Touchstone ETF Financials
| DVND Etf | USD 31.52 0.08 0.25% |
Net Expense Ratio 0.0067 |
Touchstone |
The data published in Touchstone ETF's official financial statements typically reflect Touchstone ETF's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving Touchstone ETF's quantitative information. For example, before you start analyzing numbers published by Touchstone accountants, it's essential to understand Touchstone ETF's liquidity, profitability, and earnings quality within the context of the Touchstone space in which it operates.
Please note, the presentation of Touchstone ETF's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Touchstone ETF's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Touchstone ETF's management manipulating its earnings.
Touchstone ETF Etf Summary
Touchstone ETF competes with Vanguard Dividend, Schwab Dividend, Vanguard Real, Vanguard Total, and Vanguard. The fund invests, under normal market conditions, at least 80 percent of its assets in equity securities of U.S. large-cap companies that have historically paid dividends. Touchstone Dividend is traded on NYSEARCA Exchange in the United States.| Instrument | USA Etf View All |
| Exchange | NYSE ARCA Exchange |
| ISIN | US89157W1036 |
| CUSIP | 89157W103 |
| Region | North America |
| Investment Issuer | Touchstone Investments |
| Etf Family | Touchstone |
| Fund Category | Strategy |
| Portfolio Concentration | High Dividend Yield |
| Benchmark | Dow Jones Industrial |
| Phone | NA |
| Currency | USD - US Dollar |
Touchstone Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Touchstone ETF's current stock value. Our valuation model uses many indicators to compare Touchstone ETF value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Touchstone ETF competition to find correlations between indicators driving Touchstone ETF's intrinsic value. More Info.Touchstone ETF Trust is one of the top ETFs in one year return as compared to similar ETFs. It also is one of the top ETFs in net asset as compared to similar ETFs making up about 842,066 of Net Asset per One Year Return. Comparative valuation analysis is a catch-all technique that is used if you cannot value Touchstone ETF by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Touchstone ETF Trust Systematic Risk
Touchstone ETF's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Touchstone ETF 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 output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Touchstone ETF Trust correlated with the market. If Beta is less than 0 Touchstone ETF generally moves in the opposite direction as compared to the market. If Touchstone ETF Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Touchstone ETF Trust is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Touchstone ETF is generally in the same direction as the market. If Beta > 1 Touchstone ETF moves generally in the same direction as, but more than the movement of the benchmark.
About Touchstone ETF Financials
What exactly are Touchstone ETF Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Touchstone ETF's income statement, its balance sheet, and the statement of cash flows. Potential Touchstone ETF investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Touchstone ETF investors may use each financial statement separately, they are all related. The changes in Touchstone ETF's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Touchstone ETF's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Touchstone ETF Thematic Clasifications
Touchstone ETF Trust is part of several thematic ideas from Strategy ETFs to High Dividend Yield ETFs. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasTouchstone ETF November 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Touchstone ETF help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Touchstone ETF Trust. We use our internally-developed statistical techniques to arrive at the intrinsic value of Touchstone ETF Trust based on widely used predictive technical indicators. In general, we focus on analyzing Touchstone Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Touchstone ETF's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.7139 | |||
| Information Ratio | 0.0018 | |||
| Maximum Drawdown | 3.08 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.06 |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Touchstone ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
The market value of Touchstone ETF Trust is measured differently than its book value, which is the value of Touchstone that is recorded on the company's balance sheet. Investors also form their own opinion of Touchstone ETF's value that differs from its market value or its book value, called intrinsic value, which is Touchstone ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Touchstone ETF's market value can be influenced by many factors that don't directly affect Touchstone ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Touchstone ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Touchstone ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Touchstone ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.