Toronto Net Income Per Share from 2010 to 2026
| TD Stock | CAD 129.93 0.25 0.19% |
Net Income Per Share | First Reported 2010-12-31 | Previous Quarter 10.71 | Current Value 11.24 | Quarterly Volatility 3.05037877 |
Check Toronto Dominion financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toronto Dominion's main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.3 B, Interest Expense of 65.9 B or Selling General Administrative of 29.4 B, as well as many indicators such as Price To Sales Ratio of 1.58, Dividend Yield of 0.0266 or PTB Ratio of 1.86. Toronto financial statements analysis is a perfect complement when working with Toronto Dominion Valuation or Volatility modules.
Toronto | Net Income Per Share |
Evaluating Toronto Dominion's Net Income Per Share across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Toronto Dominion Bank's fundamental strength.
Latest Toronto Dominion's Net Income Per Share Growth Pattern
Below is the plot of the Net Income Per Share of Toronto Dominion Bank over the last few years. It is Toronto Dominion's Net Income Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Toronto Dominion's overall financial position and show how it may be relating to other accounts over time.
| Net Income Per Share | 10 Years Trend |
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Net Income Per Share |
| Timeline |
Toronto Net Income Per Share Regression Statistics
| Arithmetic Mean | 6.35 | |
| Geometric Mean | 5.45 | |
| Coefficient Of Variation | 48.04 | |
| Mean Deviation | 2.34 | |
| Median | 5.83 | |
| Standard Deviation | 3.05 | |
| Sample Variance | 9.30 | |
| Range | 11.2355 | |
| R-Value | 0.87 | |
| Mean Square Error | 2.37 | |
| R-Squared | 0.76 | |
| Slope | 0.53 | |
| Total Sum of Squares | 148.88 |
Toronto Net Income Per Share History
About Toronto Dominion Financial Statements
Toronto Dominion investors utilize fundamental indicators, such as Net Income Per Share, to predict how Toronto Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Income Per Share | 10.71 | 11.24 |
Pair Trading with Toronto Dominion
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Toronto Dominion position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Toronto Dominion will appreciate offsetting losses from the drop in the long position's value.Moving against Toronto Stock
The ability to find closely correlated positions to Toronto Dominion could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Toronto Dominion when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Toronto Dominion - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Toronto Dominion Bank to buy it.
The correlation of Toronto Dominion is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Toronto Dominion moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Toronto Dominion Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Toronto Dominion can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Toronto Dominion Correlation against competitors. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.