Toronto Dominion Backtesting

The Toronto Dominion Bank -- Canada Stock  

CAD 25.06  0.05  0.2%

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

Toronto Dominion 'What if' Analysis

December 19, 2017
No Change 0.00  0.0%
In 31 days
January 18, 2018
If you would invest  0.00  in Toronto Dominion on December 19, 2017 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, and . Toronto Dominion is entity of Canada. It is traded as Stock on TOR exchange.

Toronto Dominion Upside/Downside Indicators


Toronto Dominion Market Premium Indicators

The Toronto Dominion lagged returns against current returns

 Current and Lagged Values 

Toronto Dominion regressed lagged prices vs. current prices

 Current vs Lagged Prices 

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 -0.0799 which indicates The Toronto Dominion had -0.0799% 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 Coefficient Of Variation of (1,215) and Risk Adjusted Performance of (0.035247) 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 -0.2767 which indicates as returns on market increase, returns on owning Toronto Dominion are expected to decrease at a much smaller rate. During bear market, Toronto Dominion is likely to outperform the market.. 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 -0.0254%. 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(0.75) 

Almost perfect reverse predictability

The Toronto Dominion Bank has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Toronto Dominion time series from December 19, 2017 to January 3, 2018 and January 3, 2018 to January 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 -0.75 indicates that around 75.0% 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 -0.75
Spearman Rank Test -0.85
Price Variance 0.03
Average Price 25.24

Toronto Dominion Lagged Returns

 Regressed Prices 

Toronto Dominion Performance vs SPTSX Comp

The median price of Toronto Dominion for the period between Tue, Dec 19, 2017 and Thu, Jan 18, 2018 is 25.2 with a coefficient of variation of 0.54. The daily time series for the period is distributed with a sample standard deviation of 0.14, arithmetic mean of 25.21, and mean deviation of 0.1. The Stock received some media coverage during the period.
Price Growth (%)  
Toronto Dominion Bank Purchases 86641 Shares of Merck Co., I...01/15/2018