Touchstone Strategic Valuation
| SIO Etf | USD 26.01 0.09 0.35% |
At this time, the etf appears to be overvalued. Touchstone Strategic has a current Real Value of $25.48 per share. The regular price of the etf is $26.01. Our model measures the value of Touchstone Strategic from inspecting the etf fundamentals such as bond positions weight of 14.59 %, and Total Asset of 95.79 M as well as reviewing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Touchstone Strategic's price fluctuation is very steady at this time. Calculation of the real value of Touchstone Strategic is based on 3 months time horizon. Increasing Touchstone Strategic's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Touchstone Strategic is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Touchstone Etf. However, Touchstone Strategic'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 26.01 | Real 25.48 | Hype 26.01 | Naive 26.08 |
The intrinsic value of Touchstone Strategic'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 Strategic'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 Strategic Income helps investors to forecast how Touchstone etf'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 Strategic more accurately as focusing exclusively on Touchstone Strategic's fundamentals will not take into account other important factors: About Touchstone Strategic Valuation
We use absolute and relative valuation methodologies to arrive at the intrinsic value of Touchstone Strategic Income. In general, an absolute valuation paradigm, as applied to this etf, attempts to find the value of Touchstone Strategic based exclusively on its fundamental and basic technical indicators. By analyzing Touchstone Strategic's financials, quarterly and monthly indicators, and their related drivers, we attempt to find the most accurate representation of Touchstone Strategic's intrinsic value. As compared to an absolute model, our relative valuation model uses a comparative analysis of Touchstone Strategic. We calculate exposure to Touchstone Strategic's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Touchstone Strategic's related companies.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.
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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
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.