Transalta Corp Stock Buy Hold or Sell Recommendation
| TA Stock | CAD 13.69 0.10 0.74% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding TransAlta Corp is 'Strong Sell'. The recommendation algorithm takes into account all of TransAlta Corp's available fundamental, technical, and predictive indicators you will find on this site.
Check out TransAlta Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in TransAlta Stock, please use our How to Invest in TransAlta Corp guide. In addition, we conduct extensive research on individual companies such as TransAlta and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards 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.
TransAlta |
Execute TransAlta Corp Buy or Sell Advice
The TransAlta recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on TransAlta Corp. Macroaxis does not own or have any residual interests in TransAlta Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute TransAlta Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
TransAlta Corp Trading Alerts and Improvement Suggestions
| TransAlta Corp generated a negative expected return over the last 90 days | |
| TransAlta Corp has high historical volatility and very poor performance | |
| TransAlta Corp has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| About 75.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: TransAlta Corporation Reports Solid 2024 Performance - TipRanks |
TransAlta Corp Returns Distribution Density
The distribution of TransAlta Corp's historical returns is an attempt to chart the uncertainty of TransAlta Corp's future price movements. The chart of the probability distribution of TransAlta Corp daily returns describes the distribution of returns around its average expected value. We use TransAlta Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of TransAlta Corp returns is essential to provide solid investment advice for TransAlta Corp.
| Mean Return | -0.38 | Value At Risk | -4.69 | Potential Upside | 4.83 | Standard Deviation | 3.60 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of TransAlta Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
TransAlta Corp Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | (13M) | 6M | 42M | (2M) | 34M | 35.7M | |
| Change In Cash | 292M | 244M | 187M | (786M) | (11M) | (10.5M) | |
| Free Cash Flow | 202M | 512M | (72M) | 576M | 475M | 498.8M | |
| Other Non Cash Items | (3M) | 22M | 285M | (58M) | 10M | 9.5M | |
| Capital Expenditures | 500M | 489M | 949M | 888M | 321M | 473.8M | |
| Net Income | (253M) | (425M) | 161M | 695M | 229M | 240.5M | |
| End Period Cash Flow | 703M | 947M | 1.1B | 348M | 337M | 237.0M | |
| Depreciation | 798M | 719M | 599M | 669M | 531M | 685.5M | |
| Investments | (687M) | 128M | (741M) | (814M) | (520M) | (494M) | |
| Net Borrowings | 280M | 533M | (41M) | 351M | 403.7M | 423.8M | |
| Change To Netincome | (86M) | 72M | 613M | 495M | 569.3M | 597.7M |
TransAlta Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to TransAlta Corp or Independent Power and Renewable Electricity Producers sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that TransAlta Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a TransAlta stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.35 | |
β | Beta against Dow Jones | 0.31 | |
σ | Overall volatility | 3.65 | |
Ir | Information ratio | -0.08 |
TransAlta Corp Volatility Alert
TransAlta Corp exhibits very low volatility with skewness of -2.49 and kurtosis of 14.6. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure TransAlta Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact TransAlta Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.TransAlta Corp Fundamentals Vs Peers
Comparing TransAlta Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze TransAlta Corp's direct or indirect competition across all of the common fundamentals between TransAlta Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as TransAlta Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of TransAlta Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing TransAlta Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare TransAlta Corp to competition |
| Fundamentals | TransAlta Corp | Peer Average |
| Return On Equity | 0.14 | -0.31 |
| Return On Asset | 0.0418 | -0.14 |
| Profit Margin | 0.08 % | (1.27) % |
| Operating Margin | 0.02 % | (5.51) % |
| Current Valuation | 9.24 B | 16.62 B |
| Shares Outstanding | 297.6 M | 571.82 M |
| Shares Owned By Insiders | 0.22 % | 10.09 % |
| Shares Owned By Institutions | 74.93 % | 39.21 % |
| Number Of Shares Shorted | 7.38 M | 4.71 M |
| Price To Earning | 114.11 X | 28.72 X |
| Price To Book | 5.07 X | 9.51 X |
| Price To Sales | 1.43 X | 11.42 X |
| Revenue | 2.85 B | 9.43 B |
| Gross Profit | 1.14 B | 27.38 B |
| EBITDA | 1.16 B | 3.9 B |
| Net Income | 229 M | 570.98 M |
| Cash And Equivalents | 1.13 B | 2.7 B |
| Cash Per Share | 0.74 X | 5.01 X |
| Total Debt | 1.32 B | 5.32 B |
| Debt To Equity | 85.20 % | 48.70 % |
| Current Ratio | 1.74 X | 2.16 X |
| Book Value Per Share | 2.70 X | 1.93 K |
| Cash Flow From Operations | 796 M | 971.22 M |
| Short Ratio | 3.35 X | 4.00 X |
| Earnings Per Share | 0.59 X | 3.12 X |
| Price To Earnings To Growth | (1.68) X | 4.89 X |
| Target Price | 19.45 | |
| Number Of Employees | 1.17 K | 18.84 K |
| Beta | 0.8 | -0.15 |
| Market Capitalization | 4.07 B | 19.03 B |
| Total Asset | 9.5 B | 29.47 B |
| Retained Earnings | (2.46 B) | 9.33 B |
| Working Capital | (796 M) | 1.48 B |
TransAlta Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as TransAlta . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About TransAlta Corp Buy or Sell Advice
When is the right time to buy or sell TransAlta Corp? Buying financial instruments such as TransAlta Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Use Investing Ideas to Build Portfolios
In addition to having TransAlta Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Convertibles Funds Thematic Idea Now
Convertibles Funds
Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. The Convertibles Funds theme has 17 constituents at this time.
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Check out TransAlta Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in TransAlta Stock, please use our How to Invest in TransAlta Corp guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.