True Public (Thailand) Price on March 12, 2020
| TRUE Stock | THB 7.75 0.10 1.31% |
If you're considering investing in True Stock, it is important to understand the factors that can impact its price. As of today, the current price of True Public stands at 7.75, as last reported on the 23rd of April, with the highest price reaching 7.80 and the lowest price hitting 7.70 during the day. True Public appears to be somewhat reliable, given 3 months investment horizon. True Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for True Public, which you can use to evaluate the volatility of the company. Please review True Public's Semi Deviation of 0.9457, risk adjusted performance of 0.1878, and Coefficient Of Variation of 341.13 to confirm if our risk estimates are consistent with your expectations.
True Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
True |
Sharpe Ratio = 0.2265
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| Small Returns | TRUE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.23 actual daily | 17 83% of assets perform better |
Based on monthly moving average True Public is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of True Public by adding it to a well-diversified portfolio.
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.
About True Public Stock history
True Public investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for True is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in True Public will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing True Public stock prices may prove useful in developing a viable investing in True Public
True Corporation Public Company Limited, together with its subsidiaries, engages in the telecommunications and diversified communications industries in Thailand. True Corporation Public Company Limited was incorporated in 1990 and is headquartered in Bangkok, Thailand. TRUE CORPORATION operates under Telecom Services classification in Thailand and is traded on Stock Exchange of Thailand.
True Public Stock Technical Analysis
True Public 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.
Price Boundaries
True Public Period Price Range
True Public April 23, 2024 Market Strength
Market strength indicators help investors to evaluate how True Public stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading True Public shares will generate the highest return on investment. By undertsting and applying True Public stock market strength indicators, traders can identify True Public entry and exit signals to maximize returns
| Accumulation Distribution | 763462.0 | |||
| Daily Balance Of Power | 1.0 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 7.75 | |||
| Day Typical Price | 7.75 | |||
| Price Action Indicator | 0.05 | |||
| Period Momentum Indicator | 0.1 |
True Public Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for True Public's price direction in advance. Along with the technical and fundamental analysis of True Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of True to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1878 | |||
| Jensen Alpha | 0.6354 | |||
| Total Risk Alpha | 0.3604 | |||
| Sortino Ratio | 0.3585 | |||
| Treynor Ratio | 3.44 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in True Public. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for True Stock analysis
When running True Public's price analysis, check to measure True Public'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 True Public is operating at the current time. Most of True Public's value examination focuses on studying past and present price action to predict the probability of True Public's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move True Public's price. Additionally, you may evaluate how the addition of True Public to your portfolios can decrease your overall portfolio volatility.
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