TuanChe Stock Alpha and Beta Analysis

TC Stock  USD 0.52  0.02  4.00%   
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.
Sharpe Ratio
Expected Return
Please note that although TuanChe ADR alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, TuanChe ADR did 0.06  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of TuanChe ADR stock's relative risk over its benchmark. TuanChe ADR has a beta of 1.01  . As the market becomes more bullish, returns on owning TuanChe ADR are expected to decrease slowly. On the other hand, during market turmoil, TuanChe ADR is expected to outperform it slightly. TuanChe ADR Price to Book Value is projected to drop slightly based on the last few years of reporting. The past year's Price to Book Value was at 1.27. The current year's Tangible Assets Book Value per Share is expected to grow to 9.75, whereas Enterprise Value over EBIT is forecasted to decline to (1.08).

TuanChe ADR Quarterly Book Value per Share


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.
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.

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.
α0.06   β-1.01

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 Sun, Jul 2, 2023 and Sat, Sep 30, 2023 is 0.52 with a coefficient of variation of 10.86. The daily time series for the period is distributed with a sample standard deviation of 0.06, arithmetic mean of 0.54, and mean deviation of 0.05. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
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EPS Reported

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.

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 2023
Upcoming Quarterly Report
31st of December 2022
Next Fiscal Quarter End

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.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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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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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.
A focus of TuanChe ADR technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TuanChe ADR trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...