Transalta A Cum Preferred Stock Today
| TA-PD Preferred Stock | CAD 13.57 0.01 0.07% |
Performance3 of 100
| Odds Of DistressOver 60
|
Transalta is selling for under 13.57 as of the 18th of April 2024; that is 0.07 percent up since the beginning of the trading day. The preferred stock's last reported lowest price was 13.57. Transalta has more than 60 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Transalta A Cum are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of June 2022 and ending today, the 18th of April 2024. Click here to learn more.
TransAlta Corporation operates as non-regulated electricity generation and energy marketing company in Canada, the United States, and Western Australia. TransAlta Corporation was founded in 1909 and is headquartered in Calgary, Canada. TRANSALTA CORP operates under Utilities - Independent Power Producers classification in Canada and is traded on Toronto Stock Exchange. The company has 286 M outstanding shares of which 17.1 K shares are at this time shorted by private and institutional investors with about 6.31 days to cover all short positions. More on Transalta A Cum
Moving against Transalta Preferred Stock
| 0.48 | TA | TransAlta Corp | PairCorr |
| 0.47 | VMY-H | Voice Mobility Inter | PairCorr |
Follow Valuation Odds of Bankruptcy
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Transalta Preferred Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Transalta's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Transalta or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Utilities - Independent Power Producers, Utilities (View all Sectors) |
Transalta A Cum (TA-PD) is traded on Toronto Exchange in Canada and employs 1,282 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Transalta's market, we take the total number of its shares issued and multiply it by Transalta'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 A Cum operates under Utilities sector and is part of Utilities - Independent Power Producers industry. The entity has 286 M outstanding shares of which 17.1 K shares are at this time shorted by private and institutional investors with about 6.31 days to cover all short positions.
Transalta A Cum has accumulated about 109 M in cash with 1 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38.
Check Transalta Probability Of Bankruptcy
Ownership AllocationTransalta A Cum shows a total of 286 Million outstanding shares. 30% of Transalta A Cum outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Transalta Ownership Details
Transalta Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Transalta jumping above the current price in 90 days from now is about 43.38%. The Transalta A Cum probability density function shows the probability of Transalta preferred stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Transalta has a beta of 0.1291. This usually implies as returns on the market go up, Transalta average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Transalta A Cum will be expected to be much smaller as well. Additionally, transalta A Cum has an alpha of 0.0578, implying that it can generate a 0.0578 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Transalta to move above the current price in 90 days from now is about 43.38 (This Transalta A Cum probability density function shows the probability of Transalta Preferred Stock to fall within a particular range of prices over 90 days) .
Transalta A Cum Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Transalta market risk premium is the additional return an investor will receive from holding Transalta long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Transalta. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Transalta's alpha and beta are two of the key measurements used to evaluate Transalta's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.7063 | |||
| Semi Deviation | 0.8729 | |||
| Standard Deviation | 1.13 | |||
| Variance | 1.29 |
Transalta Stock Against Markets
Picking the right benchmark for Transalta preferred stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Transalta preferred stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Transalta is critical whether you are bullish or bearish towards Transalta A Cum at a given time. Please also check how Transalta's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Transalta without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Transalta Corporate Management
Elected by the shareholders, the Transalta's board of directors comprises two types of representatives: Transalta inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Transalta. The board's role is to monitor Transalta's management team and ensure that shareholders' interests are well served. Transalta's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Transalta's outside directors are responsible for providing unbiased perspectives on the board's policies.
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How to buy Transalta Preferred Stock?
Before investing in Transalta, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Transalta. To buy Transalta preferred stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Transalta. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Transalta preferred stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Transalta A Cum preferred stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Transalta A Cum preferred stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the preferred stock
It's important to note that investing in stocks, such as Transalta A Cum, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in preferred stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Transalta A Cum?
The danger of trading Transalta A Cum is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Transalta is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Transalta. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Transalta A Cum is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Transalta A Cum. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Transalta A Cum information on this page should be used as a complementary analysis to other Transalta'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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Transalta Preferred Stock analysis
When running Transalta's price analysis, check to measure Transalta'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 is operating at the current time. Most of Transalta's value examination focuses on studying past and present price action to predict the probability of Transalta'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's price. Additionally, you may evaluate how the addition of Transalta to your portfolios can decrease your overall portfolio volatility.
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