Tencent Holdings Stock Price on November 19, 2024

TCTZF Stock  USD 65.36  2.05  3.24%   
If you're considering investing in Tencent Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Tencent Holdings stands at 65.36, as last reported on the 21st of February, with the highest price reaching 66.25 and the lowest price hitting 64.00 during the day. Tencent Holdings appears to be very steady, given 3 months investment horizon. Tencent Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18 % return per unit of risk over the last 3 months. By inspecting Tencent Holdings' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Tencent Holdings' Risk Adjusted Performance of 0.123, coefficient of variation of 613.3, and Semi Deviation of 2.35 to confirm if our risk estimates are consistent with your expectations.
  
Tencent Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1819

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Estimated Market Risk

 2.84
  actual daily
25
75% of assets are more volatile

Expected Return

 0.52
  actual daily
10
90% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Tencent Holdings is performing at about 14% 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 Tencent Holdings by adding it to a well-diversified portfolio.

Related Headline

Tencent Music Headline on 19th of November 2024

Shares of Tencent Music Entertainment Group surged 3.79 percent in mid-day trading on Nov 19. The stock reached an intraday high of 11.64, before settling at

Tencent Holdings Valuation on November 19, 2024

It is possible to determine the worth of Tencent Holdings on a given historical date. On November 19, 2024 Tencent was worth 51.18 at the beginning of the trading date compared to the closed value of 52.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tencent Holdings pink sheet. 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    52.25    50.00    52.25    10,705  
11/19/2024
  51.18    52.05    50.95    52.05    3,776  
  50.45    54.64    50.45    51.35    3,480  
Backtest Tencent Holdings  |  Tencent Holdings History  |  Tencent Holdings Valuation PreviousNext  
Open Value
51.18
52.05
Closing Value
59.70
Upside

Tencent Holdings Trading Date Momentum on November 19, 2024

On November 20 2024 Tencent Holdings was traded for  51.35  at the closing time. The highest daily price throughout the period was 54.64  and the lowest price was  50.45 . The daily volume was 3.5 K. The net trading volume on 11/20/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.34% . The trading price change to current closing price is 1.90% .
JavaScript chart by amCharts 3.21.1511/19/2024Nov 11Nov 13Nov 15Nov 17Nov 19Nov 21Nov 23Nov 25Nov 27Nov 2949.550.050.551.051.552.052.553.0

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 Pink Sheet 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 value-added services and Online advertising services in Mainland China and internationally. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the Peoples Republic of China. Tencent Holdings operates under Internet Content Information classification in the United States and is traded on OTC Exchange. It employs 110715 people.

Tencent Holdings Pink Sheet Technical Analysis

Tencent Holdings technical pink sheet 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, pink sheet 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
February 21, 2025
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Tencent Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 February 21, 2025 Market Strength

Market strength indicators help investors to evaluate how Tencent Holdings pink sheet 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 pink sheet market strength indicators, traders can identify Tencent Holdings 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 Pink Sheet 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 Pink Sheet 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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