True Public (Thailand) Performance

TRUE Stock  THB 7.70  0.30  3.75%   
On a scale of 0 to 100, True Public holds a performance score of 25. The entity has a beta of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, True Public's returns are expected to increase less than the market. However, during the bear market, the loss of holding True Public is expected to be smaller as well. Please check True Public's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether True Public's existing price patterns will revert.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in True Public are ranked lower than 25 (%) of all global equities and portfolios over the last 90 days. Despite quite weak basic indicators, True Public disclosed solid returns over the last few months and may actually be approaching a breakup point. ...more
Begin Period Cash Flow24.3 B
Total Cashflows From Investing Activities-56.8 B
Free Cash Flow-23.4 B
  

True Public Relative Risk vs. Return Landscape

If you would invest  520.00  in True Public on December 29, 2023 and sell it today you would earn a total of  275.00  from holding True Public or generate 52.88% return on investment over 90 days. True Public is generating 0.7095% of daily returns and assumes 2.1695% volatility on return distribution over the 90 days horizon. Simply put, 19% of stocks are less volatile than True, and 87% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days trading horizon True Public is expected to generate 3.81 times more return on investment than the market. However, the company is 3.81 times more volatile than its market benchmark. It trades about 0.33 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.24 per unit of risk.

True Public Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for True Public's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as True Public, and traders can use it to determine the average amount a True Public's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.327

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Estimated Market Risk

 2.17
  actual daily
19
81% of assets are more volatile

Expected Return

 0.71
  actual daily
13
87% of assets have higher returns

Risk-Adjusted Return

 0.33
  actual daily
25
75% of assets perform better
Based on monthly moving average True Public is performing at about 25% 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 Fundamentals Growth

True Stock prices reflect investors' perceptions of the future prospects and financial health of True Public, and True Public fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on True Stock performance.

About True Public Performance

To evaluate True Public Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when True Public generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare True Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand True Public market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents True's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about True Public performance evaluation

Checking the ongoing alerts about True Public for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for True Public help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
The company has accumulated 192.2 B in total debt with debt to equity ratio (D/E) of 4.53, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. True Public has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist True Public until it has trouble settling it off, either with new capital or with free cash flow. So, True Public's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like True Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for True to invest in growth at high rates of return. When we think about True Public's use of debt, we should always consider it together with cash and equity.
The entity reported the revenue of 143.66 B. Net Loss for the year was (1.43 B) with profit before overhead, payroll, taxes, and interest of 38.18 B.
About 37.0% of True Public outstanding shares are owned by corporate insiders
Evaluating True Public's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate True Public's stock performance include:
  • Analyzing True Public's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether True Public's stock is overvalued or undervalued compared to its peers.
  • Examining True Public's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating True Public's management team can have a significant impact on its success or failure. Reviewing the track record and experience of True Public's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of True Public's stock. These opinions can provide insight into True Public's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating True Public's stock performance is not an exact science, and many factors can impact True Public's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Please note, there is a significant difference between True Public's value and its price as these two are different measures arrived at by different means. Investors typically determine if True Public is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, True Public's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.