TransAlta Corporation (TAC)

16.24 +0.10  +0.62%  May 31, 8:00PM Go Pro
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TransAlta Corporation Altman Z-Score: 0.9329

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TAC Altman Z-Score Rankings

Overall 22nd percentile 2769 of 3552
Sector 40th percentile 60 of 100 in Utilities
Industry 47th percentile 11 of 21 in Diversified Utilities

TAC Altman Z-Score Range, Past 5 Years

Minimum 0.8963 Jun 2010
Maximum 1.627 Dec 2007
Average 1.183

About Altman Z-Score

CAUTION: The Altman Z-Score is meant to be applied only to manufacturing firms that are near bankruptcy. It was not based on a sample including non-manufacturing firms (service firms, banks, etc.). Use it at your own risk with those companies, but beware that bankruptcy probabilities may be misstated.

The Altman Z-Score helps investors to gauge the probability of a company going bankrupt. Generally, firms with a score above 3.00 have a low probability of bankruptcy, and those with a Z-Score of less than 1.81 have a relatively high probability of bankruptcy.

Note that this is a probabilistic model, so it will not classify perfectly.

The score was first published in a 1968 paper by Edward Altman titled "Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy."

Altman re-tested the model in a 2000 paper titled "Predicting financial distress of companies: Revisiting the Z-score and Zeta models". The paper showed that the model still had utility for looking at manufacturers, though the number of misclassifications did increase over time.
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TAC News

Utilities Sector Wrap
May 30, 4:37PM Fox Business
@theRandomTrader $TAC I added a very small position (like the dividend), will add more if it lowers that much
about 35 days ago by CaptainOyama
$TAC I see more downside ahead. It's below S1 now and lost volume.
about 35 days ago by theRandomTrader
$TAC seeing a double bottom
about 35 days ago by theRandomTrader
TransAlta declares dividends
Apr 25, 5:35PM Marketwire
$TAC took profit yesterday, bought back on dip today. nice divi
about 58 days ago by Good2go
$TAC got in @ 18.50 to hold for the 6% divi but realize it's also a good flipping candidate as long as in on X div day in May.
about 60 days ago by Good2go
Best Yielding Utilities With Biggest Income Forecast + http://stks.co/2IVG + $PNG $TAC $EDE $ATLS $CPK $NVE $TRGP $SJW $PNM $AWK
about 114 days ago by DividendYield
TransAlta declares dividends
Jan 25, 5:33PM Marketwire
Desjardins Starts TransAlta (TAC) at Buy
Dec 01, 9:57AM Street Insider
Shares of TAC Now Oversold
Nov 21, 11:58AM
TransAlta 2011 Investor Day Conference
Nov 01, 11:05AM Marketwire
TransAlta declares dividends
Oct 27, 12:45PM Marketwire
$NGG $CIG $TAC $TRP Grabbing High Yields Overseas - these utilities are back to LT support, great yields http://tinyurl.com/3zx5tsq
about 296 days ago by tea8207
RT @ycharts Five Expensive Stocks Worth The Price http://stk.ly/m2EFid $TAC $CHFC $LFC $NS $BKH
about 392 days ago by howardlindzon
Five Expensive Stocks Worth The Price http://stk.ly/m2EFid $TAC $CHFC $LFC $NS $BKH
about 392 days ago by ycharts
$tac TD cuts price target by $1 http://stk.ly/hjJYzw
about 487 days ago by darcykeith
And the gut wins! $TAC drops 3% in the first 10 minutes of trading today, breaking all tech support, before recovering over 1/2 its losses.
about 580 days ago by Johnny905
$TAC http://chart.ly/e88f2g6 Lots of technical support here in the 20.40/20.50 area. A good risk/reward long but gut says lower.
about 581 days ago by Johnny905
$TAC ex div on 8/30 @ $1.16 also traded on TSX
about 644 days ago by CaptainOyama
Trending now on StockTwits: $6E_F $TAC $ATW $SPX $CALL $NE $VIX $TA $SDS $CH
about 796 days ago by STtrending
Trending now on StockTwits: $VIX $6E_F $TAC $SPY $ATW $SPX $CALL $NE $TA $SDS
about 796 days ago by STtrending
Trending now on StockTwits: $C $6E_F $TAC $SPY $ATW $CALL $NE $TA $SDS $HIHO
about 796 days ago by STtrending
Trending now on StockTwits: $SPY $SDS $C $ES_F $6E_F $TAC $ATW $CALL $NE $TA
about 796 days ago by STtrending
Trending now on StockTwits: $TA $AAPL $EURUSD $C $ES_F $6E_F $TAC $SPY $ATW $CALL
about 796 days ago by STtrending
Trending now on StockTwits: $ABIO $C $AAPL $EURUSD $ES_F $6E_F $TAC $SPY $ATW $CALL
about 796 days ago by STtrending
Trending now on StockTwits: $C $CALL $RIMM $EURUSD $ES_F $6E_F $TAC $SPY $ATW $VTIV
about 796 days ago by STtrending
Trending now on StockTwits: $RIMM $ABIO $ES_F $6E_F $CALL $EURUSD $SPX $TAC $SPY $ATW
about 796 days ago by STtrending
Trending now on StockTwits: $SPX $RIMM $ES_F $TAC $6E_F $ATW $AVB $JPM $USDJPY $FXI
about 796 days ago by STtrending
Trending now on StockTwits: $SPX $ES_F $SPY $EURUSD $C $TAC $6E_F $ATW $AVB $USDJPY
about 796 days ago by STtrending

Recent Quotes

Symbol Price Chg Chg % Market Cap
TAC 16.24 +0.10 +0.62% 3.626B
TA 4.64 +0.31 +7.16% 124.57M
T 34.17 +0.33 +0.98% 200.63B
SZYM 10.91 +0.22 +2.06% 638.51M
SZR 22.54 +0.11 +0.48%
SZK 18.50 +0.02 +0.11%
SYY 27.91 -0.10 -0.36% 16.37B
SYX 12.16 +0.16 +1.33% 436.80M
SYUT 4.94 -0.18 -3.52% 293.38M
SYT 64.31 -0.63 -0.97% 30.72B
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