Ecofin Sustainable One Year Return vs. Five Year Return
| TEAF Fund | USD 12.62 0.06 0.47% |
For Ecofin Sustainable profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Ecofin Sustainable to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Ecofin Sustainable And utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Ecofin Sustainable's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Ecofin Sustainable And over time as well as its relative position and ranking within its peers.
Ecofin |
Ecofin Sustainable And Five Year Return vs. One Year Return Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Ecofin Sustainable's current stock value. Our valuation model uses many indicators to compare Ecofin Sustainable value to that of its competitors to determine the firm's financial worth. Ecofin Sustainable And is rated below average in one year return among similar funds. It is rated third largest fund in five year return among similar funds reporting about 0.42 of Five Year Return per One Year Return. The ratio of One Year Return to Five Year Return for Ecofin Sustainable And is roughly 2.37 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Ecofin Sustainable by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Ecofin Five Year Return vs. One Year Return
One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
Ecofin Sustainable |
| = | 7.66 % |
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.
Ecofin Sustainable |
| = | 3.23 % |
Although Five Year Returns can give a sense of overall investment potential, it is recommended to compare equity performance with similar assets for the same five year time interval. Similarly, comparing overall investment performance over the last five years with the appropriate market index is a great way to determine how this equity instrument will perform during unforeseen market fluctuations.
Ecofin Five Year Return Comparison
Ecofin Sustainable is currently under evaluation in five year return among similar funds.
Ecofin Sustainable Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Ecofin Sustainable, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Ecofin Sustainable will eventually generate negative long term returns. The profitability progress is the general direction of Ecofin Sustainable's change in net profit over the period of time. It can combine multiple indicators of Ecofin Sustainable, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Tortoise Essential Assets Income Term Fund is a closed-ended balanced mutual fund launched and managed by Tortoise Capital Advisors L.L.C. It invests in equity and fixed income markets. The fund seeks to invest in securities of companies operating in the essential asset sectors, which includes education, housing, healthcare, social and human services, power, water, energy, infrastructure, basic materials, industrial, transportation and telecommunications sectors. The fund primarily seeks to invest in stocks of companies across all market capitalizations, as well as in corporate and government issues debt securities. Its corporate debt investment include high yield securities of any maturity. The fund also invests in private equities. It employs both fundamental and quantitative analysis with a focus on such proprietary financial, risk and valuation models to create its portfolio. The fund was formerly known as Tortoise Essential Assets Income 2024 Term Fund, Inc. Tortoise Essential Assets Income Term Fund was formed in 2017 and is domiciled in the United States.
Ecofin Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Ecofin Sustainable. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Ecofin Sustainable position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Ecofin Sustainable's important profitability drivers and their relationship over time.
| One Year Return vs Price To Earning | ||
| Annual Yield vs Five Year Return | ||
| One Year Return vs Year To Date Return | ||
| Three Year Return vs Five Year Return | ||
| One Year Return vs Last Dividend Paid |
Use Ecofin Sustainable in pair-trading
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 Ecofin Sustainable 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 Ecofin Sustainable will appreciate offsetting losses from the drop in the long position's value.Ecofin Sustainable Pair Trading
Ecofin Sustainable And Pair Trading Analysis
The ability to find closely correlated positions to Ecofin Sustainable could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ecofin Sustainable 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 Ecofin Sustainable - 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 Ecofin Sustainable And to buy it.
The correlation of Ecofin Sustainable 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 Ecofin Sustainable moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ecofin Sustainable 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 Ecofin Sustainable 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.Use Investing Themes to Complement your Ecofin Sustainable position
In addition to having Ecofin Sustainable in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Volatility ETFs Thematic Idea Now
Volatility ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Volatility ETFs theme has 27 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Volatility ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Other Information on Investing in Ecofin Fund
To fully project Ecofin Sustainable's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Ecofin Sustainable And at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Ecofin Sustainable's income statement, its balance sheet, and the statement of cash flows.
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Global Correlations Find global opportunities by holding instruments from different markets |