Touchstone Mid Cap Fund Manager Performance Evaluation
| TMCJX Fund | USD 54.04 0.18 0.33% |
The entity has a beta of 0.0252, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Touchstone Mid's returns are expected to increase less than the market. However, during the bear market, the loss of holding Touchstone Mid is expected to be smaller as well.
Risk-Adjusted Performance
11 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Touchstone Mid Cap are ranked lower than 11 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak forward-looking indicators, Touchstone Mid may actually be approaching a critical reversion point that can send shares even higher in December 2024.
...more| Expense Ratio Date | 27th of January 2023 | |
| Expense Ratio | 1.9500 |
Touchstone |
Touchstone Mid Relative Risk vs. Return Landscape
If you would invest 4,993 in Touchstone Mid Cap on August 29, 2024 and sell it today you would earn a total of 411.00 from holding Touchstone Mid Cap or generate 8.23% return on investment over 90 days. Touchstone Mid Cap is currently producing 0.1274% returns and takes up 0.8773% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Touchstone, and 98% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Touchstone Mid Current Valuation
Undervalued
Today
Please note that Touchstone Mid's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Touchstone Mid Cap has a current Real Value of $57.81 per share. The regular price of the fund is $54.04. We determine the value of Touchstone Mid Cap from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Touchstone Mid is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Touchstone Mutual Fund. However, Touchstone Mid's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 54.04 | Real 57.81 | Hype 54.04 | Naive 54.04 |
The intrinsic value of Touchstone Mid's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Touchstone Mid's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Touchstone Mid Cap helps investors to forecast how Touchstone mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Touchstone Mid more accurately as focusing exclusively on Touchstone Mid's fundamentals will not take into account other important factors: Touchstone Mid Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Touchstone Mid's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Touchstone Mid Cap, and traders can use it to determine the average amount a Touchstone Mid'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 = 0.1453
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | TMCJX | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.88 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Touchstone Mid is performing at about 11% 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 Mid by adding it to a well-diversified portfolio.
Touchstone Mid Fundamentals Growth
Touchstone Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Touchstone Mid, and Touchstone Mid 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 Mutual Fund performance.
| Price To Earning | 19.55 X | |||
| Price To Book | 2.74 X | |||
| Price To Sales | 1.06 X | |||
| Total Asset | 72.48 M | |||
About Touchstone Mid Performance
Evaluating Touchstone Mid's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Touchstone Mid 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 Mid has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests, under normal market conditions, at least 80 percent of its assets in common stocks of medium capitalization U.S. listed companies. Touchstone Mid is traded on NASDAQ Exchange in the United States.Things to note about Touchstone Mid Cap performance evaluation
Checking the ongoing alerts about Touchstone Mid for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Touchstone Mid Cap help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Touchstone Mid's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Touchstone Mid's mutual fund performance include:- Analyzing Touchstone Mid's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Touchstone Mid's stock is overvalued or undervalued compared to its peers.
- Examining Touchstone Mid's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Touchstone Mid's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Touchstone Mid's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Touchstone Mid's mutual fund. These opinions can provide insight into Touchstone Mid's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Touchstone Mutual Fund
Touchstone Mid financial ratios help investors to determine whether Touchstone Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Touchstone with respect to the benefits of owning Touchstone Mid security.
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals |