Tantech Holdings Stock Market Value
| TANH Stock | USD 0.15 0.01 6.25% |
| Symbol | Tantech |
Tantech Holdings Price To Book Ratio
Is Commodity Chemicals 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 Tantech Holdings. If investors know Tantech 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 Tantech Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.309 | Earnings Share 2.02 | Revenue Per Share 17.098 | Quarterly Revenue Growth 0.04 | Return On Assets 0.0083 |
The market value of Tantech Holdings is measured differently than its book value, which is the value of Tantech that is recorded on the company's balance sheet. Investors also form their own opinion of Tantech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tantech Holdings' 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 Tantech Holdings' market value can be influenced by many factors that don't directly affect Tantech Holdings' 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 Tantech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tantech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tantech Holdings' 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.
Tantech Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Tantech Holdings' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Tantech Holdings.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Tantech Holdings on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Tantech Holdings or generate 0.0% return on investment in Tantech Holdings over 720 days. Tantech Holdings is related to or competes with Beiersdorf, Virgin Group, Yatsen Holding, Coty, Mannatech Incorporated, Edgewell Personal, and Inter Parfums. Tantech Holdings Ltd, together with its subsidiaries, develops and manufactures bamboo-based charcoal products for indus... More
Tantech Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Tantech Holdings' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Tantech Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.09 | |||
| Information Ratio | 0.0472 | |||
| Maximum Drawdown | 56.77 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 21.43 |
Tantech Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tantech Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tantech Holdings' standard deviation. In reality, there are many statistical measures that can use Tantech Holdings historical prices to predict the future Tantech Holdings' volatility.| Risk Adjusted Performance | 0.0549 | |||
| Jensen Alpha | 0.6746 | |||
| Total Risk Alpha | (1.06) | |||
| Sortino Ratio | 0.0501 | |||
| Treynor Ratio | (1.58) |
Tantech Holdings Backtested Returns
Tantech Holdings appears to be out of control, given 3 months investment horizon. Tantech Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0462, which indicates the firm had a 0.0462% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Tantech Holdings, which you can use to evaluate the volatility of the company. Please review Tantech Holdings' Coefficient Of Variation of 1682.48, semi deviation of 7.01, and Risk Adjusted Performance of 0.0549 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tantech Holdings holds a performance score of 3. The entity has a beta of -0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Tantech Holdings are expected to decrease at a much lower rate. During the bear market, Tantech Holdings is likely to outperform the market. Please check Tantech Holdings' maximum drawdown and the relationship between the semi variance and day typical price , to make a quick decision on whether Tantech Holdings' existing price patterns will revert.
Auto-correlation | 0.31 |
Below average predictability
Tantech Holdings has below average predictability. Overlapping area represents the amount of predictability between Tantech Holdings time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tantech Holdings price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Tantech Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Tantech Holdings lagged returns against current returns
Autocorrelation, which is Tantech Holdings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Tantech Holdings' stock expected returns. We can calculate the autocorrelation of Tantech Holdings returns to help us make a trade decision. For example, suppose you find that Tantech Holdings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
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Tantech Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Tantech Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tantech Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tantech Holdings stock over time.
Current vs Lagged Prices |
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Tantech Holdings Lagged Returns
When evaluating Tantech Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tantech Holdings stock have on its future price. Tantech Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Tantech Holdings autocorrelation shows the relationship between Tantech Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Tantech Holdings.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether Tantech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tantech Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tantech Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tantech Holdings Stock:Check out Tantech Holdings Correlation, Tantech Holdings Volatility and Tantech Holdings Alpha and Beta module to complement your research on Tantech Holdings. For more detail on how to invest in Tantech Stock please use our How to Invest in Tantech Holdings guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Tantech Holdings 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.