Touchstone Small Cap Fund Market Value
| TSFYX Fund | USD 15.53 0.06 0.39% |
| Symbol | Touchstone |
Touchstone Small '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 Small'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 Small.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Touchstone Small on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Touchstone Small Cap or generate 0.0% return on investment in Touchstone Small over 30 days. Touchstone Small is related to or competes with Mid Cap, Mid Cap, Mid Cap, Sentinel Small, and Touchstone Sustainability. The fund invests at least 80 percent of its net assets in common stocks of small capitalization U.S More
Touchstone Small 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 Small'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 Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.06 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 1.2 |
Touchstone Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Touchstone Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Touchstone Small's standard deviation. In reality, there are many statistical measures that can use Touchstone Small historical prices to predict the future Touchstone Small's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.35) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Touchstone Small'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 Small Cap Backtested Returns
Touchstone Small Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the fund had a -0.15 % return per unit of risk over the last 3 months. Touchstone Small Cap exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Touchstone Small's Risk Adjusted Performance of (0.11), variance of 0.8565, and Coefficient Of Variation of (666.04) to confirm the risk estimate we provide. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Touchstone Small's returns are expected to increase less than the market. However, during the bear market, the loss of holding Touchstone Small is expected to be smaller as well.
Auto-correlation | -0.29 |
Weak reverse predictability
Touchstone Small Cap has weak reverse predictability. Overlapping area represents the amount of predictability between Touchstone Small time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th of February 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 Small Cap price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Touchstone Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Touchstone Small Cap lagged returns against current returns
Autocorrelation, which is Touchstone Small 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 Small's mutual fund expected returns. We can calculate the autocorrelation of Touchstone Small returns to help us make a trade decision. For example, suppose you find that Touchstone Small 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 Small 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 Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Touchstone Small 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 Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Touchstone Small Lagged Returns
When evaluating Touchstone Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Touchstone Small mutual fund have on its future price. Touchstone Small 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 Small autocorrelation shows the relationship between Touchstone Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Touchstone Small Cap.
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 Small 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 Small security.
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