Tortoise Mlp Fund Price on December 3, 2024
| XNTGX Fund | USD 64.66 0.13 0.20% |
Below is the normalized historical share price chart for Tortoise Mlp extending back to August 16, 2010. 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 Mlp stands at 64.66, as last reported on the 4th of December, with the highest price reaching 64.66 and the lowest price hitting 64.66 during the day.
If you're considering investing in Tortoise Mutual Fund, it is important to understand the factors that can impact its price. Tortoise Mlp appears to be very steady, given 3 months investment horizon. Tortoise Mlp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.29, which indicates the fund had a 0.29% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tortoise Mlp, which you can use to evaluate the volatility of the fund. Please review Tortoise Mlp's Semi Deviation of 0.7125, risk adjusted performance of 0.2389, and Coefficient Of Variation of 324.19 to confirm if our risk estimates are consistent with your expectations.
Tortoise Mutual Fund price history is provided at the adjusted basis, taking into account all of the recent filings.
Tortoise |
Sharpe Ratio = 0.2868
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Estimated Market Risk
| 1.18 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.29 actual daily | 22 78% of assets perform better |
Based on monthly moving average Tortoise Mlp is performing at about 22% 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 Mlp by adding it to a well-diversified portfolio.
Tortoise Mlp Valuation on December 3, 2024
It is possible to determine the worth of Tortoise Mlp on a given historical date. On December 3, 2024 Tortoise was worth 64.66 at the beginning of the trading date compared to the closed value of 64.66. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tortoise Mlp mutual fund. Still, in general, we apply an absolute valuation method to find Tortoise Mlp'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 Mlp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tortoise Mlp's related companies.
| Open | High | Low | Close | Volume | |
| 64.53 | 64.53 | 64.53 | 64.53 | 1.00 | |
12/03/2024 | 64.66 | 64.66 | 64.66 | 64.66 | 1.00 |
| Backtest Tortoise Mlp | | | Tortoise Mlp History | Previous |
Tortoise Mlp Trading Date Momentum on December 3, 2024
| On December 03 2024 Tortoise Mlp was traded for 64.66 at the closing time. The highest daily price throughout the period was 64.66 and the lowest price was 64.66 . There was no trading activity during the period 1.0. Lack of trading volume on 12/03/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.00% . |
About Tortoise Mlp Mutual Fund history
Tortoise Mlp 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 Mlp 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 Mlp stock prices may prove useful in developing a viable investing in Tortoise Mlp
Tortoise Mlp Mutual Fund Technical Analysis
Tortoise Mlp technical mutual 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 Mlp Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Tortoise Mlp cannot be verified against its exchange. Please verify the symbol is currently traded on NMFQS 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 Mlp December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Tortoise Mlp mutual 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 Mlp shares will generate the highest return on investment. By undertsting and applying Tortoise Mlp mutual fund market strength indicators, traders can identify Tortoise Mlp entry and exit signals to maximize returns
Tortoise Mlp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tortoise Mlp's price direction in advance. Along with the technical and fundamental analysis of Tortoise Mutual 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 | 0.2389 | |||
| Jensen Alpha | 0.3367 | |||
| Total Risk Alpha | 0.194 | |||
| Sortino Ratio | 0.2281 | |||
| Treynor Ratio | 2.16 |
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Other Information on Investing in Tortoise Mutual Fund
Tortoise Mlp financial ratios help investors to determine whether Tortoise Mutual 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 Mlp security.
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