Touchstone Etf Trust Etf Performance
| DVND Etf | USD 32.60 0.15 0.46% |
The entity has a beta of 0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Touchstone ETF's returns are expected to increase less than the market. However, during the bear market, the loss of holding Touchstone ETF is expected to be smaller as well.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Touchstone ETF Trust are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, Touchstone ETF is not utilizing all of its potentials. The recent stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
1 | Trading Report - Stock Traders Daily | 09/25/2024 |
2 | Investment Analysis and Advice - Stock Traders Daily | 11/19/2024 |
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Touchstone ETF Relative Risk vs. Return Landscape
If you would invest 3,064 in Touchstone ETF Trust on September 3, 2024 and sell it today you would earn a total of 196.00 from holding Touchstone ETF Trust or generate 6.4% return on investment over 90 days. Touchstone ETF Trust is currently generating 0.0986% in daily expected returns and assumes 0.5792% risk (volatility on return distribution) over the 90 days horizon. In different words, 5% of etfs are less volatile than Touchstone, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Touchstone ETF Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Touchstone ETF's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Touchstone ETF Trust, and traders can use it to determine the average amount a Touchstone ETF's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1702
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Estimated Market Risk
| 0.58 actual daily | 5 95% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Touchstone ETF is performing at about 13% 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 ETF by adding it to a well-diversified portfolio.
Touchstone ETF Fundamentals Growth
Touchstone Etf prices reflect investors' perceptions of the future prospects and financial health of Touchstone ETF, and Touchstone ETF fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Touchstone Etf performance.
| Total Asset | 22.82 M | |||
About Touchstone ETF Performance
By analyzing Touchstone ETF's fundamental ratios, stakeholders can gain valuable insights into Touchstone ETF's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Touchstone ETF has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Touchstone ETF has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The fund invests, under normal market conditions, at least 80 percent of its assets in equity securities of U.S. large-cap companies that have historically paid dividends. Touchstone Dividend is traded on NYSEARCA Exchange in the United States.| Latest headline from news.google.com: Investment Analysis and Advice - Stock Traders Daily | |
| The fund retains 94.76% of its assets under management (AUM) in equities |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Touchstone ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
The market value of Touchstone ETF Trust is measured differently than its book value, which is the value of Touchstone that is recorded on the company's balance sheet. Investors also form their own opinion of Touchstone ETF's value that differs from its market value or its book value, called intrinsic value, which is Touchstone ETF's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Touchstone ETF's market value can be influenced by many factors that don't directly affect Touchstone ETF's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Touchstone ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Touchstone ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Touchstone ETF's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.