GMM Grammy Correlations
| GRAMMY Stock | THB 8.30 0.00 0.00% |
The current 90-days correlation between GMM Grammy Public and Laguna Resorts Hotels is -0.07 (i.e., Good diversification). The correlation of GMM Grammy 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.
GMM Grammy Correlation With Market
Good diversification
The correlation between GMM Grammy Public and DJI is -0.12 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding GMM Grammy Public and DJI in the same portfolio, assuming nothing else is changed.
GMM |
The ability to find closely correlated positions to GMM Grammy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GMM Grammy 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 GMM Grammy - 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 GMM Grammy Public to buy it.
Moving against GMM Stock
Related Correlations Analysis
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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
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Risk-Adjusted Indicators
There is a big difference between GMM Stock performing well and GMM Grammy 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 GMM Grammy'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| BBL | 0.74 | (0.04) | 0.00 | (0.25) | 0.00 | 1.66 | 4.01 | |||
| LRH | 0.74 | 0.04 | 0.02 | (0.29) | 0.97 | 2.56 | 6.50 | |||
| CHARAN | 1.01 | (0.09) | 0.00 | 1.52 | 0.00 | 1.88 | 14.50 | |||
| ROH | 1.94 | 0.00 | 0.00 | 0.02 | 2.59 | 4.63 | 15.33 | |||
| LHHOTEL | 0.89 | 0.00 | 0.00 | (0.01) | 1.17 | 1.62 | 6.93 | |||
| WHAIR | 0.76 | 0.05 | 0.05 | (1.06) | 0.70 | 2.39 | 4.80 | |||
| ALLY | 0.93 | (0.06) | 0.00 | 1.08 | 0.00 | 1.98 | 5.38 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in GMM Grammy 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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GMM Grammy Corporate Management
Elected by the shareholders, the GMM Grammy's board of directors comprises two types of representatives: GMM Grammy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of GMM. The board's role is to monitor GMM Grammy's management team and ensure that shareholders' interests are well served. GMM Grammy'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, GMM Grammy's outside directors are responsible for providing unbiased perspectives on the board's policies.
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