TD Comfort Equity Positions Weight vs. Bond Positions Weight

0P0001FAU8  CAD 13.32  0.07  0.53%   
Based on TD Comfort's profitability indicators, TD Comfort Balanced may not be well positioned to generate adequate gross income at this time. It has a very high probability of underperforming in January. Profitability indicators assess TD Comfort's ability to earn profits and add value for shareholders.
For TD Comfort profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TD Comfort to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TD Comfort Balanced utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TD Comfort's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TD Comfort Balanced over time as well as its relative position and ranking within its peers.
  
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Please note, there is a significant difference between TD Comfort's value and its price as these two are different measures arrived at by different means. Investors typically determine if TD Comfort is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TD Comfort's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

TD Comfort Balanced Bond Positions Weight vs. Equity Positions Weight Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining TD Comfort's current stock value. Our valuation model uses many indicators to compare TD Comfort value to that of its competitors to determine the firm's financial worth.
TD Comfort Balanced is fifth largest fund in equity positions weight among similar funds. It is second largest fund in bond positions weight among similar funds creating about  0.86  of Bond Positions Weight per Equity Positions Weight. The ratio of Equity Positions Weight to Bond Positions Weight for TD Comfort Balanced is roughly  1.16 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TD Comfort's earnings, one of the primary drivers of an investment's value.

0P0001FAU8 Bond Positions Weight vs. Equity Positions Weight

Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.

TD Comfort

Stock Percentage

 = 

% of Equities

in the fund

 = 
47.40 %
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.

TD Comfort

Bond Percentage

 = 

% of Bonds

in the fund

 = 
40.77 %
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.

0P0001FAU8 Bond Positions Weight Comparison

TD Comfort is the top fund in bond positions weight among similar funds.

TD Comfort Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in TD Comfort, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TD Comfort will eventually generate negative long term returns. The profitability progress is the general direction of TD Comfort's change in net profit over the period of time. It can combine multiple indicators of TD Comfort, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The fundamental investment objective is to seek to generate interest andor dividend income while also providing the opportunity for moderate long-term capital growth. TD Comfort is traded on Toronto Stock Exchange in Canada.

0P0001FAU8 Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on TD Comfort. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of TD Comfort position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the TD Comfort's important profitability drivers and their relationship over time.

Use TD Comfort in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TD Comfort position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TD Comfort will appreciate offsetting losses from the drop in the long position's value.

TD Comfort Pair Trading

TD Comfort Balanced Pair Trading Analysis

The ability to find closely correlated positions to TD Comfort could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TD Comfort when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TD Comfort - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TD Comfort Balanced to buy it.
The correlation of TD Comfort is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TD Comfort moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TD Comfort Balanced moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TD Comfort can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your TD Comfort position

In addition to having TD Comfort 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 Small Growth Funds Thematic Idea Now

Small Growth Funds
Small Growth Funds Theme
Funds or Etfs that invest in stocks of small to mid-sized companies with above-average risk and growth rate that usually reinvest their earnings back into business. The Small Growth Funds theme has 42 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 Small Growth Funds Theme or any other thematic opportunities.
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Other Information on Investing in 0P0001FAU8 Fund

To fully project TD Comfort's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TD Comfort Balanced at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include TD Comfort's income statement, its balance sheet, and the statement of cash flows.
Potential TD Comfort investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although TD Comfort investors may work on each financial statement separately, they are all related. The changes in TD Comfort's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on TD Comfort's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
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