TuanChe Stock Alpha and Beta Analysis

TC
 Stock
  

USD 2.11  0.16  8.21%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as TuanChe Limited. It also helps investors analyze the systematic and unsystematic risks associated with investing in TuanChe over a specified time horizon. Remember, high TuanChe's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Additionally, take a look at TuanChe Backtesting, TuanChe Valuation, TuanChe Correlation, TuanChe Hype Analysis, TuanChe Volatility, TuanChe History and analyze TuanChe Performance.
  
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Please note that although TuanChe alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, TuanChe did 0.039765  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of TuanChe Limited stock's relative risk over its benchmark. TuanChe Limited has a beta of 0.05  . Let's try to break down what TuanChe's beta means in this case. As returns on the market increase, returns on owning TuanChe are expected to decrease at a much lower rate. During the bear market, TuanChe is likely to outperform the market.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

TuanChe Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. TuanChe market risk premium is the additional return an investor will receive from holding TuanChe long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in TuanChe. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate TuanChe's performance over market.
α-0.04   β-0.05
90 days against DJI

TuanChe expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of TuanChe's Buy-and-hold return. Our buy-and-hold chart shows how TuanChe performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

TuanChe Market Price Analysis

Market price analysis 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 understating and applying TuanChe stock market price indicators, traders can identify TuanChe position entry and exit signals to maximize returns.

TuanChe Return and Market Media

The median price of TuanChe for the period between Mon, Mar 28, 2022 and Sun, Jun 26, 2022 is 2.22 with a coefficient of variation of 5.92. The daily time series for the period is distributed with a sample standard deviation of 0.13, arithmetic mean of 2.23, and mean deviation of 0.11. The Stock received some media coverage during the period.
 Price Growth (%)  
      Timeline 
1
Nomura Asset Management Co. Ltd. Trims Stock Position in Eve...04/11/2022
2
O2Micro International Set to Announce Quarterly Earnings on ...04/29/2022
3
TuanChe OLO Critical Comparison - Defense World05/06/2022

About TuanChe Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in TuanChe Limited has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.

TuanChe Upcoming Company Events

As portrayed in its financial statements, the presentation of TuanChe's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, TuanChe's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of TuanChe's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of TuanChe. Please utilize our Beneish M Score to check the likelihood of TuanChe's management manipulating its earnings.
Upcoming Quarterly Report18th of February 2016
Next Financial Report4th of May 2016
Next Fiscal Quarter End31st of December 2015
Next Fiscal Year End18th of February 2016
Last Quarter Report30th of September 2015
Last Financial Announcement31st of December 2014

Build Portfolio with TuanChe

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, take a look at TuanChe Backtesting, TuanChe Valuation, TuanChe Correlation, TuanChe Hype Analysis, TuanChe Volatility, TuanChe History and analyze 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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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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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TuanChe technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of TuanChe technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of TuanChe trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...