TRC Construction (Thailand) Market Value
| TRC Stock | THB 0.51 0.03 5.56% |
| Symbol | TRC |
TRC Construction 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to TRC Construction's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of TRC Construction.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in TRC Construction on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding TRC Construction Public or generate 0.0% return on investment in TRC Construction over 90 days. TRC Construction is related to or competes with Tata Steel, TTCL Public, Thaire Life, Thaifoods Group, and TMT Steel. TRC Construction Public Company Limited provides construction services in Thailand More
TRC Construction Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure TRC Construction's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess TRC Construction Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 29.58 | |||
| Value At Risk | (8.70) | |||
| Potential Upside | 7.55 |
TRC Construction Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRC Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRC Construction's standard deviation. In reality, there are many statistical measures that can use TRC Construction historical prices to predict the future TRC Construction's volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (1.08) | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | (1.55) |
TRC Construction Public Backtested Returns
TRC Construction Public retains Efficiency (Sharpe Ratio) of -0.32, which indicates the firm had a -0.32 % return per unit of volatility over the last 3 months. TRC Construction exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate TRC Construction's standard deviation of 4.98, and Risk Adjusted Performance of (0.19) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.75, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TRC Construction's returns are expected to increase less than the market. However, during the bear market, the loss of holding TRC Construction is expected to be smaller as well. At this point, TRC Construction Public has a negative expected return of -1.47%. Please make sure to validate TRC Construction's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if TRC Construction Public performance from the past will be repeated at future time.
Auto-correlation | 0.77 |
Good predictability
TRC Construction Public has good predictability. Overlapping area represents the amount of predictability between TRC Construction time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TRC Construction Public price movement. The serial correlation of 0.77 indicates that around 77.0% of current TRC Construction price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
TRC Construction Public lagged returns against current returns
Autocorrelation, which is TRC Construction stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting TRC Construction's stock expected returns. We can calculate the autocorrelation of TRC Construction returns to help us make a trade decision. For example, suppose you find that TRC Construction has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
TRC Construction regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If TRC Construction stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TRC Construction stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TRC Construction stock over time.
Current vs Lagged Prices |
| Timeline |
TRC Construction Lagged Returns
When evaluating TRC Construction's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TRC Construction stock have on its future price. TRC Construction autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, TRC Construction autocorrelation shows the relationship between TRC Construction stock current value and its past values and can show if there is a momentum factor associated with investing in TRC Construction Public.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in TRC Stock
TRC Construction financial ratios help investors to determine whether TRC 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 TRC with respect to the benefits of owning TRC Construction security.