Td Index Fund Odds of Future Fund Price Finishing Under 152.1
| 0P000071W8 | CAD 152.33 1.72 1.14% |
0P000071W8 |
TD Index Target Price Odds to finish below 152.1
The tendency of 0P000071W8 Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to C$ 152.10 or more in 90 days |
| 152.33 | 90 days | 152.10 | about 90.5 |
Based on a normal probability distribution, the odds of TD Index to drop to C$ 152.10 or more in 90 days from now is about 90.5 (This TD Index Fund probability density function shows the probability of 0P000071W8 Fund to fall within a particular range of prices over 90 days) . Probability of TD Index Fund price to stay between C$ 152.10 and its current price of C$152.33 at the end of the 90-day period is near 1 .
Assuming the 90 days trading horizon TD Index Fund has a beta of -0.0218. This suggests as returns on the benchmark increase, returns on holding TD Index are expected to decrease at a much lower rate. During a bear market, however, TD Index Fund is likely to outperform the market. Additionally TD Index Fund has an alpha of 0.168, implying that it can generate a 0.17 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). TD Index Price Density |
| Price |
Predictive Modules for TD Index
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TD Index Fund. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.TD Index Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TD Index is not an exception. The market had few large corrections towards the TD Index's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold TD Index Fund, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TD Index within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.17 | |
β | Beta against Dow Jones | -0.02 | |
σ | Overall volatility | 5.62 | |
Ir | Information ratio | 0.16 |
TD Index Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of TD Index for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TD Index Fund can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund holds 99.57% of its total net assets in equities |
TD Index Technical Analysis
TD Index's future price can be derived by breaking down and analyzing its technical indicators over time. 0P000071W8 Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TD Index Fund. In general, you should focus on analyzing 0P000071W8 Fund price patterns and their correlations with different microeconomic environments and drivers.
TD Index Predictive Forecast Models
TD Index's time-series forecasting models is one of many TD Index's fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary TD Index's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the fund market movement and maximize returns from investment trading.
Things to note about TD Index Fund
Checking the ongoing alerts about TD Index for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TD Index Fund help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund holds 99.57% of its total net assets in equities |
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.
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |