BGT Public Correlations
| BGT Stock | THB 0.42 0.01 2.33% |
The current 90-days correlation between BGT Public and Cho Thavee Public is 0.04 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BGT Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BGT Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
BGT Public Correlation With Market
Very good diversification
The correlation between BGT Public and DJI is -0.28 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding BGT Public and DJI in the same portfolio, assuming nothing else is changed.
BGT |
The ability to find closely correlated positions to BGT Public could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BGT Public 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 BGT Public - 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 BGT Public to buy it.
Moving together with BGT Stock
| 0.8 | PTT | PTT Public | PairCorr |
| 0.81 | TOP | Thai Oil Public | PairCorr |
| 0.62 | PTTGC | PTT Global Chemical | PairCorr |
| 0.66 | AOT-R | Airports of Thailand | PairCorr |
| 0.8 | SIRI | Siri Prime Office | PairCorr |
| 0.77 | SIRI-R | Sansiri Public | PairCorr |
| 0.85 | SPALI | Supalai Public | PairCorr |
| 0.77 | MORE | More Return Public | PairCorr |
Moving against BGT Stock
| 0.62 | SCB-R | Siam Commercial | PairCorr |
| 0.74 | SCB | SCB X Public | PairCorr |
| 0.71 | BCP | Bangchak Public | PairCorr |
| 0.66 | PSTC | Power Solution Techn | PairCorr |
| 0.55 | UVAN | Univanich Palm Oil | PairCorr |
| 0.45 | BTS | BTS Group Holdings | PairCorr |
| 0.33 | PT | Premier Technology Public | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
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
| High negative correlations
|
Risk-Adjusted Indicators
There is a big difference between BGT Stock performing well and BGT Public 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 BGT Public'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CHO | 6.73 | 0.31 | 0.02 | (0.52) | 8.86 | 25.00 | 58.33 | |||
| GCAP | 3.17 | (0.29) | 0.00 | (0.55) | 0.00 | 7.41 | 22.81 | |||
| CIG | 8.39 | 0.62 | 0.03 | 1.12 | 9.62 | 25.00 | 53.33 | |||
| ACAP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| CPR | 1.38 | (0.57) | 0.00 | (0.87) | 0.00 | 2.65 | 8.29 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in BGT Public 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?
Run Crypto Correlations Now
Crypto CorrelationsUse cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |
| All Next | Launch Module |
BGT Public Corporate Management
Elected by the shareholders, the BGT Public's board of directors comprises two types of representatives: BGT Public inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BGT. The board's role is to monitor BGT Public's management team and ensure that shareholders' interests are well served. BGT Public'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, BGT Public's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Waristha BS | Chief Fin. Officer and Company Secretary | Profile | |
| Nopdol Tumwattana | CEO Director | Profile | |
| Dolnapa Tumwattana | Chief Director | Profile | |
| Songpon Kamsagun | Group Mang | Profile | |
| Julius Charoensook | Chief Officer | Profile | |
| Methira Thongsuwan | Accounting Mang | Profile |