BEC World Correlations
| BEC Stock | THB 3.82 0.04 1.04% |
The current 90-days correlation between BEC World Public and AP Public is 0.05 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BEC World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BEC World Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
BEC World Correlation With Market
Average diversification
The correlation between BEC World Public and DJI is 0.13 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BEC World Public and DJI in the same portfolio, assuming nothing else is changed.
BEC |
The ability to find closely correlated positions to BEC World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BEC World 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 BEC World - 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 BEC World Public to buy it.
Moving together with BEC Stock
| 0.83 | INSURE | Indara Insurance Public | PairCorr |
| 0.85 | TGE | Thachang Green Energy | PairCorr |
| 0.83 | M-CHAI | Mahachai Hospital Public | PairCorr |
| 0.73 | METCO | Muramoto Electron Public | PairCorr |
| 0.68 | SCC-R | Siam Cement | PairCorr |
| 0.86 | SCC | Siam Cement | PairCorr |
Moving against BEC Stock
Related Correlations Analysis
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Risk-Adjusted Indicators
There is a big difference between BEC Stock performing well and BEC World 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 BEC World'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| LH | 1.36 | (0.35) | 0.00 | 4.83 | 0.00 | 2.04 | 10.86 | |||
| AP | 1.45 | (0.33) | 0.00 | (1.30) | 0.00 | 3.03 | 11.37 | |||
| BBL | 0.69 | 0.01 | 0.01 | 0.02 | 0.90 | 1.63 | 4.01 | |||
| CPF | 1.17 | (0.16) | 0.00 | (2.10) | 0.00 | 2.05 | 7.31 | |||
| HANA | 1.96 | (0.77) | 0.00 | (1.03) | 0.00 | 2.73 | 17.67 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in BEC World 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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Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
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BEC World Corporate Management
Elected by the shareholders, the BEC World's board of directors comprises two types of representatives: BEC World inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BEC. The board's role is to monitor BEC World's management team and ensure that shareholders' interests are well served. BEC World'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, BEC World's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Charkrit Direkwattanachai | Chief Corporate Affairs Officer | Profile | |
| Natthrapong Phisitphadhrikul | Chief Office | Profile | |
| Nopphadol Khemayotin | Ex Investment | Profile | |
| Surin Krittayaphongphun | Pres Director | Profile | |
| Pravit Maleenont | Sr Board | Profile | |
| Piriyadit Choophungart | Exec Accounting | Profile |