Acquisition by Conrad Ciccotello of 100 shares of Tortoise Energy at 16.96 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 Director. Grant, award or other acquisition 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.
Three Year Return
Three Year Return Comparative Analysis
Tortoise Power is currently under evaluation in three year return among similar funds. Tree Year Return shows the total annualized return generated from holding a fund or ETFs for the last three years. The return measure includes capital appreciation, losses, dividends paid, and all capital gains distributions. This return indicator is considered by many investors to be solid measures of fund mid-term performance.
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
| ETO | Eaton Vance | 1.24 | ||||
| THW | Tekla World | 0.75 | ||||
| FFC | Flaherty Crumrine | 0.70 | ||||
| LDP | Cohen Steers | 0.53 | ||||
| XFLT | XAI Octagon | 0.43 | ||||
| BTO | John Hancock | 0.31 | ||||
| RNP | Cohen Steers | 0.21 | ||||
| HQL | Tekla Life | 0.21 | ||||
| HQH | Tekla Healthcare | 0.17 | ||||
| RVT | Royce Value | 0.06 |
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.
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios |