Tortoise Capital Valuation
| TBLU Etf | USD 53.40 0.17 0.32% |
At this time, the etf appears to be undervalued. Tortoise Capital Series has a current Real Value of $57.33 per share. The regular price of the etf is $53.4. Our model measures the value of Tortoise Capital Series from inspecting the etf fundamentals such as Net Asset of 15.52 M, number of employees of 513, and One Year Return of 13.20 % as well as reviewing its technical indicators and probability of bankruptcy.
Undervalued
Today
Please note that Tortoise Capital's price fluctuation is very steady at this time. Calculation of the real value of Tortoise Capital Series is based on 3 months time horizon. Increasing Tortoise Capital's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Tortoise Capital's intrinsic value may or may not be the same as its current market price of 53.40, 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 53.4 | Real 57.33 | Hype 53.45 | Naive 52.88 |
The intrinsic value of Tortoise Capital'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 Capital'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 Capital Series 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 Capital more accurately as focusing exclusively on Tortoise Capital's fundamentals will not take into account other important factors: About Tortoise Capital Valuation
The etf valuation mechanism determines Tortoise Capital's current worth on a daily basis. In general, an absolute valuation approach attempts to find the value of Tortoise Capital Series 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 Capital. We calculate exposure to Tortoise Capital's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Tortoise Capital's related companies.The investment seeks investment results that correspond generally to the price and distribution rate performance of the Tortoise Global Water ESG Net Total Return IndexSM. Tortoise Global is traded on BTS Exchange in the United States.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tortoise Capital Series. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
The market value of Tortoise Capital Series 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 Capital's value that differs from its market value or its book value, called intrinsic value, which is Tortoise Capital'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 Capital's market value can be influenced by many factors that don't directly affect Tortoise Capital'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 Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tortoise Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tortoise Capital'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.