Toronto Dominion Bank Stock Price on April 1, 2024
| TD Stock | USD 54.66 3.42 5.89% |
Below is the normalized historical share price chart for Toronto Dominion Bank extending back to August 30, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Toronto Dominion stands at 54.66, as last reported on the 5th of May, with the highest price reaching 58.56 and the lowest price hitting 54.12 during the day.
If you're considering investing in Toronto Stock, it is important to understand the factors that can impact its price. Toronto Dominion Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0792, which indicates the firm had a -0.0792% return per unit of risk over the last 3 months. Toronto Dominion Bank exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Toronto Dominion's Variance of 1.48, risk adjusted performance of (0.06), and Coefficient Of Variation of (952.45) to confirm the risk estimate we provide.
At present, Toronto Dominion's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 30.7 B, whereas Other Stockholder Equity is forecasted to decline to about 22.2 M. . At present, Toronto Dominion's Price Earnings Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 1.94, whereas Price To Operating Cash Flows Ratio is projected to grow to (1.85). Toronto Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of August 1996 | 200 Day MA 60.5279 | 50 Day MA 59.2674 | Beta 0.828 |
Toronto |
Sharpe Ratio = -0.0792
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TD |
Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| -0.1 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Toronto Dominion is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Toronto Dominion by adding Toronto Dominion to a well-diversified portfolio.
Price Book 1.3543 | Price Sales 2.0065 | Shares Float 1.7 B | Dividend Share 3.9 | Wall Street Target Price 65.46 |
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Toronto Dominion Valuation on April 1, 2024
It is possible to determine the worth of Toronto Dominion on a given historical date. On April 1, 2024 Toronto was worth 60.36 at the beginning of the trading date compared to the closed value of 59.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Toronto Dominion stock. Still, in general, we apply an absolute valuation method to find Toronto Dominion's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Toronto Dominion where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Toronto Dominion's related companies.
| Open | High | Low | Close | Volume | |
| 60.78 | 60.82 | 60.13 | 60.38 | 3,079,479 | |
04/01/2024 | 60.36 | 60.47 | 59.48 | 59.48 | 1,911,409 |
| 60.08 | 60.16 | 58.63 | 58.63 | 1,906,775 |
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Toronto Dominion Trading Date Momentum on April 1, 2024
| On April 02 2024 Toronto Dominion Bank was traded for 58.63 at the closing time. The highest price during the trading period was 60.16 and the lowest recorded bid was listed for 58.63 . The volume for the day was 1.9 M. This history from April 2, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.43% . The trading price change to the current price is 3.30% . |
Toronto Dominion Bank Fundamentals Correlations and Trends
By evaluating Toronto Dominion's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Toronto Dominion's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Toronto financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Toronto Dominion Stock history
Toronto Dominion investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Toronto is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Toronto Dominion Bank will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Toronto Dominion stock prices may prove useful in developing a viable investing in Toronto Dominion
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 2.1 B | 1.8 B | |
| Net Income Applicable To Common Shares | 11.8 B | 6.9 B |
Toronto Dominion Stock Technical Analysis
Toronto Dominion technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Toronto Dominion Period Price Range
Low | April 1, 2024
| High |
60.36 | 59.48 |
Toronto Dominion May 5, 2024 Market Strength
Market strength indicators help investors to evaluate how Toronto Dominion stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Toronto Dominion shares will generate the highest return on investment. By undertsting and applying Toronto Dominion stock market strength indicators, traders can identify Toronto Dominion Bank entry and exit signals to maximize returns
| Accumulation Distribution | 31293.12 | |||
| Daily Balance Of Power | (0.89) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 59.97 | |||
| Day Typical Price | 59.81 | |||
| Price Action Indicator | (0.94) | |||
| Period Momentum Indicator | (4.82) |
Toronto Dominion Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Toronto Dominion's price direction in advance. Along with the technical and fundamental analysis of Toronto Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Toronto to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | (1.28) |
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Toronto Dominion Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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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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Is Toronto Dominion's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Toronto Dominion. If investors know Toronto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Toronto Dominion listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.888 | Dividend Share 3.9 | Earnings Share 4.61 | Revenue Per Share 27.824 | Quarterly Revenue Growth 0.104 |
The market value of Toronto Dominion Bank is measured differently than its book value, which is the value of Toronto that is recorded on the company's balance sheet. Investors also form their own opinion of Toronto Dominion's value that differs from its market value or its book value, called intrinsic value, which is Toronto Dominion's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Toronto Dominion's market value can be influenced by many factors that don't directly affect Toronto Dominion's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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.