Touchstone Sustainability And Fund Market Value
| TEQCX Fund | USD 25.37 0.01 0.04% |
| Symbol | Touchstone |
Touchstone Sustainability 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Touchstone Sustainability's mutual fund what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Touchstone Sustainability.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Touchstone Sustainability on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Touchstone Sustainability And or generate 0.0% return on investment in Touchstone Sustainability over 30 days. Touchstone Sustainability is related to or competes with Touchstone Small, Touchstone Sands, Mid Cap, Mid Cap, Mid Cap, Sentinel Small, and Sentinel Small. The fund invests, under normal circumstances, at least 80 percent of its assets in equity securities of non-U.S More
Touchstone Sustainability Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Touchstone Sustainability's mutual fund current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Touchstone Sustainability And upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.92 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.15 |
Touchstone Sustainability Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Touchstone Sustainability's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Touchstone Sustainability's standard deviation. In reality, there are many statistical measures that can use Touchstone Sustainability historical prices to predict the future Touchstone Sustainability's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.91) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Touchstone Sustainability's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Touchstone Sustainability Backtested Returns
Touchstone Sustainability owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the fund had a -0.14% return per unit of risk over the last 3 months. Touchstone Sustainability And exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Touchstone Sustainability's Variance of 0.655, coefficient of variation of (916.17), and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Touchstone Sustainability's returns are expected to increase less than the market. However, during the bear market, the loss of holding Touchstone Sustainability is expected to be smaller as well.
Auto-correlation | -0.49 |
Modest reverse predictability
Touchstone Sustainability And has modest reverse predictability. Overlapping area represents the amount of predictability between Touchstone Sustainability time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Touchstone Sustainability price movement. The serial correlation of -0.49 indicates that about 49.0% of current Touchstone Sustainability price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Touchstone Sustainability lagged returns against current returns
Autocorrelation, which is Touchstone Sustainability mutual fund's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Touchstone Sustainability's mutual fund expected returns. We can calculate the autocorrelation of Touchstone Sustainability returns to help us make a trade decision. For example, suppose you find that Touchstone Sustainability has exhibited high autocorrelation historically, and you observe that the mutual fund is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Touchstone Sustainability regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Touchstone Sustainability mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Touchstone Sustainability mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Touchstone Sustainability mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Touchstone Sustainability Lagged Returns
When evaluating Touchstone Sustainability's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Touchstone Sustainability mutual fund have on its future price. Touchstone Sustainability autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Touchstone Sustainability autocorrelation shows the relationship between Touchstone Sustainability mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Touchstone Sustainability And.
Regressed Prices |
| Timeline |
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 Sustainability 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 Sustainability security.
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