TuanChe Competitors
| TC Stock | USD 0.91 0.06 7.06% |
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of TuanChe ADR competition on your existing holdings.
TuanChe |
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.
TuanChe ADR Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between TuanChe ADR and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of TuanChe and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of TuanChe ADR does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between TuanChe Stock performing well and TuanChe ADR Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze TuanChe ADR's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| ONFO | 5.03 | 0.56 | 0.08 | (4.18) | 5.43 | 9.71 | 39.43 | |||
| GROM | 6.20 | (3.15) | 0.00 | (0.97) | 0.00 | 10.26 | 77.44 | |||
| LIZI | 3.55 | 0.17 | 0.04 | 0.22 | 4.25 | 9.28 | 28.15 | |||
| STBX | 5.03 | (0.89) | 0.00 | (8.94) | 0.00 | 6.52 | 57.91 | |||
| MAX | 2.65 | (0.48) | 0.00 | (0.35) | 0.00 | 4.70 | 35.30 | |||
| MATH | 3.96 | (0.33) | 0.00 | (0.26) | 0.00 | 8.70 | 34.43 | |||
| LCFY | 4.40 | 0.56 | 0.12 | 0.47 | 4.85 | 12.81 | 30.79 | |||
| KRKR | 4.55 | (0.62) | 0.00 | (0.74) | 0.00 | 10.11 | 39.22 | |||
| QQQFF | 1.61 | 0.81 | 0.00 | (7.75) | 0.00 | 0.00 | 53.82 |
Cross Equities Net Income Analysis
Compare TuanChe ADR and related stocks such as Onfolio Holdings, Grom Social Enterprises, and Lizhi Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ONFO | 3.3 K | 3.3 K | 3.3 K | 3.3 K | 3.3 K | 3.3 K | 3.3 K | 3.3 K | 3.3 K | 3.3 K | (1.1 M) | (1.9 M) | (5.6 M) | (8.1 M) | (7.7 M) |
| STBX | (205.2 K) | (205.2 K) | (205.2 K) | (205.2 K) | (205.2 K) | (205.2 K) | (205.2 K) | (205.2 K) | (205.2 K) | (205.2 K) | 1.4 M | 3.6 M | 2.1 M | 2.5 M | 1.9 M |
| MAX | 18.1 M | 18.1 M | 18.1 M | 18.1 M | 18.1 M | 18.1 M | 18.1 M | 18.1 M | 18.1 M | 10.8 M | 10.6 M | (8.5 M) | (72.4 M) | (40.4 M) | (38.4 M) |
| LCFY | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (1 M) | (5.8 M) | (3.9 M) | (3 M) | (3.1 M) |
| KRKR | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 7.9 M | 39.5 M | (25.9 M) | (279.3 M) | (90.6 M) | 21.9 M | (90 M) | (94.5 M) |
| LCFYW | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (2.4 M) | (1 M) | (5.8 M) | (3.9 M) | (3 M) | (3.1 M) |
| THRY | (519 M) | (519 M) | 41 M | (819 M) | (371 M) | (263.5 M) | (622.5 M) | (171.3 M) | 51.1 M | 35.5 M | 149.2 M | 101.6 M | 54.3 M | (259.3 M) | (272.3 M) |
TuanChe ADR and related stocks such as Onfolio Holdings, Grom Social Enterprises, and Lizhi Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in TuanChe ADR financial statement analysis. It represents the amount of money remaining after all of TuanChe ADR operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.TuanChe ADR Competitive Analysis
The better you understand TuanChe ADR competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, TuanChe ADR's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across TuanChe ADR's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
TuanChe ADR Competition Performance Charts
Five steps to successful analysis of TuanChe ADR Competition
TuanChe ADR's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by TuanChe ADR in relation to its competition. TuanChe ADR's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of TuanChe ADR in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact TuanChe ADR's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to TuanChe ADR, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your TuanChe ADR position
In addition to having TuanChe ADR in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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ESG Investing
Sustainable investments that promote the conservation of the natural world, social resposibility, freindly employees policies and strong governance. The ESG Investing theme has 51 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize ESG Investing Theme or any other thematic opportunities.
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Check out TuanChe ADR Correlation with its peers. For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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 (7.29) | 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.