Tencent Music Entertainment Stock Price History
| TME Stock | USD 14.18 0.18 1.29% |
Below is the normalized historical share price chart for Tencent Music Entertainment extending back to December 12, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tencent Music stands at 14.18, as last reported on the 24th of March, with the highest price reaching 14.29 and the lowest price hitting 14.01 during the day.
If you're considering investing in Tencent Stock, it is important to understand the factors that can impact its price. Tencent Music appears to be not too volatile, given 3 months investment horizon. Tencent Music Entert owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0941, which indicates the firm had a 0.0941 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Tencent Music Entertainment, which you can use to evaluate the volatility of the company. Please review Tencent Music's Coefficient Of Variation of 902.37, risk adjusted performance of 0.1076, and Semi Deviation of 2.56 to confirm if our risk estimates are consistent with your expectations.
At present, Tencent Music's Stock Based Compensation To Revenue is projected to slightly decrease based on the last few years of reporting. . At present, Tencent Music's Price To Book Ratio is projected to drop slightly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 3.81, whereas Price Earnings Ratio is forecasted to decline to 18.56. Tencent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of December 2018 | 200 Day MA 12.3154 | 50 Day MA 12.4352 | Beta 0.69 |
Tencent |
Sharpe Ratio = 0.0941
| Best Portfolio | Best Equity | |||
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| Small Returns | TME | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.8 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.36 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Tencent Music is performing at about 7% 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 Music by adding it to a well-diversified portfolio.
Price Book 2.5207 | Enterprise Value Ebitda 17.6203 | Price Sales 0.8675 | Shares Float 1.1 B | Dividend Share 1.314 |
Tencent Music Stock Price History Chart
There are several ways to analyze Tencent Stock price data. The simplest method is using a basic Tencent candlestick price chart, which shows Tencent Music price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | March 18, 2025 | 15.09 |
| Lowest Price | January 13, 2025 | 10.28 |
Tencent Music March 24, 2025 Stock Price Synopsis
Various analyses of Tencent Music's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Tencent Stock. It can be used to describe the percentage change in the price of Tencent Music from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Tencent Stock.| Tencent Music Accumulation Distribution | 89,285 | |
| Tencent Music Price Daily Balance Of Power | 0.64 | |
| Tencent Music Price Rate Of Daily Change | 1.01 | |
| Tencent Music Price Action Indicator | 0.12 |
Tencent Music March 24, 2025 Stock Price Analysis
Tencent Stock Price History Data
The price series of Tencent Music for the period between Tue, Dec 24, 2024 and Mon, Mar 24, 2025 has a statistical range of 4.81 with a coefficient of variation of 8.92. The price distribution for the period has arithmetic mean of 12.2. The median price for the last 90 days is 12.07. The company had dividends distributed to its stock-holders on 2025-04-03.| Open | High | Low | Close | Volume | ||
| 03/24/2025 | 14.09 | 14.29 | 14.01 | 14.18 | 4,556,726 | |
| 03/21/2025 | 14.10 | 14.18 | 13.92 | 14.00 | 5,403,634 | |
| 03/20/2025 | 14.56 | 14.57 | 14.11 | 14.28 | 8,617,787 | |
| 03/19/2025 | 15.00 | 15.32 | 14.57 | 14.71 | 13,441,332 | |
| 03/18/2025 | 14.19 | 15.33 | 13.70 | 15.09 | 36,502,437 | |
| 03/17/2025 | 12.40 | 13.20 | 12.39 | 13.06 | 12,736,674 | |
| 03/14/2025 | 12.56 | 12.80 | 12.45 | 12.55 | 7,291,551 | |
| 03/13/2025 | 12.00 | 12.43 | 11.91 | 12.40 | 5,498,859 | |
| 03/12/2025 | 12.00 | 12.35 | 12.00 | 12.23 | 9,250,419 | |
| 03/11/2025 | 12.43 | 12.83 | 12.07 | 12.21 | 16,212,659 | |
| 03/10/2025 | 13.00 | 13.02 | 12.56 | 12.87 | 6,870,158 | |
| 03/07/2025 | 13.30 | 13.57 | 13.08 | 13.32 | 5,249,514 | |
