Transalta Corp Stock Price on November 5, 2024
| TAC Stock | USD 14.20 0.03 0.21% |
Below is the normalized historical share price chart for TransAlta Corp extending back to July 31, 2001. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of TransAlta Corp stands at 14.20, as last reported on the 26th of December, with the highest price reaching 14.27 and the lowest price hitting 13.99 during the day.
If you're considering investing in TransAlta Stock, it is important to understand the factors that can impact its price. TransAlta Corp appears to be not too volatile, given 3 months investment horizon. TransAlta Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting TransAlta Corp's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please review TransAlta Corp's Semi Deviation of 1.29, risk adjusted performance of 0.1884, and Coefficient Of Variation of 440.21 to confirm if our risk estimates are consistent with your expectations.
At present, TransAlta Corp's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 4.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 246.7 M. . At present, TransAlta Corp's Price Sales Ratio is projected to slightly decrease based on the last few years of reporting. TransAlta Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 31st of July 2001 | 200 Day MA 8.6045 | 50 Day MA 11.3898 | Beta 0.917 |
TransAlta |
Sharpe Ratio = 0.215
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Estimated Market Risk
| 2.5 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 16 84% of assets perform better |
Based on monthly moving average TransAlta Corp is performing at about 16% 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.
Price Book 6.9881 | Enterprise Value Ebitda 9.9286 | Price Sales 1.52 | Shares Float 297 M | Dividend Share 0.235 |
TransAlta Corp Valuation on November 5, 2024
It is possible to determine the worth of TransAlta Corp on a given historical date. On November 5, 2024 TransAlta was worth 9.96 at the beginning of the trading date compared to the closed value of 11.03. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TransAlta Corp stock. Still, in general, we apply an absolute valuation method to find TransAlta Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of TransAlta Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TransAlta Corp's related companies.
| Open | High | Low | Close | Volume | |
| 10.24 | 10.37 | 10.20 | 10.25 | 1,071,881 | |
11/05/2024 | 9.96 | 11.06 | 9.14 | 11.03 | 1,581,292 |
| 10.63 | 10.79 | 10.07 | 10.39 | 1,412,143 |
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TransAlta Corp Trading Date Momentum on November 5, 2024
| On November 06 2024 TransAlta Corp was traded for 10.39 at the closing time. Highest TransAlta Corp's price during the trading hours was 10.79 and the lowest price during the day was 10.07 . The net volume was 1.4 M. The overall trading history on the 6th of November contributed to the next trading period price depreciation. The trading price change to the next next day price was 5.80% . The trading price change to current price is 5.62% . |
TransAlta Corp Fundamentals Correlations and Trends
By evaluating TransAlta Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TransAlta Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TransAlta financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TransAlta Corp Stock history
TransAlta Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TransAlta is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TransAlta Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TransAlta Corp stock prices may prove useful in developing a viable investing in TransAlta Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 276 M | 246.7 M | |
| Net Income Applicable To Common Shares | 3.6 M | 3.4 M |
TransAlta Corp Stock Technical Analysis
TransAlta Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
TransAlta Corp Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
TransAlta Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
TransAlta Corp December 26, 2024 Market Strength
Market strength indicators help investors to 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 undertsting and applying TransAlta Corp stock market strength indicators, traders can identify TransAlta Corp entry and exit signals to maximize returns
TransAlta Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TransAlta Corp's price direction in advance. Along with the technical and fundamental analysis of TransAlta Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TransAlta to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1884 | |||
| Jensen Alpha | 0.5564 | |||
| Total Risk Alpha | 0.442 | |||
| Sortino Ratio | 0.2839 | |||
| Treynor Ratio | (2.51) |
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Complementary Tools for TransAlta Stock analysis
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.
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