Toronto Dominion Bank Stock Alpha and Beta Analysis
| TD Stock | USD 56.39 0.51 0.91% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Toronto Dominion Bank. It also helps investors analyze the systematic and unsystematic risks associated with investing in Toronto Dominion over a specified time horizon. Remember, high Toronto Dominion's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Toronto Dominion's market risk premium analysis include:
Beta 0.47 | Alpha (0.13) | Risk 1.2 | Sharpe Ratio (0.06) | Expected Return (0.07) |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Toronto |
Toronto Dominion Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Toronto Dominion market risk premium is the additional return an investor will receive from holding Toronto Dominion long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Toronto Dominion. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Toronto Dominion's performance over market.| α | -0.13 | β | 0.47 |
Toronto Dominion expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Toronto Dominion's Buy-and-hold return. Our buy-and-hold chart shows how Toronto Dominion performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Toronto Dominion Market Price Analysis
Market price analysis indicators help investors to evaluate how Toronto Dominion stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Toronto Dominion shares will generate the highest return on investment. By understating and applying Toronto Dominion stock market price indicators, traders can identify Toronto Dominion position entry and exit signals to maximize returns.
Toronto Dominion Return and Market Media
The median price of Toronto Dominion for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 58.46 with a coefficient of variation of 4.9. The daily time series for the period is distributed with a sample standard deviation of 2.88, arithmetic mean of 58.76, and mean deviation of 2.59. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Toronto Dominion dividend paid on 31st of October 2024 | 10/31/2024 |
1 | The Gross Law Firm Reminds The Toronto-Dominion Bank Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of December 23, 2024 - TD | 11/11/2024 |
2 | FY2027 EPS Estimates for Ur-Energy Cut by Ventum Cap Mkts | 11/13/2024 |
3 | Shareholders That Lost Money on The Toronto-Dominion Bank Urged to Join Class Action - Contact Levi Korsinsky to Learn More | 11/19/2024 |
4 | The Toronto-Dominion Bank Shareholders with Large Losses Should Contact Shareholder Rights ... | 11/20/2024 |
5 | SHAREHOLDER ACTION REMINDER Faruqi Faruqi, LLP Investigates Claims on Behalf of Investors of The Toronto-Dominion Bank | 11/21/2024 |
6 | Vertiv Stock Price Down 1.2 percent Should You Sell | 11/22/2024 |
7 | SHAREHOLDER ALERT Pomerantz Law Firm Announces the Filing of a Class Action Against The Toronto-Dominion Bank - TD | 11/25/2024 |
About Toronto Dominion Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Toronto or other stocks. Alpha measures the amount that position in Toronto Dominion Bank has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0422 | 0.0413 | 0.0371 | 0.0255 | Price To Sales Ratio | 3.45 | 2.67 | 2.4 | 2.46 |
Toronto Dominion Upcoming Company Events
As portrayed in its financial statements, the presentation of Toronto Dominion's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Toronto Dominion's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Toronto Dominion's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Toronto Dominion. Please utilize our Beneish M Score to check the likelihood of Toronto Dominion's management manipulating its earnings.
| 7th of March 2024 Upcoming Quarterly Report | View | |
| 23rd of May 2024 Next Financial Report | View | |
| 31st of January 2024 Next Fiscal Quarter End | View | |
| 5th of December 2024 Next Fiscal Year End | View | |
| 31st of October 2023 Last Quarter Report | View | |
| 31st of October 2023 Last Financial Announcement | View |
Build Portfolio with Toronto Dominion
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Toronto Dominion Backtesting, Toronto Dominion Valuation, Toronto Dominion Correlation, Toronto Dominion Hype Analysis, Toronto Dominion Volatility, Toronto Dominion History and analyze Toronto Dominion Performance. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Toronto Dominion technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.