Talen Non Current Assets Total vs Retained Earnings Analysis
| TLN Stock | 219.89 13.80 6.70% |
Talen Energy financial indicator trend analysis is much more than just breaking down Talen Energy prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Talen Energy is a good investment. Please check the relationship between Talen Energy Non Current Assets Total and its Retained Earnings accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Talen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Talen Stock, please use our How to Invest in Talen Energy guide.
Non Current Assets Total vs Retained Earnings
Non Current Assets Total vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Talen Energy Non Current Assets Total account and Retained Earnings. At this time, the significance of the direction appears to have pay attention.
The correlation between Talen Energy's Non Current Assets Total and Retained Earnings is -0.99. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Talen Energy, assuming nothing else is changed. The correlation between historical values of Talen Energy's Non Current Assets Total and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of Talen Energy are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Non Current Assets Total i.e., Talen Energy's Non Current Assets Total and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.99 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Non Current Assets Total
The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Talen Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Talen Energy 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Talen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Talen Stock, please use our How to Invest in Talen Energy guide.At this time, Talen Energy's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 22nd of November 2024, Enterprise Value Multiple is likely to grow to 56.43, while Enterprise Value is likely to drop about 2.7 B.
| 2015 | 2016 | 2023 | 2024 (projected) | Interest Expense | 211M | 401M | 357M | 326.7M | Depreciation And Amortization | 579M | 616M | 507M | 559.9M |
Talen Energy fundamental ratios Correlations
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Talen Energy Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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
| 0.86 | KEN | Kenon Holdings | PairCorr |
| 0.84 | NRG | NRG Energy | PairCorr |
| 0.86 | PAM | Pampa Energia SA | PairCorr |
| 0.76 | TAC | TransAlta Corp | PairCorr |
Moving against Talen Stock
| 0.75 | ELPC | Companhia Paranaense | PairCorr |
| 0.68 | ES | Eversource Energy | PairCorr |
| 0.58 | FE | FirstEnergy | PairCorr |
| 0.53 | RNWWW | ReNew Energy Global | PairCorr |
| 0.5 | HE | Hawaiian Electric | 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Talen Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Talen Stock, please use our How to Invest in Talen Energy guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.
Quarterly Earnings Growth 14.51 | Revenue Per Share 35.938 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0145 | Return On Equity 0.3533 |
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.