TD Canadian Three Year Return vs. One Year Return
Considering TD Canadian's profitability and operating efficiency indicators, TD Canadian Aggregate may not be well positioned to generate adequate gross income at the present time. It has a very high likelihood of underperforming in January. Profitability indicators assess TD Canadian's ability to earn profits and add value for shareholders.
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Please note, there is a significant difference between TD Canadian's value and its price as these two are different measures arrived at by different means. Investors typically determine if TD Canadian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TD Canadian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
For TD Canadian profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TD Canadian to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TD Canadian Aggregate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TD Canadian's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TD Canadian Aggregate over time as well as its relative position and ranking within its peers.
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TD Canadian Aggregate One Year Return vs. Three Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TD Canadian's current stock value. Our valuation model uses many indicators to compare TD Canadian value to that of its competitors to determine the firm's financial worth. TD Canadian Aggregate is presently regarded as number one ETF in three year return as compared to similar ETFs. It also is presently regarded as number one ETF in one year return as compared to similar ETFs . Comparative valuation analysis is a catch-all model that can be used if you cannot value TD Canadian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TD Canadian's Etf. 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.TDB One Year Return vs. Three Year Return
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
TD Canadian |
| = | (0.10) % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
TD Canadian |
| = | 6.60 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
TDB One Year Return Comparison
TD Canadian is currently under evaluation in one year return as compared to similar ETFs.
TD Canadian Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TD Canadian, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TD Canadian will eventually generate negative long term returns. The profitability progress is the general direction of TD Canadian's change in net profit over the period of time. It can combine multiple indicators of TD Canadian, 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 ETF seeks to track, to the extent reasonably possible and before the deduction of fees and expenses, the performance of a Canadian aggregate bond index that measures the investment return of Canadian dollar-denominated investment grade publicly issued debt, including securities issued by governments and corporate issuers. TD CDN is traded on Toronto Stock Exchange in Canada.
TDB Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TD Canadian. 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 Canadian 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 Canadian's important profitability drivers and their relationship over time.
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Our tools can tell you how much better you can do entering a position in TD Canadian without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your TD Canadian position
In addition to having TD Canadian 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?
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World Allocation Funds
Funds or Etfs investing in stocks, bonds, and cash of domestic markets as well as in markets of Canada, Japan, and Europe. The World Allocation Funds theme has 44 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 World Allocation Funds Theme or any other thematic opportunities.
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Other Information on Investing in TDB Etf
To fully project TD Canadian's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TD Canadian Aggregate 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 Canadian's income statement, its balance sheet, and the statement of cash flows.