Touchstone Dynamic International Etf Beta
| TDI Etf | USD 29.23 0.14 0.48% |
Touchstone Dynamic International fundamentals help investors to digest information that contributes to Touchstone Dynamic's financial success or failures. It also enables traders to predict the movement of Touchstone Etf. The fundamental analysis module provides a way to measure Touchstone Dynamic's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Touchstone Dynamic etf.
Touchstone |
Touchstone Dynamic International ETF Beta Analysis
Touchstone Dynamic's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Touchstone Dynamic Beta | 0.72 |
Most of Touchstone Dynamic's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Touchstone Dynamic International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Touchstone Dynamic International has a Beta of 0.72. This is much higher than that of the family and significantly higher than that of the Foreign Large Blend category. The beta for all United States etfs is notably lower than that of the firm.
Touchstone Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Touchstone Dynamic's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the etfs which would be a good addition to a portfolio. Peer analysis of Touchstone Dynamic could also be used in its relative valuation, which is a method of valuing Touchstone Dynamic by comparing valuation metrics of similar companies.Touchstone Dynamic is currently under evaluation in beta as compared to similar ETFs.
As returns on the market increase, Touchstone Dynamic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Touchstone Dynamic is expected to be smaller as well.
Touchstone Fundamentals
| Return On Equity | 3.44 | |||
| Return On Asset | 1.08 | |||
| Profit Margin | 3.08 % | |||
| Operating Margin | 3.22 % | |||
| Current Valuation | 4.22 B | |||
| Shares Outstanding | 110.62 M | |||
| Price To Earning | 18.38 X | |||
| Price To Book | 0.61 X | |||
| Price To Sales | 0.54 X | |||
| Revenue | 5.03 B | |||
| Gross Profit | 2.69 B | |||
| EBITDA | 1.02 B | |||
| Net Income | 155 M | |||
| Cash And Equivalents | 779 M | |||
| Cash Per Share | 6.98 X | |||
| Total Debt | 2.45 B | |||
| Debt To Equity | 47.50 % | |||
| Current Ratio | 2.72 X | |||
| Book Value Per Share | 40.08 X | |||
| Cash Flow From Operations | 853 M | |||
| Earnings Per Share | 1.38 X | |||
| Number Of Employees | 9.9 K | |||
| Beta | 0.72 | |||
| Market Capitalization | 2.81 B | |||
| One Year Return | 15.60 % | |||
| Three Year Return | 2.30 % | |||
| Five Year Return | 5.20 % | |||
| Ten Year Return | 4.50 % | |||
| Last Dividend Paid | 0.41 |
About Touchstone Dynamic Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Touchstone Dynamic International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Touchstone Dynamic using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Touchstone Dynamic International based on its fundamental data. In general, a quantitative approach, as applied to this etf, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Currently Active Assets on Macroaxis
When determining whether Touchstone Dynamic offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Touchstone Dynamic's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Touchstone Dynamic International Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Touchstone Dynamic International Etf:Check out Touchstone Dynamic Piotroski F Score and Touchstone Dynamic Altman Z Score analysis. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
The market value of Touchstone Dynamic 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 Dynamic's value that differs from its market value or its book value, called intrinsic value, which is Touchstone Dynamic'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 Dynamic's market value can be influenced by many factors that don't directly affect Touchstone Dynamic'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 Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Touchstone Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Touchstone Dynamic'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.