Takung Art Co Performance
| TKATDelisted Stock | USD 0.14 0.02 12.50% |
The entity has a beta of -1.58, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Takung Art are expected to decrease by larger amounts. On the other hand, during market turmoil, Takung Art is expected to outperform it. Takung Art right now has a risk of 0.0%. Please validate Takung Art total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Takung Art will be following its existing price patterns.
Risk-Adjusted Performance
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Over the last 90 days Takung Art Co has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of comparatively stable basic indicators, Takung Art is not utilizing all of its potentials. The current stock price uproar, may contribute to short-horizon losses for the private investors. ...more
| Begin Period Cash Flow | 1.8 M |
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Takung Art Relative Risk vs. Return Landscape
If you would invest 14.00 in Takung Art Co on January 24, 2024 and sell it today you would earn a total of 0.00 from holding Takung Art Co or generate 0.0% return on investment over 90 days. Takung Art Co is currently does not generate positive expected returns and assumes 0.0% risk (volatility on return distribution) over the 90 days horizon. In different words, 0% of stocks are less volatile than Takung, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Takung Art Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Takung Art's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Takung Art Co, and traders can use it to determine the average amount a Takung Art's 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 = 0.0
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Based on monthly moving average Takung Art 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 Takung Art by adding Takung Art to a well-diversified portfolio.
Takung Art Fundamentals Growth
Takung Stock prices reflect investors' perceptions of the future prospects and financial health of Takung Art, and Takung Art fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Takung Stock performance.
| Return On Equity | -0.0662 | |||
| Return On Asset | 0.0013 | |||
| Profit Margin | 1.10 % | |||
| Operating Margin | 0.03 % | |||
| Current Valuation | (54.61 M) | |||
| Shares Outstanding | 34.99 M | |||
| Price To Earning | 8.70 X | |||
| Price To Book | 0.43 X | |||
| Price To Sales | 9.64 X | |||
| Revenue | 3.4 M | |||
| EBITDA | (1.06 M) | |||
| Cash And Equivalents | 32.54 M | |||
| Cash Per Share | 1.32 X | |||
| Total Debt | 1.55 M | |||
| Debt To Equity | 0.15 % | |||
| Book Value Per Share | 1.69 X | |||
| Cash Flow From Operations | 3.52 M | |||
| Earnings Per Share | (0.04) X | |||
| Total Asset | 67.75 M | |||
| Retained Earnings | (40.37 M) | |||
| Current Asset | 49.07 M | |||
| Current Liabilities | 34.59 M | |||
About Takung Art Performance
To evaluate Takung Art 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 Takung Art 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 Takung 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 Takung Art market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Takung'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.Takung Art Co., Ltd., through its subsidiaries, operates an electronic online platform for artists, art dealers, and art investors to offer and trade in artwork in the form of non-fungible token primarily in the Peoples Republic of China. Its platform offers and trades in various artwork, such as calligraphy, paintings, sculptures, crafts, jade, jewelry, metal ware, ceramics, and antique furniture. Takung Art is traded on AMEX Exchange in the United States.Things to note about Takung Art performance evaluation
Checking the ongoing alerts about Takung Art for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Takung Art help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Takung Art is not yet fully synchronised with the market data | |
| Takung Art has some characteristics of a very speculative penny stock | |
| Takung Art has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 3.4 M. Net Loss for the year was (10.61 M) with profit before overhead, payroll, taxes, and interest of 2.62 M. |
- Analyzing Takung Art's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Takung Art's stock is overvalued or undervalued compared to its peers.
- Examining Takung Art's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Takung Art's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Takung Art's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Takung Art's stock. These opinions can provide insight into Takung Art's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Takung Art information on this page should be used as a complementary analysis to other Takung Art'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in Takung Stock
If you are still planning to invest in Takung Art check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Takung Art's history and understand the potential risks before investing.
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