True Public (Thailand) Price on March 25, 2024
| TRUE Stock | THB 8.05 0.35 4.55% |
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 8.05, as last reported on the 3rd of May, with the highest price reaching 8.25 and the lowest price hitting 7.80 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 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for True Public, which you can use to evaluate the volatility of the company. Please review True Public's Semi Deviation of 1.12, risk adjusted performance of 0.1559, and Coefficient Of Variation of 432.27 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 = 0.213
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| Small Returns | TRUE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.3 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.49 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.21 actual daily | 16 84% of assets perform better |
Based on monthly moving average True Public is performing at about 16% 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.
True Public Valuation on March 25, 2024
It is possible to determine the worth of True Public on a given historical date. On March 25, 2024 True was worth 7.65 at the beginning of the trading date compared to the closed value of 7.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of True Public stock. Still, in general, we apply an absolute valuation method to find True Public's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of True Public where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against True Public's related companies.
| Open | High | Low | Close | Volume | |
| 8.05 | 8.10 | 7.90 | 7.95 | 41,230,000 | |
03/25/2024 | 7.65 | 7.90 | 7.65 | 7.80 | 90,440,000 |
| 7.85 | 8.00 | 7.80 | 7.95 | 29,710,000 |
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True Public Trading Date Momentum on March 25, 2024
| On March 26 2024 True Public was traded for 7.95 at the closing time. The highest price during the trading period was 8.00 and the lowest recorded bid was listed for 7.80 . The volume for the day was 29.7 M. This history from March 26, 2024 contributed to the next trading day price upswing. The trading price change to the next closing price was 1.92% . The trading price change to the current price is 1.28% . |
True Public Fundamentals Correlations and Trends
By evaluating True Public's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among True Public's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. True financial account trend analysis is a perfect complement when working with valuation or volatility modules.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
Low | March 25, 2024
| High |
7.65 | 7.80 |
True Public May 3, 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
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 | 0.1559 | |||
| Jensen Alpha | 0.5002 | |||
| Total Risk Alpha | 0.3438 | |||
| Sortino Ratio | 0.2878 | |||
| Treynor Ratio | (10.33) |
| 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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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