Tortoise Global Water Etf Current Valuation

TBLU Etf  USD 47.75  0.09  0.19%   
Valuation analysis of Tortoise Global Water helps investors to measure Tortoise Global's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Fairly Valued
Today
47.75
Please note that Tortoise Global's price fluctuation is very steady at this time. Calculation of the real value of Tortoise Global Water is based on 3 months time horizon. Increasing Tortoise Global's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Tortoise Global's intrinsic value may or may not be the same as its current market price of 47.75, 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  47.75 Real  48.15 Hype  47.76
The intrinsic value of Tortoise Global'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 Global'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.
48.15
Real Value
49.17
Upside
Estimating the potential upside or downside of Tortoise Global Water helps investors to forecast how Tortoise etf'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 Global more accurately as focusing exclusively on Tortoise Global's fundamentals will not take into account other important factors:
Hype
Prediction
LowEstimatedHigh
46.7447.7648.78
Details

Tortoise Global Water ETF Current Valuation Analysis

Tortoise Global's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition

In accordance with the recently published financial statements, Tortoise Global Water has a Current Valuation of 0.0. This indicator is about the same for the Tortoise Capital Advisors average (which is currently at 0.0) family and about the same as Natural Resources (which currently averages 0.0) category. This indicator is about the same for all United States etfs average (which is currently at 0.0).

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Fund Asset Allocation for Tortoise Global

The fund invests 99.88% of asset under management in tradable equity instruments, with the rest of investments concentrated in various types of exotic instruments.
Asset allocation divides Tortoise Global's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.

Tortoise Fundamentals

About Tortoise Global Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tortoise Global Water's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tortoise Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tortoise Global Water based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
Please read more on our fundamental analysis page.

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When determining whether Tortoise Global Water is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tortoise Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tortoise Global Water Etf. Highlighted below are key reports to facilitate an investment decision about Tortoise Global Water Etf:
Check out Tortoise Global Piotroski F Score and Tortoise Global Altman Z Score analysis.
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The market value of Tortoise Global Water is measured differently than its book value, which is the value of Tortoise that is recorded on the company's balance sheet. Investors also form their own opinion of Tortoise Global's value that differs from its market value or its book value, called intrinsic value, which is Tortoise Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tortoise Global's market value can be influenced by many factors that don't directly affect Tortoise Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tortoise Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.