Touchstone Global One Year Return vs. Three Year Return
| TGGAXDelisted Fund | USD 10.86 0.00 0.00% |
For Touchstone Global profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Touchstone Global to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Touchstone Global Growth utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Touchstone Global's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Touchstone Global Growth over time as well as its relative position and ranking within its peers.
Touchstone |
Touchstone Global Growth Three Year Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Touchstone Global's current stock value. Our valuation model uses many indicators to compare Touchstone Global value to that of its competitors to determine the firm's financial worth. Touchstone Global Growth is rated second largest fund in one year return among similar funds. It is rated top fund in three year return among similar funds reporting about 0.56 of Three Year Return per One Year Return. The ratio of One Year Return to Three Year Return for Touchstone Global Growth is roughly 1.78 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Touchstone Global by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Touchstone Global'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 Global's earnings, one of the primary drivers of an investment's value.Touchstone Three Year Return vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Touchstone Global |
| = | 8.89 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
Touchstone Global |
| = | 4.99 % |
Although Three Year Fund Return indicator can give a sense of overall fund mid-term potential, it is recommended to compare fund performances against other similar funds, ETFs, or market benchmarks for the same 3 year interval.
Touchstone Three Year Return Comparison
Touchstone Global is currently under evaluation in three year return among similar funds.
Touchstone Global Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Touchstone Global, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Touchstone Global will eventually generate negative long term returns. The profitability progress is the general direction of Touchstone Global's change in net profit over the period of time. It can combine multiple indicators of Touchstone Global, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
The investment seeks to achieve long-term capital appreciation. Touchstone International is traded on NASDAQ Exchange in the United States.
Touchstone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Touchstone Global. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Touchstone Global position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Touchstone Global's important profitability drivers and their relationship over time.
| One Year Return vs Five Year Return | ||
| Net Asset vs Three Year Return | ||
| One Year Return vs Minimum Initial Investment | ||
| Cash Position Weight vs Three Year Return | ||
| One Year Return vs Equity Positions Weight |
Use Touchstone Global in pair-trading
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 Touchstone Global 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 Touchstone Global will appreciate offsetting losses from the drop in the long position's value.Touchstone Global Pair Trading
Touchstone Global Growth Pair Trading Analysis
The ability to find closely correlated positions to Touchstone Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Touchstone Global 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 Touchstone Global - 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 Touchstone Global Growth to buy it.
The correlation of Touchstone Global 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 Touchstone Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Touchstone Global Growth 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 Touchstone Global 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.Use Investing Themes to Complement your Touchstone Global position
In addition to having Touchstone Global in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Compulsion Thematic Idea Now
Compulsion
Companies involved in research, development, and manufacturing of products with compulsion characteristics such as cigarettes, addictive drugs and alcohol. The Compulsion theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Compulsion Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. 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 nation. Note that the Touchstone Global Growth information on this page should be used as a complementary analysis to other Touchstone Global'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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Touchstone Mutual Fund
If you are still planning to invest in Touchstone Global Growth check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Touchstone Global's history and understand the potential risks before investing.
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