Td Canadian Index Fund Manager Performance Evaluation
| TDB900 Fund | 42.11 0.10 0.24% |
The entity owns a Beta (Systematic Risk) of -0.0657, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TD Canadian are expected to decrease at a much lower rate. During the bear market, TD Canadian is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
Weak | Strong |
Weak
Over the last 90 days TD Canadian Index has generated negative risk-adjusted returns adding no value to fund investors. Despite somewhat strong fundamental drivers, TD Canadian is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreTDB900 |
TD Canadian Relative Risk vs. Return Landscape
If you would invest 4,199 in TD Canadian Index on October 11, 2024 and sell it today you would earn a total of 12.00 from holding TD Canadian Index or generate 0.29% return on investment over 90 days. TD Canadian Index is generating 0.0069% of daily returns and assumes 0.6662% volatility on return distribution over the 90 days horizon. Simply put, 5% of funds are less volatile than TDB900, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TD Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TD Canadian's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as TD Canadian Index, and traders can use it to determine the average amount a TD Canadian's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0104
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TDB900 |
Estimated Market Risk
| 0.67 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TD Canadian is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TD Canadian by adding TD Canadian to a well-diversified portfolio.
About TD Canadian Performance
By analyzing TD Canadian's fundamental ratios, stakeholders can gain valuable insights into TD Canadian's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if TD Canadian has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if TD Canadian has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
TD Canadian is entity of Canada. It is traded as Fund on TO exchange.Things to note about TD Canadian Index performance evaluation
Checking the ongoing alerts about TD Canadian for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for TD Canadian Index help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Latest headline from news.google.com: Canadian ETFs 20 new funds enter marketplace, many focused on income - The Globe and Mail |
- Analyzing TD Canadian's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether TD Canadian's stock is overvalued or undervalued compared to its peers.
- Examining TD Canadian's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating TD Canadian's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TD Canadian's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of TD Canadian's fund. These opinions can provide insight into TD Canadian's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in TDB900 Fund
TD Canadian financial ratios help investors to determine whether TDB900 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 TDB900 with respect to the benefits of owning TD Canadian security.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |