Tanke Incorporated Stock Market Value
| TNKE Stock | USD 0.0001 0.00 0.000003% |
| Symbol | Tanke |
Is Industrial Machinery & Supplies & Components space 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 Tanke Incorporated. If investors know Tanke 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 Tanke Incorporated listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.04) | Revenue Per Share 3.461 | Quarterly Revenue Growth (0.20) |
The market value of Tanke Incorporated is measured differently than its book value, which is the value of Tanke that is recorded on the company's balance sheet. Investors also form their own opinion of Tanke Incorporated's value that differs from its market value or its book value, called intrinsic value, which is Tanke Incorporated'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 Tanke Incorporated's market value can be influenced by many factors that don't directly affect Tanke Incorporated'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 Tanke Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tanke Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tanke Incorporated'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.
Tanke Incorporated '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 Tanke Incorporated'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 Tanke Incorporated.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Tanke Incorporated on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Tanke Incorporated or generate 0.0% return on investment in Tanke Incorporated over 90 days. Tanke, Inc., through its subsidiaries, develops and markets environmental and water technologies More
Tanke Incorporated 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 Tanke Incorporated'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 Tanke Incorporated upside and downside potential and time the market with a certain degree of confidence.
Tanke Incorporated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tanke Incorporated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tanke Incorporated's standard deviation. In reality, there are many statistical measures that can use Tanke Incorporated historical prices to predict the future Tanke Incorporated's volatility.Tanke Incorporated Backtested Returns
Tanke Incorporated is out of control given 3 months investment horizon. Tanke Incorporated owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11 % return per unit of risk over the last 3 months. We were able to collect data for four different technical indicators, which can help you to evaluate if expected returns of 14.29% are justified by taking the suggested risk. Use Tanke Incorporated Day Typical Price of 1.0E-4, day median price of 1.0E-4, and Daily Balance Of Power of (9,223,372,036,855) to evaluate company specific risk that cannot be diversified away. Tanke Incorporated holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Tanke Incorporated are completely uncorrelated. Use Tanke Incorporated day typical price , to analyze future returns on Tanke Incorporated.
Auto-correlation | -0.01 |
Very weak reverse predictability
Tanke Incorporated has very weak reverse predictability. Overlapping area represents the amount of predictability between Tanke Incorporated time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Tanke Incorporated price movement. The serial correlation of -0.01 indicates that just 1.0% of current Tanke Incorporated price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Tanke Incorporated lagged returns against current returns
Autocorrelation, which is Tanke Incorporated 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 Tanke Incorporated's stock expected returns. We can calculate the autocorrelation of Tanke Incorporated returns to help us make a trade decision. For example, suppose you find that Tanke Incorporated 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Tanke Incorporated 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 Tanke Incorporated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tanke Incorporated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tanke Incorporated stock over time.
Current vs Lagged Prices |
| Timeline |
Tanke Incorporated Lagged Returns
When evaluating Tanke Incorporated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tanke Incorporated stock have on its future price. Tanke Incorporated 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, Tanke Incorporated autocorrelation shows the relationship between Tanke Incorporated stock current value and its past values and can show if there is a momentum factor associated with investing in Tanke Incorporated.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Tanke Incorporated is a strong investment it is important to analyze Tanke Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tanke Incorporated's future performance. For an informed investment choice regarding Tanke Stock, refer to the following important reports:Check out Tanke Incorporated Correlation, Tanke Incorporated Volatility and Tanke Incorporated Alpha and Beta module to complement your research on Tanke Incorporated. For information on how to trade Tanke Stock refer to our How to Trade Tanke Stock guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Tanke Incorporated 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.