Tortoise Energy Financials
| NDP Fund | USD 44.10 0.11 0.25% |
Tortoise |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Tortoise Energy Fund Summary
Tortoise Energy competes with Tortoise Mlp, Flow Capital, Invesco High, MFS Investment, and Eaton Vance. Tortoise Energy Independence Fund, Inc. is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. The fund invests in the public equity markets of the North American. It seeks to invest primarily in the energy sector. The fund employs a fundamental analysis with a bottom up stock picking approach with focus on factors like quantitative, qualitative, and relative value factors to create its portfolio. Tortoise Energy Independence Fund, Inc. was formed on July 26, 2005 2012 is domiciled in the United States.Specialization | null, Equity Energy |
| Instrument | USA Fund View All |
| Exchange | New York Stock Exchange |
| ISIN | US89148K2006 |
| CUSIP | 89148K101 89148K200 |
| Location | Kansas; U.S.A |
| Business Address | 6363 College Boulevard |
| Fund Family | Financial Services |
| Fund Category | Asset Management |
| Benchmark | Dow Jones Industrial |
| Website | www.tortoiseadvisors.com/ndp.cfm |
| Phone | 913 981 1020 |
| Currency | USD - US Dollar |
Tortoise Energy Key Financial Ratios
Tortoise Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tortoise Energy's current stock value. Our valuation model uses many indicators to compare Tortoise Energy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tortoise Energy competition to find correlations between indicators driving Tortoise Energy's intrinsic value. More Info.Tortoise Energy Independence is rated below average in price to earning among similar funds. It is number one fund in beta among similar funds totaling about 1.11 of Beta per Price To Earning. Comparative valuation analysis is a catch-all technique that is used if you cannot value Tortoise Energy by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Tortoise Energy Inde Systematic Risk
Tortoise Energy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tortoise Energy volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Tortoise Energy Inde correlated with the market. If Beta is less than 0 Tortoise Energy generally moves in the opposite direction as compared to the market. If Tortoise Energy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tortoise Energy Inde is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tortoise Energy is generally in the same direction as the market. If Beta > 1 Tortoise Energy moves generally in the same direction as, but more than the movement of the benchmark.
Tortoise Energy November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tortoise Energy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tortoise Energy Independence. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tortoise Energy Independence based on widely used predictive technical indicators. In general, we focus on analyzing Tortoise Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tortoise Energy's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.21 | |||
| Information Ratio | 0.103 | |||
| Maximum Drawdown | 6.05 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 2.15 |
Other Information on Investing in Tortoise Fund
Tortoise Energy financial ratios help investors to determine whether Tortoise 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 Tortoise with respect to the benefits of owning Tortoise Energy security.
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