Toronto-Dominion Stock Falls Despite Decent Q3 Earnings - Yahoo New Zealand News
| TD Stock | CAD 79.39 0.31 0.39% |
About 54% of Toronto Dominion's investor base is interested to short. The analysis of overall sentiment of trading Toronto Dominion Bank stock suggests that many investors are impartial at this time. Toronto Dominion's investing sentiment overview a quick insight into current market opportunities from investing in Toronto Dominion Bank. Many technical investors use Toronto Dominion Bank stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Toronto |
Toronto-Dominion Stock Falls Despite Decent Q3 Earnings Yahoo New Zealand News
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Toronto Dominion Fundamental Analysis
We analyze Toronto Dominion's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Toronto Dominion using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Toronto Dominion based on its fundamental data. In general, a quantitative approach, as applied to this company, 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.
Book Value Per Share
Book Value Per Share Comparative Analysis
Toronto Dominion is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Toronto Dominion Bank Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Toronto Dominion stock to make a market-neutral strategy. Peer analysis of Toronto Dominion could also be used in its relative valuation, which is a method of valuing Toronto Dominion by comparing valuation metrics with similar companies.
Peers
Toronto Dominion Related Equities
| BNS | Bank of Nova Scotia | 0.35 | ||||
| ENB | Enbridge | 0.17 | ||||
| BMO | Bank of Montreal | 0.07 | ||||
| RY | Royal Bank | 0.02 | ||||
| CM | Canadian Imperial | 0.31 |
Check out Toronto Dominion Hype Analysis, Toronto Dominion Correlation and Toronto Dominion Performance. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.