TuanChe Stock Statistic Functions Beta

TC Stock  USD 0.50  0.02  3.85%   
TuanChe ADR statistic functions tool provides the execution environment for running the Beta function and other technical functions against TuanChe ADR. TuanChe ADR value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. TuanChe ADR statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on TuanChe ADR correlated with the market. If Beta is less than 0 TuanChe ADR generally moves in the opposite direction as compared to the market. If TuanChe ADR Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TuanChe ADR is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TuanChe ADR is generally in the same direction as the market. If Beta > 1 TuanChe ADR moves generally in the same direction as, but more than the movement of the benchmark.
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TuanChe ADR Technical Analysis Modules

Most technical analysis of TuanChe ADR help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for TuanChe from various momentum indicators to cycle indicators. When you analyze TuanChe charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About TuanChe ADR Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TuanChe ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of TuanChe ADR based on widely used predictive technical indicators. In general, we focus on analyzing TuanChe Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TuanChe ADR's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of TuanChe ADR's intrinsic value. In addition to deriving basic predictive indicators for TuanChe ADR, we also check how macroeconomic factors affect TuanChe ADR price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of TuanChe ADR's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of TuanChe ADR in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
0.030.504.95
Details
Intrinsic
Valuation
LowRealHigh
0.020.324.77
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TuanChe ADR. Your research has to be compared to or analyzed against TuanChe ADR's peers to derive any actionable benefits. When done correctly, TuanChe ADR's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in TuanChe ADR.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards TuanChe ADR in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, TuanChe ADR's short interest history, or implied volatility extrapolated from TuanChe ADR options trading.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Business Services Idea
Business Services
Invested few shares
Hedge Favorites Idea
Hedge Favorites
Invested few shares
Driverless Cars Idea
Driverless Cars
Invested few shares
Artificial Intelligence Idea
Artificial Intelligence
Invested few shares
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 interest. 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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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
(1.09)
Revenue Per Share
9.173
Quarterly Revenue Growth
(0.43)
Return On Assets
(0.19)
Return On Equity
(1.07)
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.