TransAlta Renewables Performance
| TRSWFDelisted Stock | USD 10.20 0.06 0.59% |
The entity has a beta of 0.0369, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TransAlta Renewables' returns are expected to increase less than the market. However, during the bear market, the loss of holding TransAlta Renewables is expected to be smaller as well. TransAlta Renewables right now has a risk of 0.0%. Please validate TransAlta Renewables value at risk, and the relationship between the jensen alpha and skewness , to decide if TransAlta Renewables will be following its existing price patterns.
Risk-Adjusted Performance
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Over the last 90 days TransAlta Renewables has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, TransAlta Renewables is not utilizing all of its potentials. The newest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 582 M | |
| Total Cashflows From Investing Activities | -525 M |
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TransAlta Renewables Relative Risk vs. Return Landscape
If you would invest 1,020 in TransAlta Renewables on September 16, 2024 and sell it today you would earn a total of 0.00 from holding TransAlta Renewables or generate 0.0% return on investment over 90 days. TransAlta Renewables is currently producing negative expected returns and takes up 0.0% volatility of returns over 90 trading days. Put another way, 0% of traded pink sheets are less volatile than TransAlta, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
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TransAlta Renewables Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TransAlta Renewables' investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as TransAlta Renewables, and traders can use it to determine the average amount a TransAlta Renewables' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0
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Based on monthly moving average TransAlta Renewables is not performing at its full potential. However, 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 Renewables by adding TransAlta Renewables to a well-diversified portfolio.
TransAlta Renewables Fundamentals Growth
TransAlta Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of TransAlta Renewables, and TransAlta Renewables fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on TransAlta Pink Sheet performance.
| Return On Equity | 0.0374 | |||
| Return On Asset | 0.018 | |||
| Profit Margin | 0.14 % | |||
| Operating Margin | 0.19 % | |||
| Current Valuation | 3.29 B | |||
| Shares Outstanding | 266.9 M | |||
| Price To Earning | 37.41 X | |||
| Price To Book | 2.14 X | |||
| Price To Sales | 4.28 X | |||
| Revenue | 470 M | |||
| EBITDA | 342 M | |||
| Cash And Equivalents | 218 M | |||
| Cash Per Share | 0.82 X | |||
| Total Debt | 529 M | |||
| Debt To Equity | 0.49 % | |||
| Book Value Per Share | 6.63 X | |||
| Cash Flow From Operations | 336 M | |||
| Earnings Per Share | 0.22 X | |||
| Total Asset | 3.75 B | |||
About TransAlta Renewables Performance
By analyzing TransAlta Renewables' fundamental ratios, stakeholders can gain valuable insights into TransAlta Renewables' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TransAlta Renewables has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if TransAlta Renewables has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TransAlta Renewables Inc. develops, owns, and operates renewable power generation facilities. TransAlta Renewables Inc. is a subsidiary of TransAlta Corporation. Transalta Renewables is traded on OTC Exchange in the United States.Things to note about TransAlta Renewables performance evaluation
Checking the ongoing alerts about TransAlta Renewables for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for TransAlta Renewables help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TransAlta Renewables is not yet fully synchronised with the market data | |
| TransAlta Renewables has a very high chance of going through financial distress in the upcoming years | |
| TransAlta Renewables has accumulated 529 M in total debt with debt to equity ratio (D/E) of 0.49, which is about average as compared to similar companies. TransAlta Renewables has a current ratio of 0.94, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TransAlta Renewables until it has trouble settling it off, either with new capital or with free cash flow. So, TransAlta Renewables' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TransAlta Renewables sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TransAlta to invest in growth at high rates of return. When we think about TransAlta Renewables' use of debt, we should always consider it together with cash and equity. | |
| About 60.0% of TransAlta Renewables outstanding shares are owned by corporate insiders |
- Analyzing TransAlta Renewables' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether TransAlta Renewables' stock is overvalued or undervalued compared to its peers.
- Examining TransAlta Renewables' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating TransAlta Renewables' management team can have a significant impact on its success or failure. Reviewing the track record and experience of TransAlta Renewables' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TransAlta Renewables' pink sheet. These opinions can provide insight into TransAlta Renewables' potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Other Consideration for investing in TransAlta Pink Sheet
If you are still planning to invest in TransAlta Renewables check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TransAlta Renewables' history and understand the potential risks before investing.
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