Travelsky Technology Ltd Stock Today
| TSYHY Stock | USD 11.71 0.09 0.76% |
Performance10 of 100
| Odds Of DistressLess than 9
|
TravelSky Technology is trading at 11.71 as of the 20th of April 2024; that is -0.76 percent decrease since the beginning of the trading day. The stock's open price was 11.8. TravelSky Technology has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for TravelSky Technology Ltd are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 21st of March 2024 and ending today, the 20th of April 2024. Click here to learn more.
TravelSky Technology Limited, together with its subsidiaries, provides information technology solutions for aviation and travel industry in the Peoples Republic of China. TravelSky Technology Limited was founded in 1979 and is based in Beijing, the Peoples Republic of China. The company has 292.62 M outstanding shares. More on TravelSky Technology Ltd
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Follow Valuation Odds of Bankruptcy
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TravelSky Pink Sheet Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TravelSky Technology's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TravelSky Technology or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Yinhong Xiao |
| Business Concentration | Information Technology Services, Technology (View all Sectors) |
TravelSky Technology Ltd [TSYHY] is a Pink Sheet which is traded between brokers as part of OTC trading. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.12 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TravelSky Technology's market, we take the total number of its shares issued and multiply it by TravelSky Technology's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. TravelSky Technology classifies itself under Technology sector and is part of Information Technology Services industry. The entity has 292.62 M outstanding shares.
TravelSky Technology Ltd has accumulated about 10.99 B in cash with 2.94 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 37.56, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check TravelSky Technology Probability Of Bankruptcy
TravelSky Stock Price Odds Analysis
Based on a normal probability distribution, the odds of TravelSky Technology jumping above the current price in 90 days from now is about 27.43%. The TravelSky Technology Ltd probability density function shows the probability of TravelSky Technology pink sheet to fall within a particular range of prices over 90 days. Assuming the 90 days horizon TravelSky Technology has a beta of 0.6486. This usually implies as returns on the market go up, TravelSky Technology average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding TravelSky Technology Ltd will be expected to be much smaller as well. Additionally, travelSky Technology Ltd has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of TravelSky Technology to move above the current price in 90 days from now is about 27.43 (This TravelSky Technology Ltd probability density function shows the probability of TravelSky Pink Sheet to fall within a particular range of prices over 90 days) .
TravelSky Technology Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. TravelSky Technology market risk premium is the additional return an investor will receive from holding TravelSky Technology 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 TravelSky Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although TravelSky Technology's alpha and beta are two of the key measurements used to evaluate TravelSky Technology's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.34 | |||
| Standard Deviation | 3.13 | |||
| Variance | 9.8 | |||
| Risk Adjusted Performance | 0.0044 |
TravelSky Stock Against Markets
Picking the right benchmark for TravelSky Technology pink sheet is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in TravelSky Technology pink sheet price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for TravelSky Technology is critical whether you are bullish or bearish towards TravelSky Technology Ltd at a given time. Please also check how TravelSky Technology's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in TravelSky Technology without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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TravelSky Technology Corporate Directors
TravelSky Technology corporate directors refer to members of a TravelSky Technology board of directors. The board of directors generally takes responsibility for the TravelSky Technology's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of TravelSky Technology's board members must vote for the resolution. The TravelSky Technology board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Chongyi Pan | Independent Non-Executive Director | Profile | |
| Shiqing Cao | Independent Non-Executive Director | Profile | |
| Xiaohang Zhao | Non-Executive Director | Profile | |
| Yuk Cheung | Independent Non-Executive Director | Profile |
How to buy TravelSky Pink Sheet?
Before investing in TravelSky Technology, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in TravelSky Technology. To buy TravelSky Technology stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of TravelSky Technology. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase TravelSky Technology stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located TravelSky Technology Ltd stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased TravelSky Technology Ltd stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as TravelSky Technology Ltd, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in TravelSky Technology Ltd?
The danger of trading TravelSky Technology Ltd is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of TravelSky Technology is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than TravelSky Technology. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile TravelSky Technology is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TravelSky Technology Ltd. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the TravelSky Technology information on this page should be used as a complementary analysis to other TravelSky Technology'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for TravelSky Pink Sheet analysis
When running TravelSky Technology's price analysis, check to measure TravelSky Technology'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 TravelSky Technology is operating at the current time. Most of TravelSky Technology's value examination focuses on studying past and present price action to predict the probability of TravelSky Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TravelSky Technology's price. Additionally, you may evaluate how the addition of TravelSky Technology to your portfolios can decrease your overall portfolio volatility.
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