CAZ Public Correlations
| CAZ Stock | THB 1.77 0.04 2.31% |
The current 90-days correlation between CAZ Public and Forth Smart Service is 0.23 (i.e., Modest diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CAZ Public moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CAZ Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
CAZ Public Correlation With Market
Significant diversification
The correlation between CAZ Public and DJI is 0.04 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding CAZ Public and DJI in the same portfolio, assuming nothing else is changed.
CAZ |
The ability to find closely correlated positions to CAZ 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 CAZ 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 CAZ 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 CAZ Public to buy it.
Moving together with CAZ Stock
| 0.72 | CK-R | CH Karnchang Public | PairCorr |
| 0.84 | CK | CH Karnchang Public | PairCorr |
| 0.87 | ITD | Italian Thai Develop | PairCorr |
| 0.92 | TRC | TRC Construction Public | PairCorr |
| 0.75 | TKC | Turnkey Communication | PairCorr |
| 0.61 | JR | JRW Utility Public | PairCorr |
| 0.84 | UNIQ | Unique Engineering and | PairCorr |
| 0.83 | BAY | Bank of Ayudhya | PairCorr |
Moving against CAZ Stock
| 0.76 | SCP | Southern Concrete Pile | PairCorr |
| 0.72 | PM | Premier Marketing Public | PairCorr |
| 0.67 | APP | Applicad Public | PairCorr |
| 0.54 | KTB | Krung Thai Bank | PairCorr |
| 0.54 | KTB-R | Krung Thai Bank | PairCorr |
| 0.5 | SCB-R | Siam Commercial | PairCorr |
| 0.48 | CPI | Chumporn Palm Oil | PairCorr |
| 0.44 | AKR | Ekarat Engineering Public | PairCorr |
| 0.43 | SCB | SCB X Public | PairCorr |
| 0.38 | SNP | SP Syndicate Public | PairCorr |
| 0.83 | CIMBT | CIMB Thai Bank | PairCorr |
| 0.7 | SAT | Somboon Advance Tech | PairCorr |
| 0.68 | MSC | Metro Systems | PairCorr |
| 0.65 | UTP | United Paper Public | PairCorr |
| 0.65 | BCP | Bangchak Public | PairCorr |
| 0.62 | SNC | SNC Former Public | PairCorr |
| 0.59 | AIE | Ai Energy Public | PairCorr |
| 0.56 | VCOM | Vintcom Technology PCL | PairCorr |
| 0.56 | UVAN | Univanich Palm Oil | PairCorr |
| 0.53 | QLT | Qualitech Public | PairCorr |
| 0.5 | METCO | Muramoto Electron Public | PairCorr |
| 0.49 | AMA | Ama Marine Public | PairCorr |
| 0.48 | ROCK | Rockworth Public | PairCorr |
| 0.46 | PLANET | Planet Communications | PairCorr |
| 0.44 | UPOIC | United Palm Oil | PairCorr |
Related Correlations Analysis
| 0.92 | -0.28 | 0.9 | 0.82 | AGE | ||
| 0.92 | -0.16 | 0.94 | 0.87 | CHG | ||
| -0.28 | -0.16 | -0.09 | -0.31 | AP | ||
| 0.9 | 0.94 | -0.09 | 0.86 | FSMART | ||
| 0.82 | 0.87 | -0.31 | 0.86 | INSET | ||
| 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
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Risk-Adjusted Indicators
There is a big difference between CAZ Stock performing well and CAZ 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 CAZ 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| AGE | 1.32 | (0.37) | 0.00 | (0.76) | 0.00 | 1.72 | 14.38 | |||
| CHG | 1.82 | (0.44) | 0.00 | (0.97) | 0.00 | 4.90 | 11.41 | |||
| AP | 1.58 | 0.11 | 0.06 | 0.06 | 1.89 | 3.92 | 13.82 | |||
| FSMART | 2.36 | (0.36) | 0.00 | (0.87) | 0.00 | 3.80 | 16.39 | |||
| INSET | 2.30 | (0.45) | 0.00 | (0.87) | 0.00 | 3.74 | 12.93 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in CAZ 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?
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Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk |
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CAZ Public Corporate Management
Elected by the shareholders, the CAZ Public's board of directors comprises two types of representatives: CAZ Public inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CAZ. The board's role is to monitor CAZ Public's management team and ensure that shareholders' interests are well served. CAZ 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, CAZ Public's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kesom Phongam | Acting Mang | Profile | |
| Nattiya Charusombat | Company Officer | Profile | |
| Phornthiphat Khantheevit | Ex Fin | Profile | |
| Sik Chung | CEO Director | Profile | |
| Cheol Yeong | Acting COO | Profile |