| 03/06/2025 | 13.64 | 13.79 | 13.06 | 13.32 | 8,031,469 | |
| 03/05/2025 | 13.00 | 13.65 | 12.98 | 13.48 | 8,528,073 | |
| 03/04/2025 | 12.50 | 12.77 | 12.38 | 12.65 | 6,038,781 | |
| 03/03/2025 | 12.20 | 12.61 | 12.18 | 12.34 | 7,644,956 | |
| 02/28/2025 | 12.30 | 12.40 | 11.96 | 12.19 | 11,199,624 | |
| 02/27/2025 | 12.63 | 12.96 | 12.58 | 12.75 | 8,596,822 | |
| 02/26/2025 | 13.06 | 13.34 | 12.72 | 12.93 | 7,183,827 | |
| 02/25/2025 | 13.17 | 13.24 | 12.58 | 12.71 | 9,176,093 | |
| 02/24/2025 | 13.83 | 13.83 | 12.88 | 12.98 | 15,347,180 | |
| 02/21/2025 | 13.38 | 14.69 | 13.37 | 14.38 | 24,744,251 | |
| 02/20/2025 | 13.33 | 13.60 | 12.57 | 12.83 | 9,053,877 | |
| 02/19/2025 | 13.56 | 13.57 | 13.02 | 13.10 | 10,306,493 | |
| 02/18/2025 | 13.47 | 13.63 | 13.31 | 13.61 | 6,432,029 | |
| 02/14/2025 | 13.50 | 13.65 | 13.14 | 13.61 | 13,318,445 | |
| 02/13/2025 | 12.54 | 12.97 | 12.50 | 12.76 | 7,811,791 | |
| 02/12/2025 | 12.40 | 12.91 | 12.22 | 12.66 | 6,389,823 | |
| 02/11/2025 | 12.22 | 12.67 | 11.98 | 12.44 | 7,609,841 | |
| 02/10/2025 | 12.88 | 12.98 | 12.39 | 12.47 | 6,812,208 | |
| 02/07/2025 | 12.29 | 12.55 | 12.22 | 12.54 | 5,907,811 | |
| 02/06/2025 | 12.00 | 12.16 | 11.93 | 12.07 | 4,895,868 | |
| 02/05/2025 | 11.85 | 11.89 | 11.61 | 11.75 | 5,916,710 | |
| 02/04/2025 | 11.98 | 12.34 | 11.92 | 12.01 | 9,511,666 | |
| 02/03/2025 | 11.79 | 12.16 | 11.61 | 11.77 | 4,220,378 | |
| 01/31/2025 | 12.11 | 12.21 | 11.91 | 11.98 | 6,220,992 | |
| 01/30/2025 | 11.80 | 12.41 | 11.72 | 12.27 | 4,870,149 | |
| 01/29/2025 | 11.91 | 11.96 | 11.54 | 11.64 | 4,387,607 | |
| 01/28/2025 | 11.72 | 11.79 | 11.40 | 11.78 | 5,212,878 | |
| 01/27/2025 | 11.77 | 12.13 | 11.71 | 11.80 | 10,591,830 | |
| 01/24/2025 | 11.20 | 11.64 | 11.08 | 11.59 | 6,341,173 | |
| 01/23/2025 | 11.03 | 11.18 | 10.91 | 11.05 | 2,499,397 | |
| 01/22/2025 | 11.09 | 11.24 | 10.95 | 11.15 | 5,159,753 | |
| 01/21/2025 | 11.07 | 11.24 | 10.92 | 11.10 | 8,794,426 | |
| 01/17/2025 | 10.45 | 11.22 | 10.44 | 10.78 | 7,671,692 | |
| 01/16/2025 | 10.50 | 10.55 | 10.27 | 10.40 | 5,446,006 | |
| 01/15/2025 | 10.51 | 10.59 | 10.30 | 10.50 | 6,112,550 | |
| 01/14/2025 | 10.36 | 10.60 | 10.30 | 10.45 | 9,470,839 | |
| 01/13/2025 | 10.60 | 10.70 | 10.26 | 10.28 | 8,598,495 | |
| 01/10/2025 | 10.76 | 10.81 | 10.54 | 10.74 | 11,163,860 | |
| 01/08/2025 | 10.73 | 10.97 | 10.64 | 10.92 | 6,439,227 | |
| 01/07/2025 | 10.90 | 11.05 | 10.79 | 10.82 | 7,968,149 | |
| 01/06/2025 | 11.34 | 11.50 | 10.84 | 10.91 | 10,071,110 | |
| 01/03/2025 | 11.30 | 11.36 | 11.05 | 11.16 | 3,850,097 | |
| 01/02/2025 | 11.26 | 11.59 | 11.22 | 11.32 | 5,355,623 | |
| 12/31/2024 | 11.32 | 11.49 | 11.28 | 11.35 | 2,358,842 | |
| 12/30/2024 | 11.65 | 11.65 | 11.33 | 11.34 | 2,376,320 | |
| 12/27/2024 | 11.98 | 12.03 | 11.70 | 11.72 | 4,078,622 | |
| 12/26/2024 | 11.84 | 12.04 | 11.84 | 11.92 | 2,751,354 | |
| 12/24/2024 | 11.83 | 11.99 | 11.75 | 11.89 | 2,021,342 | |
| 12/23/2024 | 11.76 | 11.90 | 11.58 | 11.75 | 5,925,320 |
About Tencent Music Stock history
Tencent Music 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 Music Entert 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 Music stock prices may prove useful in developing a viable investing in Tencent Music
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 3.1 B | 2.6 B | |
| Net Income Applicable To Common Shares | 4.2 B | 2.8 B |
Tencent Music Quarterly Net Working Capital |
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Tencent Music Stock Technical Analysis
Tencent Music 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.
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Tencent Music Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tencent Music's price direction in advance. Along with the technical and fundamental analysis of Tencent Stock 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.
| Risk Adjusted Performance | 0.1076 | |||
| Jensen Alpha | 0.3844 | |||
| Total Risk Alpha | 0.5494 | |||
| Sortino Ratio | 0.1487 | |||
| Treynor Ratio | (0.94) |
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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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