Touchstone Mid Cap Fund Price on May 1, 2023

TMCTX Fund  USD 54.44  0.37  0.68%   
Below is the normalized historical share price chart for Touchstone Mid Cap extending back to April 24, 2006. 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 Mid stands at 54.44, as last reported on the 25th of December, with the highest price reaching 54.44 and the lowest price hitting 54.44 during the day.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Touchstone Mutual Fund, it is important to understand the factors that can impact its price. Touchstone Mid Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0395, which indicates the fund had a -0.0395% return per unit of risk over the last 3 months. Touchstone Mid Cap exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Touchstone Mid's Coefficient Of Variation of (3,845), risk adjusted performance of (0.02), and Variance of 0.8615 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.

Sharpe Ratio = -0.0395

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Estimated Market Risk

 0.92
  actual daily
8
92% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Touchstone Mid 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 Mid by adding Touchstone Mid to a well-diversified portfolio.

Touchstone Mid Valuation on May 1, 2023

It is possible to determine the worth of Touchstone Mid on a given historical date. On May 1, 2023 Touchstone was worth 43.26 at the beginning of the trading date compared to the closed value of 43.26. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Touchstone Mid mutual fund. Still, in general, we apply an absolute valuation method to find Touchstone Mid'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 Mid where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Touchstone Mid's related companies.
 Open High Low Close Volume
  43.20    43.20    43.20    43.20    1.00  
05/01/2023
  43.26    43.26    43.26    43.26    1.00  
  43.05    43.05    43.05    43.05    1.00  
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Open Value
43.26
43.26
Closing Value
46.03
Upside

Touchstone Mid Trading Date Momentum on May 1, 2023

On May 02 2023 Touchstone Mid Cap was traded for  43.05  at the closing time. The highest daily price throughout the period was 43.05  and the lowest price was  43.05 . There was no trading activity during the period 1.0. Lack of trading volume on 05/02/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.49% . The trading price change to current closing price is 0.65% .

Touchstone Mid Cap Fundamentals Correlations and Trends

By evaluating Touchstone Mid'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 Mid'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 Mid Mutual Fund history

Touchstone Mid 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 Mid Cap 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 Mid stock prices may prove useful in developing a viable investing in Touchstone Mid
The fund invests, under normal market conditions, at least 80 percent of its assets in common stocks of medium capitalization U.S. listed companies. For purposes of the fund, a medium capitalization company has a market capitalization found within the range of market capitalizations represented in the Russell Midcap Index at the time of purchase. The size of the companies in the Russell Midcap Index will change with market conditions.

Touchstone Mid Mutual Fund Technical Analysis

Touchstone Mid 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.
A focus of Touchstone Mid technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Touchstone Mid trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Touchstone Mid Period Price Range

Low
December 25, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Touchstone Mid Cap 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 Mid December 25, 2024 Market Strength

Market strength indicators help investors to evaluate how Touchstone Mid 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 Mid shares will generate the highest return on investment. By undertsting and applying Touchstone Mid mutual fund market strength indicators, traders can identify Touchstone Mid Cap entry and exit signals to maximize returns

Touchstone Mid Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Touchstone Mid'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.

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.
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