True Public (Thailand) Today

TRUE Stock  THB 7.70  0.30  3.75%   

Performance

22 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 32

 
100  
 
Zero
Below Average
True Public is selling for 7.70 as of the 29th of March 2024. This is a -3.75 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 7.7. True Public has about a 32 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for True Public are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of April 2022 and ending today, the 29th of March 2024. Click here to learn more.
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. The company has 33.37 B outstanding shares. More on True Public

Moving together with True Stock

  0.84SCB SCB X PublicPairCorr

Moving against True Stock

  0.8BBL Bangkok Bank PublicPairCorr
  0.73KTB-R Krung Thai BankPairCorr
  0.7KTB Krung Thai BankPairCorr
  0.58KBANK-R Kasikornbank PublicPairCorr
  0.57KBANK Kasikornbank PublicPairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

True Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. True Public's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding True Public or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOWilliam Harris
Business ConcentrationCommunication Services, Diversified Telecommunication Services, Telecom Services, Communication Services (View all Sectors)
True Public (TRUE) is traded on Thailand Exchange in Thailand and employs 49 people. The company currently falls under 'Mega-Cap' category with a current market capitalization of 166.84 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate True Public's market, we take the total number of its shares issued and multiply it by True Public's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. True Public operates under Diversified Telecommunication Services sector and is part of Communication Services industry. The entity has 33.37 B outstanding shares. True Public has accumulated about 25.72 B in cash with 35.46 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.77.
Check True Public Probability Of Bankruptcy
Ownership Allocation
True Public shows a total of 33.37 Billion outstanding shares. True Public maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check True Ownership Details

True Stock Price Odds Analysis

Proceeding from a normal probability distribution, the odds of True Public jumping above the current price in 90 days from now is about 10.88%. The True Public probability density function shows the probability of True Public stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon True Public has a beta of -0.5144. This usually implies as returns on benchmark increase, returns on holding True Public are expected to decrease at a much lower rate. During the bear market, however, True Public is likely to outperform the market. Additionally, true Public has an alpha of 0.7035, implying that it can generate a 0.7 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 7.7HorizonTargetOdds Above 7.7
89.07%90 days
 7.70 
10.88%
Based on a normal probability distribution, the odds of True Public to move above the current price in 90 days from now is about 10.88 (This True Public probability density function shows the probability of True Stock to fall within a particular range of prices over 90 days) .

True Public Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. True Public market risk premium is the additional return an investor will receive from holding True Public long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in True Public. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although True Public's alpha and beta are two of the key measurements used to evaluate True Public's performance over the market, the standard measures of volatility play an important role as well.

True Stock Against Markets

Picking the right benchmark for True Public stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in True Public stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for True Public is critical whether you are bullish or bearish towards True Public at a given time. Please also check how True Public's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in True Public without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Performance Analysis

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True Public Corporate Directors

True Public corporate directors refer to members of a True Public board of directors. The board of directors generally takes responsibility for the True Public's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of True Public's board members must vote for the resolution. The True Public board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Soopakij ChearavanontDirectorProfile
Woraphat TothanakasemDirectorProfile
Umroong SanphasitvongDirectorProfile
Anat MekpaiboonvatanaSenior Group Managing Director - Regional ManagementProfile

How to buy True Stock?

Before investing in True Public, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in True Public. To buy True Public stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of True Public. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase True Public stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located True Public stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased True Public stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as True Public, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in True Public?

The danger of trading True Public is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of True Public is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than True Public. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile True Public is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.

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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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.