Tortoise Capital Price To Earning vs. Beta
| TPZ Etf | USD 20.78 0.14 0.67% |
For Tortoise Capital profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tortoise Capital to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tortoise Capital Series utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tortoise Capital's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tortoise Capital Series over time as well as its relative position and ranking within its peers.
Tortoise |
The market value of Tortoise Capital Series 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 Capital's value that differs from its market value or its book value, called intrinsic value, which is Tortoise Capital'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 Capital's market value can be influenced by many factors that don't directly affect Tortoise Capital'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 Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise Capital'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.
Tortoise Capital Series Beta vs. Price To Earning Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tortoise Capital's current stock value. Our valuation model uses many indicators to compare Tortoise Capital value to that of its competitors to determine the firm's financial worth. Tortoise Capital Series is rated fifth largest ETF in price to earning as compared to similar ETFs. It also is rated fifth largest ETF in beta as compared to similar ETFs totaling about 0.08 of Beta per Price To Earning. The ratio of Price To Earning to Beta for Tortoise Capital Series is roughly 13.00 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tortoise Capital's earnings, one of the primary drivers of an investment's value.Tortoise Beta vs. Price To Earning
Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Tortoise Capital |
| = | 10.14 X |
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Tortoise Capital |
| = | 0.78 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Tortoise Beta Comparison
Tortoise Capital is currently under evaluation in beta as compared to similar ETFs.
Beta Analysis
As returns on the market increase, Tortoise Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tortoise Capital is expected to be smaller as well.
Tortoise Capital Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tortoise Capital, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tortoise Capital will eventually generate negative long term returns. The profitability progress is the general direction of Tortoise Capital's change in net profit over the period of time. It can combine multiple indicators of Tortoise Capital, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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.
Tortoise Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tortoise Capital. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tortoise Capital position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tortoise Capital's important profitability drivers and their relationship over time.
| Price To Earning vs Annual Yield | ||
| Year To Date Return vs Beta | ||
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| Price To Earning vs Five Year Return | ||
| Last Dividend Paid vs Beta |
Learn to be your own money manager
Our tools can tell you how much better you can do entering a position in Tortoise Capital without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Use Investing Themes to Complement your Tortoise Capital position
In addition to having Tortoise Capital in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Candy and Soda Theme or any other thematic opportunities.
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Other Information on Investing in Tortoise Etf
To fully project Tortoise Capital's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tortoise Capital Series at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Tortoise Capital's income statement, its balance sheet, and the statement of cash flows.