Demco Public Correlations
| DEMCO Stock | THB 2.04 0.02 0.99% |
The current 90-days correlation between Demco Public and Better World Green is 0.01 (i.e., Significant diversification). The correlation of Demco Public is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Demco Public Correlation With Market
Average diversification
The correlation between Demco Public and DJI is 0.19 (i.e., Average diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Demco Public and DJI in the same portfolio, assuming nothing else is changed.
Demco |
The ability to find closely correlated positions to Demco 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 Demco 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 Demco 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 Demco Public to buy it.
Moving together with Demco Stock
| 0.92 | TQM-R | TQM PORATION | PairCorr |
| 0.91 | STGT-R | SRI TRANG GLOVES | PairCorr |
| 0.71 | PTL-R | Polyplex Public | PairCorr |
| 0.88 | TOA-R | TOA PAINT | PairCorr |
| 0.86 | TPIPP-R | TPI POLENE POWER | PairCorr |
Related Correlations Analysis
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Demco Stock performing well and Demco 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 Demco 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BWG | 3.21 | (0.44) | 0.00 | (1.19) | 0.00 | 7.14 | 17.71 | |||
| CKP | 1.68 | (0.25) | 0.00 | (0.78) | 0.00 | 3.79 | 12.96 | |||
| GUNKUL | 1.96 | (0.30) | 0.00 | (0.53) | 0.00 | 3.74 | 11.52 | |||
| IRPC | 2.24 | (0.35) | 0.00 | (0.41) | 0.00 | 4.44 | 13.22 | |||
| JAS | 1.79 | (0.43) | 0.00 | (0.68) | 0.00 | 3.06 | 9.68 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Demco 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 Top Crypto Exchanges Now
Top Crypto ExchangesSearch and analyze digital assets across top global cryptocurrency exchanges |
| All Next | Launch Module |
Demco Public Corporate Management
Elected by the shareholders, the Demco Public's board of directors comprises two types of representatives: Demco Public inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Demco. The board's role is to monitor Demco Public's management team and ensure that shareholders' interests are well served. Demco 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, Demco Public's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Wonruedee Suvapan | SEVP Office | Profile | |
| Surabot Visutimatakul | Chief Officer | Profile | |
| Chatchai Pushpan | SEVP Division | Profile | |
| Paitoon Gumchai | MD and President | Profile | |
| Inchanan Bunkong | Accounting Mang | Profile |