Touchstone Etf Trust Etf Buy Hold or Sell Recommendation
| DVND Etf | USD 32.45 0.07 0.22% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Touchstone ETF Trust is 'Sell'. Macroaxis provides Touchstone ETF buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding DVND positions.
Check out Touchstone ETF Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual funds such as Touchstone and provide practical buy, sell, or hold recommendation based on investors' investing horizon and their risk tolerance towards Touchstone ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Touchstone |
Execute Touchstone ETF Buy or Sell Advice
The Touchstone recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Touchstone ETF Trust. Macroaxis does not own or have any residual interests in Touchstone ETF Trust or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Touchstone ETF's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Not Available | Details | |
Financial Leverage | Not Rated | Details |
Touchstone ETF Trading Alerts and Improvement Suggestions
| Latest headline from news.google.com: Investment Analysis and Advice - Stock Traders Daily | |
| The fund retains 94.76% of its assets under management (AUM) in equities |
Touchstone ETF Returns Distribution Density
The distribution of Touchstone ETF's historical returns is an attempt to chart the uncertainty of Touchstone ETF's future price movements. The chart of the probability distribution of Touchstone ETF daily returns describes the distribution of returns around its average expected value. We use Touchstone ETF Trust price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Touchstone ETF returns is essential to provide solid investment advice for Touchstone ETF.
| Mean Return | 0.08 | Value At Risk | -0.8 | Potential Upside | 0.98 | Standard Deviation | 0.61 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Touchstone ETF historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Touchstone ETF Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Touchstone ETF or Touchstone sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Touchstone ETF's price will be affected by overall etf market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Touchstone etf's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | -0.0081 | |
σ | Overall volatility | 0.61 | |
Ir | Information ratio | -0.08 |
Touchstone ETF Volatility Alert
Touchstone ETF Trust exhibits very low volatility with skewness of 0.2 and kurtosis of 0.0. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Touchstone ETF's etf risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Touchstone ETF's etf price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Touchstone ETF Fundamentals Vs Peers
Comparing Touchstone ETF's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Touchstone ETF's direct or indirect competition across all of the common fundamentals between Touchstone ETF and the related equities. This way, we can detect undervalued stocks with similar characteristics as Touchstone ETF or determine the etfs which would be an excellent addition to an existing portfolio. Peer analysis of Touchstone ETF's fundamental indicators could also be used in its relative valuation, which is a method of valuing Touchstone ETF by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Touchstone ETF to competition |
| Fundamentals | Touchstone ETF | Peer Average |
| One Year Return | 23.10 % | (0.97) % |
| Net Asset | 22.82 M | 2.29 B |
| Equity Positions Weight | 94.76 % | 52.82 % |
Touchstone ETF Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Touchstone . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 32.45 | |||
| Day Typical Price | 32.45 | |||
| Price Action Indicator | (0.04) | |||
| Period Momentum Indicator | (0.07) | |||
| Relative Strength Index | 52.69 |
About Touchstone ETF Buy or Sell Advice
When is the right time to buy or sell Touchstone ETF Trust? Buying financial instruments such as Touchstone Etf isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Touchstone ETF Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
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.