TRC Construction (Thailand) Market Value

TRC Stock  THB 0.51  0.03  5.56%   
TRC Construction's market value is the price at which a share of TRC Construction trades on a public exchange. It measures the collective expectations of TRC Construction Public investors about its performance. TRC Construction is selling for 0.51 as of the 16th of March 2025. This is a 5.56 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 0.5.
With this module, you can estimate the performance of a buy and hold strategy of TRC Construction Public and determine expected loss or profit from investing in TRC Construction over a given investment horizon. Check out TRC Construction Correlation, TRC Construction Volatility and TRC Construction Alpha and Beta module to complement your research on TRC Construction.
Symbol

Please note, there is a significant difference between TRC Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if TRC Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, TRC Construction'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.

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.
0.00
12/16/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/16/2025
0.00
If you would invest  0.00  in TRC Construction on December 16, 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.

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.
Hype
Prediction
LowEstimatedHigh
0.030.515.03
Details
Intrinsic
Valuation
LowRealHigh
0.020.495.01
Details
Naive
Forecast
LowNextHigh
0.010.575.09
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.470.871.27
Details

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 risk adjusted performance of (0.19), and Standard Deviation of 4.98 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

    
  0.78  

Good predictability

TRC Construction Public has good predictability. Overlapping area represents the amount of predictability between TRC Construction time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 0.78 indicates that around 78.0% of current TRC Construction price fluctuation can be explain by its past prices.
Correlation Coefficient0.78
Spearman Rank Test0.79
Residual Average0.0
Price Variance0.03

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  

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Other 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.