Touchstone Mid Cap Fund Price on November 8, 2021
TMCJX Fund | USD 50.91 0.02 0.04% |
Below is the normalized historical share price chart for Touchstone Mid Cap extending back to May 14, 2007. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Touchstone Mid stands at 50.91, as last reported on the 29th of March, with the highest price reaching 50.91 and the lowest price hitting 50.91 during the day.
If you're considering investing in Touchstone Mutual Fund, it is important to understand the factors that can impact its price. We consider Touchstone Mid very steady. Touchstone Mid Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the fund had a 0.2% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Touchstone Mid Cap, which you can use to evaluate the volatility of the fund. Please validate Touchstone Mid's Semi Deviation of 0.6981, coefficient of variation of 592.87, and Risk Adjusted Performance of 0.097 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Touchstone Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Touchstone |
Sharpe Ratio = 0.1989
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Estimated Market Risk
0.84 actual daily | 7 93% of assets are more volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average Touchstone Mid is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Touchstone Mid by adding it to a well-diversified portfolio.
Touchstone Mid Valuation on November 8, 2021
It is possible to determine the worth of Touchstone Mid on a given historical date. On November 8, 2021 Touchstone was worth 40.18 at the beginning of the trading date compared to the closed value of 39.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Touchstone Mid mutual fund. Still, in general, we apply an absolute valuation method to find Touchstone Mid's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Touchstone Mid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Touchstone Mid's related companies.
Open | High | Low | Close | Volume | |
03/15/2022 | 40.18 | 40.18 | 39.40 | 39.40 | 1.00 |
41.02 | 41.02 | 40.22 | 40.22 | 1.00 |
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Touchstone Mid Trading Date Momentum on November 8, 2021
The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.Touchstone Mid Cap Fundamentals Correlations and Trends
By evaluating Touchstone Mid's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Touchstone Mid's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Touchstone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Touchstone Mid Mutual Fund history
Touchstone Mid investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Touchstone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Touchstone Mid Cap will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Touchstone Mid stock prices may prove useful in developing a viable investing in Touchstone Mid
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.
Touchstone Mid Mutual Fund Technical Analysis
Touchstone Mid technical mutual fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Touchstone Mid Period Price Range
Low | March 15, 2022
| High |
40.18 | 39.40 |
Touchstone Mid March 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Touchstone Mid mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Touchstone Mid shares will generate the highest return on investment. By undertsting and applying Touchstone Mid mutual fund market strength indicators, traders can identify Touchstone Mid Cap entry and exit signals to maximize returns
Touchstone Mid Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Touchstone Mid's price direction in advance. Along with the technical and fundamental analysis of Touchstone Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Touchstone to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.097 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.06) | |||
Sortino Ratio | 0.0051 | |||
Treynor Ratio | 0.1019 |
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Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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 inflation. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Touchstone Mutual Fund analysis
When running Touchstone Mid's price analysis, check to measure Touchstone Mid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Touchstone Mid is operating at the current time. Most of Touchstone Mid's value examination focuses on studying past and present price action to predict the probability of Touchstone Mid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Touchstone Mid's price. Additionally, you may evaluate how the addition of Touchstone Mid to your portfolios can decrease your overall portfolio volatility.
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