TD Bank Stock Tumbles as Lender Agrees To More Than 3B in Penalties, Growth Cap - Investopedia
| 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.
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TD Bank Stock Tumbles as Lender Agrees To More Than 3B in Penalties, Growth Cap Investopedia
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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.
Price To Earning
Price To Earning Comparative Analysis
Toronto Dominion is currently under evaluation in price to earning category among its peers. Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
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 | 0.40 |
Check out Toronto Dominion Hype Analysis, Toronto Dominion Correlation and Toronto Dominion Performance. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.