Touchstone Ohio Tax Fund Price on December 3, 2024
| TOHIX Fund | USD 10.97 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 10.97, as last reported on the 11th of December 2024, with the highest price reaching 10.97 and the lowest price hitting 10.97 during the day.
If you're considering investing in Touchstone Mutual Fund, it is important to understand the factors that can impact its price. At this stage we consider Touchstone Mutual Fund to be very steady. Touchstone Ohio Tax owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0287, which indicates the fund had a 0.0287% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Touchstone Ohio Tax, which you can use to evaluate the volatility of the fund. Please validate Touchstone Ohio's Coefficient Of Variation of 2412.15, semi deviation of 0.17, and Risk Adjusted Performance of 0.0048 to confirm if the risk estimate we provide is consistent with the expected return of 0.006%.
Touchstone Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Touchstone |
Sharpe Ratio = 0.0287
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Estimated Market Risk
| 0.21 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
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Touchstone Ohio is performing at about 2% 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 Ohio by adding it to a well-diversified portfolio.
Touchstone Ohio Valuation on December 3, 2024
It is possible to determine the worth of Touchstone Ohio on a given historical date. On December 3, 2024 Touchstone was worth 10.98 at the beginning of the trading date compared to the closed value of 10.98. 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 | |
| 10.97 | 10.97 | 10.97 | 10.97 | 1.00 | |
12/03/2024 | 10.98 | 10.98 | 10.98 | 10.98 | 1.00 |
| 10.98 | 10.98 | 10.98 | 10.98 | 1.00 |
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Touchstone Ohio Trading Date Momentum on December 3, 2024
| On December 04 2024 Touchstone Ohio Tax was traded for 10.98 at the closing time. The highest daily price throughout the period was 10.98 and the lowest price was 10.98 . There was no trading activity during the period 1.0. Lack of trading volume on 12/04/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.09% . |
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.
Price Boundaries
Touchstone Ohio Period Price Range
Low | December 11, 2024
| 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 December 11, 2024 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.
| Risk Adjusted Performance | 0.0048 | |||
| Jensen Alpha | 0.0082 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.35) | |||
| Treynor Ratio | 0.0176 |
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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.
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |