Td Select Short Etf Market Value
| TUSB Etf | CAD 14.38 0.05 0.35% |
| Symbol | TUSB |
TD Select 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to TD Select's etf what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of TD Select.
| 12/23/2025 |
| 01/22/2026 |
If you would invest 0.00 in TD Select on December 23, 2025 and sell it all today you would earn a total of 0.00 from holding TD Select Short or generate 0.0% return on investment in TD Select over 30 days. TD Select is related to or competes with Fidelity High, First Trust, First Trust, First Trust, and RBC Quant. Short Term Corporate Bond Ladder ETF seeks to earn a high rate of interest while preserving capital through exposure to ... More
TD Select Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure TD Select's etf current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess TD Select Short upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.39) | |||
| Maximum Drawdown | 1.32 | |||
| Value At Risk | (0.48) | |||
| Potential Upside | 0.4155 |
TD Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TD Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TD Select's standard deviation. In reality, there are many statistical measures that can use TD Select historical prices to predict the future TD Select's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.782 |
TD Select Short Backtested Returns
TD Select Short retains Efficiency (Sharpe Ratio) of -0.023, which indicates the etf had a -0.023 % return per unit of price deviation over the last 3 months. TD Select exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TD Select's Mean Deviation of 0.2132, risk adjusted performance of (0.03), and Standard Deviation of 0.2733 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.0177, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TD Select are expected to decrease at a much lower rate. During the bear market, TD Select is likely to outperform the market.
Auto-correlation | 0.35 |
Below average predictability
TD Select Short has below average predictability. Overlapping area represents the amount of predictability between TD Select time series from 23rd of December 2025 to 7th of January 2026 and 7th of January 2026 to 22nd of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TD Select Short price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current TD Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TD Select Short lagged returns against current returns
Autocorrelation, which is TD Select etf's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting TD Select's etf expected returns. We can calculate the autocorrelation of TD Select returns to help us make a trade decision. For example, suppose you find that TD Select has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
TD Select regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If TD Select etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TD Select etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TD Select etf over time.
Current vs Lagged Prices |
| Timeline |
TD Select Lagged Returns
When evaluating TD Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TD Select etf have on its future price. TD Select autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, TD Select autocorrelation shows the relationship between TD Select etf current value and its past values and can show if there is a momentum factor associated with investing in TD Select Short.
Regressed Prices |
| Timeline |
Other Information on Investing in TUSB Etf
TD Select financial ratios help investors to determine whether TUSB 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 TUSB with respect to the benefits of owning TD Select security.