Cho Thavee Correlations
| CHO Stock | THB 0.03 0.01 25.00% |
The current 90-days correlation between Cho Thavee Public and Chewathai Public is -0.02 (i.e., Good diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cho Thavee moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cho Thavee Public moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Cho Thavee Correlation With Market
Good diversification
The correlation between Cho Thavee Public and DJI is -0.07 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cho Thavee Public and DJI in the same portfolio, assuming nothing else is changed.
Cho |
The ability to find closely correlated positions to Cho Thavee could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cho Thavee 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 Cho Thavee - 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 Cho Thavee Public to buy it.
Moving against Cho Stock
| 0.55 | SAT | Somboon Advance Tech | PairCorr |
| 0.48 | STANLY | Thai Stanley Electric | PairCorr |
| 0.33 | PACO | President Automobile | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Cho Stock performing well and Cho Thavee 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 Cho Thavee'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CHEWA | 2.83 | (0.33) | 0.00 | (1.59) | 0.00 | 5.88 | 23.80 | |||
| FVC | 2.46 | (0.71) | 0.00 | (1.34) | 0.00 | 4.44 | 13.79 | |||
| GCAP | 3.03 | (0.24) | 0.00 | (0.47) | 0.00 | 6.90 | 20.71 | |||
| DEMCO | 1.46 | (0.65) | 0.00 | (1.59) | 0.00 | 3.16 | 9.47 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cho Thavee 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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Cho Thavee Corporate Management
Elected by the shareholders, the Cho Thavee's board of directors comprises two types of representatives: Cho Thavee inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cho. The board's role is to monitor Cho Thavee's management team and ensure that shareholders' interests are well served. Cho Thavee'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, Cho Thavee's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sven Gaber | Chief VP | Profile | |
| Panthong Nowa | Ex CFO | Profile | |
| Nirut Sumongkol | Exec Director | Profile | |
| Suradech Taweesaengsakulthai | President, CEO | Profile | |
| Siriwat Taveesangskulthai | Ex Director | Profile | |
| Ratchanee Chanda | Chief Accountant | Profile | |
| Apichai Chumsri | Exec Director | Profile |