Tortoise Power And Fund Manager Performance Evaluation
| TPZ Fund | USD 20.51 0.31 1.49% |
The entity has a beta of 0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tortoise Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tortoise Power is expected to be smaller as well.
Risk-Adjusted Performance
19 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Tortoise Power And are ranked lower than 19 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly fragile basic indicators, Tortoise Power showed solid returns over the last few months and may actually be approaching a breakup point.
...more| Expense Ratio | 1.5100 |
Tortoise |
Tortoise Power Relative Risk vs. Return Landscape
If you would invest 1,787 in Tortoise Power And on September 5, 2024 and sell it today you would earn a total of 264.00 from holding Tortoise Power And or generate 14.77% return on investment over 90 days. Tortoise Power And is generating 0.2231% of daily returns assuming volatility of 0.9162% on return distribution over 90 days investment horizon. In other words, 8% of funds are less volatile than Tortoise, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Tortoise Power Current Valuation
Undervalued
Today
Please note that Tortoise Power's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Tortoise Power And has a current Real Value of $21.9 per share. The regular price of the fund is $20.51. We determine the value of Tortoise Power And from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued funds and dropping overvalued funds since, at some point, fund prices and their ongoing real values will draw towards each other.
Since Tortoise Power is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tortoise Fund. However, Tortoise Power's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 20.51 | Real 21.9 | Hype 20.54 | Naive 20.35 |
The intrinsic value of Tortoise Power's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Tortoise Power's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Tortoise Power And helps investors to forecast how Tortoise fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Tortoise Power more accurately as focusing exclusively on Tortoise Power's fundamentals will not take into account other important factors: Tortoise Power Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tortoise Power's investment risk. Standard deviation is the most common way to measure market volatility of funds, such as Tortoise Power And, and traders can use it to determine the average amount a Tortoise Power's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2435
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | TPZ | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.92 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.24 actual daily | 19 81% of assets perform better |
Based on monthly moving average Tortoise Power is performing at about 19% 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 Power by adding it to a well-diversified portfolio.
Tortoise Power Fundamentals Growth
Tortoise Fund prices reflect investors' perceptions of the future prospects and financial health of Tortoise Power, and Tortoise Power fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Tortoise Fund performance.
| Shares Outstanding | 6.53 M | ||||
| Price To Earning | 10.14 X | ||||
| Earnings Per Share | 1.31 X | ||||
About Tortoise Power Performance
Evaluating Tortoise Power's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tortoise Power has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tortoise Power has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Tortoise Power and Energy Infrastructure Fund, Inc. is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. Tortoise Power and Energy Infrastructure Fund, Inc. was formed on July 5, 2007 and is domiciled in the United States. Tortoise Power operates under Asset Management classification in the United States and is traded on New York Stock Exchange.Things to note about Tortoise Power And performance evaluation
Checking the ongoing alerts about Tortoise Power for important developments is a great way to find new opportunities for your next move. Fund alerts and notifications screener for Tortoise Power And help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Tortoise Power's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Tortoise Power's fund performance include:- Analyzing Tortoise Power's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Tortoise Power's stock is overvalued or undervalued compared to its peers.
- Examining Tortoise Power's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Tortoise Power's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tortoise Power's management team can help you assess the Fund's leadership.
- Pay attention to analyst opinions and ratings of Tortoise Power's fund. These opinions can provide insight into Tortoise Power's potential for growth and whether the stock is currently undervalued or overvalued.
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.
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities |