Touchstone International (China) Price on August 15, 2023

688013 Stock   19.42  0.24  1.25%   
Below is the normalized historical share price chart for Touchstone International Medical extending back to September 28, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Touchstone International stands at 19.42, as last reported on the 30th of November, with the highest price reaching 19.55 and the lowest price hitting 18.80 during the day.
200 Day MA
16.2542
50 Day MA
17.8848
Beta
0.155
 
Covid
If you're considering investing in Touchstone Stock, it is important to understand the factors that can impact its price. Touchstone International appears to be somewhat reliable, given 3 months investment horizon. Touchstone International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting Touchstone International's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Touchstone International's Risk Adjusted Performance of 0.1459, semi deviation of 2.57, and Coefficient Of Variation of 552.59 to confirm if our risk estimates are consistent with your expectations.
  
As of November 30, 2024, Total Stockholder Equity is expected to decline to about 365.8 M. In addition to that, Common Stock Shares Outstanding is expected to decline to about 76.7 M. Touchstone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1614

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Estimated Market Risk

 3.22
  actual daily
28
72% of assets are more volatile

Expected Return

 0.52
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.16
  actual daily
12
88% of assets perform better
Based on monthly moving average Touchstone International is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Touchstone International by adding it to a well-diversified portfolio.
Price Book
2.7216
Enterprise Value Ebitda
18.9148
Price Sales
5.7513
Shares Float
32.1 M
Dividend Share
0.5

Touchstone International Valuation on August 15, 2023

It is possible to determine the worth of Touchstone International on a given historical date. On August 15, 2023 Touchstone was worth 21.21 at the beginning of the trading date compared to the closed value of 21.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Touchstone International stock. Still, in general, we apply an absolute valuation method to find Touchstone International's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Touchstone International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Touchstone International's related companies.
 Open High Low Close Volume
  21.01    21.40    20.78    21.25    904,631  
08/15/2023
  21.21    21.32    20.93    21.26    610,843  
  21.28    21.50    20.98    21.08    662,812  
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Open Value
21.21
21.26
Closing Value
30.88
Upside

Touchstone International Trading Date Momentum on August 15, 2023

On August 16 2023 Touchstone International Medical was traded for  21.08  at the closing time. The highest price during the trading period was 21.50  and the lowest recorded bid was listed for  20.98 . The volume for the day was 662.8 K. This history from August 16, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.85% . The trading price change to the current price is 4.05% .

Touchstone International Fundamentals Correlations and Trends

By evaluating Touchstone International's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Touchstone International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Touchstone financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Touchstone International Stock history

Touchstone International investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Touchstone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Touchstone International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Touchstone International stock prices may prove useful in developing a viable investing in Touchstone International
Last ReportedProjected for Next Year
Common Stock Shares Outstanding81.2 M76.7 M
Net Income Applicable To Common Shares50 M44.5 M

Touchstone International Quarterly Net Working Capital

432.51 Million

Touchstone International Stock Technical Analysis

Touchstone International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Touchstone International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Touchstone International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Touchstone International Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Touchstone International Medical cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Touchstone International November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Touchstone International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Touchstone International shares will generate the highest return on investment. By undertsting and applying Touchstone International stock market strength indicators, traders can identify Touchstone International Medical entry and exit signals to maximize returns

Touchstone International Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Touchstone International's price direction in advance. Along with the technical and fundamental analysis of Touchstone Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Touchstone to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Touchstone Stock analysis

When running Touchstone International's price analysis, check to measure Touchstone International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Touchstone International is operating at the current time. Most of Touchstone International's value examination focuses on studying past and present price action to predict the probability of Touchstone International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Touchstone International's price. Additionally, you may evaluate how the addition of Touchstone International to your portfolios can decrease your overall portfolio volatility.
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