The current slip in stock price created some momentum for investors as it was traded today as low as 2.26 and as high as 2.37 per share. The company management teams have failed to build on market volatilities in August. However, diversifying your overall positions with TuanChe Limited may protect your principal portfolio during upcoming market swings. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.95. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the TuanChe Limited partners.
Estimating TuanChe (NASDAQ:TC) price for October 2021.
 | By Vlad Skutelnik | Macroaxis Story |
The aim of this article is to give investors our take on TuanChe future value. We will analyze the reasons why it could be a game-changer for TuanChe investors.
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Reviewed by Gabriel Shpitalnik
The entity has a beta of -0.0738. Let's try to break down what TuanChe's beta means in this case. As returns on the market increase, TuanChe returns are expected to increase less than the market. However, during the bear market, the loss on holding TuanChe will be expected to be smaller as well. The beta indicator helps investors understand whether TuanChe moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if TuanChe deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TuanChe ADR. Your research has to be compared to or analyzed against TuanChe ADR's peers to derive any actionable benefits. When done correctly, TuanChe ADR's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in 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, 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.
Predictive Modules for TuanChe ADR
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.
How important is TuanChe ADR's Liquidity
TuanChe ADR financial leverage refers to using borrowed capital as a funding source to finance TuanChe ADR ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. TuanChe ADR financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to TuanChe ADR's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of TuanChe ADR's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the breakdown between TuanChe ADR's total debt and its cash.
TuanChe ADR Gross Profit
TuanChe ADR Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing TuanChe ADR previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show TuanChe ADR Gross Profit growth over the last 10 years. Please check TuanChe ADR's gross profit and other fundamental indicators for more details.
Is TuanChe ADR valued correctly by the market?
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