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Trustpower Limited engages in the development, ownership, and operation of electricity generation facilities in New Zealand. It operates through Generation and Retail segments...

Stats
Today's Volume	115 063
Average Volume	79 893.00
Market Cap	0.00
Last Dividend	NZD0 ( N/A )
Next Dividend	NZD0 ( N/A )
P/E	19.49
ATR14	NZD0 (0.00%)

Trustpower Limited Correlation

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Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

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Trustpower Limited

Trustpower Limited engages in the development, ownership, and operation of electricity generation facilities in New Zealand. It operates through Generation and Retail segments. The company is also involved in the retail sale of electricity and gas; and the provision of telecommunications services, which include wireless broadband and mobile services to homes and businesses. As of June 22, 2021, it had approximately 265,000 electricity customer connections, 44,000 gas customer connections, and 112,000 telecommunications customer connections, as well as a total installed capacity of 487 megawatts. The company was founded in 1915 and is based in Tauranga, New Zealand. Trustpower Limited is a subsidiary of Infratil Limited.