Toronto Dominion Technical Analysis

The Toronto Dominion Bank -- Canada Stock  

CAD 71.61  0.06  0.0837%

The Toronto Dominion Bank has Downside Deviation of 0.4821, Standard Deviation of 0.591 and Risk Adjusted Performance of 0.0994. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of The Toronto Dominion as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found eighteen technical drivers for The Toronto Dominion Bank which can be compared to its competition. Please validate The Toronto Dominion Downside Deviation, Jensen Alpha as well as the relationship between Jensen Alpha and Downside Variance to decide if Toronto Dominion is priced more or less accurately providing market reflects its prevalent price of 71.61 per share.
Investment Horizon     30 Days    Login   to change

The Toronto Dominion Trend Analysis

Use this graph to draw trend lines for The Toronto Dominion Bank. You can use it to identify possible trend reversals for Toronto Dominion as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Toronto Dominion price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Toronto Dominion Best Fit Change Line

The following chart estimates an ordinary least squares regression model for The Toronto Dominion Bank applied against its price change over selected period. The best fit line has a slop of 0.063505 % which means The Toronto Dominion Bank will continue generating value for investors. It has 34 observation points and a regression sum of squares at 3.29, which is the sum of squared deviations for the predicted Toronto Dominion price change compared to its average price change.

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The Toronto Dominion Bank is rated second in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.27  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for The Toronto Dominion Bank is roughly  1.27