Tencent Stock Analysis


USD 6.60  0.34  4.90%   

The latest price surge of Tencent Music created some momentum for shareholders as it was traded today as low as 6.14 and as high as 6.64 per share. The company executives may have good odds in positioning the company resources to exploit market volatility in January. The stock standard deviation of daily returns for 90 days investing horizon is currently 5.92. The very high volatility is mostly attributed to the latest market swings and not very good earnings reports from some of the Tencent Music Entert partners.
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The Tencent Music stock analysis report makes it easy to digest most publicly released information about Tencent Music and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Tencent Stock analysis module also helps to analyze the Tencent Music price relationship with some important fundamental indicators such as market cap and management efficiency.

Tencent Stock Analysis Notes

About 48.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.71. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tencent Music Entert has Price/Earnings To Growth (PEG) ratio of 1.17. The entity had not issued any dividends in recent years. Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the Peoples Republic of China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited. Tencent Music operates under Internet Content Information classification in the United States and is traded on New York Stock Exchange. It employs 5966 people. To find out more about Tencent Music Entertainment contact Zhu Liang at 86 75 5860 13388 or learn more at https://www.tencentmusic.com.

Tencent Music Entert Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Tencent Music's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Tencent Music Entertainment or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Tencent Music Entert is way too risky over 90 days horizon
Tencent Music Entert appears to be risky and price may revert if volatility continues

Tencent Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 11.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tencent Music's market, we take the total number of its shares issued and multiply it by Tencent Music's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Tencent Profitablity

Tencent Music's profitability indicators refer to fundamental financial ratios that showcase Tencent Music's ability to generate income relative to its revenue or operating costs. If, let's say, Tencent Music is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Tencent Music's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Tencent Music's profitability requires more research than a typical breakdown of Tencent Music's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.11 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.11 %, which entails that for every 100 dollars of revenue, it generated 0.0 of operating income.

Management Efficiency

The entity has Return on Asset of 0.0281 % which means that on every $100 spent on asset, it made $0.0281 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 0.0649 %, implying that it generated $0.0649 on every 100 dollars invested. Tencent Music management efficiency ratios could be used to measure how well tencent music entert manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 2nd of December, Tencent Music has the Risk Adjusted Performance of 0.1907, coefficient of variation of 822.68, and Semi Deviation of 3.46. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tencent Music Entert, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We have collected data for nineteen technical drivers for Tencent Music Entertainment, which can be compared to its competition. Please validate Tencent Music Entert variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Tencent Music is priced more or less accurately, providing market reflects its prevalent price of 6.6 per share. Given that Tencent Music Entert has jensen alpha of 0.5207, we advise you to double-check Tencent Music Entertainment's current market performance to make sure the company can sustain itself at a future point.

Tencent Music Entert Price Movement Analysis

The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Triangular Moving Average shows Tencent Music double smoothed mean price over a specified number of previous prices (i.e., averaged twice).

Tencent Music Technical and Predictive Indicators

Tencent Music Forecast Models

Tencent Music time-series forecasting models is one of many Tencent Music's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tencent Music's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Tencent Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Tencent Music prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Tencent shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Tencent Music. By using and applying Tencent Stock analysis, traders can create a robust methodology for identifying Tencent entry and exit points for their positions.
Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the Peoples Republic of China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited. Tencent Music operates under Internet Content Information classification in the United States and is traded on New York Stock Exchange. It employs 5966 people.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Tencent Music to your portfolios without increasing risk or reducing expected return.

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When running Tencent Music Entert price analysis, check to measure Tencent Music'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 Tencent Music is operating at the current time. Most of Tencent Music's value examination focuses on studying past and present price action to predict the probability of Tencent Music's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tencent Music's price. Additionally, you may evaluate how the addition of Tencent Music to your portfolios can decrease your overall portfolio volatility.
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Is Tencent Music'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 Tencent Music. If investors know Tencent 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 Tencent Music listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
Market Capitalization
11.9 B
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
The market value of Tencent Music Entert 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 Music's value that differs from its market value or its book value, called intrinsic value, which is Tencent Music'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 Tencent Music's market value can be influenced by many factors that don't directly affect Tencent Music'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 Tencent Music's value and its price as these two are different measures arrived at by different means. Investors typically determine Tencent Music value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tencent Music'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.