Asset Five Correlations

A5 Stock

2.56 0.04 1.54%

The current 90-days correlation between Asset Five Group and Areeya Property Public is 0.14 (i.e., Average diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asset Five moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asset Five Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Asset Five Correlation With Market

Average diversification

The correlation between Asset Five Group and DJI is 0.12 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Asset Five Group and DJI in the same portfolio, assuming nothing else is changed.

The ability to find closely correlated positions to Asset Five could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asset Five 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 Asset Five - 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 Asset Five Group to buy it.

Moving against Asset Stock

0.44	UOBKH	UOB Kay Hian	Pair Corr
0.39	TRU	Thai Rung Union	Pair Corr
0.38	EE	Eternal Energy Public	Pair Corr
0.32	TIPCO	Tipco Foods Public	Pair Corr
0.31	AMATAR	Amata Summit Growth	Pair Corr

Related Correlations Analysis

	SPALI-R	FPT	S-R	A	A5	PIN	ARIN	ALPHAX
SPALI-R		0.3	0.84	0.29	0.12	0.0	0.13	0.27	SPALI-R
FPT	0.3		0.6	0.73	0.12	-0.52	0.67	0.64	FPT
S-R	0.84	0.6		0.64	0.16	-0.22	0.47	0.58	S-R
A	0.29	0.73	0.64		-0.05	-0.44	0.79	0.75	A
A5	0.12	0.12	0.16	-0.05		0.3	-0.18	0.01	A5
PIN	0.0	-0.52	-0.22	-0.44	0.3		-0.53	-0.3	PIN
ARIN	0.13	0.67	0.47	0.79	-0.18	-0.53		0.81	ARIN
ALPHAX	0.27	0.64	0.58	0.75	0.01	-0.3	0.81		ALPHAX
	SPALI-R	FPT	S-R	A	A5	PIN	ARIN	ALPHAX

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

S-R	+ 0.84	SPALI-R
ALPHAX	+ 0.81	ARIN
ARIN	+ 0.79	A
ALPHAX	+ 0.75	A
A	+ 0.73	FPT
ARIN	+ 0.67	FPT

High negative correlations

ARIN	- 0.53	PIN
PIN	- 0.52	FPT
PIN	- 0.44	A
ALPHAX	- 0.3	PIN
PIN	- 0.22	S-R
ARIN	- 0.18	A5

Risk-Adjusted Indicators

There is a big difference between Asset Stock performing well and Asset Five 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 Asset Five'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
SPALI-R	0.64	(0.29)	0.00	4.93	0.00	0.00	1.00	(1.88)	9.01
FPT	1.18	(0.09)	0.00	0.26	0.00	0.00	3.12	(3.03)	13.55
S-R	1.38	(0.43)	0.00	1.30	0.00	0.00	2.17	(2.17)	33.59
A	0.26	(0.03)	0.00	0.33	0.00	0.00	0.81	(0.80)	3.24
A5	1.26	(0.09)	0.00	(0.28)	0.00	0.00	3.05	(3.60)	14.03
PIN	2.37	0.27	0.09	(1.87)	2.22	(3.41)	6.14	(3.82)	24.13
ARIN	4.01	(0.47)	0.00	(0.51)	0.00	0.00	10.40	(6.30)	36.34
ALPHAX	1.27	(0.20)	0.00	0.60	0.00	0.00	3.08	(2.86)	10.41

Be your own money manager

Our tools can tell you how much better you can do entering a position in Asset Five 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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Asset Five Corporate Management

Elected by the shareholders, the Asset Five's board of directors comprises two types of representatives: Asset Five inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Asset. The board's role is to monitor Asset Five's management team and ensure that shareholders' interests are well served. Asset Five'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, Asset Five's outside directors are responsible for providing unbiased perspectives on the board's policies.

Nuanjira Panmarerng	Human Mang	Profile
Nichaorn Trithipharat	Chief Officer	Profile
Rungaroon Atthakomol	Accounting Board	Profile
Anulux Wongassadaporn	Fin Board	Profile
Phatsorn Visuttipong	Accounting Mang	Profile

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