Tortoise Pipeline And Fund Price on November 30, 2022
| TTP Fund | USD 50.61 1.73 3.31% |
Below is the normalized historical share price chart for Tortoise Pipeline And extending back to October 27, 2011. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tortoise Pipeline stands at 50.61, as last reported on the 2nd of December, with the highest price reaching 53.07 and the lowest price hitting 50.17 during the day.
If you're considering investing in Tortoise Fund, it is important to understand the factors that can impact its price. Tortoise Pipeline appears to be very steady, given 3 months investment horizon. Tortoise Pipeline And owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.3, which indicates the fund had a 0.3% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tortoise Pipeline And, which you can use to evaluate the volatility of the fund. Please review Tortoise Pipeline's Standard Deviation of 0.9911, downside deviation of 0.7031, and Risk Adjusted Performance of 0.3083 to confirm if our risk estimates are consistent with your expectations.
Tortoise Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tortoise |
Sharpe Ratio = 0.2957
| Best Portfolio | Best Equity | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.09 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.3 actual daily | 23 77% of assets perform better |
Based on monthly moving average Tortoise Pipeline is performing at about 23% 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 Tortoise Pipeline by adding it to a well-diversified portfolio.
Market Capitalization 25.2 M |
Tortoise Pipeline Valuation on November 30, 2022
It is possible to determine the worth of Tortoise Pipeline on a given historical date. On November 30, 2022 Tortoise was worth 24.8 at the beginning of the trading date compared to the closed value of 24.63. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tortoise Pipeline fund. Still, in general, we apply an absolute valuation method to find Tortoise Pipeline's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Tortoise Pipeline where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tortoise Pipeline's related companies.
| Open | High | Low | Close | Volume | |
| 24.25 | 24.72 | 24.22 | 24.57 | 6,796 | |
11/30/2022 | 24.80 | 24.83 | 24.42 | 24.63 | 5,916 |
| 24.92 | 25.25 | 24.48 | 24.57 | 14,740 |
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Tortoise Pipeline Trading Date Momentum on November 30, 2022
| On December 01 2022 Tortoise Pipeline And was traded for 24.57 at the closing time. Highest Tortoise Pipeline's price during the trading hours was 25.25 and the lowest price during the day was 24.48 . The net volume was 14.7 K. The overall trading history on the 1st of December contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.24% . The trading price change to current price is 7.84% . |
Tortoise Pipeline And Fundamentals Correlations and Trends
By evaluating Tortoise Pipeline's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tortoise Pipeline's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tortoise financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tortoise Pipeline Fund history
Tortoise Pipeline investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tortoise is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tortoise Pipeline And will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tortoise Pipeline stock prices may prove useful in developing a viable investing in Tortoise Pipeline
Tortoise Pipeline Energy Fund, Inc. is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products. It employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. Tortoise Pipeline Energy Fund, Inc. was formed on July 19, 2011 and is domiciled in the United States.
Tortoise Pipeline Fund Technical Analysis
Tortoise Pipeline technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, fund market cycles, or different charting patterns.
Price Boundaries
Tortoise Pipeline Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Tortoise Pipeline And cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Tortoise Pipeline December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Tortoise Pipeline fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tortoise Pipeline shares will generate the highest return on investment. By undertsting and applying Tortoise Pipeline fund market strength indicators, traders can identify Tortoise Pipeline And entry and exit signals to maximize returns
Tortoise Pipeline Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tortoise Pipeline's price direction in advance. Along with the technical and fundamental analysis of Tortoise Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tortoise to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.3083 | |||
| Jensen Alpha | 0.3487 | |||
| Total Risk Alpha | 0.2213 | |||
| Sortino Ratio | 0.3686 | |||
| Treynor Ratio | 1.3 |
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Other Information on Investing in Tortoise Fund
Tortoise Pipeline 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 Pipeline security.
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