Tencent Holdings Stock Technical Analysis
TCTZF Stock | USD 51.03 0.27 0.53% |
As of the 26th of November, Tencent Holdings has the Risk Adjusted Performance of 0.0478, semi deviation of 2.75, and Coefficient Of Variation of 1900.2. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tencent Holdings, as well as the relationship between them. Please validate Tencent Holdings variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Tencent Holdings is priced more or less accurately, providing market reflects its prevalent price of 51.03 per share. Given that Tencent Holdings has jensen alpha of 0.0796, we advise you to double-check Tencent Holdings's current market performance to make sure the company can sustain itself at a future point.
Tencent Holdings Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tencent, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TencentTencent |
Tencent Holdings technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Tencent Holdings Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Tencent Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Tencent Holdings Trend Analysis
Use this graph to draw trend lines for Tencent Holdings. You can use it to identify possible trend reversals for Tencent Holdings as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Tencent Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tencent Holdings Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tencent Holdings applied against its price change over selected period. The best fit line has a slop of 0.07 , which means Tencent Holdings will continue generating value for investors. It has 122 observation points and a regression sum of squares at 160.45, which is the sum of squared deviations for the predicted Tencent Holdings price change compared to its average price change.About Tencent Holdings Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Tencent Holdings on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Tencent Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tencent Holdings price pattern first instead of the macroeconomic environment surrounding Tencent Holdings. By analyzing Tencent Holdings's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Tencent Holdings's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Tencent Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tencent Holdings November 26, 2024 Technical Indicators
Most technical analysis of Tencent help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Tencent from various momentum indicators to cycle indicators. When you analyze Tencent charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0478 | |||
Market Risk Adjusted Performance | 0.2738 | |||
Mean Deviation | 2.21 | |||
Semi Deviation | 2.75 | |||
Downside Deviation | 2.87 | |||
Coefficient Of Variation | 1900.2 | |||
Standard Deviation | 2.98 | |||
Variance | 8.88 | |||
Information Ratio | 0.0087 | |||
Jensen Alpha | 0.0796 | |||
Total Risk Alpha | (0.32) | |||
Sortino Ratio | 0.0091 | |||
Treynor Ratio | 0.2638 | |||
Maximum Drawdown | 17.65 | |||
Value At Risk | (4.29) | |||
Potential Upside | 5.12 | |||
Downside Variance | 8.22 | |||
Semi Variance | 7.56 | |||
Expected Short fall | (2.44) | |||
Skewness | 0.0795 | |||
Kurtosis | 1.57 |
Complementary Tools for Tencent Pink Sheet analysis
When running Tencent Holdings' price analysis, check to measure Tencent Holdings' 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 Holdings is operating at the current time. Most of Tencent Holdings' value examination focuses on studying past and present price action to predict the probability of Tencent Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tencent Holdings' price. Additionally, you may evaluate how the addition of Tencent Holdings to your portfolios can decrease your overall portfolio volatility.
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