Tencent Music (Germany) Performance
| 63TA Stock | EUR 11.30 0.50 4.24% |
The entity has a beta of 0.92, which indicates possible diversification benefits within a given portfolio. Tencent Music returns are very sensitive to returns on the market. As the market goes up or down, Tencent Music is expected to follow. Tencent Music Entert right now has a risk of 3.44%. Please validate Tencent Music standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Tencent Music will be following its existing price patterns.
Risk-Adjusted Performance
Weak
Weak | Strong |
Over the last 90 days Tencent Music Entertainment has generated negative risk-adjusted returns adding no value to investors with long positions. Despite nearly stable basic indicators, Tencent Music is not utilizing all of its potentials. The current stock price disturbance, may contribute to mid-run losses for the stockholders. ...more
| Begin Period Cash Flow | 11.1 B | |
| Free Cash Flow | 2.5 B |
Tencent |
Tencent Music Relative Risk vs. Return Landscape
If you would invest 1,140 in Tencent Music Entertainment on December 19, 2024 and sell it today you would lose (10.00) from holding Tencent Music Entertainment or give up 0.88% of portfolio value over 90 days. Tencent Music Entertainment is generating 0.0422% of daily returns assuming 3.4353% volatility of returns over the 90 days investment horizon. Simply put, 30% of all stocks have less volatile historical return distribution than Tencent Music, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Tencent Music Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tencent Music's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Tencent Music Entertainment, and traders can use it to determine the average amount a Tencent Music'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 = 0.0123
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 63TA |
Estimated Market Risk
| 3.44 actual daily | 30 70% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Tencent Music 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 Music by adding Tencent Music to a well-diversified portfolio.
Tencent Music Fundamentals Growth
Tencent Stock prices reflect investors' perceptions of the future prospects and financial health of Tencent Music, and Tencent Music 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 Tencent Stock performance.
| Current Valuation | 10.7 B | |||
| Price To Book | 1.96 X | |||
| Price To Sales | 3.13 X | |||
| Revenue | 31.24 B | |||
| EBITDA | 4.75 B | |||
| Total Debt | 5.06 B | |||
| Cash Flow From Operations | 5.24 B | |||
| Total Asset | 67.25 B | |||
About Tencent Music Performance
By analyzing Tencent Music's fundamental ratios, stakeholders can gain valuable insights into Tencent Music's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Tencent Music has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Tencent Music has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Things to note about Tencent Music Entert performance evaluation
Checking the ongoing alerts about Tencent Music for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Tencent Music Entert help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Tencent Music Entert had very high historical volatility over the last 90 days |
- Analyzing Tencent Music'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 Tencent Music's stock is overvalued or undervalued compared to its peers.
- Examining Tencent Music'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 Tencent Music's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Tencent Music's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Tencent Music's stock. These opinions can provide insight into Tencent Music's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Tencent Stock analysis
When running Tencent Music's price analysis, check to measure Tencent Music's 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 Music is operating at the current time. Most of Tencent Music's value examination focuses on studying past and present price action to predict the probability of Tencent Music's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tencent Music's price. Additionally, you may evaluate how the addition of Tencent Music to your portfolios can decrease your overall portfolio volatility.
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