Toronto-Dominion (Germany) Market Value
| TDB Stock | EUR 53.28 0.17 0.32% |
| Symbol | Toronto-Dominion |
Toronto-Dominion 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Toronto-Dominion's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Toronto-Dominion.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Toronto-Dominion on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding The Toronto Dominion Bank or generate 0.0% return on investment in Toronto-Dominion over 90 days. Toronto-Dominion is related to or competes with AUTO TRADER, National Retail, SENECA FOODS-A, United Natural, COFCO Joycome, CANON MARKETING, and Tradegate. The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and... More
Toronto-Dominion Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Toronto-Dominion's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess The Toronto Dominion Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | 0.2116 | |||
| Maximum Drawdown | 6.89 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 2.19 |
Toronto-Dominion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Toronto-Dominion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Toronto-Dominion's standard deviation. In reality, there are many statistical measures that can use Toronto-Dominion historical prices to predict the future Toronto-Dominion's volatility.| Risk Adjusted Performance | 0.1153 | |||
| Total Risk Alpha | 0.2963 | |||
| Sortino Ratio | 0.2338 |
Toronto Dominion Backtested Returns
At this point, Toronto-Dominion is very steady. Toronto Dominion owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-five technical indicators for The Toronto Dominion Bank, which you can use to evaluate the volatility of the company. Please validate Toronto-Dominion's Downside Deviation of 1.09, standard deviation of 1.2, and Risk Adjusted Performance of 0.1153 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Toronto-Dominion has a performance score of 9 on a scale of 0 to 100. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Toronto-Dominion are completely uncorrelated. Toronto Dominion right now has a risk of 1.17%. Please validate Toronto-Dominion coefficient of variation, total risk alpha, maximum drawdown, as well as the relationship between the standard deviation and sortino ratio , to decide if Toronto-Dominion will be following its existing price patterns.
Auto-correlation | -0.13 |
Insignificant reverse predictability
The Toronto Dominion Bank has insignificant reverse predictability. Overlapping area represents the amount of predictability between Toronto-Dominion time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Toronto Dominion price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Toronto-Dominion price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 2.01 |
Toronto Dominion lagged returns against current returns
Autocorrelation, which is Toronto-Dominion stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Toronto-Dominion's stock expected returns. We can calculate the autocorrelation of Toronto-Dominion returns to help us make a trade decision. For example, suppose you find that Toronto-Dominion has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Toronto-Dominion regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Toronto-Dominion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Toronto-Dominion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Toronto-Dominion stock over time.
Current vs Lagged Prices |
| Timeline |
Toronto-Dominion Lagged Returns
When evaluating Toronto-Dominion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Toronto-Dominion stock have on its future price. Toronto-Dominion autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Toronto-Dominion autocorrelation shows the relationship between Toronto-Dominion stock current value and its past values and can show if there is a momentum factor associated with investing in The Toronto Dominion Bank.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Toronto-Dominion Stock
Toronto-Dominion financial ratios help investors to determine whether Toronto-Dominion Stock 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 Toronto-Dominion with respect to the benefits of owning Toronto-Dominion security.