Tortoise Mlp Closed Fund One Year Return
Tortoise Mlp Closed fundamentals help investors to digest information that contributes to Tortoise Mlp's financial success or failures. It also enables traders to predict the movement of Tortoise Fund. The fundamental analysis module provides a way to measure Tortoise Mlp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tortoise Mlp fund.
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Tortoise Mlp Closed Fund One Year Return Analysis
Tortoise Mlp's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Tortoise Mlp One Year Return | 49.67 % |
Most of Tortoise Mlp's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tortoise Mlp Closed is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
CompetitionBased on the recorded statements, Tortoise Mlp Closed has an One Year Return of 49.6658%. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The one year return for all United States funds is notably lower than that of the firm.
Tortoise One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tortoise Mlp's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Tortoise Mlp could also be used in its relative valuation, which is a method of valuing Tortoise Mlp by comparing valuation metrics of similar companies.Tortoise Mlp is currently under evaluation in one year return among similar funds.
Tortoise Fundamentals
| Return On Equity | 0.0858 | |||
| Return On Asset | 4.0E-4 | |||
| Current Valuation | 926.9 M | |||
| Shares Outstanding | 5.64 M | |||
| Shares Owned By Insiders | 0.13 % | |||
| Shares Owned By Institutions | 39.77 % | |||
| Number Of Shares Shorted | 101.39 K | |||
| Price To Earning | 3.05 X | |||
| Price To Book | 2.99 X | |||
| Price To Sales | 1.43 X | |||
| Revenue | 618.29 M | |||
| Gross Profit | 188.75 M | |||
| EBITDA | 95.3 M | |||
| Net Income | 61.48 M | |||
| Cash And Equivalents | 38.91 M | |||
| Cash Per Share | 0.53 X | |||
| Total Debt | 13 M | |||
| Debt To Equity | 0.70 % | |||
| Current Ratio | 1.28 X | |||
| Book Value Per Share | 7.57 X | |||
| Cash Flow From Operations | 73.73 M | |||
| Short Ratio | 4.51 X | |||
| Earnings Per Share | 12.18 X | |||
| Beta | 1.18 | |||
| Market Capitalization | 219 M | |||
| Total Asset | 878.52 M | |||
| Retained Earnings | 6.68 M | |||
| Working Capital | 22.81 M | |||
| Current Asset | 105.36 M | |||
| Current Liabilities | 82.55 M | |||
| Annual Yield | 0.14 % | |||
| Year To Date Return | 49.52 % | |||
| One Year Return | 49.67 % | |||
| Three Year Return | 25.91 % | |||
| Five Year Return | (7.50) % | |||
| Last Dividend Paid | 3.08 |
Currently Active Assets on Macroaxis
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Other Consideration for investing in Tortoise Fund
If you are still planning to invest in Tortoise Mlp Closed check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Tortoise Mlp's history and understand the potential risks before investing.
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