Transalta Corp Stock Performance
| TA Stock | CAD 15.87 0.28 1.80% |
On a scale of 0 to 100, TransAlta Corp holds a performance score of 20. The entity has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TransAlta Corp are expected to decrease at a much lower rate. During the bear market, TransAlta Corp is likely to outperform the market. Please check TransAlta Corp's value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether TransAlta Corp's existing price patterns will revert.
Risk-Adjusted Performance
20 of 100
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Solid
Compared to the overall equity markets, risk-adjusted returns on investments in TransAlta Corp are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, TransAlta Corp displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Forward Dividend Yield 0.0151 | Payout Ratio 0.4706 | Last Split Factor 1:5 | Forward Dividend Rate 0.24 | Dividend Date 2025-01-01 |
1 | A Closer Look At TransAlta Corporations Impressive ROE - Yahoo Finance | 09/20/2024 |
2 | Stocks In Play TransAlta Corporation - Barchart | 11/14/2024 |
| Begin Period Cash Flow | 1.1 B |
TransAlta |
TransAlta Corp Relative Risk vs. Return Landscape
If you would invest 1,172 in TransAlta Corp on September 2, 2024 and sell it today you would earn a total of 415.00 from holding TransAlta Corp or generate 35.41% return on investment over 90 days. TransAlta Corp is currently producing 0.4926% returns and takes up 1.9166% volatility of returns over 90 trading days. Put another way, 17% of traded stocks are less volatile than TransAlta, and 91% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
TransAlta Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TransAlta Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TransAlta Corp, and traders can use it to determine the average amount a TransAlta Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.257
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Estimated Market Risk
| 1.92 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average TransAlta Corp is performing at about 20% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TransAlta Corp by adding it to a well-diversified portfolio.
TransAlta Corp Fundamentals Growth
TransAlta Stock prices reflect investors' perceptions of the future prospects and financial health of TransAlta Corp, and TransAlta Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on TransAlta Stock performance.
| Return On Equity | 0.0995 | ||||
| Return On Asset | 0.042 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.15 % | ||||
| Current Valuation | 9.44 B | ||||
| Shares Outstanding | 298.5 M | ||||
| Price To Earning | 114.11 X | ||||
| Price To Book | 5.43 X | ||||
| Price To Sales | 1.70 X | ||||
| Revenue | 3.35 B | ||||
| Gross Profit | 1.11 B | ||||
| EBITDA | 1.71 B | ||||
| Net Income | 695 M | ||||
| Cash And Equivalents | 1.13 B | ||||
| Cash Per Share | 0.74 X | ||||
| Total Debt | 4.21 B | ||||
| Debt To Equity | 85.20 % | ||||
| Current Ratio | 1.74 X | ||||
| Book Value Per Share | 2.92 X | ||||
| Cash Flow From Operations | 1.46 B | ||||
| Earnings Per Share | 0.38 X | ||||
| Market Capitalization | 4.74 B | ||||
| Total Asset | 8.66 B | ||||
| Retained Earnings | (2.57 B) | ||||
| Working Capital | (162 M) | ||||
About TransAlta Corp Performance
By examining TransAlta Corp's fundamental ratios, stakeholders can obtain critical insights into TransAlta Corp's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that TransAlta Corp is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 33.49 | 34.40 | |
| Return On Tangible Assets | 0.09 | 0.09 | |
| Return On Capital Employed | 0.16 | 0.17 | |
| Return On Assets | 0.08 | 0.08 | |
| Return On Equity | 0.45 | 0.47 |
Things to note about TransAlta Corp performance evaluation
Checking the ongoing alerts about TransAlta Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TransAlta Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TransAlta Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 71.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Stocks In Play TransAlta Corporation - Barchart |
- Analyzing TransAlta Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether TransAlta Corp's stock is overvalued or undervalued compared to its peers.
- Examining TransAlta Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating TransAlta Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TransAlta Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TransAlta Corp's stock. These opinions can provide insight into TransAlta Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TransAlta 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 estimate. To learn how to invest in TransAlta Stock, please use our How to Invest in TransAlta Corp guide.You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.