Tortoise Energy Independence Price on January 21, 2025
| NDPDelisted Fund | USD 40.40 0.00 0.00% |
If you're considering investing in Tortoise Fund, it is important to understand the factors that can impact its price. As of today, the current price of Tortoise Energy stands at 40.40, as last reported on the 1st of February, with the highest price reaching 40.40 and the lowest price hitting 40.40 during the day. Currently, Tortoise Energy Independence is very steady. Tortoise Energy Inde owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0868, which indicates the fund had a 0.0868 % return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Tortoise Energy Independence, which you can use to evaluate the volatility of the fund. Please validate Tortoise Energy's Coefficient Of Variation of 1019.29, semi deviation of 1.11, and Risk Adjusted Performance of 0.0857 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%.
Tortoise Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tortoise |
Sharpe Ratio = 0.0868
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Estimated Market Risk
| 1.35 actual daily | 12 88% of assets are more volatile |
Expected Return
| 0.12 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Tortoise Energy is performing at about 6% of its full potential. 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 Tortoise Energy by adding it to a well-diversified portfolio.
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CBH Headline on 30th of August 2024
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Tortoise Energy Valuation on January 21, 2025
It is possible to determine the worth of Tortoise Energy on a given historical date. On January 21, 2025 Tortoise was worth 40.4 at the beginning of the trading date compared to the closed value of 40.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tortoise Energy fund. Still, in general, we apply an absolute valuation method to find Tortoise Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Tortoise Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tortoise Energy's related companies.
| Open | High | Low | Close | Volume | |
| 39.96 | 40.42 | 39.95 | 40.40 | 9,311 | |
12/23/2024 | 40.40 | 40.40 | 40.40 | 40.40 | 1.00 |
| 40.40 | 40.40 | 40.40 | 40.40 | 0.00 |
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Tortoise Energy Trading Date Momentum on January 21, 2025
| On February 01 2025 Tortoise Energy Independence was traded for 40.40 at the closing time. Highest Tortoise Energy's price during the trading hours was 40.40 and the lowest price during the day was 40.40 . There was no trading activity during the period 0.0. Lack of trading volume on the 1st of February did not result in any price rise and fall. The trading price change to current price is 0.00% . |
Tortoise Energy Inde Fundamentals Correlations and Trends
By evaluating Tortoise Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tortoise Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tortoise financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tortoise Energy Fund history
Tortoise Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tortoise is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tortoise Energy Inde will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tortoise Energy stock prices may prove useful in developing a viable investing in Tortoise Energy
Tortoise Energy Independence Fund, Inc. is a close ended equity mutual fund launched and managed by Tortoise Capital Advisors L.L.C. Tortoise Energy Independence Fund, Inc. was formed on July 26, 2005 2012 is domiciled in the United States. Tortoise Energy operates under Asset Management classification in the United States and is traded on New York Stock Exchange.
Tortoise Energy Fund Technical Analysis
Tortoise Energy technical fund analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted fund market cycles, or different charting patterns.
Price Boundaries
Tortoise Energy Period Price Range
Low | February 1, 2025
| High |
0.00 | 0.00 |
Tortoise Energy Independence cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Tortoise Energy February 1, 2025 Market Strength
Market strength indicators help investors to evaluate how Tortoise Energy fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tortoise Energy shares will generate the highest return on investment. By undertsting and applying Tortoise Energy fund market strength indicators, traders can identify Tortoise Energy Independence entry and exit signals to maximize returns
Tortoise Energy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tortoise Energy's price direction in advance. Along with the technical and fundamental analysis of Tortoise Fund historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tortoise to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0857 | |||
| Jensen Alpha | 0.1215 | |||
| Total Risk Alpha | 0.0107 | |||
| Sortino Ratio | 0.0355 | |||
| Treynor Ratio | (1.20) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any fund could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Other Consideration for investing in Tortoise Fund
If you are still planning to invest in Tortoise Energy Inde 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 Tortoise Energy's history and understand the potential risks before investing.
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