TD Global Valuation
| TEC Etf | CAD 48.04 0.07 0.15% |
At this time, the etf appears to be overvalued. TD Global Technology owns a latest Real Value of C$46.04 per share. The recent price of the etf is C$48.04. Our model measures the value of TD Global Technology from examining the etf fundamentals such as Earnings Per Share of 0.15 X, net asset of 293.68 M, and Total Asset of 293.68 M as well as evaluating its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that TD Global's price fluctuation is very steady at this time. Calculation of the real value of TD Global Technology is based on 3 months time horizon. Increasing TD Global's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since TD Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of TEC Etf. However, TD Global's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 48.04 | Real 46.04 | Hype 48.04 | Naive 47.41 |
The intrinsic value of TD Global's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence TD Global's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of TD Global Technology helps investors to forecast how TEC etf's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of TD Global more accurately as focusing exclusively on TD Global's fundamentals will not take into account other important factors: About TD Global Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of TD Global Technology. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of TD Global Technology based exclusively on its fundamental and basic technical indicators. By analyzing TD Global's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of TD Global's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of TD Global. We calculate exposure to TD Global's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of TD Global's related companies.TD Global Technology Leaders Index ETF seeks to track, to the extent reasonably possible and before the deduction of fees and expenses, the performance of a global equity index which measures the investment return of global mid- and large-capitalization issuers related to technology. TD GLOBAL is traded on Toronto Stock Exchange in Canada.
Other Information on Investing in TEC Etf
TD Global financial ratios help investors to determine whether TEC Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TEC with respect to the benefits of owning TD Global security.