Toronto Dominion Bank Stock Technical Analysis
| TD Stock | CAD 79.23 0.16 0.20% |
As of the 1st of December, Toronto Dominion has the Semi Deviation of 1.37, coefficient of variation of 14852.82, and Risk Adjusted Performance of 0.0085. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Toronto Dominion Bank, as well as the relationship between them.
Toronto Dominion Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Toronto, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TorontoToronto |
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.
Toronto Dominion Bank Technical Analysis
The output start index for this execution was ten with a total number of output elements of fifty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Toronto Dominion Bank volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Toronto Dominion Bank Trend Analysis
Use this graph to draw trend lines for Toronto Dominion Bank. You can use it to identify possible trend reversals for Toronto Dominion as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Toronto Dominion price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Toronto Dominion Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Toronto Dominion Bank applied against its price change over selected period. The best fit line has a slop of 0.13 , which may suggest that Toronto Dominion Bank market price will keep on failing further. It has 122 observation points and a regression sum of squares at 629.89, which is the sum of squared deviations for the predicted Toronto Dominion price change compared to its average price change.About Toronto Dominion Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Toronto Dominion Bank on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Toronto Dominion Bank based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Toronto Dominion Bank price pattern first instead of the macroeconomic environment surrounding Toronto Dominion Bank. By analyzing Toronto Dominion's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Toronto Dominion's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Toronto Dominion specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 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 December 1, 2024 Technical Indicators
Most technical analysis of Toronto help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Toronto from various momentum indicators to cycle indicators. When you analyze Toronto charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.0085 | |||
| Market Risk Adjusted Performance | (0) | |||
| Mean Deviation | 0.7613 | |||
| Semi Deviation | 1.37 | |||
| Downside Deviation | 1.4 | |||
| Coefficient Of Variation | 14852.82 | |||
| Standard Deviation | 1.15 | |||
| Variance | 1.32 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.01) | |||
| Maximum Drawdown | 7.45 | |||
| Value At Risk | (1.20) | |||
| Potential Upside | 1.82 | |||
| Downside Variance | 1.96 | |||
| Semi Variance | 1.88 | |||
| Expected Short fall | (0.71) | |||
| Skewness | (1.61) | |||
| Kurtosis | 6.72 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.