Transalta Corp Stock Price Patterns
| TA Stock | CAD 16.92 0.28 1.63% |
Momentum 41
Sell Extended
Oversold | Overbought |
Quarterly Earnings Growth (0.79) | EPS Estimate Next Quarter 0.115 | EPS Estimate Current Year 0.158 | EPS Estimate Next Year 0.238 | Wall Street Target Price 23.5455 |
Using TransAlta Corp hype-based prediction, you can estimate the value of TransAlta Corp from the perspective of TransAlta Corp response to recently generated media hype and the effects of current headlines on its competitors.
The fear of missing out, i.e., FOMO, can cause potential investors in TransAlta Corp to buy its stock at a price that has no basis in reality. In that case, they are not buying TransAlta because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
TransAlta Corp after-hype prediction price | CAD 17.04 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
TransAlta |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TransAlta Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
TransAlta Corp After-Hype Price Density Analysis
As far as predicting the price of TransAlta Corp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in TransAlta Corp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of TransAlta Corp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
TransAlta Corp Estimiated After-Hype Price Volatility
In the context of predicting TransAlta Corp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on TransAlta Corp's historical news coverage. TransAlta Corp's after-hype downside and upside margins for the prediction period are 14.76 and 19.32, respectively. We have considered TransAlta Corp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
TransAlta Corp is not too volatile at this time. Analysis and calculation of next after-hype price of TransAlta Corp is based on 3 months time horizon.
TransAlta Corp Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as TransAlta Corp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading TransAlta Corp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with TransAlta Corp, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.38 | 2.27 | 0.17 | 0.11 | 5 Events / Month | 2 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
16.92 | 17.04 | 0.93 |
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TransAlta Corp Hype Timeline
TransAlta Corp is at this time traded for 16.92on Toronto Exchange of Canada. The entity has historical hype elasticity of -0.17, and average elasticity to hype of competition of 0.11. TransAlta is anticipated to decline in value after the next headline, with the price expected to drop to 17.04. The average volatility of media hype impact on the company price is over 100%. The price reduction on the next news is expected to be -0.93%, whereas the daily expected return is at this time at -0.38%. The volatility of related hype on TransAlta Corp is about 768.05%, with the expected price after the next announcement by competition of 17.03. About 81.0% of the company shares are owned by institutional investors. The company has Price/Earnings (P/E) ratio of 114.11. TransAlta Corp recorded a loss per share of 0.64. The entity last dividend was issued on the 27th of February 2026. The firm had 1:5 split on the 1st of August 2019. Assuming the 90 days horizon the next anticipated press release will be in about 5 days. Check out TransAlta Corp Basic Forecasting Models to cross-verify your projections.TransAlta Corp Related Hype Analysis
Having access to credible news sources related to TransAlta Corp's direct competition is more important than ever and may enhance your ability to predict TransAlta Corp's future price movements. Getting to know how TransAlta Corp's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how TransAlta Corp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| BIPC | Brookfield Infrastructure Corp | 1.09 | 9 per month | 1.10 | 0.03 | 2.19 | (1.94) | 5.44 | |
| BEPC | Brookfield Renewable Corp | 1.05 | 6 per month | 0.00 | (0.07) | 2.27 | (2.60) | 7.95 | |
| NPI | Northland Power | 0.05 | 8 per month | 0.00 | (0.11) | 2.30 | (2.97) | 27.95 | |
| CU | Canadian Utilities Limited | 0.20 | 3 per month | 0.29 | 0.19 | 1.45 | (0.98) | 5.01 | |
| AQN | Algonquin Power Utilities | (0.08) | 8 per month | 0.91 | 0.10 | 2.89 | (1.71) | 10.69 | |
| ACO-X | ATCO | 0.65 | 7 per month | 0.61 | 0.16 | 1.56 | (1.13) | 4.78 | |
| CPX | Capital Power | 0.15 | 10 per month | 0.00 | (0.17) | 2.92 | (4.69) | 10.21 | |
| BIP-PE | Brookfield Infrastructure Partners | 0.00 | 0 per month | 0.46 | (0.06) | 1.01 | (0.85) | 2.56 | |
| BEP-UN | Brookfield Renewable Partners | (0.45) | 7 per month | 0.00 | (0.06) | 3.50 | (2.64) | 9.24 |
TransAlta Corp Additional Predictive Modules
Most predictive techniques to examine TransAlta price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for TransAlta using various technical indicators. When you analyze TransAlta charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About TransAlta Corp Predictive Indicators
The successful prediction of TransAlta Corp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as TransAlta Corp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of TransAlta Corp based on analysis of TransAlta Corp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to TransAlta Corp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to TransAlta Corp's related companies. | 2023 | 2024 | 2025 | 2026 (projected) | Dividend Yield | 0.0358 | 0.02 | 0.023 | 0.0219 | Price To Sales Ratio | 0.91 | 2.16 | 2.48 | 1.63 |
Pair Trading with TransAlta Corp
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 TransAlta Corp 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 TransAlta Corp will appreciate offsetting losses from the drop in the long position's value.Moving against TransAlta Stock
| 0.86 | RY | Royal Bank | PairCorr |
| 0.85 | TD | Toronto Dominion Bank | PairCorr |
| 0.81 | BNP | BNP Paribas CDR | PairCorr |
| 0.78 | HSTR | Heliostar Metals | PairCorr |
| 0.76 | BCE-PT | Bce Inc Pref | PairCorr |
| 0.75 | MS | Morgan Stanley CDR | PairCorr |
The ability to find closely correlated positions to TransAlta Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TransAlta Corp 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 TransAlta Corp - 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 TransAlta Corp to buy it.
The correlation of TransAlta Corp 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 TransAlta Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TransAlta 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 TransAlta Corp 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 TransAlta Corp Basic Forecasting Models to cross-verify your projections. To learn how to invest in TransAlta Stock, please use our How to Invest in TransAlta Corp guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.