Tencent Holdings Ltd Stock Price on June 27, 2023
| TCEHY Stock | USD 48.13 0.13 0.27% |
If you're considering investing in Tencent Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Tencent Holdings stands at 48.13, as last reported on the 18th of June 2024, with the highest price reaching 48.50 and the lowest price hitting 47.94 during the day. Tencent Holdings appears to be very steady, given 3 months investment horizon. Tencent Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. By inspecting Tencent Holdings' technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please review Tencent Holdings' Semi Deviation of 1.27, risk adjusted performance of 0.1337, and Coefficient Of Variation of 547.98 to confirm if our risk estimates are consistent with your expectations.
Tencent Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Tencent |
Sharpe Ratio = 0.225
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Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.55 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average Tencent Holdings is performing at about 17% of its full potential. 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 Tencent Holdings by adding it to a well-diversified portfolio.
Tencent Holdings Valuation on June 27, 2023
It is possible to determine the worth of Tencent Holdings on a given historical date. On June 27, 2023 Tencent was worth 43.37 at the beginning of the trading date compared to the closed value of 43.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tencent Holdings pink sheet. Still, in general, we apply an absolute valuation method to find Tencent Holdings' 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 Tencent Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tencent Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 42.38 | 42.74 | 42.34 | 42.41 | 1,456,300 | |
06/27/2023 | 43.37 | 43.67 | 43.19 | 43.20 | 3,410,900 |
| 42.83 | 42.83 | 42.39 | 42.39 | 2,971,900 |
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Tencent Holdings Trading Date Momentum on June 27, 2023
| On June 28 2023 Tencent Holdings Ltd was traded for 42.39 at the closing time. The highest daily price throughout the period was 42.83 and the lowest price was 42.39 . The daily volume was 3 M. The net trading volume on 06/28/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.88% . The trading price change to current closing price is 3.06% . |
Tencent Holdings Fundamentals Correlations and Trends
By evaluating Tencent Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tencent Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tencent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Tencent Holdings Pink Sheet history
Tencent Holdings 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 Tencent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tencent Holdings 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 Tencent Holdings stock prices may prove useful in developing a viable investing in Tencent Holdings
Tencent Holdings Limited, an investment holding company, provides value-added services and Online advertising services in Mainland China and internationally. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the Peoples Republic of China. Tencent Holdings operates under Internet Content Information classification in the United States and is traded on OTC Exchange. It employs 110715 people.
Tencent Holdings Pink Sheet Technical Analysis
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.
Price Boundaries
Tencent Holdings Period Price Range
Low | June 27, 2023
| High |
43.37 | 43.20 |
Tencent Holdings June 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Tencent Holdings pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tencent Holdings shares will generate the highest return on investment. By undertsting and applying Tencent Holdings pink sheet market strength indicators, traders can identify Tencent Holdings Ltd entry and exit signals to maximize returns
Tencent Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Tencent Holdings' price direction in advance. Along with the technical and fundamental analysis of Tencent Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tencent 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 | 0.1337 | |||
| Jensen Alpha | 0.4013 | |||
| Total Risk Alpha | 0.3359 | |||
| Sortino Ratio | 0.2384 | |||
| Treynor Ratio | 0.3207 |
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Additional 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.