Touchstone Arbitrage Financial Statements From 2010 to 2024
| TMACX Fund | USD 8.76 0.01 0.11% |
Check Touchstone Arbitrage financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Touchstone Arbitrage'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 Arbitrage Valuation or Volatility modules.
Touchstone |
Touchstone Arbitrage Fund Mutual Fund Price To Earning Analysis
Touchstone Arbitrage's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Touchstone Arbitrage Price To Earning | 28.22 X |
Most of Touchstone Arbitrage's fundamental indicators, such as Price To Earning, 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 Arbitrage Fund is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Based on the latest financial disclosure, Touchstone Arbitrage Fund has a Price To Earning of 28.22 times. This is much higher than that of the Touchstone family and significantly higher than that of the High Yield Bond category. The price to earning for all United States funds is notably lower than that of the firm.
Touchstone Arbitrage Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Touchstone Arbitrage's current stock value. Our valuation model uses many indicators to compare Touchstone Arbitrage value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Touchstone Arbitrage competition to find correlations between indicators driving Touchstone Arbitrage's intrinsic value. More Info.Touchstone Arbitrage Fund is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.08 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Touchstone Arbitrage Fund is roughly 13.19 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Touchstone Arbitrage's earnings, one of the primary drivers of an investment's value.About Touchstone Arbitrage Financial Statements
Touchstone Arbitrage investors use historical fundamental indicators, such as Touchstone Arbitrage's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Touchstone Arbitrage. Please read more on our technical analysis and fundamental analysis pages.
The fund invests, under normal circumstances, at least 80 percent of its assets in U.S. and non-U.S. debt instruments. The fund seeks to achieve its investment goal by investing in a wide array of debt securities or other debt instruments. The fund is non-diversified.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Touchstone Mutual Fund
Touchstone Arbitrage financial ratios help investors to determine whether Touchstone Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Touchstone with respect to the benefits of owning Touchstone Arbitrage security.
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |