Td Canadian Bond Fund Probability of Future Fund Price Finishing Under 9.62
| TDB909 Fund | 10.57 0.03 0.28% |
TDB909 |
TD Canadian Target Price Odds to finish below 9.62
The tendency of TDB909 Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 9.62 or more in 90 days |
| 10.57 | 90 days | 9.62 | near 1 |
Based on a normal probability distribution, the odds of TD Canadian to drop to 9.62 or more in 90 days from now is near 1 (This TD Canadian Bond probability density function shows the probability of TDB909 Fund to fall within a particular range of prices over 90 days) . Probability of TD Canadian Bond price to stay between 9.62 and its current price of 10.57 at the end of the 90-day period is about 44.21 .
Assuming the 90 days trading horizon TD Canadian Bond has a beta of -0.0029. This usually implies as returns on the benchmark increase, returns on holding TD Canadian are expected to decrease at a much lower rate. During a bear market, however, TD Canadian Bond is likely to outperform the market. Additionally TD Canadian Bond has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. TD Canadian Price Density |
| Price |
Predictive Modules for TD Canadian
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TD Canadian Bond. Regardless of method or technology, however, to accurately forecast the fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.TD Canadian Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TD Canadian is not an exception. The market had few large corrections towards the TD Canadian's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold TD Canadian Bond, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TD Canadian within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.01 | |
β | Beta against Dow Jones | -0.0029 | |
σ | Overall volatility | 0.07 | |
Ir | Information ratio | -0.4 |
TD Canadian Technical Analysis
TD Canadian's future price can be derived by breaking down and analyzing its technical indicators over time. TDB909 Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TD Canadian Bond. In general, you should focus on analyzing TDB909 Fund price patterns and their correlations with different microeconomic environments and drivers.
TD Canadian Predictive Forecast Models
TD Canadian's time-series forecasting models is one of many TD Canadian's fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary TD Canadian's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the fund market movement and maximize returns from investment trading.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards TD Canadian in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, TD Canadian's short interest history, or implied volatility extrapolated from TD Canadian options trading.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |