Td Active Preferred Etf Performance
| TPRF Etf | CAD 10.94 0.05 0.46% |
The entity owns a Beta (Systematic Risk) of 0.0628, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TD Active's returns are expected to increase less than the market. However, during the bear market, the loss of holding TD Active is expected to be smaller as well.
Risk-Adjusted Performance
5 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in TD Active Preferred are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very healthy basic indicators, TD Active is not utilizing all of its potentials. The recent stock price disarray, may contribute to short-term losses for the investors. ...more
| In Threey Sharp Ratio | 0.01 |
TPRF |
TD Active Relative Risk vs. Return Landscape
If you would invest 1,077 in TD Active Preferred on September 1, 2024 and sell it today you would earn a total of 17.00 from holding TD Active Preferred or generate 1.58% return on investment over 90 days. TD Active Preferred is generating 0.0252% of daily returns and assumes 0.3732% volatility on return distribution over the 90 days horizon. Simply put, 3% of etfs are less volatile than TPRF, 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 Active Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TD Active's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as TD Active Preferred, and traders can use it to determine the average amount a TD Active'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 = 0.0674
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TPRF |
Estimated Market Risk
| 0.37 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
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average TD Active is performing at about 5% 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 Active by adding it to a well-diversified portfolio.
TD Active Fundamentals Growth
TPRF Etf prices reflect investors' perceptions of the future prospects and financial health of TD Active, and TD Active 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 TPRF Etf performance.
| Total Asset | 61.92 M | |||
About TD Active Performance
By examining TD Active's fundamental ratios, stakeholders can obtain critical insights into TD Active'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 Active 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 Active Preferred Share ETF seeks to earn a high level of income by investing primarily in Canadian listed preferred shares and to seek to add value or reduce risk by investing in other income-producing securities. TD ACTIVE is traded on Toronto Stock Exchange in Canada.| The fund maintains all of the assets in different exotic instruments |
Other Information on Investing in TPRF Etf
TD Active financial ratios help investors to determine whether TPRF 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 TPRF with respect to the benefits of owning TD Active security.