Touchstone Etf Trust Etf Performance
| TSEC Etf | 25.97 0.01 0.04% |
The entity has a beta of -0.0494, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Touchstone ETF are expected to decrease at a much lower rate. During the bear market, Touchstone ETF is likely to outperform the market.
Risk-Adjusted Performance
5 of 100
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Touchstone ETF Trust are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound technical and fundamental indicators, Touchstone ETF is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Touchstone |
Touchstone ETF Relative Risk vs. Return Landscape
If you would invest 2,579 in Touchstone ETF Trust on October 9, 2024 and sell it today you would earn a total of 18.00 from holding Touchstone ETF Trust or generate 0.7% return on investment over 90 days. Touchstone ETF Trust is currently generating 0.0115% in daily expected returns and assumes 0.1713% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% 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 = 0.0674
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| Negative Returns | TSEC |
Estimated Market Risk
| 0.17 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
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Touchstone ETF is performing at about 5% 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.
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.
Touchstone ETF is entity of United States. It is traded as Etf on NYSE ARCA exchange.