Tuanche Adr Stock Probability of Future Stock Price Finishing Over 5.80
| TC Stock | USD 1.71 0.04 2.40% |
TuanChe |
TuanChe ADR Target Price Odds to finish over 5.80
The tendency of TuanChe Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 5.80 or more in 90 days |
| 1.71 | 90 days | 5.80 | close to zero percent |
Based on a normal probability distribution, the odds of TuanChe ADR to move over $ 5.80 or more in 90 days from now is close to zero percent (This TuanChe ADR probability density function shows the probability of TuanChe Stock to fall within a particular range of prices over 90 days) . Probability of TuanChe ADR price to stay between its current price of $ 1.71 and $ 5.80 at the end of the 90-day period is about 76.06 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.15 . This usually implies TuanChe ADR market returns are highly-sensitive to returns on the market. As the market goes up or down, TuanChe ADR is expected to follow. Additionally TuanChe ADR has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. TuanChe ADR Price Density |
| Price |
Predictive Modules for TuanChe ADR
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TuanChe ADR. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TuanChe ADR'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.
TuanChe ADR Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. TuanChe ADR is not an exception. The market had few large corrections towards the TuanChe ADR's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold TuanChe ADR, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TuanChe ADR within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.48 | |
β | Beta against NYSE Composite | 1.15 | |
σ | Overall volatility | 0.24 | |
Ir | Information ratio | -0.06 |
TuanChe ADR Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of TuanChe ADR for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TuanChe ADR can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| TuanChe ADR generated a negative expected return over the last 90 days | |
| TuanChe ADR has high historical volatility and very poor performance | |
| TuanChe ADR may become a speculative penny stock | |
| TuanChe ADR has a very high chance of going through financial distress in the upcoming years | |
| The company generated the yearly revenue of 162.37 M. Annual Net Loss to common stockholders was (82.97 M) with gross profit of 121 M. | |
| TuanChe ADR reports about 41.21 M in cash with (74.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.17, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| TuanChe ADR has a poor financial position based on the latest SEC disclosures | |
| Latest headline from globenewswire.com: TC Energy provides results of Series 7 Shares conversion elections |
TuanChe ADR Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of TuanChe Stock often depends not only on the future outlook of the current and potential TuanChe ADR's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. TuanChe ADR's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.7 M | |
| Cash And Short Term Investments | 16.2 M | |
| Shares Float | 169.5 M |
TuanChe ADR Technical Analysis
TuanChe ADR's future price can be derived by breaking down and analyzing its technical indicators over time. TuanChe Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TuanChe ADR. In general, you should focus on analyzing TuanChe Stock price patterns and their correlations with different microeconomic environments and drivers.
TuanChe ADR Predictive Forecast Models
TuanChe ADR's time-series forecasting models is one of many TuanChe ADR's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are 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. This non-stationary TuanChe ADR'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 stock market movement and maximize returns from investment trading.
Things to note about TuanChe ADR
Checking the ongoing alerts about TuanChe ADR for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TuanChe ADR help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| TuanChe ADR generated a negative expected return over the last 90 days | |
| TuanChe ADR has high historical volatility and very poor performance | |
| TuanChe ADR may become a speculative penny stock | |
| TuanChe ADR has a very high chance of going through financial distress in the upcoming years | |
| The company generated the yearly revenue of 162.37 M. Annual Net Loss to common stockholders was (82.97 M) with gross profit of 121 M. | |
| TuanChe ADR reports about 41.21 M in cash with (74.89 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.17, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| TuanChe ADR has a poor financial position based on the latest SEC disclosures | |
| Latest headline from globenewswire.com: TC Energy provides results of Series 7 Shares conversion elections |
Check out TuanChe ADR Backtesting, TuanChe ADR Valuation, TuanChe ADR Correlation, TuanChe ADR Hype Analysis, TuanChe ADR Volatility, TuanChe ADR History as well as TuanChe ADR Performance. For information on how to trade TuanChe Stock refer to our How to Trade TuanChe Stock guide.Note that the TuanChe ADR information on this page should be used as a complementary analysis to other TuanChe ADR's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for TuanChe Stock analysis
When running TuanChe ADR's price analysis, check to measure TuanChe ADR'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 TuanChe ADR is operating at the current time. Most of TuanChe ADR's value examination focuses on studying past and present price action to predict the probability of TuanChe ADR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TuanChe ADR's price. Additionally, you may evaluate how the addition of TuanChe ADR to your portfolios can decrease your overall portfolio volatility.
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Is TuanChe ADR's industry 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 TuanChe ADR. If investors know TuanChe 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 TuanChe ADR listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.63) | Revenue Per Share 95.791 | Quarterly Revenue Growth (0.25) | Return On Assets (0.42) | Return On Equity (1.48) |
The market value of TuanChe ADR is measured differently than its book value, which is the value of TuanChe that is recorded on the company's balance sheet. Investors also form their own opinion of TuanChe ADR's value that differs from its market value or its book value, called intrinsic value, which is TuanChe ADR's 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 TuanChe ADR's market value can be influenced by many factors that don't directly affect TuanChe ADR's 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 TuanChe ADR's value and its price as these two are different measures arrived at by different means. Investors typically determine if TuanChe ADR is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TuanChe ADR's 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.