Tortoise Pipeline Financials
| TTP Fund | USD 52.11 0.76 1.48% |
Tortoise |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Tortoise Pipeline Fund Summary
Tortoise Pipeline competes with MFS Investment, Eaton Vance, Blackrock Muniyield, Munivest Fund, and DTF Tax. Tortoise Pipeline Energy Fund, Inc. is a closed ended equity mutual fund launched and managed by Tortoise Capital Advisors, LLC. It invests in public equity markets of North America. The fund invests in pipeline companies that engage in the business of transporting natural gas, natural gas liquids, crude oil, and refined petroleum products. It employs a fundamental analysis with a bottom up stock picking approach with focus on factors like comparison of quantitative, qualitative, and relative value factors to create its portfolio. Tortoise Pipeline Energy Fund, Inc. was formed on July 19, 2011 and is domiciled in the United States.Specialization | null, Energy Limited Partnership |
| Instrument | USA Fund View All |
| Exchange | New York Stock Exchange |
| ISIN | US89148H2076 |
| CUSIP | 89148H108 89148H207 |
| Location | Kansas; U.S.A |
| Business Address | 6363 College Boulevard |
| Fund Family | Financial Services |
| Fund Category | Asset Management |
| Benchmark | Dow Jones Industrial |
| Website | closedendfunds.tortoiseadvisors.com/ttp/overview/ |
| Phone | 913 981 1020 |
| Currency | USD - US Dollar |
Tortoise Pipeline Key Financial Ratios
Tortoise Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tortoise Pipeline's current stock value. Our valuation model uses many indicators to compare Tortoise Pipeline value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tortoise Pipeline competition to find correlations between indicators driving Tortoise Pipeline's intrinsic value. More Info.Tortoise Pipeline And is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 0.49 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Tortoise Pipeline And is roughly 2.04 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Tortoise Pipeline by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Tortoise Pipeline And Systematic Risk
Tortoise Pipeline's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tortoise Pipeline volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Tortoise Pipeline And correlated with the market. If Beta is less than 0 Tortoise Pipeline generally moves in the opposite direction as compared to the market. If Tortoise Pipeline Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tortoise Pipeline And is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tortoise Pipeline is generally in the same direction as the market. If Beta > 1 Tortoise Pipeline moves generally in the same direction as, but more than the movement of the benchmark.
Tortoise Pipeline November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tortoise Pipeline help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tortoise Pipeline And. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tortoise Pipeline And based on widely used predictive technical indicators. In general, we focus on analyzing Tortoise Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tortoise Pipeline's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6733 | |||
| Information Ratio | 0.266 | |||
| Maximum Drawdown | 5.08 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 1.95 |
Other Information on Investing in Tortoise Fund
Tortoise Pipeline financial ratios help investors to determine whether Tortoise Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tortoise with respect to the benefits of owning Tortoise Pipeline security.
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