Tongcheng Travel Holdings Stock Market Value
| TNGCF Stock | USD 2.80 0.00 0.00% |
| Symbol | Tongcheng |
Tongcheng Travel '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 Tongcheng Travel's pink sheet 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 Tongcheng Travel.
| 11/27/2025 |
| 12/27/2025 |
If you would invest 0.00 in Tongcheng Travel on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding Tongcheng Travel Holdings or generate 0.0% return on investment in Tongcheng Travel over 30 days. Tongcheng Travel is related to or competes with Whitbread PLC, Whitbread Plc, Howden Joinery, Tokyu, Bosideng International, MGM China, and Bosideng International. Tongcheng Travel Holdings Limited, an investment holding company, provides travel related services in the Peoples Republ... More
Tongcheng Travel 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 Tongcheng Travel's pink sheet 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 Tongcheng Travel Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1224 | |||
| Maximum Drawdown | 13.48 |
Tongcheng Travel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tongcheng Travel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tongcheng Travel's standard deviation. In reality, there are many statistical measures that can use Tongcheng Travel historical prices to predict the future Tongcheng Travel's volatility.| Risk Adjusted Performance | 0.124 | |||
| Jensen Alpha | 0.3239 | |||
| Total Risk Alpha | 0.1036 | |||
| Treynor Ratio | (1.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Tongcheng Travel'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.
Tongcheng Travel Holdings Backtested Returns
Tongcheng Travel appears to be moderately volatile, given 3 months investment horizon. Tongcheng Travel Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for Tongcheng Travel Holdings, which you can use to evaluate the volatility of the company. Please review Tongcheng Travel's Risk Adjusted Performance of 0.124, coefficient of variation of 595.65, and Variance of 3.51 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Tongcheng Travel holds a performance score of 13. The entity has a beta of -0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Tongcheng Travel are expected to decrease at a much lower rate. During the bear market, Tongcheng Travel is likely to outperform the market. Please check Tongcheng Travel's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to make a quick decision on whether Tongcheng Travel's existing price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Tongcheng Travel Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Tongcheng Travel time series from 27th of November 2025 to 12th of December 2025 and 12th of December 2025 to 27th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tongcheng Travel Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Tongcheng Travel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tongcheng Travel Holdings lagged returns against current returns
Autocorrelation, which is Tongcheng Travel pink sheet'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 Tongcheng Travel's pink sheet expected returns. We can calculate the autocorrelation of Tongcheng Travel returns to help us make a trade decision. For example, suppose you find that Tongcheng Travel has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
| Timeline |
Tongcheng Travel 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 Tongcheng Travel pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tongcheng Travel pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tongcheng Travel pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Tongcheng Travel Lagged Returns
When evaluating Tongcheng Travel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tongcheng Travel pink sheet have on its future price. Tongcheng Travel 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, Tongcheng Travel autocorrelation shows the relationship between Tongcheng Travel pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Tongcheng Travel Holdings.
Regressed Prices |
| Timeline |
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Other Information on Investing in Tongcheng Pink Sheet
Tongcheng Travel financial ratios help investors to determine whether Tongcheng Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tongcheng with respect to the benefits of owning Tongcheng Travel security.