Tuanche Adr Stock Price History

TC Stock  USD 1.99  0.09  4.74%   
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 1.99, as last reported on the 17th of April 2024, with the highest price reaching 2.13 and the lowest price hitting 1.83 during the day.
IPO Date
20th of November 2018
200 Day MA
5.0594
50 Day MA
1.8238
Beta
0.129
 
Covid
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 -0.0397, which indicates the firm had a -0.0397% return per unit of risk over the last 3 months. TuanChe ADR exposes twenty-four 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 54.39, and Coefficient Of Variation of (1,922) to confirm the risk estimate we provide.
  
At present, TuanChe ADR's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 113.3 M, whereas Common Stock Total Equity is forecasted to decline to about 180.8 K. . 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 15.53, whereas Price To Sales Ratio is forecasted to decline to 9.91. TuanChe Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0397

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Estimated Market Risk

 7.42
  actual daily
65
65% of assets are less volatile

Expected Return

 -0.29
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  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 Stock Price History Chart

There are several ways to analyze TuanChe Stock price data. The simplest method is using a basic TuanChe candlestick price chart, which shows TuanChe ADR price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 22, 20242.44
Lowest PriceMarch 19, 20241.52

TuanChe ADR April 17, 2024 Stock Price Synopsis

Various analyses of TuanChe ADR's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell TuanChe Stock. It can be used to describe the percentage change in the price of TuanChe ADR from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of TuanChe Stock.
TuanChe ADR Price Action Indicator 0.06 
TuanChe ADR Price Daily Balance Of Power 0.30 
TuanChe ADR Price Rate Of Daily Change 1.05 

TuanChe ADR April 17, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in TuanChe Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use TuanChe ADR intraday prices and daily technical indicators to check the level of noise trading in TuanChe Stock and then apply it to test your longer-term investment strategies against TuanChe.

TuanChe Stock Price History Data

The price series of TuanChe ADR for the period between Thu, Jan 18, 2024 and Wed, Apr 17, 2024 has a statistical range of 1.59 with a coefficient of variation of 18.29. The price distribution for the period has arithmetic mean of 1.97. The median price for the last 90 days is 1.9. The company completed stock split (1:15) on 26th of January 2024. TuanChe ADR had dividends distributed to its stock-holders on 2020-10-22.
OpenHighLowCloseVolume
04/17/2024
 1.83  2.13  1.83  1.99 
04/16/2024 1.83  2.13  1.83  1.99  38,189 
04/15/2024 1.91  1.94  1.70  1.90  124,751 
04/12/2024 1.88  1.94  1.71  1.81  70,891 
04/11/2024 1.82  2.10  1.63  2.00  660,393 
04/10/2024 2.05  2.08  1.80  1.80  60,422 
04/09/2024 2.26  2.26  1.85  1.96  45,690 
04/08/2024 2.00  2.25  1.90  1.95  88,050 
04/05/2024 2.28  2.28  1.92  2.00  116,106 
04/04/2024 1.66  2.14  1.58  2.09  156,753 
04/03/2024 1.73  1.75  1.65  1.65  6,491 
04/02/2024 1.66  1.83  1.64  1.77  26,715 
04/01/2024 1.53  1.71  1.53  1.65  17,010 
03/28/2024 1.60  1.62  1.51  1.54  5,531 
03/27/2024 1.59  1.61  1.48  1.58  15,100 
03/26/2024 1.63  1.63  1.40  1.59  3,068 
03/25/2024 1.80  1.80  1.55  1.59  27,882 
03/22/2024 1.58  1.67  1.53  1.53  13,361 
03/21/2024 1.53  1.58  1.50  1.55  20,726 
03/20/2024 1.46  1.63  1.45  1.59  7,325 
03/19/2024 1.53  1.53  1.40  1.52  21,925 
03/18/2024 1.56  1.58  1.53  1.54  9,351 
03/15/2024 1.65  1.75  1.53  1.55  38,914 
03/14/2024 1.85  1.85  1.61  1.67  119,468 
03/13/2024 1.83  1.88  1.77  1.82  23,442 
03/12/2024 1.83  1.85  1.76  1.83  9,086 
03/11/2024 1.91  1.93  1.79  1.82  33,814 
03/08/2024 2.01  2.05  1.77  1.81  51,282 
03/07/2024 1.85  2.16  1.81  2.00  196,682 
03/06/2024 1.81  1.89  1.77  1.78  34,730 
03/05/2024 1.76  1.87  1.76  1.81  29,895 
03/04/2024 1.82  1.88  1.75  1.75  14,255 
03/01/2024 1.80  1.87  1.80  1.81  12,357 
02/29/2024 1.83  1.84  1.71  1.80  41,042 
02/28/2024 1.84  1.92  1.78  1.85  24,794 
02/27/2024 1.88  1.88  1.75  1.77  26,270 
02/26/2024 1.90  1.90  1.77  1.77  18,664 
02/23/2024 1.91  1.98  1.80  1.85  23,412 
02/22/2024 1.95  1.95  1.87  1.91  22,424 
02/21/2024 2.07  2.15  1.88  1.92  14,174 
02/20/2024 2.20  2.26  1.95  2.02  36,016 
02/16/2024 2.35  2.45  2.19  2.29  69,367 
02/15/2024 2.05  2.47  2.05  2.36  158,359 
02/14/2024 2.01  2.46  1.96  2.06  228,626 
02/13/2024 1.83  1.95  1.83  1.86  16,903 
02/12/2024 1.90  1.93  1.80  1.85  20,493 
02/09/2024 2.15  2.16  1.87  1.87  47,377 
02/08/2024 2.00  2.28  1.94  2.19  185,748 
02/07/2024 1.87  1.99  1.70  1.91  81,315 
02/06/2024 1.95  1.95  1.76  1.76  13,185 
02/05/2024 2.04  2.05  1.85  1.96  13,441 
02/02/2024 1.92  2.39  1.87  1.93  58,849 
02/01/2024 1.86  2.09  1.78  1.97  18,603 
01/31/2024 1.99  1.99  1.85  1.93  33,436 
01/30/2024 2.16  2.28  1.99  2.03  105,818 
01/29/2024 2.97  3.03  1.80  2.34  1,854,218 
01/26/2024 2.20  2.58  1.77  2.36  92,148 
01/25/2024 0.18  2.13  2.13  2.13  65,609 
01/24/2024 2.24  2.24  1.95  2.10  10,515 
01/23/2024 2.55  2.65  2.10  2.14  9,483 
01/22/2024 2.63  2.63  2.41  2.44  1,440 

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 ReportedProjected for Next Year
Common Stock Shares Outstanding22.1 M19.3 M
Net Loss-142.3 M-149.4 M

TuanChe ADR Quarterly Net Working Capital

28.07 Million

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.
A focus of TuanChe ADR technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TuanChe ADR trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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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.
When determining whether TuanChe ADR offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of TuanChe ADR's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tuanche Adr Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tuanche Adr Stock:
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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

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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.
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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.