Tencent Holdings (Germany) Price on October 21, 2024

NNN1 Stock  EUR 46.20  0.40  0.87%   
If you're considering investing in Tencent Stock, it is important to understand the factors that can impact its price. As of today, the current price of Tencent Holdings stands at 46.20, as last reported on the 9th of January, with the highest price reaching 47.20 and the lowest price hitting 46.20 during the day. Tencent Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0495, which indicates the firm had a -0.0495% return per unit of risk over the last 3 months. Tencent Holdings Ltd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tencent Holdings' Risk Adjusted Performance of (0.03), variance of 8.1, and Coefficient Of Variation of (2,296) to confirm the risk estimate we provide.
  
Tencent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0495

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Estimated Market Risk

 2.66
  actual daily
23
77% of assets are more volatile

Expected Return

 -0.13
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Tencent Holdings is not performing at its full potential. However, 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 Tencent Holdings by adding Tencent Holdings to a well-diversified portfolio.

Tencent Holdings Valuation on October 21, 2024

It is possible to determine the worth of Tencent Holdings on a given historical date. On October 21, 2024 Tencent was worth 49.4 at the beginning of the trading date compared to the closed value of 49.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tencent Holdings stock. Still, in general, we apply an absolute valuation method to find Tencent Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Tencent Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tencent Holdings' related companies.
 Open High Low Close Volume
  50.00    51.00    50.00    51.00    270.00  
10/21/2024
  49.40    49.60    49.40    49.60    140.00  
  49.40    50.00    49.40    50.00    300.00  
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Open Value
49.4
49.6
Closing Value
57.39
Upside

Tencent Holdings Trading Date Momentum on October 21, 2024

On October 22 2024 Tencent Holdings Ltd was traded for  50.00  at the closing time. The maximum traded price for the trading interval was 50.00  and the lowest daily price was  49.40 . The daily volume was recorded at 300. The volume of trading on 22nd of October 2024 played a part in the next trading day price rise. The trading delta at closing time to the next closing price was 0.81% . The trading price change to the closing price today is 3.23% .

Tencent Holdings Fundamentals Correlations and Trends

By evaluating Tencent Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tencent Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tencent financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Tencent Holdings Stock history

Tencent Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tencent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tencent Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tencent Holdings stock prices may prove useful in developing a viable investing in Tencent Holdings
Tencent Holdings Limited, an investment holding company, provides Internet value-added services and online advertising services in Mainland China, Hong Kong, North America, Europe, other Asian countries, and internationally. The company was founded in 1998 and is headquartered in Shenzhen, the Peoples Republic of China. TENCENT HDGS operates under Internet Content Information classification in Germany and is traded on Frankfurt Stock Exchange. It employs 54623 people.

Tencent Holdings Stock Technical Analysis

Tencent Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Tencent Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tencent Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Tencent Holdings Period Price Range

Low
January 9, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Tencent Holdings Ltd cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Tencent Holdings January 9, 2025 Market Strength

Market strength indicators help investors to evaluate how Tencent Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tencent Holdings shares will generate the highest return on investment. By undertsting and applying Tencent Holdings stock market strength indicators, traders can identify Tencent Holdings Ltd entry and exit signals to maximize returns

Tencent Holdings Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Tencent Holdings' price direction in advance. Along with the technical and fundamental analysis of Tencent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tencent to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Tencent Stock analysis

When running Tencent Holdings' price analysis, check to measure Tencent Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tencent Holdings is operating at the current time. Most of Tencent Holdings' value examination focuses on studying past and present price action to predict the probability of Tencent Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tencent Holdings' price. Additionally, you may evaluate how the addition of Tencent Holdings to your portfolios can decrease your overall portfolio volatility.
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