Talen Energy Stock Forecast - Relative Strength Index
| TLN Stock | 214.20 5.69 2.59% |
Talen Stock Forecast is based on your current time horizon.
Talen |
| Previous Relative Strength Index | Relative Strength Index | Trend |
| 67.53 | 67.53 |
| Check Talen Energy Volatility | Backtest Talen Energy | Trend Details |
Talen Energy Trading Date Momentum
| On November 25 2024 Talen Energy was traded for 214.20 at the closing time. Highest Talen Energy's price during the trading hours was 222.49 and the lowest price during the day was 210.26 . There was no trading activity during the period 0.0. Lack of trading volume on the 25th of November did not result in any price rise and fall. The trading price change to current price is 2.71% . |
| Compare Talen Energy to competition |
Other Forecasting Options for Talen Energy
For every potential investor in Talen, whether a beginner or expert, Talen Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Talen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Talen. Basic forecasting techniques help filter out the noise by identifying Talen Energy's price trends.Talen Energy Related Equities
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 Talen Energy stock to make a market-neutral strategy. Peer analysis of Talen Energy could also be used in its relative valuation, which is a method of valuing Talen Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Talen Energy Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Talen Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Talen Energy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Talen Energy Market Strength Events
Market strength indicators help investors to evaluate how Talen Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Talen Energy shares will generate the highest return on investment. By undertsting and applying Talen Energy stock market strength indicators, traders can identify Talen Energy entry and exit signals to maximize returns.
| Accumulation Distribution | 0.055 | |||
| Daily Balance Of Power | (0.47) | |||
| Rate Of Daily Change | 0.97 | |||
| Day Median Price | 216.38 | |||
| Day Typical Price | 215.65 | |||
| Market Facilitation Index | 12.23 | |||
| Price Action Indicator | (5.02) | |||
| Period Momentum Indicator | (5.69) | |||
| Relative Strength Index | 67.53 |
Talen Energy Risk Indicators
The analysis of Talen Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Talen Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting talen stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.79 | |||
| Semi Deviation | 2.95 | |||
| Standard Deviation | 3.55 | |||
| Variance | 12.58 | |||
| Downside Variance | 11.53 | |||
| Semi Variance | 8.7 | |||
| Expected Short fall | (3.07) |
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.
Pair Trading with Talen Energy
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 Talen Energy 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 Talen Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Talen Stock
| 0.85 | KEN | Kenon Holdings | PairCorr |
| 0.7 | NRG | NRG Energy | PairCorr |
| 0.85 | PAM | Pampa Energia SA | PairCorr |
| 0.73 | TAC | TransAlta Corp | PairCorr |
Moving against Talen Stock
| 0.75 | ELPC | Companhia Paranaense Potential Growth | PairCorr |
| 0.7 | ES | Eversource Energy | PairCorr |
| 0.62 | FE | FirstEnergy | PairCorr |
| 0.55 | ED | Consolidated Edison | PairCorr |
| 0.54 | RNWWW | ReNew Energy Global | PairCorr |
The ability to find closely correlated positions to Talen Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Talen Energy 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 Talen Energy - 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 Talen Energy to buy it.
The correlation of Talen Energy 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 Talen Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Talen Energy 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 Talen Energy 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.Check out Historical Fundamental Analysis of Talen Energy to cross-verify your projections. To learn how to invest in Talen Stock, please use our How to Invest in Talen Energy guide.You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Independent Power and Renewable Electricity Producers space 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 Talen Energy. If investors know Talen 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 Talen Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Talen Energy is measured differently than its book value, which is the value of Talen that is recorded on the company's balance sheet. Investors also form their own opinion of Talen Energy's value that differs from its market value or its book value, called intrinsic value, which is Talen Energy'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 Talen Energy's market value can be influenced by many factors that don't directly affect Talen Energy'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 Talen Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Talen Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Talen Energy'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.