Tortoise Energy Infrastructure Stock Price on November 27, 2024

TYG Stock  USD 46.00  0.54  1.19%   
Below is the normalized historical share price chart for Tortoise Energy Infrastructure extending back to February 25, 2004. 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 Energy stands at 46.00, as last reported on the 1st of December, with the highest price reaching 46.35 and the lowest price hitting 45.48 during the day.
IPO Date
25th of February 2004
200 Day MA
35.2015
50 Day MA
41.3536
Beta
2.14
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Tortoise Stock, it is important to understand the factors that can impact its price. Tortoise Energy appears to be very steady, given 3 months investment horizon. Tortoise Energy Infr owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.34, which indicates the firm had a 0.34% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tortoise Energy Infrastructure, which you can use to evaluate the volatility of the company. Please review Tortoise Energy's Risk Adjusted Performance of 0.2671, coefficient of variation of 290.16, and Semi Deviation of 0.5546 to confirm if our risk estimates are consistent with your expectations.
  
At this time, Tortoise Energy's Issuance Of Capital Stock is most likely to increase significantly in the upcoming years. . The Tortoise Energy's current Price Earnings To Growth Ratio is estimated to increase to 0.16, while Price To Sales Ratio is projected to decrease to 20.98. Tortoise Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.3415

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Estimated Market Risk

 1.19
  actual daily
10
90% of assets are more volatile

Expected Return

 0.41
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.34
  actual daily
26
74% of assets perform better
Based on monthly moving average Tortoise Energy is performing at about 26% 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.
Price Book
1.1363
Price Sales
36.3619
Dividend Share
2.84
Wall Street Target Price
34
Earnings Share
9.76

Related Headline

CBH Headline on 30th of August 2024

Filed transaction by CBH Executive. Grant, award or other acquisition pursuant to Rule 16b-3

Tortoise Energy Valuation on November 27, 2024

It is possible to determine the worth of Tortoise Energy on a given historical date. On November 27, 2024 Tortoise was worth 44.98 at the beginning of the trading date compared to the closed value of 45.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tortoise Energy stock. 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
  44.40    44.76    44.26    44.74    28,981  
11/27/2024
  44.98    45.53    44.94    45.46    24,513  
  45.87    46.35    45.48    46.00    34,359  
Backtest Tortoise Energy  |  Tortoise Energy History  |  Tortoise Energy Valuation   PreviousNext  
Open Value
44.98
45.46
Closing Value
48.55
Upside

Tortoise Energy Trading Date Momentum on November 27, 2024

On November 29 2024 Tortoise Energy Infrastructure was traded for  46.00  at the closing time. Highest Tortoise Energy's price during the trading hours was 46.35  and the lowest price during the day was  45.48 . The net volume was 34.4 K. The overall trading history on the 29th of November contributed to the next trading period price rise. The trading price change to the next next day price was 1.19% . The trading price change to current price is 0.90% .

Tortoise Energy Infr 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 Stock 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 Infr 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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding9.7 M15.2 M
Net Income Applicable To Common Shares92.9 M97.6 M

Tortoise Energy Stock Technical Analysis

Tortoise Energy technical stock 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, stock market cycles, or different charting patterns.
A focus of Tortoise Energy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tortoise Energy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Tortoise Energy Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Tortoise Energy Infrastructure 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 December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Tortoise Energy stock 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 stock market strength indicators, traders can identify Tortoise Energy Infrastructure 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 Stock 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.

Complementary Tools for Tortoise Stock analysis

When running Tortoise Energy's price analysis, check to measure Tortoise Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tortoise Energy is operating at the current time. Most of Tortoise Energy's value examination focuses on studying past and present price action to predict the probability of Tortoise Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tortoise Energy's price. Additionally, you may evaluate how the addition of Tortoise Energy to your portfolios can decrease your overall portfolio volatility.
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