Touchstone Total Return Fund Market Value
| TCPAX Fund | USD 8.88 0.01 0.11% |
| Symbol | Touchstone |
Touchstone Total '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 Total'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 Total.
| 01/17/2023 |
| 01/06/2025 |
If you would invest 0.00 in Touchstone Total on January 17, 2023 and sell it all today you would earn a total of 0.00 from holding Touchstone Total Return or generate 0.0% return on investment in Touchstone Total over 720 days. Touchstone Total is related to or competes with Nuveen Strategic, T Rowe, Transamerica Intermediate, Georgia Tax-free, Ab Global, and Artisan High. The investment seeks current income capital appreciation is a secondary goal More
Touchstone Total 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 Total'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 Total Return upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 1.45 | |||
| Value At Risk | (0.56) | |||
| Potential Upside | 0.3371 |
Touchstone Total Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Touchstone Total's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Touchstone Total's standard deviation. In reality, there are many statistical measures that can use Touchstone Total historical prices to predict the future Touchstone Total's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | (2.16) |
Touchstone Total Return Backtested Returns
Touchstone Total Return owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the fund had a -0.13% return per unit of risk over the last 3 months. Touchstone Total Return exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Touchstone Total's Coefficient Of Variation of (746.29), variance of 0.0926, and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide. The entity has a beta of 0.0235, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Touchstone Total's returns are expected to increase less than the market. However, during the bear market, the loss of holding Touchstone Total is expected to be smaller as well.
Auto-correlation | -0.58 |
Good reverse predictability
Touchstone Total Return has good reverse predictability. Overlapping area represents the amount of predictability between Touchstone Total time series from 17th of January 2023 to 12th of January 2024 and 12th of January 2024 to 6th of January 2025. 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 Total Return price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Touchstone Total price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Touchstone Total Return lagged returns against current returns
Autocorrelation, which is Touchstone Total 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 Total's mutual fund expected returns. We can calculate the autocorrelation of Touchstone Total returns to help us make a trade decision. For example, suppose you find that Touchstone Total 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 Total 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 Total mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Touchstone Total 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 Total mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Touchstone Total Lagged Returns
When evaluating Touchstone Total's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Touchstone Total mutual fund have on its future price. Touchstone Total 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 Total autocorrelation shows the relationship between Touchstone Total mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Touchstone Total Return.
Regressed Prices |
| Timeline |
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| TRX | TRON | |
| BNB | Binance Coin |
Other Information on Investing in Touchstone Mutual Fund
Touchstone Total 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 Total security.
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