Tencent Music (Germany) Technical Analysis
| 63TA Stock | EUR 15.30 0.90 5.56% |
As of the 21st of November, Tencent Music has the Risk Adjusted Performance of (0.11), coefficient of variation of (592.63), and Variance of 5.44. Tencent Music technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. Please validate Tencent Music Entert standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and treynor ratio to decide if Tencent Music is priced more or less accurately, providing market reflects its prevalent price of 15.3 per share.
Tencent Music Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Tencent, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TencentTencent |
Tencent Music 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.
Tencent Music Entert Technical Analysis
Indicator |
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Tencent Music Entert volatility developed by Welles Wilder.
Tencent Music Entert Trend Analysis
Use this graph to draw trend lines for Tencent Music Entertainment. You can use it to identify possible trend reversals for Tencent Music as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Tencent Music price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Tencent Music Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Tencent Music Entertainment applied against its price change over selected period. The best fit line has a slop of 0.07 , which may suggest that Tencent Music Entertainment market price will keep on failing further. It has 122 observation points and a regression sum of squares at 212.36, which is the sum of squared deviations for the predicted Tencent Music price change compared to its average price change.About Tencent Music Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Tencent Music Entertainment on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Tencent Music Entertainment based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Tencent Music Entert price pattern first instead of the macroeconomic environment surrounding Tencent Music Entert. By analyzing Tencent Music's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Tencent Music's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Tencent Music specific price patterns or momentum indicators. Please read more on our technical analysis page.
Tencent Music November 21, 2025 Technical Indicators
Most technical analysis of Tencent help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Tencent from various momentum indicators to cycle indicators. When you analyze Tencent charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.11) | |||
| Market Risk Adjusted Performance | (0.51) | |||
| Mean Deviation | 1.74 | |||
| Coefficient Of Variation | (592.63) | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.44 | |||
| Information Ratio | (0.19) | |||
| Jensen Alpha | (0.44) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (0.52) | |||
| Maximum Drawdown | 13.69 | |||
| Value At Risk | (4.85) | |||
| Potential Upside | 2.88 | |||
| Skewness | (0.69) | |||
| Kurtosis | 1.49 |
Tencent Music November 21, 2025 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Tencent stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 100.60 | ||
| Daily Balance Of Power | (0.64) | ||
| Rate Of Daily Change | 0.94 | ||
| Day Median Price | 16.00 | ||
| Day Typical Price | 15.77 | ||
| Price Action Indicator | (1.15) | ||
| Market Facilitation Index | 0 |
Complementary Tools for Tencent Stock analysis
When running Tencent Music's price analysis, check to measure Tencent Music'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 Tencent Music is operating at the current time. Most of Tencent Music's value examination focuses on studying past and present price action to predict the probability of Tencent Music's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tencent Music's price. Additionally, you may evaluate how the addition of Tencent Music to your portfolios can decrease your overall portfolio volatility.
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