390.370.420.490.670.38-0.170.550.670.60.41-0.43-0.330.370.530.35-0.450.4
-0.930.980.990.50.760.440.980.530.980.980.720.940.980.420.770.940.930.41-0.27-0.320.990.930.94-0.910.98
0.58-0.16-0.19-0.02-0.320.47-0.230.37-0.15-0.16-0.52-0.33-0.150.05-0.36-0.33-0.39-0.43-0.270.36-0.28-0.3-0.270.63-0.2
0.5-0.29-0.3-0.66-0.510.01-0.42-0.34-0.27-0.32-0.18-0.46-0.28-0.28-0.59-0.46-0.55-0.33-0.320.36-0.35-0.53-0.520.49-0.35
-0.930.990.990.540.80.440.990.560.980.990.670.930.980.480.80.930.930.370.99-0.28-0.350.950.96-0.910.98
-0.90.940.940.520.80.530.960.680.930.950.590.960.940.450.890.960.980.530.93-0.3-0.530.950.98-0.860.93
-0.910.950.940.650.830.470.970.630.940.950.570.910.950.530.850.910.950.350.94-0.27-0.520.960.98-0.870.95
0.99-0.84-0.85-0.5-0.76-0.1-0.88-0.26-0.83-0.84-0.78-0.87-0.83-0.35-0.77-0.87-0.9-0.45-0.910.630.49-0.91-0.86-0.87-0.87
-0.890.980.990.50.750.450.990.640.970.990.650.940.970.460.790.940.910.40.98-0.2-0.350.980.930.95-0.87
Click cells to compare fundamentals

Brookfield Renewable Account Relationship Matchups

Brookfield Renewable fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets35.8B39.5B42.0B43.3B49.4B38.0B
Short Long Term Debt Total12.3B13.7B13.5B15.1B16.6B12.4B
Other Current Liab125M(916M)6.4B(1.3B)5.2B5.4B
Total Current Liabilities1.4B3.3B3.1B3.0B8.3B8.8B
Total Stockholder Equity7.3B1.2B3.7B5.9B5.8B5.3B
Other Liab4.8B5.5B6.4B6.5B7.4B4.8B
Net Tangible Assets6.2B(26M)2.6B4.9B5.7B3.1B
Property Plant And Equipment Net32.6B36.1B37.9B37.8B44.0B34.1B
Net Debt12.0B12.5B13.1B14.5B16.1B11.9B
Accounts Payable118M3.3B3.1B3.0B184M174.8M
Cash304M355M410M642M441M364.7M
Non Current Assets Total34.4B37.8B39.6B40.1B46.1B35.9B
Non Currrent Assets Other193M79M57M(70M)478M501.9M
Other Assets197M217M241M652M749.8M787.3M
Cash And Short Term Investments304M355M410M642M441M364.7M
Net Receivables720M1.3B2.0B2.6B2.1B1.5B
Good Will949M970M849M1.8B854M1.1B
Liabilities And Stockholders Equity35.8B39.5B42.0B43.3B49.4B38.0B
Non Current Liabilities Total16.5B24.5B24.7B23.4B24.0B19.6B
Other Current Assets137M45M83M53M76M65.9M
Other Stockholder Equity5.9B7.0B(4.8B)(3.2B)(3.5B)(3.3B)
Total Liab17.9B27.7B27.8B26.5B32.3B22.8B
Total Current Assets1.4B1.7B2.4B3.2B3.3B2.1B
Accumulated Other Comprehensive Income5.9B7.0B8.5B9.1B9.3B7.3B
Short Term Debt623M916M1.5B1.3B1.9B1.1B
Common Stock2.0B1.5B(5.8B)(4.8B)(4.4B)(4.1B)
Property Plant Equipment32.6B36.1B37.9B37.8B43.5B29.4B
Current Deferred Revenue558M(8.5B)(7.9B)1.1B960.3M1.0B
Long Term Debt5.5B12.8B13.5B13.8B14.2B11.9B
Capital Lease Obligations66M392M371M364M501M310.6M
Inventory202M22M20M18M65M57.6M
Net Invested Capital13.4B14.0B17.2B19.7B21.9B18.2B
Long Term Investments348M372M455M451M644M469.5M
Short Long Term Debt156M886M1.5B1.3B1.9B1.1B
Non Current Liabilities Other44M7.4B6.2B4.4B94M89.3M
Net Working Capital132M(8.4B)(700M)187M(5.0B)(4.8B)

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.
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 Corp 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 Corp 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 Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Brookfield Renewable's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Brookfield Renewable Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Brookfield Renewable Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Brookfield Renewable Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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.