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RNW.TO vs. FTS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


RNW.TOFTS

Fundamentals


RNW.TOFTS
Market CapCA$3.33B$18.97B
EPSCA$0.30$2.25
PE Ratio41.6017.10
PEG Ratio3.502.91
Revenue (TTM)CA$496.00M$11.52B
Gross Profit (TTM)CA$258.00M$4.41B
EBITDA (TTM)CA$231.00M$4.92B

Correlation

-0.50.00.51.00.4

The correlation between RNW.TO and FTS is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

RNW.TO vs. FTS - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%NovemberDecember2024FebruaryMarchApril0
0.70%
RNW.TO
FTS

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TransAlta Renewables Inc.

Fortis Inc

Risk-Adjusted Performance

RNW.TO vs. FTS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for TransAlta Renewables Inc. (RNW.TO) and Fortis Inc (FTS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


RNW.TO
Sharpe ratio
The chart of Sharpe ratio for RNW.TO, currently valued at 0.04, compared to the broader market-2.00-1.000.001.002.003.004.000.04
Sortino ratio
The chart of Sortino ratio for RNW.TO, currently valued at 0.34, compared to the broader market-4.00-2.000.002.004.006.000.34
Omega ratio
The chart of Omega ratio for RNW.TO, currently valued at 1.06, compared to the broader market0.501.001.501.06
Calmar ratio
The chart of Calmar ratio for RNW.TO, currently valued at 0.02, compared to the broader market0.002.004.006.000.02
Martin ratio
The chart of Martin ratio for RNW.TO, currently valued at 0.11, compared to the broader market0.0010.0020.0030.000.11
FTS
Sharpe ratio
The chart of Sharpe ratio for FTS, currently valued at -0.42, compared to the broader market-2.00-1.000.001.002.003.004.00-0.42
Sortino ratio
The chart of Sortino ratio for FTS, currently valued at -0.49, compared to the broader market-4.00-2.000.002.004.006.00-0.49
Omega ratio
The chart of Omega ratio for FTS, currently valued at 0.94, compared to the broader market0.501.001.500.94
Calmar ratio
The chart of Calmar ratio for FTS, currently valued at -0.30, compared to the broader market0.002.004.006.00-0.30
Martin ratio
The chart of Martin ratio for FTS, currently valued at -0.76, compared to the broader market0.0010.0020.0030.00-0.76

RNW.TO vs. FTS - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio-0.500.000.501.00NovemberDecember2024FebruaryMarchApril
0.04
-0.42
RNW.TO
FTS

Dividends

RNW.TO vs. FTS - Dividend Comparison

RNW.TO has not paid dividends to shareholders, while FTS's dividend yield for the trailing twelve months is around 4.36%.


TTM20232022202120202019201820172016201520142013
RNW.TO
TransAlta Renewables Inc.
3.14%5.65%8.36%5.01%4.32%6.06%8.31%6.76%6.14%7.88%6.71%2.70%
FTS
Fortis Inc
4.36%4.10%4.18%3.37%3.60%3.30%4.00%3.41%3.72%5.34%3.49%4.22%

Drawdowns

RNW.TO vs. FTS - Drawdown Comparison


-45.00%-40.00%-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%NovemberDecember2024FebruaryMarchApril
-42.99%
-18.05%
RNW.TO
FTS

Volatility

RNW.TO vs. FTS - Volatility Comparison

The current volatility for TransAlta Renewables Inc. (RNW.TO) is 0.00%, while Fortis Inc (FTS) has a volatility of 4.43%. This indicates that RNW.TO experiences smaller price fluctuations and is considered to be less risky than FTS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%NovemberDecember2024FebruaryMarchApril0
4.43%
RNW.TO
FTS

Financials

RNW.TO vs. FTS - Financials Comparison

This section allows you to compare key financial metrics between TransAlta Renewables Inc. and Fortis Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Please note, different currencies. RNW.TO values in CAD, FTS values in USD