Touchstone Mid Cap Fund Cash And Equivalents
TMAPX Fund | USD 54.41 0.60 1.12% |
Touchstone Mid Cap fundamentals help investors to digest information that contributes to Touchstone Mid's financial success or failures. It also enables traders to predict the movement of Touchstone Mutual Fund. The fundamental analysis module provides a way to measure Touchstone Mid's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Touchstone Mid mutual fund.
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Touchstone Mid Cap Mutual Fund Cash And Equivalents Analysis
Touchstone Mid's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
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In accordance with the recently published financial statements, Touchstone Mid Cap has 0.0 in Cash And Equivalents. This indicator is about the same for the Touchstone average (which is currently at 0.0) family and about the same as Mid-Cap Blend (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
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Fund Asset Allocation for Touchstone Mid
The fund consists of 98.78% investments in stocks, with the rest of investments allocated between different money market instruments.Asset allocation divides Touchstone Mid's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Touchstone Fundamentals
Price To Earning | 19.55 X | ||||
Price To Book | 2.74 X | ||||
Price To Sales | 1.06 X | ||||
Total Asset | 133.02 M | ||||
Annual Yield | 0.0009 % | ||||
Year To Date Return | 13.78 % | ||||
One Year Return | 16.39 % | ||||
Three Year Return | 7.70 % | ||||
Five Year Return | 9.62 % | ||||
Ten Year Return | 12.89 % | ||||
Net Asset | 4.62 B | ||||
Cash Position Weight | 1.22 % | ||||
Equity Positions Weight | 98.78 % |
About Touchstone Mid Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Touchstone Mid Cap's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Touchstone Mid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Touchstone Mid Cap based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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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