Tortoise North Valuation
| TPYP Etf | USD 35.39 0.51 1.42% |
At this time, the etf appears to be overvalued. Tortoise North American has a current Real Value of $32.84 per share. The regular price of the etf is $35.39. Our model measures the value of Tortoise North American from inspecting the etf fundamentals such as Price To Earning of 27.73 X, number of employees of 379, and Three Year Return of 19.80 % as well as reviewing its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Tortoise North's price fluctuation is very steady at this time. Calculation of the real value of Tortoise North American is based on 3 months time horizon. Increasing Tortoise North's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Tortoise North's intrinsic value may or may not be the same as its current market price of 35.39, 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 35.39 | Real 32.84 | Hype 35.39 | Naive 34.23 |
The intrinsic value of Tortoise North'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 North'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 North American helps investors to forecast how Tortoise etf'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 North more accurately as focusing exclusively on Tortoise North's fundamentals will not take into account other important factors: About Tortoise North Valuation
The etf valuation mechanism determines Tortoise North's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Tortoise North American based exclusively on its fundamental and basic technical indicators. As compared to an absolute model, our relative valuation model uses a comparative analysis of Tortoise North. We calculate exposure to Tortoise North's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Tortoise North's related companies. When determining whether Tortoise North American is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tortoise Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tortoise North American Etf. Highlighted below are key reports to facilitate an investment decision about Tortoise North American Etf: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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.