Tortoise Global Water Etf Analysis
| TBLU Etf | USD 47.75 0.09 0.19% |
Tortoise Global Water is fairly valued with Real Value of 48.15 and Hype Value of 47.76. The main objective of Tortoise Global etf analysis is to determine its intrinsic value, which is an estimate of what Tortoise Global Water is worth, separate from its market price. There are two main types of Tortoise Etf analysis: fundamental analysis and technical analysis.
The Tortoise Global etf is traded in the USA on NYSE ARCA Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
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Tortoise Etf Analysis Notes
Tortoise Global is is formed as Regulated Investment Company in the United States. ETF is managed and operated by U.S. Bancorp Fund Services, LLC. The fund has 42 constituents with avarage daily trading value of 2.1 K. The fund charges 0.4 percent management fee with a total expences of 0.4 percent of total asset. The fund maintains 99.88% of assets in stocks. Tortoise Global Water last dividend was 0.119 per share. The investment seeks investment results that correspond generally to the price and distribution rate performance of the Tortoise Global Water ESG Net Total Return IndexSM. Tortoise Global is traded on BTS Exchange in the United States. To find out more about Tortoise Global Water contact the company at 844-874-6339.Sector Exposure
Tortoise Global Water constituents include assets from different sectors. As a result, investing in Tortoise Global lets you gain exposure to equities across multiple sectors, sub-sectors, or industries. This can reduce the risk of holding a single asset or a fund not diversified across different sectors or industries. Typically, investors would invest in Tortoise Global because they prefer to avoid the increased volatility of non-sector ETFs.
Different industry classifications and sub-sectors that are found among Tortoise Global's constituents divide the investing landscape into groups of entities that employ similar trades or provide related services. Combining these segments enables in-depth research of market dynamics to see which parts of the economy are growing or fading. In addition, sector investments offer targeted exposure to these segments, giving investors a wide variety of options to enhance their portfolios' asset allocations and adapt to market volatility.
Currency Exposure
Tortoise Global Water manages assets traded in foreign countries, and the goal of international investors is to ensure that the increase in value from foreign constituents of Tortoise Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, investors should be aware of the risk associated with depending on the development of foreign currencies.
Tortoise Global Water Investment Alerts
| Tortoise Global generated a negative expected return over the last 90 days | |
| Tortoise Global Water was previously known as Ecofin Global Water and was traded on NYSE ARCA Exchange under the symbol EBLU. | |
| Latest headline from benzinga.com: Leading And Lagging Sectors For December 20, 2024 | |
| The fund created-71.0 ten year return of -71.0% | |
| Tortoise Global Water maintains 99.88% of its assets in stocks |
Tortoise Global Thematic Classifications
In addition to having Tortoise Global etf in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | Industrials ETFsUSA ETFs from Industrials clasification | |
| Sector ETFsUSA ETFs from Sector clasification |
Management Efficiency
Tortoise Global's management efficiency ratios could be used to measure how well Tortoise Global manages its routine affairs as well as how well it operates its assets and liabilities.The decision-making processes within Tortoise Global are key to its success in a competitive market. By evaluating these processes, we assess the stock's potential for future gains.
Returns 3 Y 1.15 | Returns 5 Y 8.22 | Returns 1 Y 11.67 | Total Assets 71.7 M | Returns YTD 9.69 |
Top Tortoise Global Water Etf Constituents
| ITRI | Itron Inc | Stock | |
| VMI | Valmont Industries | Stock | |
| AQUA | Evoqua Water Technologies | Stock | |
| AOS | Smith AO | Stock | |
| AWK | American Water Works | Stock | |
| PNR | Pentair PLC | Stock | |
| WTRG | Essential Utilities | Stock | |
| XYL | Xylem Inc | Stock | |
| TTEK | Tetra Tech | Stock | |
| ECL | Ecolab Inc | Stock |
Technical Drivers
As of the 22nd of December, Tortoise Global has the Variance of 1.03, coefficient of variation of (2,748), and Risk Adjusted Performance of (0.03). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tortoise Global Water, as well as the relationship between them.Tortoise Global Water Price Movement Analysis
The output start index for this execution was nineteen with a total number of output elements of fourty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Tortoise Global middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Tortoise Global Water. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Tortoise Global Predictive Daily Indicators
Tortoise Global intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tortoise Global etf daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Tortoise Global Forecast Models
Tortoise Global's time-series forecasting models are one of many Tortoise Global's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tortoise Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Tortoise Etf Analysis
Etf analysis is the technique used by a trader or investor to examine and evaluate how Tortoise Global prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Tortoise shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Tortoise Global. By using and applying Tortoise Etf analysis, traders can create a robust methodology for identifying Tortoise entry and exit points for their positions.
The investment seeks investment results that correspond generally to the price and distribution rate performance of the Tortoise Global Water ESG Net Total Return IndexSM. Tortoise Global is traded on BTS Exchange in the United States.
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our etf analysis tools, you can find out how much better you can do when adding Tortoise Global to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tortoise Global Water. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
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.