Tortoise Pipeline And Fund Current Valuation
| TTP Fund | USD 51.30 0.81 1.55% |
Valuation analysis of Tortoise Pipeline And helps investors to measure Tortoise Pipeline's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns.
Overvalued
Today
Please note that Tortoise Pipeline's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Tortoise Pipeline And has a current Real Value of $48.48 per share. The regular price of the fund is $51.3. We determine the value of Tortoise Pipeline And from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend buying undervalued funds and selling overvalued funds since, at some point, fund prices and their ongoing real values will draw towards each other.
Tortoise Pipeline's intrinsic value may or may not be the same as its current market price of 51.30, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 51.3 | Real 48.48 | Hype 51.56 |
The intrinsic value of Tortoise Pipeline's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Tortoise Pipeline's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Tortoise Pipeline And helps investors to forecast how Tortoise fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Tortoise Pipeline more accurately as focusing exclusively on Tortoise Pipeline's fundamentals will not take into account other important factors: Tortoise Pipeline And Fund Current Valuation Analysis
Tortoise Pipeline's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Tortoise Pipeline Current Valuation | 83.49 M |
Most of Tortoise Pipeline's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tortoise Pipeline And is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Tortoise Pipeline And has a Current Valuation of 83.49 M. This is much higher than that of the Financial Services family and significantly higher than that of the Asset Management category. The current valuation for all United States funds is notably lower than that of the firm.
Tortoise Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tortoise Pipeline's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the funds which would be a good addition to a portfolio. Peer analysis of Tortoise Pipeline could also be used in its relative valuation, which is a method of valuing Tortoise Pipeline by comparing valuation metrics of similar companies.Tortoise Pipeline is currently under evaluation in current valuation among similar funds.
Tortoise Fundamentals
| Return On Equity | 26.03 | ||||
| Return On Asset | 0.62 | ||||
| Profit Margin | 865.45 % | ||||
| Operating Margin | 42.60 % | ||||
| Current Valuation | 83.49 M | ||||
| Shares Outstanding | 2.28 M | ||||
| Shares Owned By Insiders | 0.34 % | ||||
| Shares Owned By Institutions | 43.38 % | ||||
| Number Of Shares Shorted | 3.16 K | ||||
| Price To Earning | 2.92 X | ||||
| Price To Book | 1.43 X | ||||
| Price To Sales | 29.72 X | ||||
| Revenue | 2.19 M | ||||
| Gross Profit | 1.75 M | ||||
| Net Income | 18.93 M | ||||
| Cash And Equivalents | 217.86 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 20.91 M | ||||
| Debt To Equity | 0.26 % | ||||
| Current Ratio | 0.55 X | ||||
| Book Value Per Share | 19.97 X | ||||
| Cash Flow From Operations | 5.13 M | ||||
| Short Ratio | 0.51 X | ||||
| Earnings Per Share | (31.70) X | ||||
| Beta | 2.04 | ||||
| Market Capitalization | 25.24 M | ||||
| Annual Yield | 0.06 % | ||||
| Year To Date Return | 61.47 % | ||||
| One Year Return | 65.35 % | ||||
| Three Year Return | 29.81 % | ||||
| Five Year Return | 5.71 % | ||||
| Last Dividend Paid | 2.36 |
About Tortoise Pipeline Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tortoise Pipeline And's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tortoise Pipeline using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tortoise Pipeline And based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Tortoise Pipeline
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tortoise Pipeline position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tortoise Pipeline will appreciate offsetting losses from the drop in the long position's value.Moving together with Tortoise Fund
Moving against Tortoise Fund
| 0.89 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.85 | PFE | Pfizer Inc Aggressive Push | PairCorr |
| 0.85 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.7 | BA | Boeing Fiscal Year End 29th of January 2025 | PairCorr |
| 0.6 | EHI | Western Asset Global | PairCorr |
The ability to find closely correlated positions to Tortoise Pipeline could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tortoise Pipeline when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tortoise Pipeline - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tortoise Pipeline And to buy it.
The correlation of Tortoise Pipeline is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tortoise Pipeline moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tortoise Pipeline And moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tortoise Pipeline can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Tortoise Fund
Tortoise Pipeline 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 Pipeline security.
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