Td Equity Cad Etf Probability of Future Etf Price Finishing Under 40.31
| THU Etf | CAD 40.66 0.36 0.89% |
THU |
TD Equity Target Price Odds to finish below 40.31
The tendency of THU Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to C$ 40.31 or more in 90 days |
| 40.66 | 90 days | 40.31 | about 90.44 |
Based on a normal probability distribution, the odds of TD Equity to drop to C$ 40.31 or more in 90 days from now is about 90.44 (This TD Equity CAD probability density function shows the probability of THU Etf to fall within a particular range of prices over 90 days) . Probability of TD Equity CAD price to stay between C$ 40.31 and its current price of C$40.66 at the end of the 90-day period is nearly 4.09 .
Assuming the 90 days trading horizon TD Equity has a beta of 0.56. This usually implies as returns on the market go up, TD Equity average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TD Equity CAD will be expected to be much smaller as well. Additionally TD Equity CAD has an alpha of 0.1087, implying that it can generate a 0.11 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TD Equity Price Density |
| Price |
Predictive Modules for TD Equity
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TD Equity CAD. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.TD Equity Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TD Equity is not an exception. The market had few large corrections towards the TD Equity's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold TD Equity CAD, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TD Equity within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.11 | |
β | Beta against Dow Jones | 0.56 | |
σ | Overall volatility | 1.17 | |
Ir | Information ratio | 0.09 |
TD Equity Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of TD Equity for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TD Equity CAD can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Bitcoin Eyes 100K as Donald Trumps Victory Sparks Pro-Crypto Momentum, ETF Demand Soars - TOKENPOST | |
| The fund maintains 98.95% of its assets in stocks |
TD Equity Technical Analysis
TD Equity's future price can be derived by breaking down and analyzing its technical indicators over time. THU Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TD Equity CAD. In general, you should focus on analyzing THU Etf price patterns and their correlations with different microeconomic environments and drivers.
TD Equity Predictive Forecast Models
TD Equity's time-series forecasting models is one of many TD Equity's etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary TD Equity's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about TD Equity CAD
Checking the ongoing alerts about TD Equity for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TD Equity CAD help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Latest headline from news.google.com: Bitcoin Eyes 100K as Donald Trumps Victory Sparks Pro-Crypto Momentum, ETF Demand Soars - TOKENPOST | |
| The fund maintains 98.95% of its assets in stocks |
Other Information on Investing in THU Etf
TD Equity financial ratios help investors to determine whether THU 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 THU with respect to the benefits of owning TD Equity security.