Touchstone Premium Yield Fund Price on June 7, 2023

TPYYX Fund  USD 8.87  0.03  0.34%   
Below is the normalized historical share price chart for Touchstone Premium Yield extending back to August 12, 2008. 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 Premium stands at 8.87, as last reported on the 28th of November, with the highest price reaching 8.87 and the lowest price hitting 8.87 during the day.
 
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If you're considering investing in Touchstone Mutual Fund, it is important to understand the factors that can impact its price. Touchstone Premium Yield owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0083, which indicates the fund had a -0.0083% return per unit of risk over the last 3 months. Touchstone Premium Yield exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Touchstone Premium's Variance of 0.8994, risk adjusted performance of (0.00000503), and Coefficient Of Variation of (39,804) 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 = -0.0083

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Estimated Market Risk

 0.96
  actual daily
8
92% of assets are more volatile

Expected Return

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

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Touchstone Premium 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 Premium by adding Touchstone Premium to a well-diversified portfolio.

Touchstone Premium Valuation on June 7, 2023

It is possible to determine the worth of Touchstone Premium on a given historical date. On June 7, 2023 Touchstone was worth 7.51 at the beginning of the trading date compared to the closed value of 7.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Touchstone Premium mutual fund. Still, in general, we apply an absolute valuation method to find Touchstone Premium'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 Premium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Touchstone Premium's related companies.
 Open High Low Close Volume
  7.53    7.53    7.53    7.53    1.00  
06/07/2023
  7.51    7.51    7.51    7.51    1.00  
  7.56    7.56    7.56    7.56    1.00  
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Open Value
7.51
7.51
Closing Value
10.39
Upside

Touchstone Premium Trading Date Momentum on June 7, 2023

On June 08 2023 Touchstone Premium Yield was traded for  7.56  at the closing time. The highest daily price throughout the period was 7.56  and the lowest price was  7.56 . There was no trading activity during the period 1.0. Lack of trading volume on 06/08/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.67% . The trading price change to current closing price is 1.86% .

Touchstone Premium Yield Fundamentals Correlations and Trends

By evaluating Touchstone Premium'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 Premium'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 Premium Mutual Fund history

Touchstone Premium 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 Premium Yield 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 Premium stock prices may prove useful in developing a viable investing in Touchstone Premium
The fund invests, under normal circumstances, at least 80 percent of its assets in equity and equity-related securities issued by companies in foreign countries. The fund invests primarily in a portfolio of equity securities such as common stock, preferred stock, and depositary receipts.

Touchstone Premium Mutual Fund Technical Analysis

Touchstone Premium 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 Premium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Touchstone Premium 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 Premium Period Price Range

Low
November 28, 2024
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High

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Touchstone Premium Yield 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 Premium November 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Touchstone Premium 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 Premium shares will generate the highest return on investment. By undertsting and applying Touchstone Premium mutual fund market strength indicators, traders can identify Touchstone Premium Yield entry and exit signals to maximize returns

Touchstone Premium Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Touchstone Premium'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 Premium 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 Premium security.
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