Touchstone Flexible Bond Positions Weight vs. Ten Year Return
| FRACX Fund | USD 10.20 0.03 0.29% |
For Touchstone Flexible profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Touchstone Flexible to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Touchstone Flexible Income utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Touchstone Flexible's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Touchstone Flexible Income over time as well as its relative position and ranking within its peers.
Touchstone |
Touchstone Flexible Ten Year Return vs. Bond Positions Weight Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Touchstone Flexible's current stock value. Our valuation model uses many indicators to compare Touchstone Flexible value to that of its competitors to determine the firm's financial worth. Touchstone Flexible Income is one of the top funds in bond positions weight among similar funds. It also is one of the top funds in ten year return among similar funds reporting about 0.87 of Ten Year Return per Bond Positions Weight. The ratio of Bond Positions Weight to Ten Year Return for Touchstone Flexible Income is roughly 1.15 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Touchstone Flexible's earnings, one of the primary drivers of an investment's value.Touchstone Ten Year Return vs. Bond Positions Weight
Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Touchstone Flexible |
| = | 4.85 % |
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Ten Year Return shows the total annualized return generated from holding a fund for the last 10 years and represents fund's capital appreciation, including dividends losses and capital gains distributions. This return indicator is considered by many investors to be the ultimate measures of fund performance and can reflect the overall performance of the market or market segment it invests in.
Touchstone Flexible |
| = | 4.21 % |
Although Ten Year Fund Return indicator can give a sense of overall fund long-term potential, it is recommended to compare funds performances against other similar funds or market benchmarks for the same 10-year interval.
Touchstone Ten Year Return Comparison
Touchstone Flexible is currently under evaluation in ten year return among similar funds.
Touchstone Flexible Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Touchstone Flexible, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Touchstone Flexible will eventually generate negative long term returns. The profitability progress is the general direction of Touchstone Flexible's change in net profit over the period of time. It can combine multiple indicators of Touchstone Flexible, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Under normal circumstances, the fund invests at least 80 percent of its assets in income-producing securities such as investment grade corporate bonds, high yield bonds , preferred stocks, municipal bonds, and U.S. Treasuries. It may also invest in fixed income closed-end funds, dividend-paying equities and other debt securities including but not limited to U.S. government securities, variable- and floating-rate instruments, and mortgage- and asset-backed securities.
Touchstone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Touchstone Flexible. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Touchstone Flexible position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Touchstone Flexible's important profitability drivers and their relationship over time.
Use Touchstone Flexible in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Touchstone Flexible position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Touchstone Flexible will appreciate offsetting losses from the drop in the long position's value.Touchstone Flexible Pair Trading
Touchstone Flexible Income Pair Trading Analysis
The ability to find closely correlated positions to Touchstone Flexible could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Touchstone Flexible when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Touchstone Flexible - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Touchstone Flexible Income to buy it.
The correlation of Touchstone Flexible is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Touchstone Flexible moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Touchstone Flexible moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Touchstone Flexible can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Touchstone Flexible position
In addition to having Touchstone Flexible in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Junk Bonds Funds Thematic Idea Now
Junk Bonds Funds
Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 46 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Junk Bonds Funds Theme or any other thematic opportunities.
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Other Information on Investing in Touchstone Mutual Fund
To fully project Touchstone Flexible's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Touchstone Flexible at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Touchstone Flexible's income statement, its balance sheet, and the statement of cash flows.
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