TD Active Valuation
| TGED Etf | CAD 28.22 0.24 0.86% |
At this time, the etf appears to be undervalued. TD Active Global owns a latest Real Value of C$3.39 per share. The recent price of the etf is C$28.22. Our model measures the value of TD Active Global from examining the etf fundamentals such as Beta of 1.08, net asset of 6.01 M, and Annual Yield of 0.04 % as well as evaluating its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that TD Active's price fluctuation is somewhat reliable at this time. Calculation of the real value of TD Active Global is based on 3 months time horizon. Increasing TD Active's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since TD Active is currently traded on the exchange, buyers and sellers on that exchange determine the market value of TGED Etf. However, TD Active's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 28.22 | Real 3.39 | Hype 0.0 | Naive 28.72 |
The intrinsic value of TD Active's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence TD Active's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of TD Active Global helps investors to forecast how TGED etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of TD Active more accurately as focusing exclusively on TD Active's fundamentals will not take into account other important factors: TD Active Total Value Analysis
TD Active Global is at this time estimated to have takeover price of 0 with market capitalization of 0, debt of , and cash on hands of . Please note that takeover price may be misleading and is a subject to mistakes in financial statements. We encourage investors to thoroughly investigate all of the TD Active fundamentals before making investing decisions based on enterprise value of the companyTD Active Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The recent return on assets of TGED suggests not a very effective usage of assets in January.TD Active Past Distributions to stockholders
About TD Active Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of TD Active Global. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of TD Active Global based exclusively on its fundamental and basic technical indicators. By analyzing TD Active's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of TD Active's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of TD Active. We calculate exposure to TD Active's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of TD Active's related companies.TD Active Global Enhanced Dividend ETF seeks to earn income and generate moderate capital growth by investing primarily in dividend-paying equity securities of issuers located anywhere in the world. TD ACTIVE is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in TGED Etf
TD Active financial ratios help investors to determine whether TGED 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 TGED with respect to the benefits of owning TD Active security.