TuanChe ADR Stock Forecast - Daily Balance Of Power
| TC Stock | USD 0.93 0.07 8.14% |
TuanChe Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast TuanChe ADR stock prices and determine the direction of TuanChe ADR's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of TuanChe ADR's historical fundamentals, such as revenue growth or operating cash flow patterns.
TuanChe |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.7333 | (0.22) |
| Check TuanChe ADR Volatility | Backtest TuanChe ADR | Trend Details |
TuanChe ADR Trading Date Momentum
| On May 29 2024 TuanChe ADR was traded for 2.20 at the closing time. The highest price during the trading period was 2.20 and the lowest recorded bid was listed for 2.14 . The volume for the day was 4 K. This history from May 29, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.79% . The trading price change to the current price is 1.34% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for TuanChe ADR
For every potential investor in TuanChe, whether a beginner or expert, TuanChe ADR's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TuanChe Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TuanChe. Basic forecasting techniques help filter out the noise by identifying TuanChe ADR's price trends.TuanChe ADR Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TuanChe ADR stock to make a market-neutral strategy. Peer analysis of TuanChe ADR could also be used in its relative valuation, which is a method of valuing TuanChe ADR by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
TuanChe ADR Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of TuanChe ADR's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of TuanChe ADR's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volatility Indicators | ||
| Volume Indicators |
TuanChe ADR Market Strength Events
Market strength indicators help investors to evaluate how TuanChe ADR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TuanChe ADR shares will generate the highest return on investment. By undertsting and applying TuanChe ADR stock market strength indicators, traders can identify TuanChe ADR entry and exit signals to maximize returns.
TuanChe ADR Risk Indicators
The analysis of TuanChe ADR's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in TuanChe ADR's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting tuanche stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 4.68 | |||
| Standard Deviation | 6.33 | |||
| Variance | 40.04 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Historical Fundamental Analysis of TuanChe ADR to cross-verify your projections. For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.