TD Canadian Competition

TDB909 Fund

10.69 0.04 0.37%

TD Canadian Bond competes with RBC Select, RBC Portefeuille, Edgepoint Global, TD Comfort, and RBC Global; as well as few others. Analyzing TD Canadian competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of TD Canadian to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of TD Canadian competition on your existing holdings.

Specify up to 10 symbols:

TD Canadian Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between TD Canadian and its competitors represents the degree of relationship between the price movements of corresponding funds. A correlation of about +1.0 implies that the price of TDB909 and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of TD Canadian Bond does not affect the price movement of the other competitor.

	0P0000706A	0P00007069	0P0000IUYO	0P0001FAU8	0P00012UCU	0P00007149
0P0000706A		1.0	0.93	0.88	0.94	0.18	0P0000706A
0P00007069	1.0		0.92	0.86	0.94	0.16	0P00007069
0P0000IUYO	0.93	0.92		0.9	0.87	0.2	0P0000IUYO
0P0001FAU8	0.88	0.86	0.9		0.83	0.26	0P0001FAU8
0P00012UCU	0.94	0.94	0.87	0.83		-0.08	0P00012UCU
0P00007149	0.18	0.16	0.2	0.26	-0.08		0P00007149
	0P0000706A	0P00007069	0P0000IUYO	0P0001FAU8	0P00012UCU	0P00007149

Click cells to compare fundamentals

Check Volatility

Backtest Portfolio

High positive correlations

0P00007069	+ 1.0	0P0000706A
0P00012UCU	+ 0.94	0P0000706A
0P00012UCU	+ 0.94	0P00007069
0P0000IUYO	+ 0.93	0P0000706A
0P0000IUYO	+ 0.92	0P00007069
0P0001FAU8	+ 0.9	0P0000IUYO

High negative correlations

0P00007149

- 0.08

0P00012UCU

Risk-Adjusted Indicators

There is a big difference between TDB909 Fund performing well and TD Canadian Fund 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 TD Canadian'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
0P0000706A	0.27	0.06	(0.09)	0.48	0.03	(0.32)	0.69	(0.52)	1.58
0P00007069	0.33	0.06	(0.05)	0.45	0.19	(0.37)	0.83	(0.59)	1.99
0P0000IUYO	0.52	0.05	(0.04)	0.24	0.47	(0.60)	1.19	(0.99)	2.60
0P0001FAU8	0.24	0.03	(0.18)	0.24	0.00	(0.28)	0.61	(0.40)	1.24
0P00012UCU	0.56	0.14	0.07	1.42	0.37	(0.63)	1.21	(0.93)	3.15
0P00007149	0.47	(0.01)	(0.14)	0.07	0.57	(0.52)	0.94	(0.98)	3.27

Unable to evaluate fundamental data of TD Canadian Bond at this time. Please try again later

