Truecar Stock Statistic Functions Beta
| TRUE Stock | USD 1.76 0.02 1.15% |
| Symbol |
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on TrueCar correlated with the market. If Beta is less than 0 TrueCar generally moves in the opposite direction as compared to the market. If TrueCar Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TrueCar is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TrueCar is generally in the same direction as the market. If Beta > 1 TrueCar moves generally in the same direction as, but more than the movement of the benchmark.
TrueCar Technical Analysis Modules
Most technical analysis of TrueCar help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for TrueCar from various momentum indicators to cycle indicators. When you analyze TrueCar charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Volatility Indicators | ||
| Volume Indicators |
About TrueCar Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TrueCar. We use our internally-developed statistical techniques to arrive at the intrinsic value of TrueCar based on widely used predictive technical indicators. In general, we focus on analyzing TrueCar Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TrueCar's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of TrueCar's intrinsic value. In addition to deriving basic predictive indicators for TrueCar, we also check how macroeconomic factors affect TrueCar price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2023 | 2024 | 2025 (projected) | Days Sales Outstanding | 44.07 | 32.72 | 47.6 | PTB Ratio | 1.94 | 2.85 | 3.59 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TrueCar'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.
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| All Next | Launch Module |
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Warren Buffett Holdings Invested few shares | |
 | Hedge Favorites Invested over 100 shares | |
 | Driverless Cars Invested over 60 shares | |
 | Automobiles and Trucks Invested over 300 shares | |
 | Cash Cows Invested few shares | |
 | Macroaxis Index Invested few shares | |
 | Manufacturing Invested over 30 shares | |
 | Artificial Intelligence Invested few shares | |
 | Video Games Invested few shares | |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TrueCar. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. For information on how to trade TrueCar Stock refer to our How to Trade TrueCar Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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 TrueCar. If investors know TrueCar 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 TrueCar listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.34) | Revenue Per Share | Quarterly Revenue Growth 0.119 | Return On Assets | Return On Equity |
The market value of TrueCar is measured differently than its book value, which is the value of TrueCar that is recorded on the company's balance sheet. Investors also form their own opinion of TrueCar's value that differs from its market value or its book value, called intrinsic value, which is TrueCar'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 TrueCar's market value can be influenced by many factors that don't directly affect TrueCar'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 TrueCar's value and its price as these two are different measures arrived at by different means. Investors typically determine if TrueCar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TrueCar'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.