Td Comfort Aggressive Fund Fundamentals
| 0P0001FAU5 | CAD 17.40 0.07 0.40% |
TD Comfort Aggressive fundamentals help investors to digest information that contributes to TD Comfort's financial success or failures. It also enables traders to predict the movement of 0P0001FAU5 Fund. The fundamental analysis module provides a way to measure TD Comfort's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TD Comfort fund.
0P0001FAU5 |
TD Comfort Aggressive Fund Equity Positions Weight Analysis
TD Comfort's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Current TD Comfort Equity Positions Weight | 97.28 % |
Most of TD Comfort's fundamental indicators, such as Equity 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 Aggressive is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
According to the company disclosure, TD Comfort Aggressive has an Equity Positions Weight of 97%. This is much higher than that of the TD Asset Management Inc family and significantly higher than that of the Global Equity category. The equity positions weight for all Canada funds is notably lower than that of the firm.
TD Comfort Aggressive 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 Aggressive is fourth largest fund in one year return among similar funds. It also is fourth largest fund in net asset among similar funds . 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.0P0001FAU5 Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TD Comfort's direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of TD Comfort could also be used in its relative valuation, which is a method of valuing TD Comfort by comparing valuation metrics of similar companies.TD Comfort is third largest fund in equity positions weight among similar funds.
Fund Asset Allocation for TD Comfort
The fund consists of 97.28% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides TD Comfort's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
0P0001FAU5 Fundamentals
| Total Asset | 1.14 B | |||
| One Year Return | (7.01) % | |||
| Net Asset | 1.14 B | |||
| Minimum Initial Investment | 100 | |||
| Cash Position Weight | 2.37 % | |||
| Equity Positions Weight | 97.28 % |
About TD Comfort Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze TD Comfort Aggressive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TD Comfort using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TD Comfort Aggressive based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The fundamental investment objective is to seek to generate 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 0P0001FAU5 Fund
| 0.93 | 0P00012UCU | RBC Global Equity | PairCorr |
| 0.93 | 0P0001D8QF | BMO Concentrated Global | PairCorr |
| 0.87 | 0P000070HA | CI Global Alpha | 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 Aggressive 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 Aggressive 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 0P0001FAU5 Fund
TD Comfort financial ratios help investors to determine whether 0P0001FAU5 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 0P0001FAU5 with respect to the benefits of owning TD Comfort security.
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