Tarena International Stock Market Value
| TCTM Stock | 0.84 0.01 1.20% |
| Symbol | Tarena |
Tarena International Price To Book Ratio
Is Diversified Consumer 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 Tarena International. If investors know Tarena 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 Tarena International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.26 | Revenue Per Share 127.631 | Return On Assets 0.0071 |
The market value of Tarena International is measured differently than its book value, which is the value of Tarena that is recorded on the company's balance sheet. Investors also form their own opinion of Tarena International's value that differs from its market value or its book value, called intrinsic value, which is Tarena International'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 Tarena International's market value can be influenced by many factors that don't directly affect Tarena International'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 Tarena International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tarena International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tarena International'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.
Tarena International '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 Tarena International'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 Tarena International.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Tarena International on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Tarena International or generate 0.0% return on investment in Tarena International over 720 days. Tarena International is related to or competes with Southwest Airlines, SkyWest, Relx PLC, Pearson PLC, JetBlue Airways, Volaris, and Acco Brands. Tarena International is entity of United States More
Tarena International 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 Tarena International'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 Tarena International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 65.23 | |||
| Value At Risk | (10.62) | |||
| Potential Upside | 11.11 |
Tarena International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tarena International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tarena International's standard deviation. In reality, there are many statistical measures that can use Tarena International historical prices to predict the future Tarena International's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.30) | |||
| Total Risk Alpha | (1.67) | |||
| Treynor Ratio | (0.74) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tarena International'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.
Tarena International Backtested Returns
Tarena International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0176, which indicates the firm had a -0.0176% return per unit of risk over the last 3 months. Tarena International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tarena International's Variance of 71.78, risk adjusted performance of (0.01), and Coefficient Of Variation of (3,501) to confirm the risk estimate we provide. The entity has a beta of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tarena International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Tarena International is expected to be smaller as well. At this point, Tarena International has a negative expected return of -0.15%. Please make sure to validate Tarena International's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Tarena International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.20 |
Weak predictability
Tarena International has weak predictability. Overlapping area represents the amount of predictability between Tarena International time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tarena International price movement. The serial correlation of 0.2 indicates that over 20.0% of current Tarena International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Tarena International lagged returns against current returns
Autocorrelation, which is Tarena International 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 Tarena International's stock expected returns. We can calculate the autocorrelation of Tarena International returns to help us make a trade decision. For example, suppose you find that Tarena International 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 |
Tarena International 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 Tarena International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tarena International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tarena International stock over time.
Current vs Lagged Prices |
| Timeline |
Tarena International Lagged Returns
When evaluating Tarena International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tarena International stock have on its future price. Tarena International 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, Tarena International autocorrelation shows the relationship between Tarena International stock current value and its past values and can show if there is a momentum factor associated with investing in Tarena International.
Regressed Prices |
| Timeline |
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Tarena International 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.