Touchstone International (China) Price on November 22, 2023

688013 Stock   17.18  0.25  1.43%   
If you're considering investing in Touchstone Stock, it is important to understand the factors that can impact its price. As of today, the current price of Touchstone International stands at 17.18, as last reported on the 6th of January, with the highest price reaching 17.70 and the lowest price hitting 17.03 during the day. Touchstone International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0612, which indicates the firm had a -0.0612% return per unit of risk over the last 3 months. Touchstone International Medical exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Touchstone International's Coefficient Of Variation of (1,633), variance of 6.09, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
  
Touchstone Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0612

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Estimated Market Risk

 2.47
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.15
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Touchstone International 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 International by adding Touchstone International to a well-diversified portfolio.

Touchstone International Valuation on November 22, 2023

It is possible to determine the worth of Touchstone International on a given historical date. On November 22, 2023 Touchstone was worth 21.74 at the beginning of the trading date compared to the closed value of 21.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Touchstone International stock. Still, in general, we apply an absolute valuation method to find Touchstone International'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 International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Touchstone International's related companies.
 Open High Low Close Volume
  22.25    22.31    21.92    21.93    645,866  
11/22/2023
  21.74    22.15    21.74    21.86    599,200  
  21.97    22.20    21.87    22.15    643,209  
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Open Value
21.74
21.86
Closing Value
29.14
Upside

Touchstone International Trading Date Momentum on November 22, 2023

On November 23 2023 Touchstone International Medical was traded for  22.15  at the closing time. The highest price during the trading period was 22.20  and the lowest recorded bid was listed for  21.87 . The volume for the day was 643.2 K. This history from November 23, 2023 contributed to the next trading day price jump. The daily price change to the next closing price was 1.33% . The trading price change to the current price is 2.65% .

Touchstone International Fundamentals Correlations and Trends

By evaluating Touchstone International'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 International'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 International Stock history

Touchstone International 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 International 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 International stock prices may prove useful in developing a viable investing in Touchstone International

Touchstone International Stock Technical Analysis

Touchstone International technical stock 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, stock market cycles, or different charting patterns.
A focus of Touchstone International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Touchstone International 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 International Period Price Range

Low
January 6, 2025
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High

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Touchstone International Medical cannot be verified against its exchange. Please verify the symbol is currently traded on Shanghai Stock 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 International January 6, 2025 Market Strength

Market strength indicators help investors to evaluate how Touchstone International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Touchstone International shares will generate the highest return on investment. By undertsting and applying Touchstone International stock market strength indicators, traders can identify Touchstone International Medical entry and exit signals to maximize returns

Touchstone International Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Touchstone International's price direction in advance. Along with the technical and fundamental analysis of Touchstone Stock 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.

Complementary Tools for Touchstone Stock analysis

When running Touchstone International's price analysis, check to measure Touchstone International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Touchstone International is operating at the current time. Most of Touchstone International's value examination focuses on studying past and present price action to predict the probability of Touchstone International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Touchstone International's price. Additionally, you may evaluate how the addition of Touchstone International to your portfolios can decrease your overall portfolio volatility.
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