TD Index Five Year Return vs. Net Asset
| 0P000071W8 | CAD 149.61 1.00 0.66% |
For TD Index profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TD Index to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TD Index Fund utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TD Index's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TD Index Fund over time as well as its relative position and ranking within its peers.
0P000071W8 |
TD Index Fund Net Asset vs. Five Year Return Fundamental Analysis
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. TD Index Fund is rated below average in five year return among similar funds. It is rated below average in net asset among similar funds making up about 143,100,511 of Net Asset per Five 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.0P000071W8 Net Asset vs. Five Year Return
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
TD Index |
| = | 11.74 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
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.
TD Index |
| = | 1.68 B |
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.
0P000071W8 Net Asset Comparison
TD Index is rated below average in net asset among similar funds.
TD Index Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TD Index, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TD Index will eventually generate negative long term returns. The profitability progress is the general direction of TD Index's change in net profit over the period of time. It can combine multiple indicators of TD Index, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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.
0P000071W8 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TD Index. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of TD Index position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the TD Index's important profitability drivers and their relationship over time.
Use TD Index in pair-trading
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.TD Index Pair Trading
TD Index Fund Pair Trading Analysis
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.Use Investing Themes to Complement your TD Index position
In addition to having TD Index in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Baby Boomer Prospects Thematic Idea Now
Baby Boomer Prospects
Equities with large market capitalization that account for significant contribution to overall economic growth especially within dividend-paying instruments and stocks from healthcare and financial sectors. The Baby Boomer Prospects theme has 99 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Baby Boomer Prospects Theme or any other thematic opportunities.
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Other Information on Investing in 0P000071W8 Fund
To fully project TD Index's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TD Index Fund at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include TD Index's income statement, its balance sheet, and the statement of cash flows.
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