Tortoise Mlp Pipeline Fund Manager Performance Evaluation
| TORCX Fund | USD 15.13 0.07 0.46% |
The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tortoise Mlp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tortoise Mlp is expected to be smaller as well.
Risk-Adjusted Performance
17 of 100
Weak | Strong |
Solid
Compared to the overall equity markets, risk-adjusted returns on investments in Tortoise Mlp Pipeline are ranked lower than 17 (%) of all funds and portfolios of funds over the last 90 days. In spite of fairly weak fundamental indicators, Tortoise Mlp may actually be approaching a critical reversion point that can send shares even higher in May 2024.
...more| Expense Ratio | 1.9300 |
Tortoise |
Tortoise Mlp Relative Risk vs. Return Landscape
If you would invest 1,354 in Tortoise Mlp Pipeline on January 25, 2024 and sell it today you would earn a total of 159.00 from holding Tortoise Mlp Pipeline or generate 11.74% return on investment over 90 days. Tortoise Mlp Pipeline is currently producing 0.1797% returns and takes up 0.8242% volatility of returns over 90 trading days. Put another way, 7% of traded mutual funds are less volatile than Tortoise, and 97% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Tortoise Mlp Current Valuation
Undervalued
Today
Please note that Tortoise Mlp's price fluctuation is very steady at this time. At this time, the fund appears to be undervalued. Tortoise Mlp Pipeline has a current Real Value of $15.44 per share. The regular price of the fund is $15.13. We determine the value of Tortoise Mlp Pipeline from inspecting fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we recommend acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will draw towards each other.
Our valuation method for Tortoise Mlp Pipeline is useful when determining the fair value of the Tortoise mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Tortoise Mlp. Since Tortoise Mlp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tortoise Mutual Fund. However, Tortoise Mlp's intrinsic value may or may not be the same as its current market price, 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 15.13 | Real 15.44 | Hype 15.06 | Naive 14.92 |
The real value of Tortoise Mutual Fund, also known as its intrinsic value, is the underlying worth of Tortoise Mlp Pipeline Mutual Fund, which is reflected in its stock price. It is based on Tortoise Mlp's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Tortoise Mlp'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 Mlp'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 Mlp Pipeline helps investors to forecast how Tortoise mutual 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 Mlp more accurately as focusing exclusively on Tortoise Mlp's fundamentals will not take into account other important factors: Tortoise Mlp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tortoise Mlp's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Tortoise Mlp Pipeline, and traders can use it to determine the average amount a Tortoise Mlp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2181
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 0.82 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.18 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Tortoise Mlp is performing at about 17% 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 Fundamentals Growth
Tortoise Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Tortoise Mlp, and Tortoise Mlp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Tortoise Mutual Fund performance.
| Price To Earning | 25.35 X | |||
| Price To Book | 1.95 X | |||
| Price To Sales | 1.44 X | |||
| Total Asset | 2.38 B | |||
About Tortoise Mlp Performance
To evaluate Tortoise Mlp Pipeline Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Tortoise Mlp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Tortoise Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Tortoise Mlp Pipeline market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Tortoise's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund normally invests at least 80 percent of its net assets plus the amount of any borrowings for investment purposes in securities of energy infrastructure companies. The advisor intends to focus its investments primarily in equity securities of midstream infrastructure and also may invest in midstream master limited partnerships and power and renewable infrastructure. It is non-diversified.Things to note about Tortoise Mlp Pipeline performance evaluation
Checking the ongoing alerts about Tortoise Mlp for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Tortoise Mlp Pipeline help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Evaluating Tortoise Mlp's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Tortoise Mlp's mutual fund performance include:- Analyzing Tortoise Mlp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Tortoise Mlp's stock is overvalued or undervalued compared to its peers.
- Examining Tortoise Mlp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Tortoise Mlp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tortoise Mlp's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Tortoise Mlp's mutual fund. These opinions can provide insight into Tortoise Mlp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tortoise Mlp Pipeline. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Tortoise Mlp Pipeline information on this page should be used as a complementary analysis to other Tortoise Mlp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.