TDF Stock Summary and Trading Ideas (Templeton Dragon | NYSE:TDF)

The Fund seeks long-term capital appreciation by investing at least 45% of its total assets in equity securities of “China companies.” The funds investment strategy employs a fundamental, value-oriented, long-term approach. In selecting companies for investment, the fund will consider overall growth prospects, competitive positions in export markets, technologies, research and development, productivity, labor costs, and raw material costs and sources. Additional considerations include profit margins, returns on investment, capital resources, government regulation, management and other factors in comparison to other companies around the world that the fund believe are comparable. The funds approach to selecting investments emphasizes fundamental, company-by-company analysis (rather than broader analyses of specific industries or sectors of the economy), to construct an “action list” from which management make buy decisions. Although management will consider historical value measures, the primary factor in selecting securities for investment by the Fund will be the company’s current price relative to its long-term earnings potential.

Templeton Dragon trades on the NYSE stock market under the symbol TDF.

As of April 22, 2024, TDF stock price climbed to $7.88 with 70,483 million shares trading.

TDF has a beta of 1.00, meaning it tends to be more sensitive to market movements. TDF has a correlation of 0.24 to the broad based SPY ETF.

TDF has a market cap of $199.78 million. This is considered a Micro Cap stock.

In the last 3 years, TDF stock traded as high as $23.93 and as low as $7.15.

TDF stock has underperformed the market in the last year with a return of -22.3%, while SPY returned +22.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TDF shares. However, TDF has outperformed the market in the last 3 month and 2 week periods, returning +5.9% and -0.8%, while SPY returned +3.9% and -3.6%, respectively. This indicates TDF has been having a stronger performance recently.

TDF support price is $7.70 and resistance is $7.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TDF stock will trade within this expected range on the day.