Touchstone Ohio Tax Fund Price on April 11, 2023

TOHIX Fund  USD 10.85  0.01  0.09%   
Below is the normalized historical share price chart for Touchstone Ohio Tax extending back to August 31, 2016. 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 Ohio stands at 10.85, as last reported on the 1st of March, with the highest price reaching 10.85 and the lowest price hitting 10.85 during the day.
 
Covid
If you're considering investing in Touchstone Mutual Fund, it is important to understand the factors that can impact its price. Touchstone Ohio Tax owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0446, which indicates the fund had a -0.0446 % return per unit of risk over the last 3 months. Touchstone Ohio Tax exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Touchstone Ohio's Risk Adjusted Performance of 0.005, coefficient of variation of 2378.4, and Semi Deviation of 0.1801 to confirm the risk estimate we provide.
  
Touchstone Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0446

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsTOHIX

Estimated Market Risk

 0.2
  actual daily
1
99% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Touchstone Ohio is not performing at its full potential. However, 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 Ohio by adding Touchstone Ohio to a well-diversified portfolio.

Touchstone Ohio Main Headline on 11th of April 2023

Converting Mutual Funds to ETFs What to Make of the Trend Morningstar

Touchstone Ohio Valuation on April 11, 2023

It is possible to determine the worth of Touchstone Ohio on a given historical date. On April 11, 2023 Touchstone was worth 10.31 at the beginning of the trading date compared to the closed value of 10.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Touchstone Ohio mutual fund. Still, in general, we apply an absolute valuation method to find Touchstone Ohio'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 Ohio where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Touchstone Ohio's related companies.
 Open High Low Close Volume
  10.30    10.30    10.30    10.30    1.00  
04/11/2023
  10.31    10.31    10.31    10.31    1.00  
  10.33    10.33    10.33    10.33    1.00  
Backtest Touchstone Ohio  |  Touchstone Ohio History  |  Touchstone Ohio Valuation   PreviousNext  
Open Value
10.31
10.31
Closing Value
10.92
Upside

Touchstone Ohio Trading Date Momentum on April 11, 2023

On April 12 2023 Touchstone Ohio Tax was traded for  10.33  at the closing time. The highest daily price throughout the period was 10.33  and the lowest price was  10.33 . There was no trading activity during the period 1.0. Lack of trading volume on 04/12/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.19% . The trading price change to current closing price is 1.36% .

Touchstone Ohio Tax Fundamentals Correlations and Trends

By evaluating Touchstone Ohio'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 Ohio'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 Ohio Mutual Fund history

Touchstone Ohio 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 Ohio Tax 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 Ohio stock prices may prove useful in developing a viable investing in Touchstone Ohio
Under normal circumstances, the fund seeks to achieve its investment goal by investing its assets primarily in high-quality, municipal debt, including general obligation bonds, revenue bonds, and pre-refunded municipal bonds. This includes but is not limited to municipal bonds that are issued by U.S. states and their subdivisions, authorities, instrumentalities and corporations, as well as obligations issued by U.S. territories that pay interest that is exempt from regular federal personal income tax.

Touchstone Ohio Mutual Fund Technical Analysis

Touchstone Ohio technical mutual fund 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, fund market cycles, or different charting patterns.
A focus of Touchstone Ohio technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Touchstone Ohio 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 Ohio Period Price Range

Low
March 1, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Touchstone Ohio Tax cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Ohio March 1, 2025 Market Strength

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

Touchstone Ohio Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Touchstone Ohio's price direction in advance. Along with the technical and fundamental analysis of Touchstone Mutual Fund 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.

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.
Bonds Directory
Find actively traded corporate debentures issued by US companies
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges