TD Canadian Valuation
TTP Etf | CAD 29.38 0.12 0.41% |
At this time, the etf appears to be undervalued. TD Canadian Equity owns a latest Real Value of C$31.12 per share. The recent price of the etf is C$29.38. Our model measures the value of TD Canadian Equity from examining the etf fundamentals such as Price To Earning of 16.39 X, total asset of 798.78 M, and Five Year Return of 12.00 % as well as evaluating its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that TD Canadian's price fluctuation is very steady at this time. Calculation of the real value of TD Canadian Equity is based on 3 months time horizon. Increasing TD Canadian's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since TD Canadian is currently traded on the exchange, buyers and sellers on that exchange determine the market value of TTP Etf. However, TD Canadian'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 29.38 | Real 31.12 | Hype 29.25 |
The intrinsic value of TD Canadian'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 Canadian'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 Canadian Equity helps investors to forecast how TTP 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 Canadian more accurately as focusing exclusively on TD Canadian's fundamentals will not take into account other important factors: TD Canadian Total Value Analysis
TD Canadian Equity is at this time projected 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 Canadian fundamentals before making investing decisions based on enterprise value of the companyTD Canadian 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 TTP suggests not a very effective usage of assets in November.TD Canadian Past Distributions to stockholders
About TD Canadian Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of TD Canadian Equity. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of TD Canadian Equity based exclusively on its fundamental and basic technical indicators. By analyzing TD Canadian's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of TD Canadian's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of TD Canadian. We calculate exposure to TD Canadian's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of TD Canadian's related companies.TD Canadian Equity Index ETF seeks to track, to the extent reasonably possible and before the deduction of fees and expenses, the performance of a broad Canadian equity market index that measures the investment return of publicly traded securities in the Canadian market. TD CANADIAN is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in TTP Etf
TD Canadian financial ratios help investors to determine whether TTP 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 TTP with respect to the benefits of owning TD Canadian security.