Toronto Dominion Bank Pref Stock Today

TD-PFI Stock  CAD 24.54  0.01  0.04%   

Performance

4 of 100

 
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Insignificant

Odds Of Distress

Less than 4

 
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Toronto Dominion is trading at 24.54 as of the 19th of April 2024, a 0.04 percent up since the beginning of the trading day. The stock's open price was 24.53. Toronto Dominion has only four percent chance of going through some form of financial distress over the next 2 years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Toronto Dominion Bank Pref are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain
Energy
The Toronto-Dominion Bank, together with its subsidiaries, provides various personal and commercial banking products and services in Canada and the United States. The Toronto-Dominion Bank was founded in 1855 and is headquartered in Toronto, Canada. TD BANK is traded on Toronto Stock Exchange in Canada.. The company has 1.83 B outstanding shares. More on Toronto Dominion Bank Pref

Toronto Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Toronto Dominion's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Toronto Dominion or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO PresidentBharat Masrani
Business ConcentrationOil, Gas & Consumable Fuels, Energy, Energy, Oil, Gas & Consumable Fuels, Banking Services, Financials (View all Sectors)
Toronto Dominion Bank Pref (TD-PFI) is traded on Toronto Exchange in Canada and employs 103,179 people. Toronto Dominion is listed under Oil, Gas & Consumable Fuels category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 155.82 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Toronto Dominion's market, we take the total number of its shares issued and multiply it by Toronto Dominion's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Toronto Dominion Bank operates under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 1.83 B outstanding shares. Toronto Dominion Bank Pref has accumulated about 542.82 B in cash with (66.81 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 299.41, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership Allocation
Toronto Dominion Bank shows a total of 1.83 Billion outstanding shares. About 77.0 % of Toronto Dominion outstanding shares are held by general public with 23.01 % by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Toronto Ownership Details

Toronto Stock Price Odds Analysis

What are Toronto Dominion's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Toronto Dominion jumping above the current price in 90 days from now is about 16.94%. The Toronto Dominion Bank Pref probability density function shows the probability of Toronto Dominion stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Toronto Dominion Bank Pref has a beta of -0.0151. This usually implies as returns on the benchmark increase, returns on holding Toronto Dominion are expected to decrease at a much lower rate. During a bear market, however, Toronto Dominion Bank Pref is likely to outperform the market. Additionally, toronto Dominion Bank Pref has an alpha of 0.0206, implying that it can generate a 0.0206 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 24.54HorizonTargetOdds Above 24.54
82.37%90 days
 24.54 
16.94%
Based on a normal probability distribution, the odds of Toronto Dominion to move above the current price in 90 days from now is about 16.94 (This Toronto Dominion Bank Pref probability density function shows the probability of Toronto Stock to fall within a particular range of prices over 90 days) .

Toronto Dominion Bank Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Toronto Dominion market risk premium is the additional return an investor will receive from holding Toronto Dominion long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Toronto Dominion. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Toronto Dominion's alpha and beta are two of the key measurements used to evaluate Toronto Dominion's performance over the market, the standard measures of volatility play an important role as well.

Toronto Stock Against Markets

Picking the right benchmark for Toronto Dominion stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Toronto Dominion stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Toronto Dominion is critical whether you are bullish or bearish towards Toronto Dominion Bank Pref at a given time. Please also check how Toronto Dominion's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Toronto Dominion without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Toronto Dominion Corporate Management

Elected by the shareholders, the Toronto Dominion's board of directors comprises two types of representatives: Toronto Dominion inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Toronto. The board's role is to monitor Toronto Dominion's management team and ensure that shareholders' interests are well served. Toronto Dominion's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Toronto Dominion's outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael RhodesCanadian HeadProfile
Brooke HalesHead RelationsProfile
Renu GuptaStrategy DevelopmentProfile
Riaz AhmedGroup BankingProfile
Greg KeeleySenior PlatformsProfile

How to buy Toronto Stock?

Before investing in Toronto Dominion, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Toronto Dominion. To buy Toronto Dominion stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Toronto Dominion. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Toronto Dominion stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Toronto Dominion Bank Pref stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Toronto Dominion Bank Pref stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Toronto Dominion Bank Pref, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Toronto Dominion Bank Pref?

The danger of trading Toronto Dominion Bank Pref is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Toronto Dominion is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Toronto Dominion. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Toronto Dominion Bank is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank Pref. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
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 the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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When running Toronto Dominion's 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 the 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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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 if Toronto Dominion is a good investment 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.