TD Comfort Financial Statements From 2010 to 2024
| 0P0001FAU8 | CAD 12.92 0.02 0.16% |
Check TD Comfort financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TD Comfort's main balance sheet or income statement drivers, such as , as well as many indicators such as . 0P0001FAU8 financial statements analysis is a perfect complement when working with TD Comfort Valuation or Volatility modules.
0P0001FAU8 |
TD Comfort Balanced Fund Bond Positions Weight Analysis
TD Comfort's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Current TD Comfort Bond Positions Weight | 40.77 % |
Most of TD Comfort's fundamental indicators, such as Bond Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TD Comfort Balanced is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
| Competition |
In accordance with the recently published financial statements, TD Comfort Balanced has a Bond Positions Weight of 40.77%. This is much higher than that of the TD Asset Management Inc family and significantly higher than that of the Global Neutral Balanced category. The bond positions weight for all Canada funds is notably lower than that of the firm.
TD Comfort Balanced Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TD Comfort's current stock value. Our valuation model uses many indicators to compare TD Comfort value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TD Comfort competition to find correlations between indicators driving TD Comfort's intrinsic value. More Info.TD Comfort Balanced is rated below average in net asset among similar funds. It is fifth largest fund in minimum initial investment among similar funds . The ratio of Net Asset to Minimum Initial Investment for TD Comfort Balanced is about 65,200,000 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TD Comfort's earnings, one of the primary drivers of an investment's value.About TD Comfort Financial Statements
TD Comfort stakeholders use historical fundamental indicators, such as TD Comfort's revenue or net income, to determine how well the company is positioned to perform in the future. Although TD Comfort investors may analyze each financial statement separately, they are all interrelated. For example, changes in TD Comfort's assets and liabilities are reflected in the revenues and expenses on TD Comfort's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in TD Comfort Balanced. Please read more on our technical analysis and fundamental analysis pages.
The fundamental investment objective is to seek to generate interest andor dividend income while also providing the opportunity for moderate long-term capital growth. TD Comfort is traded on Toronto Stock Exchange in Canada.
Pair Trading with TD Comfort
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 Comfort 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 Comfort will appreciate offsetting losses from the drop in the long position's value.Moving together with 0P0001FAU8 Fund
| 0.89 | 0P0000706A | RBC Select Balanced | PairCorr |
| 0.91 | 0P0000714D | Mawer Balanced | PairCorr |
The ability to find closely correlated positions to TD Comfort 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 Comfort 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 Comfort - 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 Comfort Balanced to buy it.
The correlation of TD Comfort 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 Comfort moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TD Comfort Balanced 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 Comfort 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.Other Information on Investing in 0P0001FAU8 Fund
TD Comfort financial ratios help investors to determine whether 0P0001FAU8 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 0P0001FAU8 with respect to the benefits of owning TD Comfort security.
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