TuanChe ADR reports roughly 41.21
M in cash with (92.25
M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.17, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
The entity has a beta of -0.0501, which indicates not very significant fluctuations relative to the market. Let's try to break down what TuanChe's beta means in this case. As returns on the market increase, returns on owning TuanChe ADR are expected to decrease at a much lower rate. During the bear market, TuanChe ADR is likely to outperform the market. Even though it is essential to pay attention to
TuanChe ADR current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's
future performance is to check both, its past performance charts as well as the business as a whole, including all available
technical indicators. TuanChe ADR exposes twenty-one different technical indicators, which can help you to evaluate its performance.
TuanChe ADR has an expected return of -2.28%. Please be advised to validate TuanChe ADR
variance, as well as the
relationship between the value at risk and
skewness to decide if
TuanChe ADR performance from the past will be repeated at some point in the near future.
Investing in TuanChe ADR, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding TuanChe ADR along with other instruments in the same portfolio. Using conventional
technical analysis and
fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed
many market ups and downs, anticipate that 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.
Watch out for price decline
Please consider monitoring TuanChe ADR on a daily basis if you are holding a position in it. TuanChe ADR is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion.
Most exchanges require public instruments, such as TuanChe ADR stock to be traded above the $1 level to remain listed. If TuanChe ADR stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How important is TuanChe ADR's Liquidity
TuanChe ADR
financial leverage refers to using borrowed capital as a funding source to finance TuanChe ADR ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. TuanChe ADR financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Financial leverage can amplify the potential profits to TuanChe ADR's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if the firm cannot cover its debt costs. The degree of TuanChe ADR's financial leverage can be measured in several ways, including by ratios such as the debt-to-equity ratio (total debt / total equity), equity multiplier (total assets / total equity), or the debt ratio (total debt / total assets). Please check the
breakdown between TuanChe ADR's total debt and its cash.
TuanChe ADR Gross Profit
TuanChe ADR Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing TuanChe ADR previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show TuanChe ADR Gross Profit growth over the last 10 years. Please check TuanChe ADR's
gross profit and other
fundamental indicators for more details.
TuanChe ADR Correlation with Peers
Investors in TuanChe can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in TuanChe ADR. Diversification will allow for the same portfolio return with reduced risk. The correlation table of TuanChe ADR and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities TuanChe is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with
your current brokerage. Please check
volatility of TuanChe for more details
Is TuanChe ADR valued correctly by the market?
TuanChe ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had -0.19% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and
technical indicators. TuanChe ADR exposes twenty-one different
technical indicators, which can help you to evaluate volatility that cannot be
diversified away. Please be advised to validate TuanChe ADR
coefficient of variation of
(478.11), and Risk Adjusted Performance of
(0.17) to confirm the risk estimate we provide.
Analysis of TuanChe ADR
Latest variance is at 143.73.
As of the 16th of February 2023, TuanChe ADR has the
coefficient of variation of
(478.11), and Risk Adjusted Performance of
(0.17). In relation to
fundamental indicators, the
technical analysis model makes it possible for you to check existing technical drivers of TuanChe ADR, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down nineteen
technical drivers for TuanChe ADR, which can be compared to its competition. Please validate
TuanChe ADR variance, as well as the
relationship between the value at risk and
skewness to decide if TuanChe ADR is priced more or less accurately, providing market reflects its prevalent price of 0.71 per share. As
TuanChe ADR is a penny stock we also advise to double-check its
total risk alpha numbers.
Our Takeaway on TuanChe ADR Investment
Although some other entities in the internet content & information industry are either recovering or due for a correction, TuanChe ADR may not be performing as strong as the other in terms of long-term growth potentials. With a less-than optimistic outlook for your 90 days horizon, it may be a good time to exit some or all of your TuanChe ADR holdings as it seems the potential growth was already fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to TuanChe ADR.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectEditorial Staff
Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of TuanChe ADR. Please refer to our
Terms of Use for any information regarding our disclosure principles.
Would you like to provide feedback on the content of this article?
You can get in touch with us directly or send us a quick note via email to
[email protected]