TDb Common Stock Shares Outstanding from 2010 to 2024
| XTD Stock | CAD 2.02 0.01 0.50% |
Common Stock Shares Outstanding | First Reported 2007-11-30 | Previous Quarter 7.2 M | Current Value 14.6 M | Quarterly Volatility 2.6 M |
Check TDb Split financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TDb Split's main balance sheet or income statement drivers, such as Interest Expense of 0.0, Selling General Administrative of 325.6 K or Other Operating Expenses of 588.6 K, as well as many indicators such as Dividend Yield of 0.12, Ptb Ratio of 3.57 or Book Value Per Share of 0.88. TDb financial statements analysis is a perfect complement when working with TDb Split Valuation or Volatility modules.
TDb | Common Stock Shares Outstanding |
Pair Trading with TDb Split
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 TDb Split 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 TDb Split will appreciate offsetting losses from the drop in the long position's value.Moving together with TDb Stock
| 0.73 | TD | Toronto Dominion Bank Earnings Call This Week | PairCorr |
Moving against TDb Stock
| 0.45 | RY-PS | Royal Bank Earnings Call This Week | PairCorr |
| 0.4 | RY-PM | Royal Bank Earnings Call This Week | PairCorr |
| 0.34 | TD-PFI | Toronto Dominion Bank Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to TDb Split could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TDb Split 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 TDb Split - 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 TDb Split Corp to buy it.
The correlation of TDb Split 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 TDb Split moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TDb Split Corp 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 TDb Split 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 TDb Stock
TDb Split financial ratios help investors to determine whether TDb Stock 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 TDb with respect to the benefits of owning TDb Split security.