TD Comfort Equity Positions Weight vs. Net Asset
| 0P0001FAU8 | CAD 13.32 0.06 0.45% |
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.
0P0001FAU8 |
TD Comfort Balanced Net Asset 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 fourth largest fund in equity positions weight among similar funds. It is third largest fund in net asset among similar funds making up about 137,552,743 of Net Asset per Equity Positions Weight. 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 Net Asset 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 |
| = | 47.40 % |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
TD Comfort |
| = | 6.52 B |
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
0P0001FAU8 Net Asset Comparison
TD Comfort is second largest fund in net asset 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.
| Equity Positions Weight vs Minimum Initial Investment | ||
| Cash Position Weight vs Net Asset | ||
| Equity Positions Weight vs Bond Positions Weight |
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.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 Information Technology ETFs Thematic Idea Now
Information Technology ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Information Technology ETFs theme has 50 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 Information Technology ETFs 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.
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