TD Index Financial Statements From 2010 to 2025
| 0P000071W8 | CAD 142.86 0.37 0.26% |
Check TD Index financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TD Index's main balance sheet or income statement drivers, such as , as well as many indicators such as . 0P000071W8 financial statements analysis is a perfect complement when working with TD Index Valuation or Volatility modules.
0P000071W8 |
TD Index Fund Fund Net Asset Analysis
TD Index's 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.
Current TD Index Net Asset | 1.68 B |
Most of TD Index's fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TD Index Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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.
| Competition |
Based on the recorded statements, TD Index Fund has a Net Asset of 1.68 B. This is much higher than that of the TD Asset Management Inc family and significantly higher than that of the US Equity category. The net asset for all Canada funds is notably lower than that of the firm.
TD Index Fund Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TD Index's current stock value. Our valuation model uses many indicators to compare TD Index value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TD Index competition to find correlations between indicators driving TD Index's intrinsic value. More Info.TD Index Fund is rated below average in one year return among similar funds. It also is rated below average in three year return among similar funds reporting about 1.84 of Three Year Return per One Year Return. Comparative valuation analysis is a catch-all model that can be used if you cannot value TD Index by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TD Index's Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About TD Index Financial Statements
TD Index stakeholders use historical fundamental indicators, such as TD Index's revenue or net income, to determine how well the company is positioned to perform in the future. Although TD Index investors may analyze each financial statement separately, they are all interrelated. For example, changes in TD Index's assets and liabilities are reflected in the revenues and expenses on TD Index's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in TD Index Fund. Please read more on our technical analysis and fundamental analysis pages.
The fundamental investment objective is to provide long-term growth of capital by primarily purchasing U.S. equity securities to track the performance of the SP 500 Total Return Index . TD U is traded on Toronto Stock Exchange in Canada.
Pair Trading with TD Index
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 Index 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 Index will appreciate offsetting losses from the drop in the long position's value.Moving together with 0P000071W8 Fund
| 0.65 | 0P0000OXA6 | PHN Multi Style | PairCorr |
| 0.75 | 0P000077P2 | RBC Dividend | PairCorr |
The ability to find closely correlated positions to TD Index 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 Index 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 Index - 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 Index Fund to buy it.
The correlation of TD Index 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 Index moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TD Index Fund 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 Index 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.Other Information on Investing in 0P000071W8 Fund
TD Index financial ratios help investors to determine whether 0P000071W8 Fund 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 0P000071W8 with respect to the benefits of owning TD Index security.
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