Tortoise Capital Valuation
| TPZ Etf | USD 20.59 0.33 1.63% |
At this time, the etf appears to be fairly valued. Tortoise Capital Series has a current Real Value of $20.41 per share. The regular price of the etf is $20.59. Our model measures the value of Tortoise Capital Series from inspecting the etf fundamentals such as Shares Outstanding of 6.53 M, number of shares shorted of 11.49 K, and Short Ratio of 0.49 X as well as reviewing its technical indicators and probability of bankruptcy.
Fairly Valued
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.
Since Tortoise Capital is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Tortoise Etf. However, Tortoise Capital'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 20.59 | Real 20.41 | Hype 20.62 | Naive 20.53 |
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: Tortoise Capital Total Value Analysis
Tortoise Capital Series is at this time projected to have company total value of 91.62 M with market capitalization of 91.62 M, debt of , and cash on hands of . Please note that company total value may be misleading and is a subject to accounting gimmicks. We encourage investors to carefully check all of the Tortoise Capital fundamentals before making security assessment based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
91.62 M | 91.62 M |
Tortoise Capital Asset Utilization
The concept of asset utilization usually refers to the revenue earned for every dollar of assets a company currently reports. The current return on assets of Tortoise suggests not a very effective usage of assets in July.Tortoise Capital Ownership Allocation
The market capitalization of Tortoise Capital is $91.62 Million. 30% of Tortoise Capital Series outstanding shares are owned by institutional holders. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the etf is less than the current market value, you may not be able generate positive returns on investment in the long run.About Tortoise Capital Valuation
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.Under normal circumstances, the fund invests at least 80 percent of its total assets in essential energy assets. Essential energy assets are issuers that derive more than 50 percent of their revenue from power or energy infrastructure operations. Power infrastructure companies use long-lived assets to provide electric power generation , transmission and distribution. The fund is non-diversified.
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 american community survey. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.