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TME TENCENT MUSIC ENTERTAINMENT GROUP StockScouter® Report

9

StockScouter® Score

TENCENT MUSIC ENTERTAINMENT GROUP, a mid cap growth company in the technology sector, is expected to outperform the market over the next six months with slightly less than average risk

10 is the best possible rating. Learn more.

Summary

Positives

  • The multi-period measure of relative price change and consistency is well above average. Positive
  • The enterprise value-to-sales ratio is lower than the average for comparably-sized companies in the StockScouter universe. Positive
  • Moving average analysis for TME suggests upward price movement over the medium term. Positive

 

Concerns

  • Short-term relative price momentum exhibits meaningful weakness. Negative

 

Short-term Outlook

Over the next 1-2 months, StockScouter forecasts that mid cap stocks will be neutral, growth stocks will be in favor, and technology stocks will be neutral.

Expected Risk/Return

Progress: 40% done.
Progress: 100% done.
Low
High

Core Model Grades

C
C
B
A

Previous Ratings

6
6
6

 

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