Tuanche Adr Stock Price on February 13, 2023
| TC Stock | USD 1.71 0.04 2.40% |
Below is the normalized historical share price chart for TuanChe ADR extending back to November 20, 2018. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of TuanChe ADR stands at 1.71, as last reported on the 25th of April, with the highest price reaching 1.71 and the lowest price hitting 1.56 during the day.
If you're considering investing in TuanChe Stock, it is important to understand the factors that can impact its price. TuanChe ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0337, which indicates the firm had a -0.0337% return per unit of risk over the last 3 months. TuanChe ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TuanChe ADR's Risk Adjusted Performance of (0.02), variance of 56.73, and Coefficient Of Variation of (2,019) to confirm the risk estimate we provide.
The current year's Issuance Of Capital Stock is expected to grow to about 113.3 M, whereas Total Stockholder Equity is forecasted to decline to about 18.5 M. . At present, TuanChe ADR's Price To Book Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Fair Value is expected to grow to 1.98, whereas Price To Sales Ratio is forecasted to decline to 0.21. TuanChe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 20th of November 2018 | 200 Day MA 4.8905 | 50 Day MA 1.804 | Beta 0.129 |
TuanChe |
Sharpe Ratio = -0.0337
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | TC |
Estimated Market Risk
| 7.47 actual daily | 66 66% of assets are less volatile |
Expected Return
| -0.25 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average TuanChe ADR is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of TuanChe ADR by adding TuanChe ADR to a well-diversified portfolio.
Price Book 1.4213 | Enterprise Value Ebitda (0.05) | Price Sales 0.0225 | Shares Float 169.5 M | Wall Street Target Price 12.24 |
TuanChe ADR Valuation on February 13, 2023
It is possible to determine the worth of TuanChe ADR on a given historical date. On February 13, 2023 TuanChe was worth 0.72 at the beginning of the trading date compared to the closed value of 10.65. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of TuanChe ADR stock. Still, in general, we apply an absolute valuation method to find TuanChe ADR's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of TuanChe ADR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against TuanChe ADR's related companies.
| Open | High | Low | Close | Volume | |
| 0.71 | 10.80 | 10.80 | 10.80 | 1,356 | |
02/13/2023 | 0.72 | 10.65 | 10.65 | 10.65 | 2,961 |
| 0.71 | 10.65 | 10.65 | 10.65 | 2,372 |
| Backtest TuanChe ADR | | | TuanChe ADR History | | | TuanChe ADR Valuation | Previous | Next |
TuanChe ADR Trading Date Momentum on February 13, 2023
| On February 14 2023 TuanChe ADR was traded for 10.65 at the closing time. The highest price during the trading period was 10.65 and the lowest recorded bid was listed for 10.65 . The volume for the day was 2.4 K. This history from February 14, 2023 did not result in any price rise and fall. The trading price change to the current price is 94.08% . |
TuanChe ADR Fundamentals Correlations and Trends
By evaluating TuanChe ADR's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among TuanChe ADR's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. TuanChe financial account trend analysis is a perfect complement when working with valuation or volatility modules.About TuanChe ADR Stock history
TuanChe ADR investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for TuanChe is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in TuanChe ADR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing TuanChe ADR stock prices may prove useful in developing a viable investing in TuanChe ADR
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.7 M | 1.6 M | |
| Net Loss | -142.3 M | -149.4 M |
TuanChe ADR Quarterly Net Working Capital |
|
TuanChe ADR Stock Technical Analysis
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.
Price Boundaries
TuanChe ADR Period Price Range
Low | February 13, 2023
| High |
0.72 | 10.65 |
TuanChe ADR April 25, 2024 Market Strength
Market strength 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 undertsting and applying TuanChe ADR stock market strength indicators, traders can identify TuanChe ADR entry and exit signals to maximize returns
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 14.79 | |||
| Day Median Price | 10.65 | |||
| Day Typical Price | 10.65 | |||
| Price Action Indicator | 4.97 | |||
| Period Momentum Indicator | (8.94) | |||
| Relative Strength Index | 69.27 |
TuanChe ADR Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for TuanChe ADR's price direction in advance. Along with the technical and fundamental analysis of TuanChe Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of TuanChe to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (1.41) | |||
| Treynor Ratio | (0.33) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TuanChe ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market 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.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk |
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.