TuanChe Limited Sees Large Increase in Short Interest
| TC Stock | USD 0.86 0.05 5.49% |
About 63% of TuanChe ADR's investor base is looking to short. The analysis of overall sentiment of trading TuanChe ADR stock suggests that many investors are alarmed at this time. The current market sentiment, together with TuanChe ADR's historical and current headlines, can help investors time the market. In addition, many technical investors use TuanChe ADR stock news signals to limit their universe of possible portfolio assets.
TuanChe |
TuanChe Limited saw a large increase in short interest in October. As of October 31st, there was short interest totalling 122,600 shares, an increase of 337.9 percent from the October 15th total of 28,000 shares. Based on an average trading volume of 752,700 shares, the days-to-cover ratio is currently 0.2 days.
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TuanChe ADR Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards TuanChe ADR can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
TuanChe ADR Fundamental Analysis
We analyze TuanChe ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TuanChe ADR using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TuanChe ADR based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Asset
Return On Asset Comparative Analysis
TuanChe ADR is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
TuanChe ADR Potential Pair-trading
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.
Peers
TuanChe ADR Related Equities
| ONFO | Onfolio Holdings | 5.04 | ||||
| MATH | Metalpha Technology | 3.13 | ||||
| THRY | Thryv Holdings | 3.04 | ||||
| MAX | MediaAlpha | 0.16 | ||||
| KRKR | 36Kr Holdings | 1.90 | ||||
| LCFY | Locafy | 2.00 | ||||
| STBX | Starbox Group | 2.42 | ||||
| LCFYW | Locafy | 6.42 |
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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