TortoiseEcofin Acquisition III Performance
The entity has a beta of -0.0198, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning TortoiseEcofin Acquisition are expected to decrease at a much lower rate. During the bear market, TortoiseEcofin Acquisition is likely to outperform the market. TortoiseEcofin Acquisition right now has a risk of 0.0%. Please validate TortoiseEcofin Acquisition jensen alpha and downside variance , to decide if TortoiseEcofin Acquisition will be following its existing price patterns.
Risk-Adjusted Performance
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Over the last 90 days TortoiseEcofin Acquisition III has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, TortoiseEcofin Acquisition is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 79 K |
TortoiseEcofin |
TortoiseEcofin Acquisition Relative Risk vs. Return Landscape
If you would invest (100.00) in TortoiseEcofin Acquisition III on October 12, 2024 and sell it today you would earn a total of 100.00 from holding TortoiseEcofin Acquisition III or generate -100.0% return on investment over 90 days. TortoiseEcofin Acquisition III is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than TortoiseEcofin, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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TortoiseEcofin Acquisition Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for TortoiseEcofin Acquisition's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as TortoiseEcofin Acquisition III, and traders can use it to determine the average amount a TortoiseEcofin Acquisition'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 = 0.0
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Based on monthly moving average TortoiseEcofin Acquisition 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 TortoiseEcofin Acquisition by adding TortoiseEcofin Acquisition to a well-diversified portfolio.
TortoiseEcofin Acquisition Fundamentals Growth
TortoiseEcofin Stock prices reflect investors' perceptions of the future prospects and financial health of TortoiseEcofin Acquisition, and TortoiseEcofin Acquisition 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 TortoiseEcofin Stock performance.
| Return On Asset | -0.0077 | |||
| Current Valuation | 267.85 M | |||
| Shares Outstanding | 15.52 M | |||
| Price To Earning | (123.25) X | |||
| Price To Book | 1.71 X | |||
| EBITDA | (2.96 M) | |||
| Cash And Equivalents | 566.2 K | |||
| Cash Per Share | 0.01 X | |||
| Total Debt | 1.7 M | |||
| Debt To Equity | 0.05 % | |||
| Book Value Per Share | (0.49) X | |||
| Cash Flow From Operations | (1.06 M) | |||
| Earnings Per Share | 0.25 X | |||
| Total Asset | 183.78 M | |||
| Retained Earnings | (11.6 M) | |||
| Current Asset | 547.79 K | |||
| Current Liabilities | 201.77 K | |||
About TortoiseEcofin Acquisition Performance
By examining TortoiseEcofin Acquisition's fundamental ratios, stakeholders can obtain critical insights into TortoiseEcofin Acquisition's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that TortoiseEcofin Acquisition is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in Overland Park, Kansas. Tortoiseecofin Acquisition is traded on New York Stock Exchange in the United States.Things to note about TortoiseEcofin Acquisition performance evaluation
Checking the ongoing alerts about TortoiseEcofin Acquisition for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for TortoiseEcofin Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| TortoiseEcofin Acquisition is not yet fully synchronised with the market data | |
| TortoiseEcofin Acquisition has some characteristics of a very speculative penny stock | |
| TortoiseEcofin Acquisition has a very high chance of going through financial distress in the upcoming years | |
| TortoiseEcofin Acquisition III currently holds about 566.2 K in cash with (1.06 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
- Analyzing TortoiseEcofin Acquisition'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 TortoiseEcofin Acquisition's stock is overvalued or undervalued compared to its peers.
- Examining TortoiseEcofin Acquisition'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 TortoiseEcofin Acquisition's management team can have a significant impact on its success or failure. Reviewing the track record and experience of TortoiseEcofin Acquisition's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of TortoiseEcofin Acquisition's stock. These opinions can provide insight into TortoiseEcofin Acquisition's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Other Consideration for investing in TortoiseEcofin Stock
If you are still planning to invest in TortoiseEcofin Acquisition 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 TortoiseEcofin Acquisition's history and understand the potential risks before investing.
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