TuanChe Stock Forecast - Daily Balance Of Power

TC
 Stock
  

USD 3.58  0.51  16.61%   

TuanChe Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast TuanChe historical stock prices and determine the direction of TuanChe Limited's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of TuanChe historical fundamentals such as revenue growth or operating cash flow patterns.
Additionally, take a look at Historical Fundamental Analysis of TuanChe to cross-verify your projections.
  
TuanChe Limited has current Daily Balance Of Power of 0.8644.
Most investors in TuanChe cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the TuanChe's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets TuanChe's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of TuanChe Limited market sensitivity to bulls and bears. It estimates the ability of TuanChe buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring TuanChe Balance of Power indicator one can determine a trend of the price direction.
  Previous Daily Balance Of PowerDaily Balance Of PowerTrend
0.98310.8644
Check TuanChe VolatilityBacktest TuanCheInformation Ratio  

TuanChe Trading Date Momentum

On October 01 2022 TuanChe Limited was traded for  3.58  at the closing time. The highest price during the trading period was 3.58  and the lowest recorded bid was listed for  2.99 . The volume for the day was 98.2 K. This history from October 1, 2022 did not result in any price rise and fall. The trading price change to the current price is 16.20% .
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
Compare TuanChe to competition

Other Forecasting Options for TuanChe

For every potential investor in TuanChe, whether a beginner or expert, TuanChe's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. TuanChe Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in TuanChe. Basic forecasting techniques help filter out the noise by identifying TuanChe's price trends.

TuanChe Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with TuanChe stock to make a market-neutral strategy. Peer analysis of TuanChe could also be used in its relative valuation, which is a method of valuing TuanChe by comparing valuation metrics with similar companies.
Tencent HoldingsAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGx Nasdaq-100 CoveredFranklin Mutual EuropeanNatural Hlth TrdUSA Value FactorBetapro Canadian GoldAramark Holdings CorpLong-Term Govt BondMaiden Holdings NorthSeagate Technology HldgsVistra Energy CorpExxon Mobil Corp
 Risk & Return  Correlation

TuanChe Limited Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of TuanChe's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of TuanChe's current price.

TuanChe Market Strength Events

Market strength indicators help investors to evaluate how TuanChe stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading TuanChe shares will generate the highest return on investment. By undertsting and applying TuanChe stock market strength indicators, traders can identify TuanChe Limited entry and exit signals to maximize returns.

TuanChe Risk Indicators

The analysis of TuanChe's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in TuanChe's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting TuanChe stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 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's short interest history, or implied volatility extrapolated from TuanChe options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at Historical Fundamental Analysis of TuanChe to cross-verify your projections. Note that the TuanChe Limited information on this page should be used as a complementary analysis to other TuanChe'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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for TuanChe Stock analysis

When running TuanChe Limited price analysis, check to measure TuanChe'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 is operating at the current time. Most of TuanChe's value examination focuses on studying past and present price action to predict the probability of TuanChe's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move TuanChe's price. Additionally, you may evaluate how the addition of TuanChe to your portfolios can decrease your overall portfolio volatility.
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Go
Is TuanChe'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. 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 listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of TuanChe Limited 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's value that differs from its market value or its book value, called intrinsic value, which is TuanChe'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's market value can be influenced by many factors that don't directly affect TuanChe'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's value and its price as these two are different measures arrived at by different means. Investors typically determine TuanChe value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TuanChe'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.