TA-PJ.TO vs. ELEC.PA
TA-PJ.TO (TransAlta Corporation) and ELEC.PA (Électricite de Strasbourg Société Anonyme) are both stocks. Both are in the Utilities sector — TA-PJ.TO in Utilities - Independent Power Producers, ELEC.PA in Utilities - Renewable. Over the past 10 years, TA-PJ.TO returned 13.04%/yr vs 13.10%/yr for ELEC.PA. Their 0.06 correlation means their historical movements had little consistent relationship.
Performance
TA-PJ.TO vs. ELEC.PA - Performance Comparison
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Different Trading Currencies
TA-PJ.TO is traded in CAD, while ELEC.PA is traded in EUR. To make them comparable, the ELEC.PA values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, TA-PJ.TO achieves a 6.20% return, which is significantly higher than ELEC.PA's -5.90% return. Both investments have delivered pretty close results over the past 10 years, with TA-PJ.TO having a 13.04% annualized return and ELEC.PA not far ahead at 13.10%.
TA-PJ.TO
- 1D
- 0.22%
- 1M
- 1.71%
- 6M
- 7.15%
- YTD
- 6.20%
- 1Y
- 13.13%
- 3Y*
- 18.01%
- 5Y*
- 8.92%
- 10Y*
- 13.04%
- ALL TIME*
- 7.63%
ELEC.PA
- 1D
- -16.88%
- 1M
- -22.37%
- 6M
- -19.66%
- YTD
- -5.90%
- 1Y
- 13.24%
- 3Y*
- 34.08%
- 5Y*
- 16.50%
- 10Y*
- 13.10%
- ALL TIME*
- 6.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$760.32K | CA$724.79K | CA$842.10K | |
TA-PJ.TO TransAlta Corporation | CA$132.12K | CA$105.78K | CA$105.16K |
TA-PJ.TO vs. ELEC.PA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TA-PJ.TO TransAlta Corporation | 6.20% | 17.44% | 28.47% | 2.13% | -9.51% | 33.30% | 13.81% | 7.17% | -13.49% | 21.06% |
ELEC.PA Électricite de Strasbourg Société Anonyme | -5.90% | 84.25% | 29.37% | 3.32% | -6.13% | -7.53% | 11.81% | 19.00% | -15.76% | 35.00% |
Correlation
The correlation between TA-PJ.TO and ELEC.PA is 0.14, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.05 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.07 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.08 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.06 |
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Return for Risk
TA-PJ.TO vs. ELEC.PA — Risk / Return Rank
TA-PJ.TO
ELEC.PA
TA-PJ.TO vs. ELEC.PA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TransAlta Corporation (TA-PJ.TO) and Électricite de Strasbourg Société Anonyme (ELEC.PA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TA-PJ.TO | ELEC.PA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.85 | ||
| Sortino ratioReturn per unit of downside risk | +2.84 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.15 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 7.75 | 0.66 | +7.09 |
| Martin ratioReturn relative to average drawdown | 20.49 | 2.98 | +17.51 |
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Drawdowns
TA-PJ.TO vs. ELEC.PA - Drawdown Comparison
The maximum TA-PJ.TO drawdown since its inception was -48.77%, which is greater than ELEC.PA's maximum drawdown of -43.39%. Use the drawdown chart below to compare losses from any high point for TA-PJ.TO and ELEC.PA.
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Drawdown Indicators
| TA-PJ.TO | ELEC.PA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.77% | -43.39% | -5.38% |
Max Drawdown (1Y)Largest decline over 1 year | -1.70% | -30.24% | +28.54% |
Max Drawdown (3Y)Largest decline over 3 years | -7.51% | -30.24% | +22.73% |
Max Drawdown (5Y)Largest decline over 5 years | -17.94% | -30.24% | +12.30% |
Max Drawdown (10Y)Largest decline over 10 years | -48.16% | -30.24% | -17.92% |
Current DrawdownCurrent decline from peak | 0.00% | -30.24% | +30.24% |
Average DrawdownAverage peak-to-trough decline | -10.87% | -14.85% | +3.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 6.77% | -6.13% |
Volatility
TA-PJ.TO vs. ELEC.PA - Volatility Comparison
The current volatility for TransAlta Corporation (TA-PJ.TO) is 1.01%, while Électricite de Strasbourg Société Anonyme (ELEC.PA) has a volatility of 19.22%. This indicates that TA-PJ.TO experiences smaller price fluctuations and is considered to be less risky than ELEC.PA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TA-PJ.TO | ELEC.PA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 19.22% | -18.21% |
Volatility (6M)Calculated over the trailing 6-month period | 3.84% | 26.01% | -22.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.31% | 31.15% | -25.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.69% | 22.82% | -12.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.72% | 21.79% | -6.07% |
Dividends
TA-PJ.TO vs. ELEC.PA - Dividend Comparison
TA-PJ.TO's dividend yield for the trailing twelve months is around 6.32%, less than ELEC.PA's 8.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ELEC.PA Électricite de Strasbourg Société Anonyme | 8.40% | 5.95% | 7.35% | 2.67% | 5.81% | 4.18% | 4.58% | 4.24% | 6.56% | 4.77% | 5.06% | 5.63% |
TA-PJ.TO TransAlta Corporation | 6.32% | 6.49% | 5.72% | 6.36% | 6.10% | 5.22% | 6.58% | 7.26% | 7.32% | 5.96% | 6.78% | 8.92% |
Financials
TA-PJ.TO vs. ELEC.PA - Financials Comparison
This section allows you to compare key financial metrics between TransAlta Corporation and Électricite de Strasbourg Société Anonyme. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
TA-PJ.TO and ELEC.PA have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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