Touchstone Ultra Short Fund Manager Performance Evaluation
| TSDCX Fund | USD 9.24 0.01 0.11% |
The entity has a beta of -0.0161, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Touchstone Ultra are expected to decrease at a much lower rate. During the bear market, Touchstone Ultra is likely to outperform the market.
Risk-Adjusted Performance
13 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Touchstone Ultra Short are ranked lower than 13 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly strong fundamental indicators, Touchstone Ultra is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio Date | 27th of January 2023 | |
| Expense Ratio | 1.1500 |
Touchstone |
Touchstone Ultra Relative Risk vs. Return Landscape
If you would invest 916.00 in Touchstone Ultra Short on August 30, 2024 and sell it today you would earn a total of 8.00 from holding Touchstone Ultra Short or generate 0.87% return on investment over 90 days. Touchstone Ultra Short is currently producing 0.0138% returns and takes up 0.0817% volatility of returns over 90 trading days. Put another way, 0% of traded mutual funds are less volatile than Touchstone, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Touchstone Ultra Current Valuation
Overvalued
Today
Please note that Touchstone Ultra's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Touchstone Ultra Short has a current Real Value of $8.49 per share. The regular price of the fund is $9.24. We determine the value of Touchstone Ultra Short from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Since Touchstone Ultra is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Touchstone Mutual Fund. However, Touchstone Ultra's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 9.24 | Real 8.49 | Hype 9.24 |
The intrinsic value of Touchstone Ultra's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Touchstone Ultra's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Touchstone Ultra Short helps investors to forecast how Touchstone mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Touchstone Ultra more accurately as focusing exclusively on Touchstone Ultra's fundamentals will not take into account other important factors: Touchstone Ultra Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Touchstone Ultra's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Touchstone Ultra Short, and traders can use it to determine the average amount a Touchstone Ultra's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1694
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| TSDCX |
Based on monthly moving average Touchstone Ultra is performing at about 13% of its full potential. 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 Ultra by adding it to a well-diversified portfolio.
Touchstone Ultra Fundamentals Growth
Touchstone Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Touchstone Ultra, and Touchstone Ultra fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Touchstone Mutual Fund performance.
| Total Asset | 3.34 M | ||||
About Touchstone Ultra Performance
Evaluating Touchstone Ultra's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Touchstone Ultra has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Touchstone Ultra has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests, under normal market conditions, at least 80 percent of its assets in fixed-income securities. It invests in a diversified portfolio of securities of different maturities including U.S. Treasury securities, U.S. government agency securities, securities of U.S. government-sponsored enterprises, corporate bonds, mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, municipal bonds, collateralized loan obligations and cash equivalent securities including repurchase agreements, commercial paper and variable rate demand notes.Things to note about Touchstone Ultra Short performance evaluation
Checking the ongoing alerts about Touchstone Ultra for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Touchstone Ultra Short help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The fund maintains about 7.38% of its assets in cash |
- Analyzing Touchstone Ultra's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Touchstone Ultra's stock is overvalued or undervalued compared to its peers.
- Examining Touchstone Ultra's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Touchstone Ultra's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Touchstone Ultra's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Touchstone Ultra's mutual fund. These opinions can provide insight into Touchstone Ultra's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Touchstone Mutual Fund
Touchstone Ultra 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 Ultra security.
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