Toronto Stock Performance

TD
 Stock
  

USD 66.30  2.05  3.19%   

The entity has a beta of -0.0638, which indicates not very significant fluctuations relative to the market. Let's try to break down what Toronto's beta means in this case. As returns on the market increase, returns on owning Toronto Dominion are expected to decrease at a much lower rate. During the bear market, Toronto Dominion is likely to outperform the market. Even though it is essential to pay attention to Toronto Dominion Bank current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Toronto Dominion Bank exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Toronto Dominion Bank has an expected return of -0.07%. Please be advised to validate Toronto Dominion potential upside, as well as the relationship between the kurtosis and day typical price to decide if Toronto Dominion Bank performance from the past will be repeated at some point in the near future.
  
Toronto Performance
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Over the last 90 days Toronto Dominion Bank has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, Toronto Dominion is not utilizing all of its potentials. The new stock price tumult, may contribute to shorter-term losses for the shareholders. ...more

Structure and Payout Changes

Forward Annual Dividend Yield
0.0426
Payout Ratio
0.33
Last Split Factor
2:1
Forward Annual Dividend Rate
2.75
Dividend Date
2022-07-31
Ex Dividend Date
2022-07-07
Last Split Date
2014-02-03

Toronto Price Channel

Fifty Two Week Low58.64
Target High Price84.26
Payout Ratio41.74%
Fifty Two Week High86.02
Target Low Price82.42
Trailing Annual Dividend Yield4.90%

Toronto Dominion Relative Risk vs. Return Landscape

If you would invest  6,978  in Toronto Dominion Bank on May 12, 2022 and sell it today you would lose (348.00)  from holding Toronto Dominion Bank or give up 4.99% of portfolio value over 90 days. Toronto Dominion Bank is generating negative expected returns and assumes 1.5899% volatility on return distribution over the 90 days horizon. Put differently, 13% of stocks are less risky than Toronto on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Allowing for the 90-day total investment horizon Toronto Dominion is expected to under-perform the market. In addition to that, the company is 1.25 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.07 per unit of volatility.

Toronto Dominion Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Toronto Dominion's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Toronto Dominion Bank, and traders can use it to determine the average amount a Toronto Dominion'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 = -0.044

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Negative ReturnsTD
Estimated Market Risk
 1.59
  actual daily
 
 13 %
of total potential
 
1313
Expected Return
 -0.07
  actual daily
 
 0 %
of total potential
 
00
Risk-Adjusted Return
 -0.04
  actual daily
 
 0 %
of total potential
 
00
Based on monthly moving average Toronto Dominion is performing at about 0% 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 Toronto Dominion by adding it to a well-diversified portfolio.

About Toronto Dominion Performance

To evaluate Toronto Dominion Bank Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Toronto Dominion generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Toronto Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Toronto Dominion Bank stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Toronto's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
The Toronto-Dominion Bank, together with its subsidiaries, provides various financial products and services in Canada, the United States, and internationally. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada. Toronto Dominion operates under BanksDiversified classification in the United States and is traded on New York Stock Exchange. It employs 91993 people.

Things to note about Toronto Dominion Bank

Checking the ongoing alerts about Toronto Dominion for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Toronto Dominion Bank help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Toronto Dominion Alerts

Equity Alerts and Improvement Suggestions

Toronto Dominion generated a negative expected return over the last 90 days
Toronto Dominion Bank reports about 543.25 B in cash with (16.51 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 301.15.
Roughly 55.0% of the company shares are owned by institutional investors
Latest headline from stories.td.com: An industry first TD makes it easier for customers to purchase public transit passes with debit - TD Stories
Additionally, take a look at World Market Map. Note that the Toronto Dominion Bank information on this page should be used as a complementary analysis to other Toronto Dominion's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Toronto Stock analysis

When running Toronto Dominion Bank price analysis, check to measure Toronto Dominion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Toronto Dominion is operating at the current time. Most of Toronto Dominion's value examination focuses on studying past and present price action to predict the probability of Toronto Dominion's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Toronto Dominion's price. Additionally, you may evaluate how the addition of Toronto Dominion to your portfolios can decrease your overall portfolio volatility.
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Is Toronto Dominion's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toronto Dominion. If investors know Toronto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toronto Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.04
Market Capitalization
116.5 B
Quarterly Revenue Growth YOY
0.038
Return On Assets
0.0085
Return On Equity
0.15
The market value of Toronto Dominion Bank is measured differently than its book value, which is the value of Toronto that is recorded on the company's balance sheet. Investors also form their own opinion of Toronto Dominion's value that differs from its market value or its book value, called intrinsic value, which is Toronto Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toronto Dominion's market value can be influenced by many factors that don't directly affect Toronto Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Toronto Dominion's value and its price as these two are different measures arrived at by different means. Investors typically determine Toronto Dominion value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Toronto Dominion's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.