Price in deferred time of 15 minutes
|
Last quote
10/23/2024 -
16:15:00
|
Bid
10/23/2024 -
16:00:00
|
Bid Volume |
Ask
10/23/2024 -
16:00:00
|
Ask Volume |
|---|---|---|---|---|
|
11.59
-0.21
(
-1.78% )
|
11.59
|
47,300 |
11.60
|
30,000 |
Analysis date: 18.10.2024
Global Evaluation
Slightly positive
Slightly positive
The stock is classified in the slightly positive zone since 01.10.2024.
Interest
Very strong
Very strong
Very strong interest since 01.10.2024.
Earnings Rev Trend
Positive
Positive
Compared to seven weeks ago, the analysts have raised their earnings per share estimates. This positive trend began 01.10.2024 at a price of 12.75.
Evaluation
Undervalued
Undervalued
Based on its growth potential and our own criteria, at its current price the stock is moderately undervalued.
MT Tech Trend
Neutral
Neutral
The stock is currently trading close to its forty day moving average (changes between +1.75% and -1.75% are considered neutral). Prior to this (since 24.09.2024), the stock traded above its moving average. The confirmed Technical Reverse point (Tech Reverse - 1.75%) is 11.742.
4wk Rel Perf
21.20%
21.20%
The four week relative overperformance versus SP500 is 21.20%.
Sensibility
Middle
Middle
The stock has been on the moderate-sensitivity level since 19.04.2024.
Bear Market Factor
Middle
Middle
On average, the stock is likely to decline with the index.
Bad News Factor
Low
Low
When the stock's pressure is specific, the market sanction on average is 3.67%.
Mkt Cap in $bn
20.47
20.47
With a market capitalization >$8bn, TENCENT MUSIC is considered a large-cap stock.
G/PE Ratio
1.23
1.23
A ratio (Forecasted Growth + Estimated Dividend Yield/ Estimated Price Earnings) higher than 0.9 indicates that the stock's price presents a discount to growth of
LT P/E
14.19
14.19
The estimated PE is for the year 2026.
LT Growth
17.28%
17.28%
The annualized growth estimate is for the current year to 2026.
Avg. Nb analysts
25
25
Over the last seven weeks, an average of 25 analysts provided earnings per share estimates.
Dividend Yield
0.18%
0.18%
The twelve month estimated dividend yield represents 2.59% of earnings forecasts.
Beta
101
101
For 1% of index variation, the stock varies on average by 1.01%.
Correlation
0.23
0.23
Stock movements are strongly independent of index variations.
Value at Risk
1.73
1.73
The value at risk is estimated at USD 1.73. The risk is therefore 14.59%. This value is based on the historical volatility for a medium time period (1 month) with a confidence of 95%.
First Analysis Date
29.03.2019
29.03.2019