Touchstone Mid Financials
| TMCPX Fund | USD 53.46 0.01 0.02% |
Touchstone |
Please note that past performance is not an indicator of the future performance of Touchstone Mid, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Touchstone Mid Fund Summary
Touchstone Mid competes with Touchstone Small, Touchstone Sands, Mid Cap, Mid Cap, and Sentinel Small. The fund invests, under normal market conditions, at least 80 percent of its assets in common stocks of medium capitalization U.S. listed companies. For purposes of the fund, a medium capitalization company has a market capitalization found within the range of market capitalizations represented in the Russell Midcap Index at the time of purchase. The size of the companies in the Russell Midcap Index will change with market conditions.Specialization | Mid-Cap Blend, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US89155H7935 |
| Business Address | Touchstone Funds Group |
| Mutual Fund Family | Touchstone |
| Mutual Fund Category | Mid-Cap Blend |
| Benchmark | NYSE Composite |
| Phone | 800 543 0407 |
| Currency | USD - US Dollar |
Touchstone Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Touchstone Mid's current stock value. Our valuation model uses many indicators to compare Touchstone Mid value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Touchstone Mid competition to find correlations between indicators driving Touchstone Mid's intrinsic value. More Info.Touchstone Mid Cap is rated top fund in price to earning among similar funds. It is rated top fund in price to book among similar funds fabricating about 0.14 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Touchstone Mid Cap is roughly 7.14 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Touchstone Mid by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Touchstone Mid's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Touchstone Mid's earnings, one of the primary drivers of an investment's value.Touchstone Mid Cap Systematic Risk
Touchstone Mid's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Touchstone Mid volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Touchstone Mid Cap correlated with the market. If Beta is less than 0 Touchstone Mid generally moves in the opposite direction as compared to the market. If Touchstone Mid Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Touchstone Mid Cap is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Touchstone Mid is generally in the same direction as the market. If Beta > 1 Touchstone Mid moves generally in the same direction as, but more than the movement of the benchmark.
Touchstone Mid April 28, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Touchstone Mid help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Touchstone Mid Cap. We use our internally-developed statistical techniques to arrive at the intrinsic value of Touchstone Mid Cap based on widely used predictive technical indicators. In general, we focus on analyzing Touchstone Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Touchstone Mid's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.9714 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 3.9 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 1.43 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Touchstone Mid Cap. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.