Disposition of tradable shares by Shobana Gopal of Tortoise Energy at 34.94 subject to Rule 16b-3
| TPZ Fund | USD 20.82 0.14 0.68% |
Slightly above 51% of Tortoise Power's investor base is interested to short. The analysis of overall sentiment of trading Tortoise Power And fund suggests that many investors are impartial at this time. Tortoise Power's investing sentiment can be driven by a variety of factors including economic data, Tortoise Power's earnings reports, geopolitical events, and overall market trends.
Tortoise |
Filed transaction by Tortoise Energy Infrastructure Officer Vice President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Read at macroaxis.com
Tortoise Power Fundamental Analysis
We analyze Tortoise Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tortoise Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tortoise Power based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Five Year Return
Five Year Return Comparative Analysis
Tortoise Power is currently under evaluation in five year return among similar funds. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Tortoise Power And Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tortoise Power fund to make a market-neutral strategy. Peer analysis of Tortoise Power could also be used in its relative valuation, which is a method of valuing Tortoise Power by comparing valuation metrics with similar companies.
Peers
Tortoise Power Related Equities
| HQH | Tekla Healthcare | 1.49 | ||||
| XFLT | XAI Octagon | 1.42 | ||||
| LDP | Cohen Steers | 1.24 | ||||
| RVT | Royce Value | 0.84 | ||||
| HQL | Tekla Life | 0.21 | ||||
| THW | Tekla World | 0.08 | ||||
| ETO | Eaton Vance | 0.08 | ||||
| FFC | Flaherty Crumrine | 0.06 | ||||
| BTO | John Hancock | 0.51 | ||||
| RNP | Cohen Steers | 1.89 |
Other Information on Investing in Tortoise Fund
Tortoise Power 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 Power security.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |