Tortoise Capital Series Etf Price on March 23, 2023
| TPZ Etf | USD 20.57 0.17 0.83% |
Below is the normalized historical share price chart for Tortoise Capital Series extending back to July 29, 2009. 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 Capital stands at 20.57, as last reported on the 5th of January, with the highest price reaching 20.66 and the lowest price hitting 20.45 during the day.
If you're considering investing in Tortoise Etf, it is important to understand the factors that can impact its price. At this stage we consider Tortoise Etf to be very steady. Tortoise Capital Series owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the etf had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tortoise Capital Series, which you can use to evaluate the volatility of the etf. Please validate Tortoise Capital's Risk Adjusted Performance of 0.1666, semi deviation of 0.7397, and Coefficient Of Variation of 492.83 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%.
Tortoise Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Tortoise |
Sharpe Ratio = 0.1736
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Estimated Market Risk
| 1.04 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Tortoise Capital is performing at about 13% 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 Capital by adding it to a well-diversified portfolio.
Market Capitalization 91.6 M |
Tortoise Capital Valuation on March 23, 2023
It is possible to determine the worth of Tortoise Capital on a given historical date. On March 23, 2023 Tortoise was worth 10.93 at the beginning of the trading date compared to the closed value of 10.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tortoise Capital etf. Still, in general, we apply an absolute valuation method to find Tortoise Capital'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 Capital where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tortoise Capital's related companies.
| Open | High | Low | Close | Volume | |
| 11.01 | 11.03 | 10.84 | 10.84 | 5,718 | |
03/23/2023 | 10.93 | 10.93 | 10.73 | 10.76 | 10,073 |
| 10.71 | 10.78 | 10.68 | 10.74 | 6,304 |
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Tortoise Capital Trading Date Momentum on March 23, 2023
| On March 24 2023 Tortoise Capital Series was traded for 10.74 at the closing time. Highest Tortoise Capital's price during the trading hours was 10.78 and the lowest price during the day was 10.68 . The net volume was 6.3 K. The overall trading history on the 24th of March contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.19% . The trading price change to current price is 4.65% . |
Tortoise Capital Series Fundamentals Correlations and Trends
By evaluating Tortoise Capital'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 Capital'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 Capital Etf history
Tortoise Capital 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 Capital Series 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 Capital stock prices may prove useful in developing a viable investing in Tortoise Capital
Tortoise Power and Energy Infrastructure Fund, Inc. is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. The fund invests in the fixed income and public equity markets of the United States. It invests in securities of companies operating in the power and energy infrastructure sectors. The fund 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. It was formerly known as Tortoise Power and Energy Income Company. Tortoise Power and Energy Infrastructure Fund, Inc. was formed on July 5, 2007 and is domiciled in the United States.
Tortoise Capital Etf Technical Analysis
Tortoise Capital technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Tortoise Capital Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Tortoise Capital Series 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 Capital January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Tortoise Capital etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tortoise Capital shares will generate the highest return on investment. By undertsting and applying Tortoise Capital etf market strength indicators, traders can identify Tortoise Capital Series entry and exit signals to maximize returns
Tortoise Capital Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tortoise Capital's price direction in advance. Along with the technical and fundamental analysis of Tortoise Etf 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 | 0.1666 | |||
| Jensen Alpha | 0.1947 | |||
| Total Risk Alpha | 0.1812 | |||
| Sortino Ratio | 0.188 | |||
| Treynor Ratio | 1.25 |
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Other Information on Investing in Tortoise Etf
Tortoise Capital financial ratios help investors to determine whether Tortoise Etf 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 Capital security.