Talen Energy Correlations
| TLN Stock | 431.04 0.61 0.14% |
The current 90-days correlation between Talen Energy and The Hanover Insurance is 0.03 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Talen Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Talen Energy moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Talen Energy Correlation With Market
Significant diversification
The correlation between Talen Energy and DJI is 0.08 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Talen Energy and DJI in the same portfolio, assuming nothing else is changed.
Talen |
The ability to find closely correlated positions to Talen Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Talen Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Talen Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Talen Energy to buy it.
Moving together with Talen OTC Stock
| 0.76 | SOJE | Southern Company | PairCorr |
| 0.8 | SOJC | Southern | PairCorr |
| 0.83 | CMSA | CMS Energy Corp | PairCorr |
| 0.78 | DTW | DTE Energy | PairCorr |
| 0.63 | CNL | Collective Mining | PairCorr |
| 0.71 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.8 | PTAIY | Astra International Tbk | PairCorr |
| 0.61 | AA | Alcoa Corp | PairCorr |
| 0.77 | WMT | Walmart | PairCorr |
| 0.87 | GE | GE Aerospace | PairCorr |
| 0.74 | HD | Home Depot | PairCorr |
| 0.61 | HPQ | HP Inc | PairCorr |
| 0.76 | CAT | Caterpillar | PairCorr |
Moving against Talen OTC Stock
| 0.73 | PBCRY | Bank Central Asia | PairCorr |
| 0.62 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.59 | PPERF | Bank Mandiri Persero | PairCorr |
| 0.56 | BKRKF | PT Bank Rakyat | PairCorr |
| 0.41 | PTAIF | PT Astra International | PairCorr |
| 0.78 | DIS | Walt Disney Sell-off Trend | PairCorr |
| 0.7 | KO | Coca Cola | PairCorr |
| 0.43 | BA | Boeing | PairCorr |
Related Correlations Analysis
Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Talen OTC Stock performing well and Talen Energy OTC Stock doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Talen Energy's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| THG | 0.92 | 0.14 | 0.12 | 0.23 | 0.90 | 2.20 | 6.16 | |||
| HRTG | 2.72 | 0.12 | 0.03 | 0.15 | 3.95 | 6.80 | 21.47 | |||
| SIGI | 1.41 | (0.10) | (0.02) | 0.00 | 3.50 | 2.30 | 19.66 | |||
| SBIGY | 0.08 | 0.02 | 0.00 | 0.14 | 0.00 | 0.00 | 2.72 | |||
| MSADY | 1.11 | 0.02 | (0.01) | 0.09 | 1.24 | 2.91 | 6.75 | |||
| TSRYF | 0.51 | (0.19) | 0.00 | 1.47 | 0.00 | 0.00 | 8.21 | |||
| FIHL | 1.33 | 0.19 | 0.11 | 0.28 | 1.38 | 3.30 | 8.23 | |||
| RGA | 1.13 | (0.06) | (0.02) | 0.03 | 1.78 | 1.98 | 9.93 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Talen Energy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Talen Energy Corporate Management
Elected by the shareholders, the Talen Energy's board of directors comprises two types of representatives: Talen Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Talen. The board's role is to monitor Talen Energy's management team and ensure that shareholders' interests are well served. Talen Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Talen Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Rajat Prakash | Vice Relations | Profile | |
| Brad Berryman | Senior Officer | Profile | |
| Tim Woodland | Senior Technology | Profile | |
| Dale Lebsack | Chief Officer | Profile | |
| Christopher Morice | Chief Officer | Profile |