Tortoise North American Etf Analysis

Tortoise Etf Analysis Notes

Tortoise North is is formed as Regulated Investment Company in the United States. ETF is managed and operated by U.S. Bancorp Fund Services, LLC. The fund has 45 constituents with avarage daily trading value of 45.7 K. The fund charges 0.4 percent management fee with a total expences of 0.4 percent of total asset. The fund created five year return of 16.0%. Tortoise North American maintains 99.79% of assets in stocks. This fund last dividend was 0.244 per share. The fund will normally invest at least 80 percent of its total assets in securities that comprise the underlying index . Tortoise North is traded on NYSEARCA Exchange in the United States. To find out more about Tortoise North American contact the company at NA.

Sector Exposure

Currency Exposure

Tortoise North American Investment Alerts

Tortoise North Thematic Classifications

Management Efficiency

Tortoise North's management efficiency ratios could be used to measure how well Tortoise North manages its routine affairs as well as how well it operates its assets and liabilities.

Top Tortoise North American Etf Constituents

Institutional Etf Holders for Tortoise North

Note, although Tortoise North's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Technical Drivers

As of the 26th of November, Tortoise North has the Risk Adjusted Performance of 0.2878, downside deviation of 0.6008, and Standard Deviation of 0.798. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tortoise North American, as well as the relationship between them.

Tortoise North American Price Movement Analysis

Tortoise North Outstanding Bonds

Tortoise North Predictive Daily Indicators

Tortoise North Forecast Models

Tortoise North's time-series forecasting models are one of many Tortoise North's etf analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tortoise North's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Etf analysis is the technique used by a trader or investor to examine and evaluate how Tortoise North prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Tortoise shares will generate the highest return on investment. We also built our etf analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Etf such as Tortoise North. By using and applying Tortoise Etf analysis, traders can create a robust methodology for identifying Tortoise entry and exit points for their positions.

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tortoise North American. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

The market value of Tortoise North American is measured differently than its book value, which is the value of Tortoise that is recorded on the company's balance sheet. Investors also form their own opinion of Tortoise North's value that differs from its market value or its book value, called intrinsic value, which is Tortoise North's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tortoise North's market value can be influenced by many factors that don't directly affect Tortoise North's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Tortoise North's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise North is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise North's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.