Td Canadian Bond Fund Manager Performance Evaluation
| TDB909 Fund | 10.71 0.05 0.47% |
The entity owns a Beta (Systematic Risk) of -0.0012, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TD Canadian are expected to decrease at a much lower rate. During the bear market, TD Canadian is likely to outperform the market.
Risk-Adjusted Performance
Modest
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in TD Canadian Bond are ranked lower than 6 (%) of all funds and portfolios of funds over the last 90 days. Despite somewhat strong fundamental drivers, TD Canadian is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreTDB909 |
TD Canadian Relative Risk vs. Return Landscape
If you would invest 1,051 in TD Canadian Bond on November 19, 2024 and sell it today you would earn a total of 20.00 from holding TD Canadian Bond or generate 1.9% return on investment over 90 days. TD Canadian Bond is generating 0.0317% of daily returns and assumes 0.3928% volatility on return distribution over the 90 days horizon. Simply put, 3% of funds are less volatile than TDB909, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
TD Canadian Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TD Canadian's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as TD Canadian Bond, and traders can use it to determine the average amount a TD Canadian's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0806
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TDB909 |
Estimated Market Risk
| 0.39 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average TD Canadian is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TD Canadian by adding it to a well-diversified portfolio.
Things to note about TD Canadian Bond performance evaluation
Checking the ongoing alerts about TD Canadian for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for TD Canadian Bond help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating TD Canadian's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate TD Canadian's fund performance include:- Analyzing TD Canadian's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether TD Canadian's stock is overvalued or undervalued compared to its peers.
- Examining TD Canadian's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating TD Canadian's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TD Canadian's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of TD Canadian's fund. These opinions can provide insight into TD Canadian's potential for growth and whether the stock is currently undervalued or overvalued.
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