Tortoise Power And Fund Price on November 26, 2024
| TPZ Fund | USD 20.54 0.36 1.72% |
Below is the normalized historical share price chart for Tortoise Power And extending back to July 29, 2009. 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 Power stands at 20.54, as last reported on the 26th of November, with the highest price reaching 20.96 and the lowest price hitting 20.36 during the day.
If you're considering investing in Tortoise Fund, it is important to understand the factors that can impact its price. Tortoise Power appears to be very steady, given 3 months investment horizon. Tortoise Power And owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.26, which indicates the fund had a 0.26% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tortoise Power And, which you can use to evaluate the volatility of the fund. Please review Tortoise Power's Semi Deviation of 0.6756, coefficient of variation of 406.68, and Risk Adjusted Performance of 0.19 to confirm if our risk estimates are consistent with your expectations.
Tortoise Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tortoise |
Sharpe Ratio = 0.2585
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Estimated Market Risk
| 0.97 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Tortoise Power is performing at about 20% 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 Power by adding it to a well-diversified portfolio.
Market Capitalization 91.6 M |
Tortoise Power Valuation on November 26, 2024
It is possible to determine the worth of Tortoise Power on a given historical date. On November 26, 2024 Tortoise was worth 20.8 at the beginning of the trading date compared to the closed value of 20.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tortoise Power fund. Still, in general, we apply an absolute valuation method to find Tortoise Power'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 Power where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tortoise Power's related companies.
| Open | High | Low | Close | Volume | |
| 20.80 | 20.96 | 20.36 | 20.54 | 15,516 | |
11/26/2024 | 20.80 | 20.96 | 20.36 | 20.54 | 0.00 |
| Backtest Tortoise Power | | | Tortoise Power History | | | Tortoise Power Valuation | Previous |
Tortoise Power Trading Date Momentum on November 26, 2024
| On November 26 2024 Tortoise Power And was traded for 20.54 at the closing time. Highest Tortoise Power's price during the trading hours was 20.96 and the lowest price during the day was 20.36 . There was no trading activity during the period 0.0. Lack of trading volume on the 26th of November did not result in any price rise and fall. The trading price change to current price is 1.27% . |
Tortoise Power And Fundamentals Correlations and Trends
By evaluating Tortoise Power'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 Power'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 Power Fund history
Tortoise Power 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 Power And 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 Power stock prices may prove useful in developing a viable investing in Tortoise Power
Tortoise Power and Energy Infrastructure Fund, Inc. is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors, LLC. The fund invests in the fixed income and public equity markets of the United States. It invests in securities of companies operating in the power and energy infrastructure sectors. The fund 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. It was formerly known as Tortoise Power and Energy Income Company. Tortoise Power and Energy Infrastructure Fund, Inc. was formed on July 5, 2007 and is domiciled in the United States.
Tortoise Power Fund Technical Analysis
Tortoise Power 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, fund market cycles, or different charting patterns.
Price Boundaries
Tortoise Power Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Tortoise Power And 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 Power November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Tortoise Power 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 Power shares will generate the highest return on investment. By undertsting and applying Tortoise Power fund market strength indicators, traders can identify Tortoise Power And entry and exit signals to maximize returns
Tortoise Power Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tortoise Power'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 | 0.19 | |||
| Jensen Alpha | 0.16 | |||
| Total Risk Alpha | 0.0778 | |||
| Sortino Ratio | 0.1127 | |||
| Treynor Ratio | 0.3973 |
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Other Information on Investing in Tortoise Fund
Tortoise Power 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 Power security.
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