Touchstone Etf Trust Etf Performance
| LCF Etf | USD 31.47 0.19 0.60% |
The entity has a beta of 0.9, which indicates possible diversification benefits within a given portfolio. Touchstone ETF returns are very sensitive to returns on the market. As the market goes up or down, Touchstone ETF is expected to follow.
Risk-Adjusted Performance
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Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Touchstone ETF Trust are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. Despite nearly stable fundamental indicators, Touchstone ETF is not utilizing all of its potentials. The latest stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
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Touchstone |
Touchstone ETF Relative Risk vs. Return Landscape
If you would invest 3,081 in Touchstone ETF Trust on January 23, 2024 and sell it today you would earn a total of 66.00 from holding Touchstone ETF Trust or generate 2.14% return on investment over 90 days. Touchstone ETF Trust is generating 0.0361% of daily returns assuming volatility of 0.7028% on return distribution over 90 days investment horizon. In other words, 6% of etfs are less volatile than Touchstone, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Touchstone ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Touchstone ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Touchstone ETF Trust, and traders can use it to determine the average amount a Touchstone ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0513
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| Negative Returns | LCF |
Estimated Market Risk
| 0.7 actual daily | 6 94% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Touchstone ETF is performing at about 4% 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 ETF by adding it to a well-diversified portfolio.
Touchstone ETF Fundamentals Growth
Touchstone Etf prices reflect investors' perceptions of the future prospects and financial health of Touchstone ETF, and Touchstone ETF fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Touchstone Etf performance.
| Total Asset | 23.53 M | |||
About Touchstone ETF Performance
To evaluate Touchstone ETF Trust Etf as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Touchstone ETF generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Touchstone Etf's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Touchstone ETF Trust market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Touchstone's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund invests, under normal market conditions, at least 80 percent of its assets in U.S. Touchstone is traded on BATS Exchange in the United States.| Latest headline from finance.yahoo.com: The Latino Community Foundation Announces Get-Out-the-Vote Investments in California, Arizona, and Nevada Ahead of 2024 General Election | |
| The fund maintains 94.84% of its assets in stocks |
Check out Correlation Analysis 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 tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Touchstone ETF Trust information on this page should be used as a complementary analysis to other Touchstone ETF'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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
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.