Touchstone Arbitrage Fund Buy Hold or Sell Recommendation
| TMARX Fund | USD 9.12 0.01 0.11% |
Assuming the 90 days horizon and your bold attitude towards risk, our recommendation regarding Touchstone Arbitrage Fund is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Touchstone Arbitrage Fund given historical horizon and risk tolerance towards Touchstone Arbitrage. When Macroaxis issues a 'buy' or 'sell' recommendation for Touchstone Arbitrage Fund, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Touchstone Arbitrage 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 Arbitrage Fund. Also, note that the market value of any mutual fund could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
TOUCHSTONE |
Execute Touchstone Arbitrage 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 Arbitrage Fund. Macroaxis does not own or have any residual interests in Touchstone Arbitrage Fund or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Touchstone Arbitrage's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details |
Touchstone Arbitrage Trading Alerts and Improvement Suggestions
| The fund maintains about 13.78% of its assets in bonds |
Touchstone Arbitrage Returns Distribution Density
The distribution of Touchstone Arbitrage's historical returns is an attempt to chart the uncertainty of Touchstone Arbitrage's future price movements. The chart of the probability distribution of Touchstone Arbitrage daily returns describes the distribution of returns around its average expected value. We use Touchstone Arbitrage Fund price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Touchstone Arbitrage returns is essential to provide solid investment advice for Touchstone Arbitrage.
| Mean Return | 0.02 | Value At Risk | -0.22 | Potential Upside | 0.33 | Standard Deviation | 0.16 |
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 Arbitrage 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 Arbitrage 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 Arbitrage 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 Arbitrage's price will be affected by overall mutual fund 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 fund'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 | 0.0008 | |
β | Beta against Dow Jones | 0.07 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | -0.73 |
Touchstone Arbitrage Volatility Alert
Touchstone Arbitrage Fund exhibits very low volatility with skewness of -0.52 and kurtosis of 1.58. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Touchstone Arbitrage's mutual fund risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Touchstone Arbitrage's mutual fund 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 Arbitrage Fundamentals Vs Peers
Comparing Touchstone Arbitrage'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 Arbitrage's direct or indirect competition across all of the common fundamentals between Touchstone Arbitrage and the related equities. This way, we can detect undervalued stocks with similar characteristics as Touchstone Arbitrage or determine the mutual funds which would be an excellent addition to an existing portfolio. Peer analysis of Touchstone Arbitrage's fundamental indicators could also be used in its relative valuation, which is a method of valuing Touchstone Arbitrage by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Touchstone Arbitrage to competition |
| Fundamentals | Touchstone Arbitrage | Peer Average |
| Price To Earning | 28.22 X | 6.53 X |
| Price To Book | 2.14 X | 0.74 X |
| Price To Sales | 1.55 X | 0.61 X |
| Annual Yield | 0.08 % | 0.29 % |
| Year To Date Return | 7.67 % | 0.39 % |
| One Year Return | 12.67 % | 4.15 % |
| Three Year Return | 3.84 % | 3.60 % |
| Five Year Return | 5.39 % | 3.24 % |
| Net Asset | 290.28 M | 4.11 B |
| Last Dividend Paid | 0.08 | 0.65 |
| Cash Position Weight | 3.38 % | 10.61 % |
| Equity Positions Weight | 2.19 % | 63.90 % |
| Bond Positions Weight | 13.78 % | 11.24 % |
Touchstone Arbitrage 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 | 9.2 T | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 9.12 | |||
| Day Typical Price | 9.12 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 | |||
| Relative Strength Index | 72.6 |
About Touchstone Arbitrage Buy or Sell Advice
When is the right time to buy or sell Touchstone Arbitrage Fund? Buying financial instruments such as TOUCHSTONE Mutual Fund 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.
Use Investing Ideas to Build Portfolios
In addition to having Touchstone Arbitrage in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Food Products
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Food Products Theme or any other thematic opportunities.
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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.
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |