Touchstone International (China) Buy Hold or Sell Recommendation
| 688013 Stock | 19.81 0.06 0.30% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Touchstone International Medical is 'Buy'. Macroaxis provides Touchstone International buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding 688013 positions.
Check out Touchstone International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as Touchstone and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Touchstone International Medical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Touchstone |
Execute Touchstone International Buy or Sell Advice
The Touchstone recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Touchstone International Medical. Macroaxis does not own or have any residual interests in Touchstone International Medical or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Touchstone International's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Touchstone International Trading Alerts and Improvement Suggestions
| About 61.0% of the company shares are owned by insiders or employees |
Touchstone International Returns Distribution Density
The distribution of Touchstone International's historical returns is an attempt to chart the uncertainty of Touchstone International's future price movements. The chart of the probability distribution of Touchstone International daily returns describes the distribution of returns around its average expected value. We use Touchstone International Medical price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Touchstone International returns is essential to provide solid investment advice for Touchstone International.
| Mean Return | 0.06 | Value At Risk | -2.78 | Potential Upside | 3.12 | Standard Deviation | 1.89 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Touchstone International historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Touchstone International Cash Flow Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Change To Inventory | 902.6K | (144.3K) | (7.7M) | 4.2M | 4.8M | 5.0M | |
| Change In Cash | 107.9M | (51.4M) | (42.4M) | 178.5M | 205.3M | 215.5M | |
| Free Cash Flow | 34.8M | 51.8M | 2.7M | 64.5M | 74.2M | 77.9M | |
| Depreciation | 6.5M | 7.2M | 8.3M | 9.7M | 11.2M | 6.7M | |
| Other Non Cash Items | (4.5M) | 5.4M | 10.4M | (2.3M) | (2.6M) | (2.5M) | |
| Capital Expenditures | 7.3M | 9.2M | 47.7M | 18.4M | 21.2M | 20.1M | |
| Net Income | 34.9M | 41.4M | 43.2M | 52.7M | 60.6M | 39.5M | |
| End Period Cash Flow | 126.8M | 75.4M | 33.1M | 211.5M | 243.3M | 255.4M | |
| Investments | (257.1M) | (100.6M) | (29.2M) | 98.0M | 112.7M | 118.3M |
Touchstone International Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Touchstone International or Health Care Equipment & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Touchstone International's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Touchstone stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.05 | |
β | Beta against Dow Jones | 0.02 | |
σ | Overall volatility | 1.85 | |
Ir | Information ratio | 0.08 |
Touchstone International Volatility Alert
Touchstone International Medical has relatively low volatility with skewness of -0.02 and kurtosis of 0.07. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Touchstone International's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Touchstone International's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Touchstone International Fundamentals Vs Peers
Comparing Touchstone International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Touchstone International's direct or indirect competition across all of the common fundamentals between Touchstone International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Touchstone International or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Touchstone International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Touchstone International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Touchstone International to competition |
| Fundamentals | Touchstone International | Peer Average |
| Return On Equity | 0.0912 | -0.31 |
| Return On Asset | 0.0442 | -0.14 |
| Profit Margin | 0.19 % | (1.27) % |
| Operating Margin | 0.23 % | (5.51) % |
| Current Valuation | 1.17 B | 16.62 B |
| Shares Outstanding | 81.16 M | 571.82 M |
| Shares Owned By Insiders | 60.93 % | 10.09 % |
| Shares Owned By Institutions | 3.65 % | 39.21 % |
| Price To Book | 2.80 X | 9.51 X |
| Price To Sales | 5.88 X | 11.42 X |
| Revenue | 253.65 M | 9.43 B |
| Gross Profit | 272.37 M | 27.38 B |
| EBITDA | 64.31 M | 3.9 B |
| Net Income | 52.66 M | 570.98 M |
| Total Debt | 666.35 K | 5.32 B |
| Book Value Per Share | 7.21 X | 1.93 K |
| Cash Flow From Operations | 82.95 M | 971.22 M |
| Earnings Per Share | 0.71 X | 3.12 X |
| Beta | 0.15 | -0.15 |
| Market Capitalization | 1.6 B | 19.03 B |
| Total Asset | 626.61 M | 29.47 B |
| Retained Earnings | 98.2 M | 9.33 B |
| Working Capital | 423.87 M | 1.48 B |
| Annual Yield | 0.03 % | |
| Net Asset | 626.61 M |
Touchstone International Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Touchstone . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 15875.77 | |||
| Daily Balance Of Power | 0.1429 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 19.75 | |||
| Day Typical Price | 19.77 | |||
| Price Action Indicator | 0.09 | |||
| Period Momentum Indicator | 0.06 |
About Touchstone International Buy or Sell Advice
When is the right time to buy or sell Touchstone International Medical? Buying financial instruments such as Touchstone Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Other Information on Investing in Touchstone Stock
Touchstone International financial ratios help investors to determine whether Touchstone Stock 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 International security.