Touchstone International Small Fund Z Score
TNSIXDelisted Fund | USD 14.13 0.00 0.00% |
Touchstone |
Touchstone International Small Mutual Fund Z Score Analysis
Touchstone International's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
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To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
CompetitionBased on the company's disclosures, Touchstone International Small has a Z Score of 0.0. This indicator is about the same for the Touchstone average (which is currently at 0.0) family and about the same as Foreign Large Growth (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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Fund Asset Allocation for Touchstone International
The fund consists of 95.43% investments in stocks, with the rest of investments allocated between different money market instruments and various exotic instruments.Asset allocation divides Touchstone International's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Touchstone Fundamentals
Price To Earning | 15.89 X | |||
Price To Book | 1.92 X | |||
Price To Sales | 1.02 X | |||
Total Asset | 74.11 M | |||
Annual Yield | 0 % | |||
One Year Return | (5.48) % | |||
Three Year Return | (4.71) % | |||
Five Year Return | 0.09 % | |||
Ten Year Return | 5.48 % | |||
Net Asset | 276.53 M | |||
Minimum Initial Investment | 500 K | |||
Last Dividend Paid | 0.38 | |||
Cash Position Weight | 4.56 % | |||
Equity Positions Weight | 95.43 % |
About Touchstone International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Touchstone International Small's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Touchstone International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Touchstone International Small based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, 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.
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Other Consideration for investing in Touchstone Mutual Fund
If you are still planning to invest in Touchstone International check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Touchstone International's history and understand the potential risks before investing.
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