Toronto Dominion Backtesting

The Toronto Dominion Bank -- Canada Stock  

CAD 72.45  0.62  0.86%

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
Investment Horizon     30 Days    Login   to change

Toronto Dominion 'What if' Analysis

November 18, 2017
No Change 0.00  0.0%
In 31 days
December 18, 2017
If you would invest  0.00  in Toronto Dominion on November 18, 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 Bank of Nova Scotia, National Bank, Bank of Montreal, Canadian Imperial, Royal Bank, and Canadian Western. It operates through three segments Canadian Retail U.S

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 -0.1762 which indicates The Toronto Dominion had -0.1762% 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-eight 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 (856.11) and Risk Adjusted Performance of (0.052016) 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 -0.0531 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-eight different technical indicators which can help you to evaluate its performance. The Toronto Dominion has expected return of -0.1275%. Please be advised to validate Toronto Dominion Potential Upside, and the relationship between Total Risk Alpha and Kurtosis 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 0.33 

Below average predictability

The Toronto Dominion Bank has below average predictability. Overlapping area represents the amount of predictability between Toronto Dominion time series from November 18, 2017 to December 3, 2017 and December 3, 2017 to December 18, 2017. 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 0.33 indicates that nearly 33.0% of current Toronto Dominion price fluctuation can be explain by its past prices.
Correlation Coefficient 0.33
Spearman Rank Test 0.35
Price Variance 0.19
Lagged Price Variance 0.27

Toronto Dominion Lagged Returns

 Regressed Prices 

Toronto Dominion Performance vs SPTSX Comp

The median price of Toronto Dominion for the period between Sat, Nov 18, 2017 and Mon, Dec 18, 2017 is 73.32 with a coefficient of variation of 1.24. The daily time series for the period is distributed with a sample standard deviation of 0.91, arithmetic mean of 73.3, and mean deviation of 0.75. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)