Td Global Technology Etf Performance
| TEC Etf | CAD 42.18 1.03 2.38% |
The entity owns a Beta (Systematic Risk) of 0.87, which indicates possible diversification benefits within a given portfolio. TD Global returns are very sensitive to returns on the market. As the market goes up or down, TD Global is expected to follow.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days TD Global Technology has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Etf's fundamental indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the ETF investors. ...more
1 | Big-Tech Love and Fear Fuel Record Boom for Invesco ETFs - ThinkAdvisor | 01/07/2025 |
2 | Worried That the SP 500 Leans Too Much on Big Tech This ETF Is a Better Buy. - The Motley Fool | 02/19/2025 |
3 | Strategic Equity Report - Stock Traders Daily | 03/14/2025 |
TEC |
TD Global Relative Risk vs. Return Landscape
If you would invest 4,710 in TD Global Technology on December 27, 2024 and sell it today you would lose (492.00) from holding TD Global Technology or give up 10.45% of portfolio value over 90 days. TD Global Technology is producing return of less than zero assuming 1.4223% volatility of returns over the 90 days investment horizon. Simply put, 12% of all etfs have less volatile historical return distribution than TD Global, 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 Global Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TD Global's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as TD Global Technology, and traders can use it to determine the average amount a TD Global'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 = -0.118
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TEC |
Estimated Market Risk
| 1.42 actual daily | 12 88% of assets are more volatile |
Expected Return
| -0.17 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TD Global is not performing at its full potential. However, 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 Global by adding TD Global to a well-diversified portfolio.
TD Global Fundamentals Growth
TEC Etf prices reflect investors' perceptions of the future prospects and financial health of TD Global, and TD Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on TEC Etf performance.
| Earnings Per Share | 0.15 X | |||
| Total Asset | 293.68 M | |||
About TD Global Performance
By examining TD Global's fundamental ratios, stakeholders can obtain critical insights into TD Global's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that TD Global is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
TD Global Technology Leaders Index ETF seeks to track, to the extent reasonably possible and before the deduction of fees and expenses, the performance of a global equity index which measures the investment return of global mid- and large-capitalization issuers related to technology. TD GLOBAL is traded on Toronto Stock Exchange in Canada.| TD Global Technology generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Strategic Equity Report - Stock Traders Daily | |
| The fund maintains 97.65% of its assets in stocks |
Other Information on Investing in TEC Etf
TD Global financial ratios help investors to determine whether TEC 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 TEC with respect to the benefits of owning TD Global security.