Tortoise Mlp Fund Manager Performance Evaluation
| XNTGX Fund | USD 59.21 0.00 0.00% |
The entity has a beta of 0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Tortoise Mlp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tortoise Mlp is expected to be smaller as well.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Tortoise Mlp has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong technical and fundamental indicators, Tortoise Mlp is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more| Expense Ratio | 8.5600 |
Tortoise |
Tortoise Mlp Relative Risk vs. Return Landscape
If you would invest 6,150 in Tortoise Mlp on December 11, 2024 and sell it today you would lose (229.00) from holding Tortoise Mlp or give up 3.72% of portfolio value over 90 days. Tortoise Mlp is currently producing negative expected returns and takes up 0.6433% volatility of returns over 90 trading days. Put another way, 5% of traded mutual funds are less volatile than Tortoise, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Tortoise Mlp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tortoise Mlp's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Tortoise Mlp, and traders can use it to determine the average amount a Tortoise Mlp'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 = -0.0968
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | XNTGX |
Estimated Market Risk
| 0.64 actual daily | 5 95% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tortoise Mlp is not performing at its full potential. However, 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 Mlp by adding Tortoise Mlp to a well-diversified portfolio.
Tortoise Mlp Fundamentals Growth
Tortoise Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Tortoise Mlp, and Tortoise Mlp 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 Mutual Fund performance.
About Tortoise Mlp Performance
Evaluating Tortoise Mlp's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Tortoise Mlp 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 Mlp 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 Mlp is entity of United States. It is traded as Fund on NMFQS exchange.Things to note about Tortoise Mlp performance evaluation
Checking the ongoing alerts about Tortoise Mlp for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Tortoise Mlp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tortoise Mlp generated a negative expected return over the last 90 days |
- Analyzing Tortoise Mlp'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 Mlp's stock is overvalued or undervalued compared to its peers.
- Examining Tortoise Mlp'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 Mlp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tortoise Mlp's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Tortoise Mlp's mutual fund. These opinions can provide insight into Tortoise Mlp's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Tortoise Mutual Fund
Tortoise Mlp financial ratios help investors to determine whether Tortoise Mutual 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 Mlp security.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |