TuanChe Stock Market Value


USD 2.40  0.02  0.84%   

TuanChe's market value is the price at which a share of TuanChe stock trades on a public exchange. It measures the collective expectations of TuanChe Limited investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of TuanChe Limited and determine expected loss or profit from investing in TuanChe over a given investment horizon. Additionally, take a look at TuanChe Hype Analysis, TuanChe Correlation, TuanChe Valuation, TuanChe Volatility, as well as analyze TuanChe Alpha and Beta and TuanChe Performance.

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.
Market Capitalization
48.2 M
Quarterly Revenue Growth YOY
Return On Assets
Return On Equity
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.

TuanChe 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to TuanChe's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of TuanChe.
No Change 0.00  0.0 
In 2 months and 1 day
If you would invest  0.00  in TuanChe on June 15, 2022 and sell it all today you would earn a total of 0.00 from holding TuanChe Limited or generate 0.0% return on investment in TuanChe over 60 days. TuanChe is related to or competes with Alphabet, Baidu Inc, and Velodyne Lidar. TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in ChinaMore

TuanChe Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure TuanChe's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess TuanChe Limited upside and downside potential and time the market with a certain degree of confidence.

TuanChe Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for TuanChe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TuanChe's standard deviation. In reality, there are many statistical measures that can use TuanChe historical prices to predict the future TuanChe's volatility.
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.
LowEstimated ValueHigh
LowReal ValueHigh
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 Limited Backtested Returns

TuanChe appears to be abnormally volatile, given 3 months investment horizon. TuanChe Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0567, which indicates the firm had 0.0567% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for TuanChe Limited, which you can use to evaluate the future volatility of the company. Please review TuanChe's Semi Deviation of 5.7, coefficient of variation of 1837.4, and Risk Adjusted Performance of 0.0764 to confirm if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, TuanChe holds a performance score of 4. The entity has a beta of 0.3926, which indicates possible diversification benefits within a given portfolio. Let's try to break down what TuanChe's beta means in this case. As returns on the market increase, TuanChe returns are expected to increase less than the market. However, during the bear market, the loss on holding TuanChe will be expected to be smaller as well. Although it is vital to follow TuanChe Limited current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting TuanChe Limited technical indicators, you can presently evaluate if the expected return of 0.42% will be sustainable into the future. Please operates TuanChe value at risk, and the relationship between the jensen alpha and skewness to make a quick decision on whether TuanChe Limited existing price patterns will revert.



Poor predictability

TuanChe Limited has poor predictability. Overlapping area represents the amount of predictability between TuanChe time series from 15th of June 2022 to 15th of July 2022 and 15th of July 2022 to 14th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TuanChe Limited price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current TuanChe price fluctuation can be explain by its past prices.
Correlation Coefficient0.28
Spearman Rank Test0.05
Residual Average0.0
Price Variance0.06

TuanChe Limited lagged returns against current returns

Autocorrelation, which is TuanChe stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting TuanChe's stock expected returns. We can calculate the autocorrelation of TuanChe returns to help us make a trade decision. For example, suppose you find that TuanChe stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   

TuanChe regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If TuanChe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TuanChe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TuanChe stock over time.
   Current vs Lagged Prices   

TuanChe Lagged Returns

When evaluating TuanChe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TuanChe stock have on its future price. TuanChe autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, TuanChe autocorrelation shows the relationship between TuanChe stock current value and its past values and can show if there is a momentum factor associated with investing in TuanChe Limited.
   Regressed Prices   

TuanChe Investors Sentiment

The influence of TuanChe's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in TuanChe. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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.

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Additionally, take a look at TuanChe Hype Analysis, TuanChe Correlation, TuanChe Valuation, TuanChe Volatility, as well as analyze TuanChe Alpha and Beta and 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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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.
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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...