Touchstone Large Pany Fund Market Value

TLGYX Fund  USD 53.58  1.45  2.78%   
Touchstone Large's market value is the price at which a share of Touchstone Large trades on a public exchange. It measures the collective expectations of Touchstone Large Pany investors about its performance. Touchstone Large is trading at 53.58 as of the 16th of March 2025; that is 2.78% up since the beginning of the trading day. The fund's open price was 52.13.
With this module, you can estimate the performance of a buy and hold strategy of Touchstone Large Pany and determine expected loss or profit from investing in Touchstone Large over a given investment horizon. Check out Touchstone Large Correlation, Touchstone Large Volatility and Touchstone Large Alpha and Beta module to complement your research on Touchstone Large.
Symbol

Please note, there is a significant difference between Touchstone Large's value and its price as these two are different measures arrived at by different means. Investors typically determine if Touchstone Large is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Touchstone Large's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Touchstone Large '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 Large'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 Large.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in Touchstone Large on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Touchstone Large Pany or generate 0.0% return on investment in Touchstone Large over 90 days. Touchstone Large is related to or competes with Jpmorgan High, Neuberger Berman, Payden High, Brandywineglobal, T Rowe, and Inverse High. Under normal circumstances, the fund will invest at least 80 percent of its net assets in equity securities of large cap... More

Touchstone Large 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 Large'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 Large Pany upside and downside potential and time the market with a certain degree of confidence.

Touchstone Large Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Touchstone Large's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Touchstone Large's standard deviation. In reality, there are many statistical measures that can use Touchstone Large historical prices to predict the future Touchstone Large's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Touchstone Large'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.
Hype
Prediction
LowEstimatedHigh
51.9653.5855.20
Details
Intrinsic
Valuation
LowRealHigh
52.7154.3355.95
Details
Naive
Forecast
LowNextHigh
51.5653.1754.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
51.9856.9861.98
Details

Touchstone Large Pany Backtested Returns

Touchstone Large Pany owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0973, which indicates the fund had a -0.0973 % return per unit of risk over the last 3 months. Touchstone Large Pany exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Touchstone Large's Variance of 2.47, risk adjusted performance of (0.1), and Coefficient Of Variation of (835.67) to confirm the risk estimate we provide. The entity has a beta of 0.98, which indicates possible diversification benefits within a given portfolio. Touchstone Large returns are very sensitive to returns on the market. As the market goes up or down, Touchstone Large is expected to follow.

Auto-correlation

    
  -0.37  

Poor reverse predictability

Touchstone Large Pany has poor reverse predictability. Overlapping area represents the amount of predictability between Touchstone Large time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Large Pany price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Touchstone Large price fluctuation can be explain by its past prices.
Correlation Coefficient-0.37
Spearman Rank Test-0.04
Residual Average0.0
Price Variance7.56

Touchstone Large Pany lagged returns against current returns

Autocorrelation, which is Touchstone Large 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 Large's mutual fund expected returns. We can calculate the autocorrelation of Touchstone Large returns to help us make a trade decision. For example, suppose you find that Touchstone Large 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 Large 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 Large mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Touchstone Large 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 Large mutual fund over time.
   Current vs Lagged Prices   
       Timeline  

Touchstone Large Lagged Returns

When evaluating Touchstone Large's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Touchstone Large mutual fund have on its future price. Touchstone Large 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 Large autocorrelation shows the relationship between Touchstone Large mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Touchstone Large Pany.
   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 Large 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 Large security.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account