All Fundamental Data

TD Canadian Competitive Analysis

The better you understand TD Canadian competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, TD Canadian's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across TD Canadian's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	TDB909	0P0000706A	0P00007069	0P0000IUYO	0P0001FAU8	0P00012UCU	0P00007149
	0.37 10.69 TDB909	0.28 35.47 RBC	0.31 41.76 RBC	0.54 39.38 Edgepoint	0.30 13.23 0P0001FAU8	0.56 28.16 RBC	0.37 80.60 Mawer
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady	Very steady
Market Performance (90 Days Performance)	Weak	Solid	Solid	Solid	Solid	Solid	OK
Odds of Financial Distress (Probability Of Bankruptcy)	Unknown	Low	Low	Low	Low	Low	Low
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Fairly Valued	Fairly Valued	Over Valued	Under Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available	Not Available
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Hold	Strong Hold	Strong Hold	Strong Sell	Strong Buy	Hold
Cash Position Weight		3.41 %	3.07 %	6.31 %	1.47 %	0.79 %	4.18 %
Equity Positions Weight		59.73 %	74.82 %	93.69 %	47.40 %	99.21 %	95.82 %
Three Year Return		2.41 %	2.40 %	(1.18) %	N/A	10.08 %	2.93 %
Net Asset		30.68 B	8.86 B	6.78 B	6.52 B	6.26 B	5.69 B
Minimum Initial Investment		500	500	20 K	100	500	5 K
Five Year Return		3.60 %	3.88 %	3.90 %	N/A	10.36 %	5.50 %
One Year Return		(1.59) %	(2.91) %	(18.06) %	N/A	10.97 %	(3.67) %
Bond Positions Weight		33.88 %	19.88 %	N/A	40.77 %	N/A	N/A
Ten Year Return		5.75 %	6.15 %	9.60 %	N/A	N/A	9.03 %
Day Typical Price	10.69	35.47	41.76	39.38	13.23	28.16	80.6
Daily Balance Of Power	(9,223,372,036,855)	9.2 T	9.2 T	9.2 T	9.2 T	(9,223,372,036,855)	9.2 T
Period Momentum Indicator	(0.04)	0.1	0.13	0.21	0.04	(0.16)	0.3
Rate Of Daily Change	1.0	1.0	1.0	1.01	1.0	0.99	1.0
Day Median Price	10.69	35.47	41.76	39.38	13.23	28.16	80.6
Price Action Indicator	(0.02)	0.05	0.065	0.11	0.02	(0.08)	0.15
Relative Strength Index	38.13	53.34	53.65	47.82	48.29	59.17	35.91
Coefficient Of Variation	1168.45	435.61	468.53	711.77	474.71	445.92	2274.13
Mean Deviation	0.2501	0.2725	0.3292	0.5241	0.2378	0.5595	0.4742
Jensen Alpha	0.0092	0.0557	0.0631	0.0457	0.0295	0.1374	(0.01)
Total Risk Alpha	(0.03)	0.0232	0.0237	(0.01)	0.0123	0.0527	(0.07)
Sortino Ratio	(0.22)	(0.09)	(0.05)	(0.04)	(0.18)	0.0708	(0.14)
Downside Variance	0.1488	0.1185	0.1953	0.3901	0.0779	0.4023	0.3704
Standard Deviation	0.3411	0.3524	0.4319	0.6495	0.2962	0.7057	0.6032
Kurtosis	0.8182	0.0452	0.4191	(0.36)	(0.48)	0.0769	0.342
Potential Upside	0.6648	0.6926	0.8286	1.19	0.6102	1.21	0.938
Treynor Ratio	0.1989	0.4804	0.4454	0.2364	0.236	1.42	0.0654
Maximum Drawdown	1.33	1.58	1.99	2.6	1.24	3.15	3.27
Variance	0.1163	0.1242	0.1865	0.4219	0.0877	0.4981	0.3639
Market Risk Adjusted Performance	0.2089	0.4904	0.4554	0.2464	0.246	1.43	0.0754
Risk Adjusted Performance	0.0529	0.1635	0.1552	0.1055	0.145	0.1703	0.0309
Skewness	0.4756	(0.08)	(0.13)	(0.11)	0.1535	0.1576	(0.21)
Semi Deviation	0.2295	0.0291	0.1941	0.4676	0.0	0.3729	0.5663
Information Ratio	(0.25)	(0.09)	(0.05)	(0.03)	(0.17)	0.0637	(0.14)
Value At Risk	(0.47)	(0.52)	(0.59)	(0.99)	(0.40)	(0.93)	(0.98)
Expected Short fall	(0.31)	(0.32)	(0.37)	(0.60)	(0.28)	(0.63)	(0.52)
Downside Deviation	0.3858	0.3442	0.442	0.6246	0.2791	0.6343	0.6086
Semi Variance	0.0527	8.0E-4	0.0377	0.2187	(0.00006)	0.1391	0.3207

TD Canadian Competition Performance Charts

Five steps to successful analysis of TD Canadian Competition

TD Canadian's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by TD Canadian Bond in relation to its competition. TD Canadian's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of TD Canadian in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact TD Canadian's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to TD Canadian Bond, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your TD Canadian position

In addition to having TD Canadian in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Retail Thematic Idea Now

Retail

Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Retail theme has 61 constituents at this time.

You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Retail Theme or any other thematic opportunities.

View All Next

Launch

	Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
	Share Portfolio Track or share privately all of your investments from the convenience of any device
	My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
	Insider Screener Find insiders across different sectors to evaluate their impact on performance

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC