The entity is active under Communication Services sector as part of Internet Content & Information industry. TuanChe has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.0035, which indicates not very significant fluctuations relative to the market. Let's try to break down what TuanChe's beta means in this case. As returns on the market increase, returns on owning TuanChe are expected to decrease at a much lower rate. During the bear market, TuanChe is likely to outperform the market. Although it is important to respect TuanChe Limited current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting TuanChe Limited technical indicators, you can presently evaluate if the expected return of 0.0955% will be sustainable into the future. TuanChe Limited right now has a risk of 5.28%. Please validate TuanChe value at risk, and the relationship between the jensen alpha and skewness to decide if TuanChe will be following its existing price patterns.
