Touchstone Etf Trust Etf Technical Analysis
| DVND Etf | USD 32.45 0.07 0.22% |
As of the 28th of November, Touchstone ETF has the Semi Deviation of 0.4228, coefficient of variation of 764.16, and Risk Adjusted Performance of 0.0975. Touchstone ETF technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the etf's future prices. Please validate Touchstone ETF Trust variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Touchstone ETF is priced more or less accurately, providing market reflects its prevalent price of 32.45 per share.
Touchstone ETF Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Touchstone, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TouchstoneTouchstone |
Touchstone ETF technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Touchstone ETF Trust Technical Analysis
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Touchstone ETF Trust volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Touchstone ETF Trust Trend Analysis
Use this graph to draw trend lines for Touchstone ETF Trust. You can use it to identify possible trend reversals for Touchstone ETF as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Touchstone ETF price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Touchstone ETF Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Touchstone ETF Trust applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Touchstone ETF Trust will continue generating value for investors. It has 122 observation points and a regression sum of squares at 17.61, which is the sum of squared deviations for the predicted Touchstone ETF price change compared to its average price change.About Touchstone ETF Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Touchstone ETF Trust on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Touchstone ETF Trust based on its technical analysis. In general, a bottom-up approach, as applied to this etf, focuses on Touchstone ETF Trust price pattern first instead of the macroeconomic environment surrounding Touchstone ETF Trust. By analyzing Touchstone ETF's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Touchstone ETF's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Touchstone ETF specific price patterns or momentum indicators. Please read more on our technical analysis page.
Touchstone ETF November 28, 2024 Technical Indicators
Most technical analysis of Touchstone help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Touchstone from various momentum indicators to cycle indicators. When you analyze Touchstone charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0975 | |||
| Market Risk Adjusted Performance | (8.60) | |||
| Mean Deviation | 0.5003 | |||
| Semi Deviation | 0.4228 | |||
| Downside Deviation | 0.5264 | |||
| Coefficient Of Variation | 764.16 | |||
| Standard Deviation | 0.6096 | |||
| Variance | 0.3716 | |||
| Information Ratio | (0.08) | |||
| Jensen Alpha | 0.0707 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | (8.61) | |||
| Maximum Drawdown | 2.7 | |||
| Value At Risk | (0.80) | |||
| Potential Upside | 0.9764 | |||
| Downside Variance | 0.2771 | |||
| Semi Variance | 0.1787 | |||
| Expected Short fall | (0.61) | |||
| Skewness | 0.1983 | |||
| Kurtosis | 0.0046 |
Touchstone ETF November 28, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Touchstone stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | (Huge) | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 32.45 | ||
| Day Typical Price | 32.45 | ||
| Price Action Indicator | (0.04) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Touchstone ETF Trust. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of Touchstone ETF Trust 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 ETF's value that differs from its market value or its book value, called intrinsic value, which is Touchstone ETF'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 ETF's market value can be influenced by many factors that don't directly affect Touchstone ETF'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 ETF's value and its price as these two are different measures arrived at by different means. Investors typically determine if Touchstone ETF is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Touchstone ETF'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.