Transalta Corp Stock Analysis

TransAlta Stock Analysis Notes

About 69.0% of the company shares are owned by institutional investors. The book value of TransAlta Corp was at this time reported as 1.94. The company has Price/Earnings (P/E) ratio of 126.14. TransAlta Corp last dividend was issued on the 29th of February 2024. The entity had 1:8 split on the June 5, 2014. TransAlta Corporation owns, operates, and develops a diverse fleet of electrical power generation assets in Canada, the United States, and Australia. The company was founded in 1909 and is headquartered in Calgary, Canada. Transalta Corp operates under UtilitiesIndependent Power Producers classification in the United States and is traded on New York Stock Exchange. It employs 1282 people. To find out more about TransAlta Corp contact Dawn Farrell at 403-267-7110 or learn more at https://www.transalta.com.

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TransAlta Stock Institutional Investors

Note, although TransAlta Corp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

TransAlta Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 2 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TransAlta Corp's market, we take the total number of its shares issued and multiply it by TransAlta Corp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

TransAlta Profitablity

The company has Net Profit Margin of 0.21 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.03 %, which entails that for every 100 dollars of revenue, it generated $0.03 of operating income.

Management Efficiency

TransAlta Corp has Return on Asset of 0.0692 % which means that on every $100 spent on assets, it made $0.0692 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.4358 %, implying that it generated $0.4358 on every 100 dollars invested. TransAlta Corp's management efficiency ratios could be used to measure how well TransAlta Corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.09. The current year's Return On Capital Employed is expected to grow to 0.29. At present, TransAlta Corp's Non Current Assets Total are projected to decrease significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 308.1 M, whereas Total Current Assets are forecasted to decline to about 1.4 B.

Technical Drivers

As of the 24th of April, TransAlta Corp has the Coefficient Of Variation of (962.48), variance of 3.41, and Risk Adjusted Performance of (0.06). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of TransAlta Corp, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze thirteen technical drivers for TransAlta Corp, which can be compared to its competition. Please validate TransAlta Corp variance, as well as the relationship between the maximum drawdown and skewness to decide if TransAlta Corp is priced more or less accurately, providing market reflects its prevalent price of 6.52 per share. Given that TransAlta Corp has information ratio of (0.15), we advise you to double-check TransAlta Corp's current market performance to make sure the company can sustain itself at a future point.

TransAlta Corp Price Movement Analysis

TransAlta Corp Predictive Daily Indicators

TransAlta Corp Corporate Filings

TransAlta Corp Forecast Models

TransAlta Corp's time-series forecasting models are one of many TransAlta Corp's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary TransAlta Corp's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how TransAlta Corp prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling TransAlta shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as TransAlta Corp. By using and applying TransAlta Stock analysis, traders can create a robust methodology for identifying TransAlta entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. TransAlta analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. TransAlta analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

TransAlta Corp stock analysis indicators help investors evaluate how TransAlta Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading TransAlta Corp shares will generate the highest return on investment. By understating and applying TransAlta Corp stock analysis, traders can identify TransAlta Corp position entry and exit signals to maximize returns.

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 tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade TransAlta Stock refer to our How to Trade TransAlta Stock guide.Note that the TransAlta Corp information on this page should be used as a complementary analysis to other TransAlta Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

When running TransAlta Corp's price analysis, check to measure TransAlta Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TransAlta Corp is operating at the current time. Most of TransAlta Corp's value examination focuses on studying past and present price action to predict the probability of TransAlta Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TransAlta Corp's price. Additionally, you may evaluate how the addition of TransAlta Corp to your portfolios can decrease your overall portfolio volatility.

Is TransAlta Corp's industry 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 TransAlta Corp. If investors know TransAlta 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 TransAlta Corp 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 TransAlta Corp is measured differently than its book value, which is the value of TransAlta that is recorded on the company's balance sheet. Investors also form their own opinion of TransAlta Corp's value that differs from its market value or its book value, called intrinsic value, which is TransAlta Corp'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 TransAlta Corp's market value can be influenced by many factors that don't directly affect TransAlta Corp'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 TransAlta Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if TransAlta Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TransAlta Corp'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.