Tortoise North American Etf Price on November 25, 2024
| TPYP Etf | USD 35.78 0.01 0.03% |
Below is the normalized historical share price chart for Tortoise North American extending back to June 30, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tortoise North stands at 35.78, as last reported on the 19th of February, with the highest price reaching 36.06 and the lowest price hitting 35.66 during the day.
If you're considering investing in Tortoise Etf, it is important to understand the factors that can impact its price. Tortoise North American owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0124, which indicates the etf had a -0.0124 % return per unit of risk over the last 3 months. Tortoise North American exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tortoise North's Coefficient Of Variation of 2141.5, risk adjusted performance of 0.037, and Semi Deviation of 1.31 to confirm the risk estimate we provide.
Tortoise Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
3 y Volatility 18.14 | 200 Day MA 31.904 | 1 y Volatility 15.19 | 50 Day MA 35.1945 | Inception Date 2015-06-29 |
Tortoise |
Sharpe Ratio = -0.0124
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Estimated Market Risk
| 1.24 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tortoise North 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 Tortoise North by adding Tortoise North to a well-diversified portfolio.
Average Mkt Cap Mil 27.4 K |
Tortoise North Valuation on November 25, 2024
It is possible to determine the worth of Tortoise North on a given historical date. On November 25, 2024 Tortoise was worth 36.52 at the beginning of the trading date compared to the closed value of 35.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tortoise North etf. Still, in general, we apply an absolute valuation method to find Tortoise North'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 North where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tortoise North's related companies.
| Open | High | Low | Close | Volume | |
| 36.39 | 36.58 | 36.32 | 36.32 | 45,011 | |
11/25/2024 | 36.52 | 36.52 | 35.64 | 35.72 | 49,716 |
| 35.71 | 35.92 | 35.66 | 35.81 | 31,555 |
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Tortoise North Trading Date Momentum on November 25, 2024
| On November 26 2024 Tortoise North American was traded for 35.81 at the closing time. The top price for the day was 35.92 and the lowest listed price was 35.66 . The trading volume for the day was 31.6 K. The trading history from November 26, 2024 was a factor to the next trading day price gain. The trading price change against the next closing price was 0.25% . The trading price change against the current closing price is 0.78% . |
Tortoise North American Fundamentals Correlations and Trends
By evaluating Tortoise North'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 North'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 North Etf history
Tortoise North 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 North American 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 North stock prices may prove useful in developing a viable investing in Tortoise North
Tortoise North Etf Technical Analysis
Tortoise North technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Tortoise North Period Price Range
Low | February 19, 2025
| High |
0.00 | 0.00 |
Tortoise North American cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE ARCA 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 North February 19, 2025 Market Strength
Market strength indicators help investors to evaluate how Tortoise North etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tortoise North shares will generate the highest return on investment. By undertsting and applying Tortoise North etf market strength indicators, traders can identify Tortoise North American entry and exit signals to maximize returns
Tortoise North Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tortoise North's price direction in advance. Along with the technical and fundamental analysis of Tortoise Etf 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 | 0.037 | |||
| Jensen Alpha | 0.0406 | |||
| Total Risk Alpha | 0.0219 | |||
| Sortino Ratio | 0.0226 | |||
| Treynor Ratio | 0.1007 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tortoise North American. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
The market value of Tortoise North American 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 North's value that differs from its market value or its book value, called intrinsic value, which is Tortoise North'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 North's market value can be influenced by many factors that don't directly affect Tortoise North'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 North's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise North is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise North'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.