Makalot Industrial Correlations
| 1477 Stock | TWD 320.50 5.00 1.58% |
The current 90-days correlation between Makalot Industrial and Clevo Co is -0.17 (i.e., Good diversification). The correlation of Makalot Industrial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Makalot Industrial Correlation With Market
Weak diversification
The correlation between Makalot Industrial Co and DJI is 0.37 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Makalot Industrial Co and DJI in the same portfolio, assuming nothing else is changed.
Makalot |
The ability to find closely correlated positions to Makalot Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Makalot Industrial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Makalot Industrial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Makalot Industrial Co to buy it.
Moving together with Makalot Stock
| 0.8 | 9906 | Hsin Ba Ba Split | PairCorr |
| 0.74 | 9928 | China Television | PairCorr |
| 0.7 | 2633 | Taiwan High Speed | PairCorr |
Moving against Makalot Stock
| 0.84 | 2609 | Yang Ming Marine | PairCorr |
| 0.73 | 1449 | Chia Her Industrial Split | PairCorr |
| 0.59 | 5903 | Taiwan FamilyMart | PairCorr |
| 0.55 | 0050 | YuantaP shares Taiwan | PairCorr |
| 0.54 | 0057 | Fubon MSCI Taiwan | PairCorr |
| 0.46 | 5608 | Shih Wei Navigation | PairCorr |
| 0.42 | 0053 | YuantaP shares Taiwan | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Makalot Stock performing well and Makalot Industrial Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Makalot Industrial's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| 2425 | 2.44 | (0.10) | (0.04) | (0.01) | 2.78 | 9.87 | 17.67 | |||
| 2380 | 1.16 | (0.39) | 0.00 | (0.71) | 0.00 | 3.56 | 13.93 | |||
| 2362 | 1.92 | (0.04) | 0.00 | 0.24 | 0.00 | 5.34 | 14.09 | |||
| 2331 | 1.44 | (0.20) | 0.00 | (0.40) | 0.00 | 2.71 | 9.06 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Makalot Industrial 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.Did you try this?
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Makalot Industrial Corporate Management
Elected by the shareholders, the Makalot Industrial's board of directors comprises two types of representatives: Makalot Industrial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Makalot. The board's role is to monitor Makalot Industrial's management team and ensure that shareholders' interests are well served. Makalot Industrial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Makalot Industrial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| KuoLung Chen | VP Group | Profile | |
| Chien Wang | Consultant Director | Profile | |
| YuChing Huang | Corp Office | Profile | |
| Qing Huang | Assistant Headquarters | Profile | |
| ChiuLing Chou | Consultant Director | Profile | |
| HungJen Huang | Consultant Director | Profile | |
| LiPing Chou | Pres Chairman | Profile |