Touchstone Flexible Income Fund Price on December 19, 2024
FFSAX Fund | USD 10.32 0.02 0.19% |
Below is the normalized historical share price chart for Touchstone Flexible Income extending back to April 06, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Touchstone Flexible stands at 10.32, as last reported on the 20th of December, with the highest price reaching 10.32 and the lowest price hitting 10.32 during the day.
If you're considering investing in Touchstone Mutual Fund, it is important to understand the factors that can impact its price. Touchstone Flexible owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the fund had a -0.13% return per unit of risk over the last 3 months. Touchstone Flexible Income exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Touchstone Flexible's Risk Adjusted Performance of (0.13), variance of 0.0437, and Coefficient Of Variation of (803.25) to confirm the risk estimate we provide.
Touchstone Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Touchstone |
Sharpe Ratio = -0.1338
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Estimated Market Risk
0.21 actual daily | 1 99% of assets are more volatile |
Expected Return
-0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.13 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Touchstone Flexible 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 Flexible by adding Touchstone Flexible to a well-diversified portfolio.
Touchstone Flexible Valuation on December 19, 2024
It is possible to determine the worth of Touchstone Flexible on a given historical date. On December 19, 2024 Touchstone was worth 10.3 at the beginning of the trading date compared to the closed value of 10.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Touchstone Flexible mutual fund. Still, in general, we apply an absolute valuation method to find Touchstone Flexible's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Touchstone Flexible where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Touchstone Flexible's related companies.
Open | High | Low | Close | Volume | |
10.35 | 10.35 | 10.35 | 10.35 | 1.00 | |
12/19/2024 | 10.30 | 10.30 | 10.30 | 10.30 | 1.00 |
10.32 | 10.32 | 10.32 | 10.32 | 1.00 |
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Touchstone Flexible Trading Date Momentum on December 19, 2024
On December 20 2024 Touchstone Flexible Income was traded for 10.32 at the closing time. The highest daily price throughout the period was 10.32 and the lowest price was 10.32 . There was no trading activity during the period 1.0. Lack of trading volume on 12/20/2024 added to the next day price jump. The overall trading delta to closing price of the next trading day was 0.19% . The trading price change to current closing price is 0.19% . |
Touchstone Flexible Fundamentals Correlations and Trends
By evaluating Touchstone Flexible's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Touchstone Flexible's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Touchstone financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Touchstone Flexible Mutual Fund history
Touchstone Flexible investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Touchstone is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Touchstone Flexible will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Touchstone Flexible stock prices may prove useful in developing a viable investing in Touchstone Flexible
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.
Touchstone Flexible Mutual Fund Technical Analysis
Touchstone Flexible technical mutual fund 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, fund market cycles, or different charting patterns.
Price Boundaries
Touchstone Flexible Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
Touchstone Flexible Income cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Touchstone Flexible December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Touchstone Flexible mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Touchstone Flexible shares will generate the highest return on investment. By undertsting and applying Touchstone Flexible mutual fund market strength indicators, traders can identify Touchstone Flexible Income entry and exit signals to maximize returns
Touchstone Flexible Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Touchstone Flexible's price direction in advance. Along with the technical and fundamental analysis of Touchstone Mutual Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Touchstone to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.13) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.04) | |||
Treynor Ratio | (0.96) |
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Pattern Recognition | ||
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Volatility Indicators | ||
Volume Indicators |
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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