Touchstone Strategic Income Etf Performance
| SIO Etf | USD 25.94 0.01 0.04% |
The entity has a beta of 0.0043, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Touchstone Strategic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Touchstone Strategic is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Touchstone Strategic Income has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy forward indicators, Touchstone Strategic is not utilizing all of its potentials. The current stock price disarray, may contribute to short-term losses for the investors. ...more
1 | Touchstone Strategic Income Opportunities ETF Declares Dividend of 0.11 | 10/31/2024 |
Touchstone |
Touchstone Strategic Relative Risk vs. Return Landscape
If you would invest 2,597 in Touchstone Strategic Income on August 29, 2024 and sell it today you would lose (3.00) from holding Touchstone Strategic Income or give up 0.12% of portfolio value over 90 days. Touchstone Strategic Income is generating negative expected returns assuming volatility of 0.207% on return distribution over 90 days investment horizon. In other words, 1% of etfs are less volatile than Touchstone, and above 99% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Touchstone Strategic Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Touchstone Strategic's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Touchstone Strategic Income, and traders can use it to determine the average amount a Touchstone Strategic'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 = -0.0077
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| Negative Returns | SIO |
Estimated Market Risk
| 0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.0 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 Strategic 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 Strategic by adding Touchstone Strategic to a well-diversified portfolio.
Touchstone Strategic Fundamentals Growth
Touchstone Etf prices reflect investors' perceptions of the future prospects and financial health of Touchstone Strategic, and Touchstone Strategic 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 | 95.79 M | |||
About Touchstone Strategic Performance
By examining Touchstone Strategic's fundamental ratios, stakeholders can obtain critical insights into Touchstone Strategic's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Touchstone Strategic is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
The fund invests, under normal market conditions, at least 80 percent of its assets in income producing fixed-income securities. Touchstone Strategic is traded on NYSEARCA Exchange in the United States.| Touchstone Strategic generated a negative expected return over the last 90 days | |
| Latest headline from thelincolnianonline.com: Touchstone Strategic Income Opportunities ETF Declares Dividend of 0.11 | |
| The fund maintains about 14.59% of its assets in bonds |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Touchstone Strategic Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Touchstone Strategic 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 Strategic's value that differs from its market value or its book value, called intrinsic value, which is Touchstone Strategic'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 Strategic's market value can be influenced by many factors that don't directly affect Touchstone Strategic'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 Strategic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Touchstone Strategic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Touchstone Strategic'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.