Transalta A Cum Preferred Stock Probability of Future Preferred Stock Price Finishing Under 15.33
| TA-PD Preferred Stock | CAD 15.33 0.07 0.46% |
Transalta |
Transalta Target Price Odds to finish below 15.33
The tendency of Transalta Preferred Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move below current price in 90 days |
| 15.33 | 90 days | 15.33 | about 98.0 |
Based on a normal probability distribution, the odds of Transalta to move below current price in 90 days from now is about 98.0 (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) .
Assuming the 90 days trading horizon Transalta A Cum has a beta of -0.0018. This usually implies as returns on the benchmark increase, returns on holding Transalta are expected to decrease at a much lower rate. During a bear market, however, Transalta A Cum is likely to outperform the market. Additionally Transalta A Cum has an alpha of 0.0669, implying that it can generate a 0.0669 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Transalta Price Density |
| Price |
Predictive Modules for Transalta
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Transalta A Cum. Regardless of method or technology, however, to accurately forecast the preferred stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the preferred stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Transalta's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Transalta Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Transalta is not an exception. The market had few large corrections towards the Transalta's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Transalta A Cum, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Transalta within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.0018 | |
σ | Overall volatility | 0.22 | |
Ir | Information ratio | -0.03 |
Transalta Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Transalta for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Transalta A Cum can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Transalta A Cum has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 2.72 B. Net Loss for the year was (537 M) with profit before overhead, payroll, taxes, and interest of 970 M. |
Transalta Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Transalta Preferred Stock often depends not only on the future outlook of the current and potential Transalta's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Transalta's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 271 M |
Transalta Technical Analysis
Transalta's future price can be derived by breaking down and analyzing its technical indicators over time. Transalta Preferred Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Transalta A Cum. In general, you should focus on analyzing Transalta Preferred Stock price patterns and their correlations with different microeconomic environments and drivers.
Transalta Predictive Forecast Models
Transalta's time-series forecasting models is one of many Transalta's preferred stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Transalta's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the preferred stock market movement and maximize returns from investment trading.
Things to note about Transalta A Cum
Checking the ongoing alerts about Transalta for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Transalta A Cum help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Transalta A Cum has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company reported the revenue of 2.72 B. Net Loss for the year was (537 M) with profit before overhead, payroll, taxes, and interest of 970 M. |
Additional 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.