Cpt Drives Correlations
| CPT Stock | THB 0.99 0.01 1.00% |
A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cpt Drives moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cpt Drives Power moves in either direction, the perfectly negatively correlated security will move in the opposite direction.
Cpt Drives Correlation With Market
Good diversification
The correlation between Cpt Drives Power and DJI is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Cpt Drives Power and DJI in the same portfolio, assuming nothing else is changed.
Cpt |
The ability to find closely correlated positions to Cpt Drives could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cpt Drives 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 Cpt Drives - 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 Cpt Drives Power to buy it.
Moving together with Cpt Stock
Moving against Cpt Stock
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Cpt Stock performing well and Cpt Drives 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 Cpt Drives' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CRANE | 1.54 | (0.57) | 0.00 | (5.27) | 0.00 | 1.82 | 11.07 | |||
| CNT | 1.29 | (0.15) | 0.00 | 0.51 | 0.00 | 2.63 | 12.81 | |||
| CMAN | 1.29 | (0.24) | 0.00 | (2.12) | 0.00 | 1.94 | 7.58 | |||
| INGRS | 1.36 | (0.11) | 0.00 | 1.41 | 0.00 | 3.13 | 10.82 | |||
| HFT | 0.72 | (0.13) | 0.00 | 9.04 | 0.00 | 1.78 | 6.56 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Cpt Drives 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 Portfolio Dashboard Now
Portfolio DashboardPortfolio dashboard that provides centralized access to all your investments |
| All Next | Launch Module |
Cpt Drives Corporate Management
Elected by the shareholders, the Cpt Drives' board of directors comprises two types of representatives: Cpt Drives inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Cpt. The board's role is to monitor Cpt Drives' management team and ensure that shareholders' interests are well served. Cpt Drives' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Cpt Drives' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Haruthai Limprasert | Deputy Director | Profile | |
| Chaiyot Piyawannarat | CEO Director | Profile | |
| Pakamas Chimlek | Company Secretary | Profile | |
| Natchanan Thianchaitrakul | Chief Officer | Profile |