TuanChe Stock Odds of Future Stock Price Finishing Under 0.0232

TC
 Stock
  

USD 3.58  0.51  16.61%   

TuanChe's future price is the expected price of TuanChe instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of TuanChe Limited performance during a given time horizon utilizing its historical volatility.
  
Additionally, take a look at TuanChe Backtesting, TuanChe Valuation, TuanChe Correlation, TuanChe Hype Analysis, TuanChe Volatility, TuanChe History as well as TuanChe Performance. Please specify TuanChe time horizon, a valid symbol (red box) and a target price (blue box) you would like TuanChe odds to be computed.

TuanChe Target Price Odds to finish below 0.0232

The tendency of TuanChe Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 0.0232  or more in 90 days
 3.58 90 days 0.0232 
near 1
Based on a normal probability distribution, the odds of TuanChe to drop to $ 0.0232  or more in 90 days from now is near 1 (This TuanChe Limited probability density function shows the probability of TuanChe Stock to fall within a particular range of prices over 90 days) . Probability of TuanChe Limited price to stay between $ 0.0232  and its current price of $3.58 at the end of the 90-day period is close to 99 .
Allowing for the 90-day total investment horizon TuanChe Limited has a beta of -0.37. This usually implies as returns on benchmark increase, returns on holding TuanChe are expected to decrease at a much lower rate. During the bear market, however, TuanChe Limited is likely to outperform the market. Moreover The company has an alpha of 1.1502, implying that it can generate a 1.15 percent excess return over DOW after adjusting for the inherited market risk (beta).
   TuanChe Price Density   
       Price  

Predictive Modules for TuanChe

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as TuanChe Limited. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of TuanChe'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 in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.183.5812.34
Details
Intrinsic
Valuation
LowReal ValueHigh
0.071.4610.22
Details
Naive
Forecast
LowNext ValueHigh
0.083.8712.63
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.042.743.44
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as TuanChe. Your research has to be compared to or analyzed against TuanChe's peers to derive any actionable benefits. When done correctly, TuanChe's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in TuanChe Limited.

TuanChe Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. TuanChe is not an exception. The market had few large corrections towards the TuanChe's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold TuanChe Limited, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of TuanChe within the framework of very fundamental risk indicators.
α
Alpha over DOW
1.15
β
Beta against DOW-0.37
σ
Overall volatility
0.42
Ir
Information ratio 0.15

TuanChe Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of TuanChe for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for TuanChe Limited can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
TuanChe Limited is way too risky over 90 days horizon
TuanChe Limited appears to be risky and price may revert if volatility continues
The company generated the yearly revenue of 357.55 M. Annual Net Loss to common stockholders was (101.94 M) with gross profit of 272.26 M.
TuanChe Limited reports about 71.1 M in cash with (92.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.77, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 35.0% of the company outstanding shares are owned by corporate insiders

TuanChe Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of TuanChe Stock often depends not only on the future outlook of the current and potential TuanChe's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. TuanChe's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out0.02%
Float Shares5.25M
Shares Short Prior Month7.74k
Average Daily Volume Last 10 Day123.67k
Average Daily Volume In Three Month39.41k
Date Short Interest15th of July 2022

TuanChe Technical Analysis

TuanChe's future price can be derived by breaking down and analyzing its technical indicators over time. TuanChe Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of TuanChe Limited. In general, you should focus on analyzing TuanChe Stock price patterns and their correlations with different microeconomic environments and drivers.

TuanChe Predictive Forecast Models

TuanChe time-series forecasting models is one of many TuanChe'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 TuanChe'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 stock market movement and maximize returns from investment trading.

Things to note about TuanChe Limited

Checking the ongoing alerts about TuanChe for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for TuanChe Limited help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
TuanChe Limited is way too risky over 90 days horizon
TuanChe Limited appears to be risky and price may revert if volatility continues
The company generated the yearly revenue of 357.55 M. Annual Net Loss to common stockholders was (101.94 M) with gross profit of 272.26 M.
TuanChe Limited reports about 71.1 M in cash with (92.25 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.77, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Roughly 35.0% of the company outstanding shares are owned by corporate insiders
Additionally, take a look at TuanChe Backtesting, TuanChe Valuation, TuanChe Correlation, TuanChe Hype Analysis, TuanChe Volatility, TuanChe History as well as TuanChe Performance. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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.
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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.