Tuanche Adr Stock Price on June 4, 2024
| TC Stock | USD 0.93 0.07 8.14% |
Below is the normalized historical share price chart for TuanChe ADR extending back to November 20, 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 TuanChe ADR stands at 0.93, as last reported on the 29th of November, with the highest price reaching 0.95 and the lowest price hitting 0.77 during the day.
If you're considering investing in TuanChe Stock, it is important to understand the factors that can impact its price. TuanChe ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. TuanChe ADR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TuanChe ADR's Variance of 40.04, risk adjusted performance of (0.07), and Coefficient Of Variation of (932.24) to confirm the risk estimate we provide.
The current year's Issuance Of Capital Stock is expected to grow to about 113.3 M, whereas Total Stockholder Equity is forecasted to decline to about 18.5 M. . At present, TuanChe ADR's Price To Book Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 2.07, whereas Price To Sales Ratio is forecasted to decline to 0.22. TuanChe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of November 2018 | 200 Day MA 1.7199 | 50 Day MA 1.3294 | Beta 0.097 |
TuanChe |
Sharpe Ratio = -0.1105
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| Negative Returns | TC |
Estimated Market Risk
| 6.45 actual daily | 57 57% of assets are less volatile |
Expected Return
| -0.71 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TuanChe ADR is not performing at its full potential. However, 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 TuanChe ADR by adding TuanChe ADR to a well-diversified portfolio.
Price Book 1.2341 | Enterprise Value Ebitda (0.14) | Price Sales 0.0157 | Shares Float 243 M | Wall Street Target Price 89.8 |
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TuanChe ADR Valuation on June 4, 2024
It is possible to determine the worth of TuanChe ADR on a given historical date. On June 4, 2024 TuanChe was worth 2.25 at the beginning of the trading date compared to the closed value of 2.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TuanChe ADR stock. Still, in general, we apply an absolute valuation method to find TuanChe ADR's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of TuanChe ADR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TuanChe ADR's related companies.
| Open | High | Low | Close | Volume | |
| 2.21 | 2.21 | 2.11 | 2.11 | 3,372 | |
06/04/2024 | 2.25 | 2.25 | 2.10 | 2.18 | 3,215 |
| 2.15 | 2.21 | 2.13 | 2.17 | 3,092 |
| Backtest TuanChe ADR | | | TuanChe ADR History | | | TuanChe ADR Valuation | Previous | Next |
TuanChe ADR Trading Date Momentum on June 4, 2024
| On June 05 2024 TuanChe ADR was traded for 2.17 at the closing time. The highest price during the trading period was 2.21 and the lowest recorded bid was listed for 2.13 . The volume for the day was 3.1 K. This history from June 5, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.46% . The trading price change to the current price is 5.96% . |
TuanChe ADR Fundamentals Correlations and Trends
By evaluating TuanChe ADR's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TuanChe ADR's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TuanChe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TuanChe ADR Stock history
TuanChe ADR 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 TuanChe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TuanChe ADR 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 TuanChe ADR stock prices may prove useful in developing a viable investing in TuanChe ADR
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.7 M | 1.1 M | |
| Net Loss | -142.3 M | -149.4 M |
TuanChe ADR Quarterly Net Working Capital |
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TuanChe ADR Stock Technical Analysis
TuanChe ADR 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.
Price Boundaries
TuanChe ADR Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
TuanChe ADR cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
TuanChe ADR November 29, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TuanChe ADR's price direction in advance. Along with the technical and fundamental analysis of TuanChe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TuanChe 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 | (0.07) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | (1.64) | |||
| Treynor Ratio | (0.90) |
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Complementary Tools for TuanChe Stock analysis
When running TuanChe ADR's price analysis, check to measure TuanChe ADR'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 TuanChe ADR is operating at the current time. Most of TuanChe ADR's value examination focuses on studying past and present price action to predict the probability of TuanChe ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TuanChe ADR's price. Additionally, you may evaluate how the addition of TuanChe ADR to your portfolios can decrease your overall portfolio volatility.
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