Toronto Net Income Applicable To Common Shares from 2010 to 2026
| TD Stock | CAD 127.99 1.09 0.86% |
Net Income Applicable To Common Shares | First Reported 2017-01-31 | Previous Quarter 3.2 B | Current Value 3.1 B | Quarterly Volatility 1.7 B |
Check Toronto Dominion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toronto Dominion's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 B, Interest Expense of 65.9 B or Selling General Administrative of 29.4 B, as well as many indicators such as Price To Sales Ratio of 1.58, Dividend Yield of 0.0266 or PTB Ratio of 1.86. Toronto financial statements analysis is a perfect complement when working with Toronto Dominion Valuation or Volatility modules.
Toronto | Net Income Applicable To Common Shares |
Evaluating Toronto Dominion's Net Income Applicable To Common Shares across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Toronto Dominion Bank's fundamental strength.
Latest Toronto Dominion's Net Income Applicable To Common Shares Growth Pattern
Below is the plot of the Net Income Applicable To Common Shares of Toronto Dominion Bank over the last few years. It is the net income that remains after preferred dividends have been deducted, available to common shareholders. Toronto Dominion's Net Income Applicable To Common Shares historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Toronto Dominion's overall financial position and show how it may be relating to other accounts over time.
| Net Income Applicable To Common Shares | 10 Years Trend |
|
Net Income Applicable To Common Shares |
| Timeline |
Toronto Net Income Applicable To Common Shares Regression Statistics
| Arithmetic Mean | 11,559,879,412 | |
| Geometric Mean | 10,855,764,296 | |
| Coefficient Of Variation | 39.80 | |
| Mean Deviation | 3,421,138,062 | |
| Median | 10,203,000,000 | |
| Standard Deviation | 4,600,865,169 | |
| Sample Variance | 21167960.3T | |
| Range | 15.3B | |
| R-Value | 0.72 | |
| Mean Square Error | 10868013.1T | |
| R-Squared | 0.52 | |
| Significance | 0 | |
| Slope | 656,168,260 | |
| Total Sum of Squares | 338687364.9T |
Toronto Net Income Applicable To Common Shares History
About Toronto Dominion Financial Statements
Toronto Dominion investors utilize fundamental indicators, such as Net Income Applicable To Common Shares, to predict how Toronto Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 23 B | 12.7 B |
Pair Trading with Toronto Dominion
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 Toronto Dominion 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 Toronto Dominion will appreciate offsetting losses from the drop in the long position's value.Moving together with Toronto Stock
| 0.77 | GOOG | Alphabet CDR Earnings Call This Week | PairCorr |
Moving against Toronto Stock
| 0.72 | MSFT | Microsoft CDR | PairCorr |
| 0.72 | MSFT | Microsoft Corp CDR | PairCorr |
| 0.55 | AAPL | Apple CDR | PairCorr |
| 0.55 | AAPL | Apple Inc CDR | PairCorr |
| 0.36 | NVDA | Nvidia CDR | PairCorr |
The ability to find closely correlated positions to Toronto Dominion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toronto Dominion 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 Toronto Dominion - 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 Toronto Dominion Bank to buy it.
The correlation of Toronto Dominion 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 Toronto Dominion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toronto Dominion Bank 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 Toronto Dominion 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.Check out the analysis of Toronto Dominion Correlation against competitors. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.