TD Q Valuation
| TQCD Etf | CAD 19.92 0.09 0.45% |
At this time, the etf appears to be fairly valued. TD Q Canadian owns a latest Real Value of C$19.57 per share. The recent price of the etf is C$19.92. Our model measures the value of TD Q Canadian from examining the etf fundamentals such as equity positions weight of 99.05 %, and Beta of 0.97 as well as evaluating its technical indicators and probability of bankruptcy.
Fairly Valued
Today
Please note that TD Q's price fluctuation is very steady at this time. Calculation of the real value of TD Q Canadian is based on 3 months time horizon. Increasing TD Q's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since TD Q is currently traded on the exchange, buyers and sellers on that exchange determine the market value of TQCD Etf. However, TD Q'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 19.92 | Real 19.57 | Hype 19.83 | Naive 19.9 |
The intrinsic value of TD Q'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 Q'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 Q Canadian helps investors to forecast how TQCD 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 Q more accurately as focusing exclusively on TD Q's fundamentals will not take into account other important factors: About TD Q Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of TD Q Canadian. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of TD Q Canadian based exclusively on its fundamental and basic technical indicators. By analyzing TD Q's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of TD Q's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of TD Q. We calculate exposure to TD Q's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of TD Q's related companies.TD Q Canadian Dividend ETF seeks to earn income and moderate capital growth by using a quantitative approach to security selection to invest primarily in, or gain exposure to, dividend-paying equity securities and other income-producing instruments of Canadian issuers TD Q is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in TQCD Etf
TD Q financial ratios help investors to determine whether TQCD 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 TQCD with respect to the benefits of owning TD Q security.