TD Canadian Financials
| TDB Etf | CAD 13.23 0.14 1.07% |
3 y Sharp Ratio (0.47) |
TDB |
The data published in TD Canadian's official financial statements typically reflect TD Canadian's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving TD Canadian's quantitative information. For example, before you start analyzing numbers published by TDB accountants, it's essential to understand TD Canadian's liquidity, profitability, and earnings quality within the context of the Oil, Gas & Consumable Fuels space in which it operates.
TD Canadian Etf Summary
TD Canadian competes with BetaPro Gold, BetaPro SP, BetaPro SPTSX, Global X, and Global X. The ETF seeks to track, to the extent reasonably possible and before the deduction of fees and expenses, the performance of a Canadian aggregate bond index that measures the investment return of Canadian dollar-denominated investment grade publicly issued debt, including securities issued by governments and corporate issuers. TD CDN is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA87818P1036 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Oil, Gas & Consumable Fuels |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 1 800 588 8054 |
| Currency | CAD - Canadian Dollar |
You should never invest in TD Canadian without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of TDB Etf, because this is throwing your money away. Analyzing the key information contained in TD Canadian's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
TD Canadian Key Financial Ratios
TD Canadian's financial ratios allow both analysts and investors to convert raw data from TD Canadian's financial statements into concise, actionable information that can be used to evaluate the performance of TD Canadian over time and compare it to other companies across industries.TDB Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TD Canadian's current stock value. Our valuation model uses many indicators to compare TD Canadian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TD Canadian competition to find correlations between indicators driving TD Canadian's intrinsic value. More Info.TD Canadian Aggregate is presently regarded as number one ETF in beta as compared to similar ETFs. It also is presently regarded as number one ETF in annual yield as compared to similar ETFs fabricating about 0.04 of Annual Yield per Beta. The ratio of Beta to Annual Yield for TD Canadian Aggregate is roughly 24.23 . Comparative valuation analysis is a catch-all model that can be used if you cannot value TD Canadian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TD Canadian's Etf. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.TD Canadian Aggregate Systematic Risk
TD Canadian's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TD Canadian volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on TD Canadian Aggregate correlated with the market. If Beta is less than 0 TD Canadian generally moves in the opposite direction as compared to the market. If TD Canadian Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TD Canadian Aggregate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TD Canadian is generally in the same direction as the market. If Beta > 1 TD Canadian moves generally in the same direction as, but more than the movement of the benchmark.
TD Canadian November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of TD Canadian help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TD Canadian Aggregate. We use our internally-developed statistical techniques to arrive at the intrinsic value of TD Canadian Aggregate based on widely used predictive technical indicators. In general, we focus on analyzing TDB Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TD Canadian's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.3916 | |||
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 1.08 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.5389 |
Other Information on Investing in TDB Etf
TD Canadian financial ratios help investors to determine whether TDB Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TDB with respect to the benefits of owning TD Canadian security.