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TransAlta (TSX:TA.PR.J.PFD) 6-Month Price Index : 1.27 (As of May. 01, 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 (2024-05-01), TransAlta's 6-Month Price Index is 1.27.

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.PR.J.PFD) 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.PR.J.PFD) 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 (TSX:TA.PR.J.PFD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » TransAlta Corp (TSX:TA.PR.J.PFD) » Definitions » 6-Month Price Index
Comparable Companies
TSX:CPX TSX:MXG SHSE:600900 BOM:533096 HKSE:01816 VST XTER:UN0 BOM:500400 SHSE:600011 NRG BOM:539254 NSE:JSWENERGY HKSE:00006 HKSE:00836 SHSE:600023 SHSE:600674 LSE:CNA BOM:532779 SHSE:601991 DFM:EMPOWER
Traded in Other Exchanges
TAC:USA TZ1:Germany TA.PR.H.PFD:Canada TA.PR.F.PFD:Canada TA.PR.E.PFD:Canada TA.PR.D.PFD:Canada TA:Canada
Address
110 - 12th Avenue SW, Station M, Calgary, AB, CAN, T2P 2M1
Website
https://ww.transalta.com
TransAlta 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 consisting of hydro, wind, solar, battery storage, gas and energy transition facilities. The majority of the company's revenues are derived from the sale of generation capacity, electricity, thermal energy, environmental attributes, and byproducts of power generation.

TransAlta (TSX:TA.PR.J.PFD) Headlines

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