Performance analysis of Tencent Music Entertainment Group (TME)
Annual Return
Over the past 3 years, TME has had an average annual return of +8.44%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, TME has had an average annual return of -9.07%, underperforming the benchmark SPY, which returned +13.88% annual.
Since Dec 12, 2018, TME has had an average annual return of -4.94%, underperforming the benchmark SPY, which returned +16.77% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -46.50% | +56.39% | +27.16% | +8.83% | +20.87% | -64.40% | +63.88% | -11.19% | -5.57% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.28% | -12.99% | -36.44% | +1.39% | +0.55% | -0.87% | -46.50% | ||||||
| 2025 | +5.55% | +1.76% | +18.20% | -5.70% | +25.48% | +15.74% | +7.70% | +16.82% | -4.81% | -4.37% | -17.34% | -4.99% | +56.39% |
| 2024 | +4.32% | +11.39% | +6.87% | +12.15% | +16.23% | -2.76% | +0.93% | -26.38% | +15.42% | -7.64% | +2.52% | -0.52% | +27.16% |
| 2023 | +1.34% | -10.13% | +9.80% | -10.50% | -6.35% | +6.33% | -5.27% | -2.44% | -6.45% | +13.80% | +17.22% | +5.87% | +8.83% |
| 2022 | -9.79% | -12.78% | -9.64% | -12.73% | -1.65% | +20.09% | -16.15% | +21.38% | -20.55% | -11.07% | +94.15% | +18.11% | +20.87% |
| 2021 | +38.25% | -3.31% | -20.33% | -14.98% | -9.64% | -1.65% | -31.72% | -16.37% | -17.98% | +8.40% | -8.51% | -4.73% | -64.40% |
| 2020 | +8.08% | -4.41% | -17.06% | +13.41% | +13.24% | +4.17% | +19.92% | -3.17% | -5.50% | +0.75% | +12.63% | +14.80% | +63.88% |
| 2019 | +13.09% | +20.53% | +0.45% | -4.97% | -23.03% | +13.22% | -4.80% | -6.80% | -3.99% | +8.39% | -10.19% | -5.55% | -11.19% |
| 2018 | -5.57% | -5.57% |
Drawdown analysis of Tencent Music Entertainment Group (TME)
The maximum drawdown for the TME was -90.18%, occurring on Mar 14, 2022. This drawdown has not yet recovered.
The current TME drawdown is -69.84%.
Since Dec 12, 2018 TME has experienced the following drawdowns:
- 50% or more: 2 times
- 40% or more: 2 times
- 30% or more: 2 times
- 20% or more: 2 times
- 10% or more: 5 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -90.18% | Mar 23, 2021 | 246 | Mar 14, 2022 | Ongoing | Ongoing | Ongoing |
| -50.55% | Mar 18, 2019 | 256 | Mar 23, 2020 | 196 | Dec 30, 2020 | 452 |
| -14.29% | Dec 12, 2018 | 8 | Dec 24, 2018 | 17 | Jan 18, 2019 | 25 |
| -12.38% | Jan 24, 2019 | 6 | Feb 1, 2019 | 7 | Feb 12, 2019 | 13 |
| -12.12% | Feb 16, 2021 | 4 | Feb 22, 2021 | 18 | Mar 18, 2021 | 22 |
| -8.79% | Feb 2, 2021 | 2 | Feb 4, 2021 | 7 | Feb 16, 2021 | 9 |
| -8.69% | Feb 25, 2019 | 9 | Mar 8, 2019 | 6 | Mar 18, 2019 | 15 |
| -4.83% | Feb 14, 2019 | 1 | Feb 15, 2019 | 1 | Feb 19, 2019 | 2 |
| -3.16% | Jan 19, 2021 | 2 | Jan 21, 2021 | 1 | Jan 22, 2021 | 3 |
| -2.24% | Jan 25, 2021 | 4 | Jan 29, 2021 | 2 | Feb 2, 2021 | 6 |
| -1.67% | Jan 6, 2021 | 1 | Jan 7, 2021 | 1 | Jan 8, 2021 | 2 |
| -1.63% | Feb 20, 2019 | 1 | Feb 21, 2019 | 1 | Feb 22, 2019 | 2 |
| -1.45% | Jan 12, 2021 | 1 | Jan 13, 2021 | 1 | Jan 14, 2021 | 2 |
| -0.87% | Feb 12, 2019 | 1 | Feb 13, 2019 | 1 | Feb 14, 2019 | 2 |
| -0.33% | Jan 8, 2021 | 1 | Jan 11, 2021 | 1 | Jan 12, 2021 | 2 |