Tuanche Adr Stock Alpha and Beta Analysis
| TC Stock | USD 0.91 0.06 7.06% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as TuanChe ADR. It also helps investors analyze the systematic and unsystematic risks associated with investing in TuanChe ADR over a specified time horizon. Remember, high TuanChe ADR's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to TuanChe ADR's market risk premium analysis include:
Beta 0.66 | Alpha (1.13) | Risk 6.12 | Sharpe Ratio (0.13) | Expected Return (0.79) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
TuanChe |
TuanChe ADR Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. TuanChe ADR market risk premium is the additional return an investor will receive from holding TuanChe ADR long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in TuanChe ADR. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate TuanChe ADR's performance over market.| α | -1.13 | β | 0.66 |
TuanChe ADR expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of TuanChe ADR's Buy-and-hold return. Our buy-and-hold chart shows how TuanChe ADR performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.TuanChe ADR Market Price Analysis
Market price analysis 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 understating and applying TuanChe ADR stock market price indicators, traders can identify TuanChe ADR position entry and exit signals to maximize returns.
TuanChe ADR Return and Market Media
The median price of TuanChe ADR for the period between Fri, Aug 23, 2024 and Thu, Nov 21, 2024 is 1.67 with a coefficient of variation of 26.41. The daily time series for the period is distributed with a sample standard deviation of 0.4, arithmetic mean of 1.5, and mean deviation of 0.33. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | TuanChe Announces Unaudited First Half 2024 Financial Results | 08/30/2024 |
2 | Centerra Gold Provides Notice of Release and Conference Call for the Thompson Creek Feasibility Study Results and Strategic Plan for the US Molybdenum Operation... | 09/09/2024 |
3 | TC Energy announces cash tender offers for seven series of debt securities | 10/01/2024 |
4 | Les cibles dmissions court terme de TC Transcontinental approuvespar linitiative Science Based Targets | 10/03/2024 |
5 | TC Energy announces expiration and upsizing of cash tender offers for certain Canadian-dollar denominated debt securities | 10/09/2024 |
6 | TuanChe Stock Surges Amidst Industry Decline | 10/17/2024 |
7 | TuanChe Announces Pricing of 1.1 Million Registered Direct Offering and Concurrent Private Placement | 10/24/2024 |
8 | TC Energy lists Series 10 Preferred Shares | 10/30/2024 |
9 | TC Energy appoints two new independent directors | 11/07/2024 |
10 | TC Energys outlook highlights solid growth, low risk, repeatable performance at 2024 Investor Day | 11/19/2024 |
About TuanChe ADR Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including TuanChe or other stocks. Alpha measures the amount that position in TuanChe ADR has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2023 | 2024 (projected) | Payables Turnover | 6.63 | 6.29 | Days Of Inventory On Hand | 6.0E-6 | 1.0E-5 |
TuanChe ADR Upcoming Company Events
As portrayed in its financial statements, the presentation of TuanChe ADR's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TuanChe ADR's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of TuanChe ADR's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of TuanChe ADR. Please utilize our Beneish M Score to check the likelihood of TuanChe ADR's management manipulating its earnings.
| 3rd of April 2024 Upcoming Quarterly Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View |
Build Portfolio with TuanChe ADR
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
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Check out TuanChe ADR Backtesting, TuanChe ADR Valuation, TuanChe ADR Correlation, TuanChe ADR Hype Analysis, TuanChe ADR Volatility, TuanChe ADR History and analyze TuanChe ADR Performance. For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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.