TD Active Financials
| TGED Etf | CAD 27.64 0.03 0.11% |
3 y Sharp Ratio 0.7 |
TGED |
The data published in TD Active's official financial statements typically reflect TD Active's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving TD Active's quantitative information. For example, before you start analyzing numbers published by TGED accountants, it's essential to understand TD Active's liquidity, profitability, and earnings quality within the context of the Oil, Gas & Consumable Fuels space in which it operates.
TD Active Etf Summary
TD Active competes with Brompton Global, Brompton North, Global Healthcare, and Brompton North. TD Active Global Enhanced Dividend ETF seeks to earn income and generate moderate capital growth by investing primarily in dividend-paying equity securities of issuers located anywhere in the world. TD ACTIVE is traded on Toronto Stock Exchange in Canada.| Instrument | Canada Etf |
| Exchange | Toronto Exchange |
| ISIN | CA87241P1009 |
| Region | Others |
| Investment Issuer | Others |
| Etf Family | Oil, Gas & Consumable Fuels |
| Fund Category | Others |
| Portfolio Concentration | Others |
| Benchmark | Dow Jones Industrial |
| Phone | 1 800 588 8054 |
| Currency | CAD - Canadian Dollar |
You should never invest in TD Active without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of TGED Etf, because this is throwing your money away. Analyzing the key information contained in TD Active's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
TD Active Key Financial Ratios
TD Active's financial ratios allow both analysts and investors to convert raw data from TD Active's financial statements into concise, actionable information that can be used to evaluate the performance of TD Active over time and compare it to other companies across industries.TGED Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TD Active's current stock value. Our valuation model uses many indicators to compare TD Active value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TD Active competition to find correlations between indicators driving TD Active's intrinsic value. More Info.TD Active Global is presently regarded as number one ETF in beta as compared to similar ETFs. It also is presently regarded as number one ETF in annual yield as compared to similar ETFs fabricating about 0.03 of Annual Yield per Beta. The ratio of Beta to Annual Yield for TD Active Global is roughly 29.64 . Comparative valuation analysis is a catch-all model that can be used if you cannot value TD Active by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for TD Active'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.TD Active Global Systematic Risk
TD Active's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TD Active volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on TD Active Global correlated with the market. If Beta is less than 0 TD Active generally moves in the opposite direction as compared to the market. If TD Active Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TD Active Global is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TD Active is generally in the same direction as the market. If Beta > 1 TD Active moves generally in the same direction as, but more than the movement of the benchmark.
TD Active November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of TD Active help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TD Active Global. We use our internally-developed statistical techniques to arrive at the intrinsic value of TD Active Global based on widely used predictive technical indicators. In general, we focus on analyzing TGED Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TD Active's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.783 | |||
| Information Ratio | 0.032 | |||
| Maximum Drawdown | 4.45 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.53 |
Other Information on Investing in TGED Etf
TD Active financial ratios help investors to determine whether TGED Etf 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 TGED with respect to the benefits of owning TD Active security.