Tuanche Adr Stock Market Value

TC Stock  USD 0.89  0.05  5.95%   
TuanChe ADR's market value is the price at which a share of TuanChe ADR trades on a public exchange. It measures the collective expectations of TuanChe ADR investors about its performance. TuanChe ADR is trading at 0.89 as of the 26th of February 2025, a 5.95% increase since the beginning of the trading day. The stock's open price was 0.84.
With this module, you can estimate the performance of a buy and hold strategy of TuanChe ADR and determine expected loss or profit from investing in TuanChe ADR over a given investment horizon. Check out TuanChe ADR Correlation, TuanChe ADR Volatility and TuanChe ADR Alpha and Beta module to complement your research on TuanChe ADR.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.
Symbol

TuanChe ADR Price To Book Ratio

Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of TuanChe ADR. If investors know TuanChe will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about TuanChe ADR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(7.28)
Revenue Per Share
58.91
Quarterly Revenue Growth
(0.65)
Return On Assets
(0.52)
Return On Equity
(3.08)
The market value of TuanChe ADR is measured differently than its book value, which is the value of TuanChe that is recorded on the company's balance sheet. Investors also form their own opinion of TuanChe ADR's value that differs from its market value or its book value, called intrinsic value, which is TuanChe ADR'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 TuanChe ADR's market value can be influenced by many factors that don't directly affect TuanChe ADR'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 TuanChe ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if TuanChe ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TuanChe ADR'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.

TuanChe ADR 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to TuanChe ADR's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of TuanChe ADR.
0.00
06/01/2024
No Change 0.00  0.0 
In 8 months and 27 days
02/26/2025
0.00
If you would invest  0.00  in TuanChe ADR on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding TuanChe ADR or generate 0.0% return on investment in TuanChe ADR over 270 days. TuanChe ADR is related to or competes with Onfolio Holdings, Starbox Group, MediaAlpha, Metalpha Technology, Locafy, 36Kr Holdings, and Locafy. TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China More

TuanChe ADR Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure TuanChe ADR's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess TuanChe ADR upside and downside potential and time the market with a certain degree of confidence.

TuanChe ADR Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for TuanChe ADR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TuanChe ADR's standard deviation. In reality, there are many statistical measures that can use TuanChe ADR historical prices to predict the future TuanChe ADR's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TuanChe ADR's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
0.040.897.04
Details
Intrinsic
Valuation
LowRealHigh
0.040.796.94
Details
Naive
Forecast
LowNextHigh
0.020.857.00
Details

TuanChe ADR Backtested Returns

TuanChe ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. TuanChe ADR exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TuanChe ADR's Semi Deviation of 5.28, risk adjusted performance of 0.0545, and Coefficient Of Variation of 1610.57 to confirm the risk estimate we provide. The entity has a beta of 2.21, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, TuanChe ADR will likely underperform. At this point, TuanChe ADR has a negative expected return of -0.0399%. Please make sure to validate TuanChe ADR's jensen alpha and the relationship between the value at risk and day median price , to decide if TuanChe ADR performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.62  

Good predictability

TuanChe ADR has good predictability. Overlapping area represents the amount of predictability between TuanChe ADR time series from 1st of June 2024 to 14th of October 2024 and 14th of October 2024 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TuanChe ADR price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current TuanChe ADR price fluctuation can be explain by its past prices.
Correlation Coefficient0.62
Spearman Rank Test0.29
Residual Average0.0
Price Variance0.05

TuanChe ADR lagged returns against current returns

Autocorrelation, which is TuanChe ADR stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting TuanChe ADR's stock expected returns. We can calculate the autocorrelation of TuanChe ADR returns to help us make a trade decision. For example, suppose you find that TuanChe ADR has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

TuanChe ADR regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If TuanChe ADR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TuanChe ADR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TuanChe ADR stock over time.
   Current vs Lagged Prices   
       Timeline  

TuanChe ADR Lagged Returns

When evaluating TuanChe ADR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TuanChe ADR stock have on its future price. TuanChe ADR autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, TuanChe ADR autocorrelation shows the relationship between TuanChe ADR stock current value and its past values and can show if there is a momentum factor associated with investing in TuanChe ADR.
   Regressed Prices   
       Timeline  

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Check out TuanChe ADR Correlation, TuanChe ADR Volatility and TuanChe ADR Alpha and Beta module to complement your research on TuanChe ADR.
For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.
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TuanChe ADR 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 TuanChe ADR technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TuanChe ADR 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...