Tencent Music (Germany) Analysis
| 63TA Stock | EUR 10.90 0.10 0.91% |
Tencent Music Entertainment is overvalued with Real Value of 8.9 and Hype Value of 10.9. The main objective of Tencent Music stock analysis is to determine its intrinsic value, which is an estimate of what Tencent Music Entertainment is worth, separate from its market price. There are two main types of Tencent Music's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Tencent Music's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Tencent Music's stock to identify patterns and trends that may indicate its future price movements.
The Tencent Music stock is traded in Germany on Frankfurt Exchange, with the market opening at 08:00:00 and closing at 22:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Germany. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Tencent Music's ongoing operational relationships across important fundamental and technical indicators.
Tencent |
Tencent Stock Analysis Notes
The company has Price-to-Book (P/B) ratio of 1.96. In the past many companies with similar price-to-book ratios have beat the market. Tencent Music Entert has Price/Earnings To Growth (PEG) ratio of 1.36. The entity had not issued any dividends in recent years.Tencent Music Entert Investment Alerts
| Tencent Music Entert had very high historical volatility over the last 90 days |
Tencent Music Thematic Classifications
In addition to having Tencent Music stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
 | EntertainmentUSA Equities from Entertainment industry as classified by Fama & French | |
 | Music and VideoMusic, video and movies |
Tencent Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 10.16 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tencent Music's market, we take the total number of its shares issued and multiply it by Tencent Music's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Technical Drivers
As of the 23rd of November, Tencent Music has the Semi Deviation of 2.23, coefficient of variation of 1017.7, and Risk Adjusted Performance of 0.0831. Tencent Music technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Tencent Music Entert downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Tencent Music is priced more or less accurately, providing market reflects its prevalent price of 10.9 per share.Tencent Music Entert Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Tencent Music middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Tencent Music Entert. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Tencent Music Outstanding Bonds
Tencent Music issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tencent Music Entert uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tencent bonds can be classified according to their maturity, which is the date when Tencent Music Entertainment has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Tencent Music Predictive Daily Indicators
Tencent Music intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tencent Music stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Tencent Music Forecast Models
Tencent Music's time-series forecasting models are one of many Tencent Music's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tencent Music's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Tencent Music to your portfolios without increasing risk or reducing expected return.Did you try this?
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Complementary Tools for Tencent Stock analysis
When running Tencent Music's price analysis, check to measure Tencent Music'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 Tencent Music is operating at the current time. Most of Tencent Music's value examination focuses on studying past and present price action to predict the probability of Tencent Music's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tencent Music's price. Additionally, you may evaluate how the addition of Tencent Music to your portfolios can decrease your overall portfolio volatility.
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