Touchstone ETF Financial Statements From 2010 to 2026
| LCF Etf | USD 42.27 0.26 0.61% |
Check Touchstone ETF financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Touchstone ETF's main balance sheet or income statement drivers, such as , as well as many indicators such as . Touchstone financial statements analysis is a perfect complement when working with Touchstone ETF Valuation or Volatility modules.
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Touchstone ETF Trust ETF Beta Analysis
Touchstone ETF's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Touchstone ETF Beta | 0.96 |
Most of Touchstone ETF's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Touchstone ETF Trust is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Touchstone ETF Trust has a Beta of 0.96. This is much higher than that of the Touchstone family and significantly higher than that of the Large Blend category. The beta for all United States etfs is notably lower than that of the firm.
About Touchstone ETF Financial Statements
Touchstone ETF stakeholders use historical fundamental indicators, such as Touchstone ETF's revenue or net income, to determine how well the company is positioned to perform in the future. Although Touchstone ETF investors may analyze each financial statement separately, they are all interrelated. For example, changes in Touchstone ETF's assets and liabilities are reflected in the revenues and expenses on Touchstone ETF's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Touchstone ETF Trust. Please read more on 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.
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Check out the analysis of Touchstone ETF Correlation against competitors. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.