Toronto Dominion Backtesting

TD-PFF -- Canada Stock  

CAD 24.81  0.01  0.0403%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of The Toronto Dominion Bank and determine expected loss or profit from investing in Toronto Dominion over given investment horizon. Also please take a look at Toronto Dominion Hype Analysis, Toronto Dominion Correlation, Toronto Dominion Valuation, Toronto Dominion Volatility as well as analyze Toronto Dominion Alpha and Beta and Toronto Dominion Performance.
 Time Horizon     30 Days    Login   to change
SymbolX
Backtest

Toronto Dominion 'What if' Analysis

June 18, 2018
0.00
No Change 0.00  0.0%
In 30 days
July 18, 2018
0.00
If you would invest  0.00  in Toronto Dominion on June 18, 2018 and sell it all today you would earn a total of 0.00 from holding The Toronto Dominion Bank or generate 0.0% return on investment in Toronto Dominion over 30 days. Toronto Dominion is related to or competes with Royal Bank, Toronto Dominion, Toronto Dominion, Toronto Dominion, Toronto Dominion, CNOOC, and BK OF. The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and...

Toronto Dominion Upside/Downside Indicators

Downside Deviation0.6187
Information Ratio0.18
Maximum Drawdown3.09
Value At Risk0.32
Potential Upside0.8016
  

Toronto Dominion Market Premium Indicators

Risk Adjusted Performance0.043
Jensen Alpha0.0254
Total Risk Alpha0.09
Sortino Ratio0.16
Treynor Ratio0.8292

The Toronto Dominion Backtested Returns

Macroaxis considers Toronto Dominion to be not too risky. The Toronto Dominion owns Efficiency Ratio (i.e. Sharpe Ratio) of -0.0586 which indicates The Toronto Dominion had -0.0586% of return per unit of risk over the last 1 month. Macroaxis philosophy towards measuring risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. The Toronto Dominion Bank exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Toronto Dominion Semi Deviation of 0.4601, Coefficient Of Variation of 1376.06 and Risk Adjusted Performance of 0.043 to confirm risk estimate we provide. Macroaxis gives Toronto Dominion performance score of 0 on a scale of 0 to 100. The entity has beta of 0.0363 which indicates as returns on market increase, Toronto Dominion returns are expected to increase less than the market. However during bear market, the loss on holding Toronto Dominion will be expected to be smaller as well.. Even though it is essential to pay attention to The Toronto Dominion current price movements, it is always good to be careful when utilizing equity historical returns. Macroaxis philosophy towards measuring future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. The Toronto Dominion Bank exposes twenty-one different technical indicators which can help you to evaluate its performance. The Toronto Dominion has expected return of -0.0264%. Please be advised to validate Toronto Dominion Standard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to decide if The Toronto Dominion past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.16) 

Insignificant reverse predictability

The Toronto Dominion Bank has insignificant reverse predictability. Overlapping area represents the amount of predictability between Toronto Dominion time series from June 18, 2018 to July 3, 2018 and July 3, 2018 to July 18, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of The Toronto Dominion price movement. The serial correlation of -0.16 indicates that over 16.0% of current Toronto Dominion price fluctuation can be explain by its past prices. Given that The Toronto Dominion Bank has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Toronto Dominion for similar time interval.
Correlation Coefficient -0.16
Spearman Rank Test -0.04
Price Variance 0.02
Average Price 24.92

The Toronto Dominion lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Toronto Dominion regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Toronto Dominion Lagged Returns

 Regressed Prices 
      Timeline 

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Portfolio Volatility

Check portfolio volatility and analyze historical return density to properly model market risk
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Also please take a look at Toronto Dominion Hype Analysis, Toronto Dominion Correlation, Toronto Dominion Valuation, Toronto Dominion Volatility as well as analyze Toronto Dominion Alpha and Beta and Toronto Dominion Performance. Please also try Bollinger Bands module to use bollinger bands indicator to analyze target price for a given investing horizon.