Touchstone Flexible Financial Statements From 2010 to 2024
| FRACX Fund | USD 10.16 0.04 0.39% |
Check Touchstone Flexible financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Touchstone Flexible's main balance sheet or income statement drivers, such as , as well as many indicators such as . Touchstone financial statements analysis is a perfect complement when working with Touchstone Flexible Valuation or Volatility modules.
Touchstone |
Touchstone Flexible Income Mutual Fund Price To Sales Analysis
Touchstone Flexible's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.
Current Touchstone Flexible Price To Sales | 2.48 X |
Most of Touchstone Flexible's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Touchstone Flexible Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
| Competition |
Based on the latest financial disclosure, Touchstone Flexible Income has a Price To Sales of 2.48 times. This is much higher than that of the Touchstone family and significantly higher than that of the Multisector Bond category. The price to sales for all United States funds is notably lower than that of the firm.
Touchstone Flexible Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Touchstone Flexible's current stock value. Our valuation model uses many indicators to compare Touchstone Flexible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Touchstone Flexible competition to find correlations between indicators driving Touchstone Flexible's intrinsic value. More Info.Touchstone Flexible Income is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.09 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Touchstone Flexible Income is roughly 11.56 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Touchstone Flexible's earnings, one of the primary drivers of an investment's value.About Touchstone Flexible Financial Statements
Touchstone Flexible investors use historical fundamental indicators, such as Touchstone Flexible's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Touchstone Flexible. Please read more on our technical analysis and fundamental analysis pages.
Under normal circumstances, the fund invests at least 80 percent of its assets in income-producing securities such as investment grade corporate bonds, high yield bonds , preferred stocks, municipal bonds, and U.S. Treasuries. It may also invest in fixed income closed-end funds, dividend-paying equities and other debt securities including but not limited to U.S. government securities, variable- and floating-rate instruments, and mortgage- and asset-backed securities.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Touchstone Mutual Fund
Touchstone Flexible 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 Flexible security.
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