Touchstone Ohio Tax Fund Probability of Future Mutual Fund Price Finishing Over 11.61
| TOHIX Fund | USD 10.97 0.01 0.09% |
Touchstone |
Touchstone Ohio Target Price Odds to finish over 11.61
The tendency of Touchstone Mutual Fund price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 11.61 or more in 90 days |
| 10.97 | 90 days | 11.61 | close to zero percent |
Based on a normal probability distribution, the odds of Touchstone Ohio to move over $ 11.61 or more in 90 days from now is close to zero percent (This Touchstone Ohio Tax probability density function shows the probability of Touchstone Mutual Fund to fall within a particular range of prices over 90 days) . Probability of Touchstone Ohio Tax price to stay between its current price of $ 10.97 and $ 11.61 at the end of the 90-day period is about 12.71 .
Assuming the 90 days horizon Touchstone Ohio Tax has a beta of -0.0844. This usually implies as returns on the benchmark increase, returns on holding Touchstone Ohio are expected to decrease at a much lower rate. During a bear market, however, Touchstone Ohio Tax is likely to outperform the market. Additionally Touchstone Ohio Tax has an alpha of 0.0082, implying that it can generate a 0.008177 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Touchstone Ohio Price Density |
| Price |
Predictive Modules for Touchstone Ohio
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Touchstone Ohio Tax. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Touchstone Ohio Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Touchstone Ohio is not an exception. The market had few large corrections towards the Touchstone Ohio's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Touchstone Ohio Tax, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Touchstone Ohio within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.01 | |
β | Beta against Dow Jones | -0.08 | |
σ | Overall volatility | 0.06 | |
Ir | Information ratio | -0.56 |
Touchstone Ohio Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Touchstone Ohio for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Touchstone Ohio Tax can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The fund maintains most of the assets in different exotic instruments. |
Touchstone Ohio Technical Analysis
Touchstone Ohio's future price can be derived by breaking down and analyzing its technical indicators over time. Touchstone Mutual Fund technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Touchstone Ohio Tax. In general, you should focus on analyzing Touchstone Mutual Fund price patterns and their correlations with different microeconomic environments and drivers.
Touchstone Ohio Predictive Forecast Models
Touchstone Ohio's time-series forecasting models is one of many Touchstone Ohio's mutual fund analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Touchstone Ohio's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the mutual fund market movement and maximize returns from investment trading.
Things to note about Touchstone Ohio Tax
Checking the ongoing alerts about Touchstone Ohio for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Touchstone Ohio Tax help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The fund maintains most of the assets in different exotic instruments. |
Other Information on Investing in Touchstone Mutual Fund
Touchstone Ohio 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 Ohio security.
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges |