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TransAlta (TSX:TA) 6-Month Price Index : 1.86 (As of Dec. 11, 2024)


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What is TransAlta 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-12-11), TransAlta's 6-Month Price Index is 1.86.


Competitive Comparison of TransAlta's 6-Month Price Index

For the Utilities - Independent Power Producers subindustry, TransAlta's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TransAlta  (TSX:TA) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


TransAlta  (TSX:TA) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.


TransAlta 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of TransAlta's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.


TransAlta Business Description

Address
1100 1st Street SE, TransAlta Place, Suite 1400, Calgary, AB, CAN, T2G 1B1
TransAlta Corp is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia. The company has six reportable segments namely, hydro, wind & solar, Energy Marketing, gas, energy transition segment and Corporate Segment. The company generates the majority of its revenue from the gas segment.
Executives
Jane Nyla Fedoretz Senior Officer
John Harry Kousinioris Director, Senior Officer
Kerry Lynn O'reilly Senior Officer
Blain Mitchell Van Melle Senior Officer
Aron John Willis Senior Officer
Todd John Stack Senior Officer
Candace Joan Macgibbon Director
Brent Vincent Ward Senior Officer
Michael Jon Novelli Senior Officer
Scott Thomas Jeffers Senior Officer
Brett Gellner Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Allen R. Hagerman Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Dawn Lorraine Farrell Director, Senior Officer
Kathryn Elizabeth Higgins Senior Officer
Brookfield Corporation 10% Security Holder

TransAlta Headlines

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