Tencent OTC Stock Performance

TCTZF -  USA Stock  

USD 58.83  0.87  1.50%

The entity has a beta of -0.2758, which indicates not very significant fluctuations relative to the market. Let's try to break down what Tencent's beta means in this case. As returns on the market increase, returns on owning Tencent Holdings are expected to decrease at a much lower rate. During the bear market, Tencent Holdings is likely to outperform the market. Even though it is essential to pay attention to Tencent Holdings current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Tencent Holdings exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Tencent Holdings has an expected return of -0.32%. Please be advised to validate Tencent Holdings value at risk, as well as the relationship between the skewness and day median price to decide if Tencent Holdings performance from the past will be repeated at some point in the near future.

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 Tencent Performance
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Over the last 90 days Tencent Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unsteady performance in the last few months, the Stock's basic indicators remain rather sound which may send shares a bit higher in October 2021. The latest tumult may also be a sign of longer-term up-swing for the firm shareholders. ...more

Tencent Price Channel

Quick Ratio0.98
Fifty Two Week Low53.45
Payout Ratio6.00%
Fifty Two Week High99.79
Trailing Annual Dividend Yield2.30%

Tencent Holdings Relative Risk vs. Return Landscape

If you would invest  7,570  in Tencent Holdings on June 24, 2021 and sell it today you would lose (1,630)  from holding Tencent Holdings or give up 21.53% of portfolio value over 90 days. Tencent Holdings is currently producing negative expected returns and takes up 3.4761% volatility of returns over 90 trading days. Put another way, 29% of traded otc stocks are less volatile than Tencent, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon Tencent Holdings is expected to under-perform the market. In addition to that, the company is 5.14 times more volatile than its market benchmark. It trades about -0.09 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.01 per unit of volatility.

Tencent Holdings Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Tencent Holdings' investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Tencent Holdings, and traders can use it to determine the average amount a Tencent Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0934

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Negative ReturnsTCTZF
Estimated Market Risk
 3.48
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 29 %
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Expected Return
 -0.32
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 0 %
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 -0.09
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Based on monthly moving average Tencent Holdings is performing at about 0% 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.

About Tencent Holdings Performance

To evaluate Tencent Holdings OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Tencent Holdings generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Tencent OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Tencent Holdings stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Tencent's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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 89228 people.

Things to note about Tencent Holdings

Checking the ongoing alerts about Tencent Holdings for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Tencent Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Tencent Holdings Alerts

Equity Alerts and Improvement Suggestions

Tencent Holdings generates negative expected return over the last 90 days
Tencent Holdings has high historical volatility and very poor performance
About 38.0% of the company outstanding shares are owned by corporate insiders
Latest headline from www.reuters.com: U.S. stocks end at record highs as oil prices gain - Reuters
Additionally, take a look at World Market Map. Note that the Tencent Holdings information on this page should be used as a complementary analysis to other Tencent Holdings' 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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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 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.
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The market value of Tencent Holdings is measured differently than its book value, which is the value of Tencent that is recorded on the company's balance sheet. Investors also form their own opinion of Tencent Holdings' value that differs from its market value or its book value, called intrinsic value, which is Tencent Holdings' 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 Tencent Holdings' market value can be influenced by many factors that don't directly affect Tencent Holdings underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tencent Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Tencent Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tencent Holdings' 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.