Touchstone Mutual Fund Quote

TMCJX -  USA Fund  

USD 45.16  1.06  2.29%

Touchstone Mid is trading at 45.16 as of the 29th of November 2021; that is -2.29 percent decrease since the beginning of the trading day. The fund's open price was 46.22. Touchstone Mid has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Touchstone Mid Cap are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of September 2021 and ending today, the 29th of November 2021. Click here to learn more.
Market Performance
2 of 100
Odds Of Distress
Less than 1
The fund invests, under normal market conditions, at least 80 percent of its assets in common stocks of medium capitalization U.S. listed companies. Touchstone Mid is traded on NASDAQ Exchange in the United States.. More on Touchstone Mid Cap

Touchstone Mid Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Touchstone Mid's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Touchstone Mid or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The fund maintains 96.16% of its assets in stocks
Legal NameTouchstone Mid Cap
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Touchstone Mid's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyFairly Valued
Beta In Three Year0.96
Startdate8th of December 2011
Touchstone Mid Cap [TMCJX] is traded in USA and was established 29th of November 2021. The fund is listed under Mid-Cap Blend category and is part of Touchstone family. Touchstone Mid Cap at this time has accumulated 5.27 B in assets with minimum initial investment of 2.5 K. , while the total return for the last 3 years was 10.01%.
Check Touchstone Mid Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Touchstone Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Touchstone Mid , and the less return is expected.

Top Touchstone Mid Cap Constituents

Touchstone Mid Target Price Odds Analysis

What are Touchstone Mid's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Touchstone Mid jumping above the current price in 90 days from now is about 31.97%. The Touchstone Mid Cap probability density function shows the probability of Touchstone Mid mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Touchstone Mid has a beta of 0.9498. This usually implies Touchstone Mid Cap market returns are sensitive to returns on the market. As the market goes up or down, Touchstone Mid is expected to follow. Additionally, the company has an alpha of 0.0439, implying that it can generate a 0.0439 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 45.16HorizonTargetOdds Up 45.16 
67.63%90 days
Based on a normal probability distribution, the odds of Touchstone Mid to move above the current price in 90 days from now is about 31.97 (This Touchstone Mid Cap probability density function shows the probability of Touchstone Mutual Fund to fall within a particular range of prices over 90 days) .

Touchstone Mid Cap Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Touchstone Mid market risk premium is the additional return an investor will receive from holding Touchstone Mid long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Touchstone Mid. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Touchstone Mid's alpha and beta are two of the key measurements used to evaluate Touchstone Mid's performance over the market, the standard measures of volatility play an important role as well.

Touchstone Mid Against Markets

Picking the right benchmark for Touchstone Mid mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Touchstone Mid mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Touchstone Mid is critical whether you are bullish or bearish towards Touchstone Mid Cap at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Touchstone Mid without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at World Market Map. Note that the Touchstone Mid Cap information on this page should be used as a complementary analysis to other Touchstone Mid'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

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When running Touchstone Mid Cap 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 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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Please note, there is a significant difference between Touchstone Mid's value and its price as these two are different measures arrived at by different means. Investors typically determine Touchstone Mid value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Touchstone Mid'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.