True Public (Thailand) Price on October 28, 2024
| TRUE Stock | THB 11.80 0.30 2.48% |
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 11.80, as last reported on the 11th of December 2024, with the highest price reaching 12.00 and the lowest price hitting 11.80 during the day. True Public appears to be not too volatile, given 3 months investment horizon. True Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% 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 Coefficient Of Variation of 815.61, semi deviation of 1.26, and Risk Adjusted Performance of 0.0946 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 = 0.1269
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| Small Returns | TRUE | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.75 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 9 91% of assets perform better |
Based on monthly moving average True Public is performing at about 9% 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 October 28, 2024
It is possible to determine the worth of True Public on a given historical date. On October 28, 2024 True was worth 12.3 at the beginning of the trading date compared to the closed value of 11.9. 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 | |
| 11.80 | 11.80 | 11.80 | 11.80 | 1.00 | |
10/28/2024 | 12.30 | 12.40 | 11.90 | 11.90 | 156,021,609 |
| 11.90 | 11.90 | 11.90 | 11.90 | 1.00 |
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True Public Trading Date Momentum on October 28, 2024
| On October 29 2024 True Public was traded for 11.90 at the closing time. The highest price during the trading period was 11.90 and the lowest recorded bid was listed for 11.90 . There was no trading activity during the period 1.0. Lack of trading volume on October 29, 2024 did not result in any price rise and fall. The trading price change to the current price is 2.52% . |
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 | December 11, 2024
| High |
0.00 | 0.00 |
True Public cannot be verified against its exchange. Please verify the symbol is currently traded on Thailand Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
True Public December 11, 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 | 0.0946 | |||
| Jensen Alpha | 0.2224 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0398 | |||
| Treynor Ratio | (2.39) |
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| Volume Indicators |
Other Information on Investing in True Stock
True Public financial ratios help investors to determine whether True Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in True with respect to the benefits of owning True Public security.