Td Canadian Equity Etf Performance
| TTP Etf | CAD 29.38 0.12 0.41% |
The entity owns a Beta (Systematic Risk) of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TD Canadian's returns are expected to increase less than the market. However, during the bear market, the loss of holding TD Canadian is expected to be smaller as well.
Risk-Adjusted Performance
28 of 100
Weak | Strong |
Strong
Compared to the overall equity markets, risk-adjusted returns on investments in TD Canadian Equity are ranked lower than 28 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating basic indicators, TD Canadian may actually be approaching a critical reversion point that can send shares even higher in January 2025. ...more
1 | Got 500 to Invest in Stocks Put it Into This ETF - MSN | 09/25/2024 |
| In Threey Sharp Ratio | 0.39 |
TTP |
TD Canadian Relative Risk vs. Return Landscape
If you would invest 2,620 in TD Canadian Equity on September 3, 2024 and sell it today you would earn a total of 318.00 from holding TD Canadian Equity or generate 12.14% return on investment over 90 days. TD Canadian Equity is generating 0.1804% of daily returns assuming 0.5008% volatility of returns over the 90 days investment horizon. Simply put, 4% of all etfs have less volatile historical return distribution than TD Canadian, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TD Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TD Canadian's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as TD Canadian Equity, and traders can use it to determine the average amount a TD Canadian's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.3602
| Best Portfolio | Best Equity | |||
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| Small Returns | TTP | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.5 actual daily | 4 96% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.36 actual daily | 28 72% of assets perform better |
Based on monthly moving average TD Canadian is performing at about 28% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TD Canadian by adding it to a well-diversified portfolio.
TD Canadian Fundamentals Growth
TTP Etf prices reflect investors' perceptions of the future prospects and financial health of TD Canadian, and TD Canadian fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on TTP Etf performance.
| Price To Earning | 16.39 X | |||
| Total Asset | 798.78 M | |||
About TD Canadian Performance
By examining TD Canadian's fundamental ratios, stakeholders can obtain critical insights into TD Canadian's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that TD Canadian is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
TD Canadian Equity Index ETF seeks to track, to the extent reasonably possible and before the deduction of fees and expenses, the performance of a broad Canadian equity market index that measures the investment return of publicly traded securities in the Canadian market. TD CANADIAN is traded on Toronto Stock Exchange in Canada.Other Information on Investing in TTP Etf
TD Canadian financial ratios help investors to determine whether TTP 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 TTP with respect to the benefits of owning TD Canadian security.