Discover the Income-generating Potential of Canadas Top Dividend Stocks - Yahoo Canada Finance

TRSWFDelisted Stock  USD 10.20  0.06  0.59%   
Roughly 53% of TransAlta Renewables' investor base is interested to short. The analysis of overall sentiment of trading TransAlta Renewables pink sheet suggests that many investors are impartial at this time. The current market sentiment, together with TransAlta Renewables' historical and current headlines, can help investors time the market. In addition, many technical investors use TransAlta Renewables stock news signals to limit their universe of possible portfolio assets.
TransAlta Renewables pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of TransAlta daily returns and investor perception about the current price of TransAlta Renewables as well as its diversification or hedging effects on your existing portfolios.
  
Discover the Income-generating Potential of Canadas Top Dividend Stocks Yahoo Canada Finance

Read at news.google.com
Google News at Macroaxis
  

TransAlta Renewables Fundamental Analysis

We analyze TransAlta Renewables' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TransAlta Renewables using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TransAlta Renewables based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Current Valuation

Current Valuation Comparative Analysis

TransAlta Renewables is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

TransAlta Renewables Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TransAlta Renewables pink sheet to make a market-neutral strategy. Peer analysis of TransAlta Renewables could also be used in its relative valuation, which is a method of valuing TransAlta Renewables by comparing valuation metrics with similar companies.

Peers

TransAlta Renewables Related Equities

EEExcelerate Energy   1.30   
0%
56.0%
RNWRenew Energy   0.85   
0%
37.0%
AQNAlgonquin Power   0.67   
0%
29.0%
FLNCFluence Energy   0.59   
0%
25.0%
AMPSAltus Power   0.26   
0%
11.0%
AYAtlantica Sustainable   0.05   
0%
1.0%
CWENClearway Energy   0.00   
0%
0%
GIPIFGreen Impact   0.00   
0%
0%
ENLTEnlight Renewable   0.56   
24.0%
0%
DNNGYOrsted AS   0.91   
39.0%
0%
NEPNextera Energy   1.06   
46.0%
0%
ORAOrmat Technologies   2.29   
100.0%
0%
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Money Managers
Screen money managers from public funds and ETFs managed around the world
Transaction History
View history of all your transactions and understand their impact on performance
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets